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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Mar. 31, 2022
Mar. 31, 2021
OPERATING REVENUES        
Utility $ 463,474 $ 310,167 $ 737,909 $ 505,896
Nonutility 448,842 492,020 850,249 750,596
Total operating revenues 912,316 802,187 1,588,158 1,256,492
Natural gas purchases:        
Gas purchases - Related parties 1,883 1,730 3,729 3,464
Operation and maintenance 85,786 110,265 154,770 183,901
Regulatory rider expenses 30,910 18,413 47,581 29,114
Depreciation and amortization 31,435 26,848 61,828 54,210
Total operating expenses 773,441 600,979 1,292,398 943,804
OPERATING INCOME 138,875 201,208 295,760 312,688
Other income, net 4,127 5,007 8,263 9,124
Interest expense, net of capitalized interest 18,926 20,153 38,403 39,939
INCOME BEFORE INCOME TAXES AND EQUITY IN EARNINGS OF AFFILIATES 124,076 186,062 265,620 281,873
Income tax provision 28,810 39,057 59,617 56,498
Equity in earnings of affiliates 769 2,804 1,344 5,479
NET INCOME $ 96,035 $ 149,809 $ 207,347 $ 230,854
EARNINGS PER COMMON SHARE        
Basic (usd per share) $ 1.00 $ 1.56 $ 2.16 $ 2.40
Diluted (usd per share) $ 1.00 $ 1.55 $ 2.15 $ 2.39
WEIGHTED AVERAGE SHARES OUTSTANDING        
Basic (in shares) 96,068 96,248 96,006 96,181
Diluted (in shares) 96,516 96,618 96,480 96,598
Regulated        
Natural gas purchases:        
Gas purchases - Utility and Nonutility $ 212,892 $ 113,235 $ 335,161 $ 169,380
Unregulated        
Natural gas purchases:        
Gas purchases - Utility and Nonutility $ 410,535 $ 330,488 $ 689,329 $ 503,735