XML 17 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
OPERATING REVENUES        
Utility $ 104,538 $ 121,362 $ 631,389 $ 602,464
Nonutility 438,897 336,161 1,636,394 1,129,633
Total operating revenues 543,435 457,523 2,267,783 1,732,097
OPERATING EXPENSES        
Gas purchases - Utility 53,080 47,124 227,268 220,889
Gas purchases - Nonutility 422,734 299,971 1,489,041 1,005,231
Gas purchases - Related parties 2,156 2,076 6,392 6,259
Operation and maintenance 69,447 55,613 182,307 160,183
Regulatory rider expenses 5,542 5,216 36,915 37,710
Depreciation and amortization 20,320 20,760 64,634 60,348
Energy and other taxes 7,822 8,796 45,855 42,382
Total operating expenses 581,101 439,556 2,052,412 1,533,002
OPERATING (LOSS) INCOME (37,666) 17,967 215,371 199,095
Other income, net 2,682 3,273 11,589 12,387
Interest expense, net of capitalized interest 11,037 11,164 34,740 33,215
(LOSS) INCOME BEFORE INCOME TAXES AND EQUITY IN EARNINGS OF AFFILIATES (46,021) 10,076 192,220 178,267
Income tax (benefit) provision (28,534) (5,816) (47,801) 20,134
Equity in earnings of affiliates 3,213 3,065 9,670 10,455
NET (LOSS) INCOME $ (14,274) $ 18,957 $ 249,691 $ 168,588
(LOSS) EARNINGS PER COMMON SHARE        
Basic (usd per share) $ (0.16) $ 0.22 $ 2.85 $ 1.95
Diluted (usd per share) (0.16) 0.22 2.84 1.94
DIVIDENDS DECLARED PER COMMON SHARE (usd per share) $ 0.2725 $ 0.255 $ 0.8175 $ 0.765
WEIGHTED AVERAGE SHARES OUTSTANDING        
Basic (in shares) 87,888 86,408 87,493 86,257
Diluted (in shares) 87,888 87,267 87,884 87,088