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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
OPERATING REVENUES        
Utility $ 199,357 $ 127,626 $ 937,266 $ 633,522
Nonutility 352,978 239,967 1,203,227 990,563
Total operating revenues 552,335 367,593 2,140,493 1,624,085
Natural gas purchases:        
Related parties 1,838 1,699 5,567 5,163
Operation and maintenance 88,373 81,878 243,143 265,779
Regulatory rider expenses 8,360 5,456 55,941 34,570
Depreciation and amortization 32,872 27,767 94,700 81,977
Total operating expenses 522,526 395,049 1,814,924 1,338,853
OPERATING INCOME (LOSS) 29,809 (27,456) 325,569 285,232
Other income, net 4,288 4,817 12,551 13,941
Interest expense, net of capitalized interest 21,411 18,744 59,814 58,683
INCOME (LOSS) BEFORE INCOME TAXES AND EQUITY IN EARNINGS OF AFFILIATES 12,686 (41,383) 278,306 240,490
Income tax provision (benefit) 4,434 (18,785) 64,051 37,713
Equity in earnings (loss) of affiliates 4,801 (89,233) 6,145 (83,754)
NET INCOME (LOSS) $ 13,053 $ (111,831) $ 220,400 $ 119,023
EARNINGS (LOSS) PER COMMON SHARE        
Basic (usd per share) $ 0.14 $ (1.16) $ 2.29 $ 1.24
Diluted (usd per share) $ 0.14 $ (1.16) $ 2.28 $ 1.23
WEIGHTED AVERAGE SHARES OUTSTANDING        
Basic (in shares) 96,154 96,348 96,055 96,237
Diluted (in shares) 96,620 96,348 96,527 96,629
Regulated        
Natural gas purchases:        
Gas purchases - Utility and Nonutility $ 100,277 $ 41,785 $ 435,438 $ 211,165
Unregulated        
Natural gas purchases:        
Gas purchases - Utility and Nonutility $ 290,806 $ 236,464 $ 980,135 $ 740,199