XML 79 R29.htm IDEA: XBRL DOCUMENT v3.20.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 6 Months Ended
Mar. 31, 2020
Accounting Policies [Abstract]  
Summary of Gas in Storage
The following table summarizes gas in storage, at average cost by segment as of:
 
March 31, 2020
September 30, 2019
($ in thousands)
Gas in Storage
 
Bcf
Gas in Storage
 
Bcf
Energy Services
 
$
35,502

20.3

 
$
52,390

25.6

Natural Gas Distribution
 
40,655

7.3

 
117,413

27.0

Midstream
 
196

0.1

 
—

—

Total
 
$
76,353

27.7

 
$
169,803

52.6
Schedule of Cash and Cash Equivalents The following table provides a reconciliation of cash and cash equivalents and restricted cash reported in the Unaudited Condensed Consolidated Balance Sheets to the total amounts in the Unaudited Condensed Consolidated Statements of Cash Flows as follows:
(Thousands)
March 31,
2020
September 30,
2019
March 31,
2019
September 30,
2018
Balance Sheet
 
 
 
 
Cash and cash equivalents
$
25,968

$
2,676

$
83,160

$
1,458

Restricted cash in other noncurrent assets
2,422

1,387

405

252

Statements of Cash Flow
 
 
 
 
Cash, cash equivalents and restricted cash in the statement of cash flows
$
28,390

$
4,063

$
83,565

$
1,710
Schedule of Restricted Cash The following table provides a reconciliation of cash and cash equivalents and restricted cash reported in the Unaudited Condensed Consolidated Balance Sheets to the total amounts in the Unaudited Condensed Consolidated Statements of Cash Flows as follows:
(Thousands)
March 31,
2020
September 30,
2019
March 31,
2019
September 30,
2018
Balance Sheet
 
 
 
 
Cash and cash equivalents
$
25,968

$
2,676

$
83,160

$
1,458

Restricted cash in other noncurrent assets
2,422

1,387

405

252

Statements of Cash Flow
 
 
 
 
Cash, cash equivalents and restricted cash in the statement of cash flows
$
28,390

$
4,063

$
83,565

$
1,710
Schedule of Accumulated Other Comprehensive Income (Loss)
The following table presents the changes in the components of accumulated other comprehensive income (loss), net of related tax effects during the three months ended March 31, 2020 and 2019:
(Thousands)
Investments in Equity Securities
Cash Flow Hedges
Postemployment Benefit Obligation
Total
Balance at December 31, 2019
$
—

 
$
—

 
$
(31,028
)
 
$
(31,028
)
Other comprehensive loss (income), net of tax
 
 
 
 
 
 
 
Other comprehensive (loss) income, before reclassifications, net of tax of $0, $2,781, $(1,681), $1,100
—

 
(9,711
)
 
5,378

 
(4,333
)
Amounts reclassified from accumulated other comprehensive loss, net of tax of $0, $0, $(72), $(72)
—

 
—

 
722

(1) 
722

Net current-period other comprehensive income, net of tax of $0, $2,781, $(1,753), $1,028
—

 
(9,711
)
 
6,100

 
(3,611
)
Balance at March 31, 2020
$
—

 
$
(9,711
)
 
$
(24,928
)
 
$
(34,639
)
Balance at December 31, 2018
$
—

 
$
—

 
$
(15,822
)
 
$
(15,822
)
Other comprehensive (loss) income, net of tax
 
 
 
 
 
 
 
Amounts reclassified from accumulated other comprehensive loss, net of tax of $0, $0, $(119), $(119)
—

 
—

 
305

(1) 
305

Balance at March 31, 2019
$
—

 
$
—

 
$
(15,517
)
 
$
(15,517
)
(1)
Included in the computation of net periodic pension cost, a component of operations and maintenance expense on the Unaudited Condensed Consolidated Statements of Operations.

The following table presents the changes in the components of accumulated other comprehensive income (loss), net of related tax effects during the six months ended March 31, 2020 and 2019:
(Thousands)
Investments in Equity Securities
Cash Flow Hedges
Postemployment Benefit Obligation
Total
Balance at September 30, 2019
$
—

 
$
—

 
$
(31,787
)
 
$
(31,787
)
Other comprehensive loss, net of tax
 
 
 
 
 
 
 
Other comprehensive (loss) income, before reclassifications, net of tax of $0, $(2,781), $(1,681), $1,100
—

 
(9,711
)
 
5,378

 
(4,333
)
Amounts reclassified from accumulated other comprehensive loss, net of tax of $0, $0, $(289), $(289)
—

 
—

 
1,481

(1) 
1,481

Net current-period other comprehensive income, net of tax of $0, $2,781, $(1,970), $811
—

 
(9,711
)
 
6,859

 
(2,852
)
Balance at March 31, 2020
$
—

 
$
(9,711
)
 
$
(24,928
)
 
$
(34,639
)
Balance at September 30, 2018
$
3,446

 
$
—

 
$
(16,056
)
 
$
(12,610
)
Other comprehensive income (loss), net of tax
 
 
 
 
 
 
 
Amounts reclassified from accumulated other comprehensive income (loss), net of tax of $0,$0, $(215), $(215)
—

 
—

 
539

(1) 
539

Reclassification to retained earnings
$
(3,446
)
(2) 


 
$
—

 
$
(3,446
)
Balance at March 31, 2019
$
—

 
$
—

 
$
(15,517
)
 
$
(15,517
)
(1)
Included in the computation of net periodic pension cost, a component of operations and maintenance expense on the Unaudited Condensed Consolidated Statements of Operations.
(2)
Due to the adoption of ASU No. 2016-01, an amendment to ASC 825, Financial Instruments.