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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 116,041 $ 97,373 $ 121,055
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 72,332 67,303 63,590
Deferred income taxes, net 78,568 76,938 29,356
Pension contributions, net of pension cost 4,017 1,580 (1,415)
Settlement of interest rate protection agreements 0 (35,975) 0
Provision for uncollectible accounts 8,030 7,760 13,498
Other, net 9,664 (10,112) 3,228
Net change in:      
Accounts receivable and accrued utility revenues (25,253) 1,120 7,297
Inventories (10,969) 9,376 43,503
Deferred fuel costs, net of changes in unsettled derivatives (15,385) (22,740) 51,778
Accounts payable 2,107 (3,053) (7,649)
Other current assets (2,108) (70) (9,723)
Other current liabilities 6,550 15,870 (7,808)
Net cash provided by operating activities 243,594 205,370 306,710
CASH FLOWS FROM INVESTING ACTIVITIES:      
Expenditures for property, plant and equipment (305,311) (250,584) (203,192)
Net costs of property, plant and equipment disposals (12,735) (7,940) (10,443)
(Increase) decrease in restricted cash (2,463) 6,019 (3,010)
Net cash used by investing activities (320,509) (252,505) (216,645)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Payment of dividends (57,700) (47,000) (65,600)
Increase (decrease) in short-term borrowings 57,500 40,800 (14,600)
Issuances of long-term debt, net of issuance costs 99,499 298,379 0
Repayments of long-term debt (20,000) (247,000) (20,000)
Excess tax benefits from equity-based payment arrangements 0 1,676 833
Net cash provided (used) by financing activities 79,299 46,855 (99,367)
Cash and cash equivalents increase (decrease) 2,384 (280) (9,302)
CASH AND CASH EQUIVALENTS:      
End of year 5,203 2,819 3,099
Beginning of year 2,819 3,099 12,401
Increase (decrease) 2,384 (280) (9,302)
Cash paid (received) for:      
Interest 29,449 36,155 38,405
Income taxes $ 2,080 $ (19,758) $ 54,427