XML 15 R2.htm IDEA: XBRL DOCUMENT v3.23.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
OPERATING REVENUES        
Utility $ 144,971 $ 199,357 $ 902,880 $ 937,266
Nonutility 119,104 352,978 728,789 1,203,227
Total operating revenues 264,075 552,335 1,631,669 2,140,493
Natural gas purchases:        
Related parties 1,870 1,838 5,467 5,567
Operation and maintenance 94,213 88,373 272,809 243,143
Regulatory rider expenses 6,120 8,360 47,525 55,941
Depreciation and amortization 38,877 32,872 113,650 94,700
Total operating expenses 259,341 522,526 1,288,962 1,814,924
OPERATING INCOME 4,734 29,809 342,707 325,569
Other income, net 5,711 4,288 15,145 12,551
Interest expense, net of capitalized interest 30,119 21,411 89,871 59,814
(LOSS) INCOME BEFORE INCOME TAXES AND EQUITY IN EARNINGS OF AFFILIATES (19,674) 12,686 267,981 278,306
Income tax (benefit) provision (20,505) 4,434 43,059 64,051
Equity in earnings of affiliates 701 4,801 2,778 6,145
NET INCOME $ 1,532 $ 13,053 $ 227,700 $ 220,400
EARNINGS PER COMMON SHARE        
Basic (usd per share) $ 0.02 $ 0.14 $ 2.35 $ 2.29
Diluted (usd per share) $ 0.02 $ 0.14 $ 2.33 $ 2.28
WEIGHTED AVERAGE SHARES OUTSTANDING        
Basic (in shares) 97,168 96,154 96,849 96,055
Diluted (in shares) 97,886 96,620 97,538 96,527
Utility        
Natural gas purchases:        
Gas purchases - Utility and Nonutility $ 42,344 $ 100,277 $ 381,160 $ 435,438
Nonutility        
Natural gas purchases:        
Gas purchases - Utility and Nonutility $ 75,917 $ 290,806 $ 468,351 $ 980,135