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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
6 Months Ended
Mar. 31, 2021
Mar. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 230,854,000 $ 149,598,000
Adjustments to reconcile net income to cash flows from operating activities    
Unrealized gain on derivative instruments (8,235,000) (45,539,000)
Depreciation and amortization 54,210,000 52,153,000
Amortization of acquired wholesale energy contracts 3,401,000 3,953,000
Allowance for equity used during construction (10,603,000) (8,053,000)
Allowance for doubtful accounts 10,607,000 951,000
Non cash lease expense 1,957,000 1,856,000
Deferred income taxes 20,909,000 34,975,000
Manufactured gas plant remediation costs (6,284,000) (5,291,000)
Equity in earnings, net of distributions received from equity investees (3,543,000) (2,760,000)
Cost of removal - asset retirement obligations (512,000) (122,000)
Contributions to postemployment benefit plans (2,018,000) (5,742,000)
Taxes related to stock-based compensation (145,000) 803,000
Changes in:    
Components of working capital 6,846,000 3,526,000
Other noncurrent assets 18,854,000 (1,258,000)
Other noncurrent liabilities 39,993,000 95,000
Cash flows from operating activities 356,291,000 179,145,000
Expenditures for:    
Cost of removal (23,989,000) (17,487,000)
Acquisition of assets, net of cash acquired of $5.1 million 0 (523,647,000)
Distribution from equity investees in excess of equity in earnings 871,000 1,132,000
Investments in equity investees (482,000) (1,266,000)
Cash flows used in investing activities (245,498,000) (751,130,000)
CASH FLOWS (USED IN) FROM FINANCING ACTIVITIES    
Payments of long-term debt (11,001,000) (9,764,000)
Proceeds from term loan 0 350,000,000
Payments of term loan 0 (212,900,000)
(Payments of) proceeds from short-term debt, net (116,850,000) 304,023,000
Proceeds from sale leaseback transaction - solar 12,124,000 0
Proceeds from sale leaseback transaction 0 4,000,000
Payments of common stock dividends (60,894,000) (56,821,000)
Proceeds from issuance of common stock - public equity offering 0 212,900,000
Cash settlement of equity forward agreement (388,000) 0
Proceeds from issuance of common stock - DRP 7,540,000 8,767,000
Tax withholding payments related to net settled stock compensation (1,772,000) (3,893,000)
Cash flows (used in) from financing activities (171,241,000) 596,312,000
Change in cash, cash equivalents and restricted cash (60,448,000) 24,327,000
Cash, cash equivalents and restricted cash at beginning of period 119,423,000 4,063,000
Cash, cash equivalents and restricted cash at end of period 58,975,000 28,390,000
CHANGES IN COMPONENTS OF WORKING CAPITAL    
Receivables (136,295,000) (87,532,000)
Inventories 94,233,000 90,484,000
Recovery of natural gas costs (20,279,000) (21,891,000)
Natural gas purchases payable 33,191,000 (10,933,000)
Natural gas purchases payable - related parties 62,000 11,000
Accounts payable and other (19,621,000) (27,345,000)
Prepaid expenses (8,170,000) (602,000)
Prepaid and accrued taxes 59,614,000 22,258,000
Restricted broker margin accounts 7,644,000 39,193,000
Customers' credit balances and deposits (5,171,000) (7,788,000)
Other current assets 1,638,000 7,671,000
Total 6,846,000 3,526,000
Cash paid for:    
Interest (net of amounts capitalized) 40,465,000 32,872,000
Income taxes 3,733,000 1,193,000
Accrued capital expenditures 22,840,000 17,930,000
Utility Plant    
Expenditures for:    
Payments to acquire PP&E (152,496,000) (132,352,000)
Solar Equipment    
Expenditures for:    
Payments to acquire PP&E (40,884,000) (69,786,000)
Storage and Transportation and other    
Expenditures for:    
Payments to acquire PP&E $ (28,518,000) $ (7,724,000)