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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 97,373 $ 121,055 $ 124,106
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 67,303 63,590 59,219
Deferred income taxes, net 76,938 29,356 33,588
Pension contributions, net of pension expense 1,580 (1,415) (9,459)
Settlement of interest rate protection agreements (35,975) 0 0
Provision for uncollectible accounts 7,760 13,498 13,149
Other, net (10,112) 3,228 3,998
Net change in:      
Accounts receivable and accrued utility revenues 1,120 7,297 (19,718)
Inventories 9,376 43,503 (5,558)
Deferred fuel costs, net of changes in unsettled derivatives (22,740) 51,778 (17,632)
Accounts payable (3,053) (7,649) 5,757
Other current assets (70) (9,723) 362
Other current liabilities 15,870 (7,808) 864
Net cash provided by operating activities 205,370 306,710 188,676
CASH FLOWS FROM INVESTING ACTIVITIES:      
Expenditures for property, plant and equipment (250,584) (203,192) (164,180)
Net costs of property, plant and equipment disposals (7,940) (10,443) (8,214)
Decrease (increase) in restricted cash 6,019 (3,010) (411)
Net cash used by investing activities (252,505) (216,645) (172,805)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Payment of dividends (47,000) (65,600) (77,395)
Increase (decrease) in short-term borrowings 40,800 (14,600) 68,800
Issuances of long-term debt, net of issuance costs 298,379 0 174,445
Repayments of long-term debt (247,000) (20,000) (175,000)
Excess tax benefits from equity-based payment arrangements 1,676 833 973
Net cash provided (used) by financing activities 46,855 (99,367) (8,177)
Cash and cash equivalents (decrease) increase (280) (9,302) 7,694
CASH AND CASH EQUIVALENTS:      
End of year 2,819 3,099 12,401
Beginning of year 3,099 12,401 4,707
(Decrease) increase (280) (9,302) 7,694
Cash paid (received) for:      
Interest 36,155 38,405 34,781
Income taxes $ (19,758) $ 54,427 $ 54,293