SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Jun. 30, 2023

Accounting Policies [Abstract]

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)	June 30, 2023		September 30, 2022		June 30, 2022
Balance Sheet
Cash and cash equivalents	$	511	$	1,107	$	27,693
Restricted cash in other noncurrent assets	$	509	$	345	$	300
Statements of Cash Flow
Cash, cash equivalents and restricted cash	$	1,020	$	1,452	$	27,993

Summary of Natural Gas in Storage

The following table summarizes natural gas in storage, at average cost by segment as of:

	June 30, 2023				September 30, 2022
($ in thousands)	Natural Gas in Storage			Bcf	Natural Gas in Storage			Bcf
Natural Gas Distribution		$	118,776	21.7		$	191,175	29.0
Energy Services		36,301		19.8		82,469		10.8
Total		$	155,077	41.5		$	273,644	39.8

Schedule of Software Costs Included in the Consolidated Financial Statements

The following tables present the software costs included in the Unaudited Condensed Consolidated Financial Statements:

(Thousands)	June 30, 2023		September 30, 2022
Balance Sheets
Utility plant, at cost	$	50,911	$	40,437
Construction work in progress	$	41,533	$	14,381
Nonutility plant and equipment, at cost	$	344	$	344
Accumulated depreciation and amortization, utility plant	$	(6,501)	$	(3,361)
Accumulated depreciation and amortization, nonutility plant and equipment	$	(33)	$	(25)
Software costs	$	7,625	$	6,120

	Three Months Ended				Nine Months Ended
	June 30,				June 30,
Statements of Operations	2023		2022		2023		2022
Operation and maintenance (1)	$	3,163	$	2,835	$	10,801	$	8,186
Depreciation and amortization	$	1,320	$	637	$	3,148	$	1,239

(1)During the three and nine months ended June 30, 2023, approximately $125,000 and $387,000, respectively, was amortized from software costs into O&M. During the three and nine months ended June 30, 2022, approximately $113,000 and $339,000, respectively, was amortized from software costs into O&M.

Schedule of Accumulated Other Comprehensive Loss

The following table presents the changes in the components of accumulated other comprehensive loss, net of related tax effects during the three months ended June 30, 2023 and 2022:

(Thousands)	Cash Flow Hedges		Postemployment Benefit Obligation			Total
Balance as of March 31, 2023	$	(7,795)	$	3,578		$	(4,217)
Other comprehensive income, net of tax
Amounts reclassified from accumulated other comprehensive loss, net of tax of $(79), $(12), $(91), respectively	263		41		(1)	304
Balance as of June 30, 2023	$	(7,532)	$	3,619		$	(3,913)
Balance as of March 31, 2022	$	(8,849)	$	(23,618)		$	(32,467)
Other comprehensive income, net of tax
Amounts reclassified from accumulated other comprehensive loss, net of tax of $(79), $(232), $(311)	262		768		(1)	1,030
Balance as of June 30, 2022	$	(8,587)	$	(22,850)		$	(31,437)

(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 loss, net of related tax effects during the nine months ended June 30, 2023 and 2022:

(Thousands)	Cash Flow Hedges		Postemployment Benefit Obligation			Total
Balance as of September 30, 2022	$	(8,322)	$	3,496		$	(4,826)
Other comprehensive income, net of tax
Amounts reclassified from accumulated other comprehensive loss, net of tax of $(238), $(37) and $(275), respectively	790		123		(1)	913
Balance as of June 30, 2023	$	(7,532)	$	3,619		$	(3,913)
Balance as of September 30, 2021	$	(9,376)	$	(25,152)		$	(34,528)
Other comprehensive income, net of tax
Amounts reclassified from accumulated other comprehensive loss, net of tax of $(238), $(697) and $(935), respectively	789		2,302		(1)	3,091
Balance as of June 30, 2022	$	(8,587)	$	(22,850)		$	(31,437)

(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.