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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Mar. 31, 2017
Mar. 31, 2016
OPERATING REVENUES        
Utility $ 295,546 $ 242,536 $ 481,102 $ 394,142
Nonutility 438,000 331,657 793,472 624,309
Total operating revenues 733,546 574,193 1,274,574 1,018,451
OPERATING EXPENSES        
Gas Purchases - Utility 112,445 82,374 173,765 129,039
Gas Purchases - Nonutility 367,328 287,883 705,260 541,971
Gas Purchases - Related parties 2,072 2,077 4,183 4,151
Operation and maintenance 52,342 53,125 104,570 99,358
Regulatory rider expenses 19,893 21,215 32,494 30,843
Depreciation and amortization 20,328 17,744 39,588 34,226
Energy and other taxes 19,485 15,842 33,586 25,479
Total operating expenses 593,893 480,260 1,093,446 865,067
OPERATING INCOME 139,653 93,933 181,128 153,384
Other income, net 5,338 2,202 9,114 4,126
Interest expense, net of capitalized interest 11,436 7,369 22,051 14,146
INCOME BEFORE INCOME TAXES AND EQUITY IN EARNINGS OF AFFILIATES 133,555 88,766 168,191 143,364
Income tax provision 23,932 17,815 25,950 24,537
Equity in earnings of affiliates 5,079 2,402 7,390 4,808
NET INCOME $ 114,702 $ 73,353 $ 149,631 $ 123,635
EARNINGS PER COMMON SHARE        
Basic (usd per share) $ 1.33 $ 0.85 $ 1.74 $ 1.44
Diluted (usd per share) 1.32 0.84 1.72 1.42
DIVIDENDS DECLARED PER COMMON SHARE (usd per share) $ 0.255 $ 0.24 $ 0.51 $ 0.48
WEIGHTED AVERAGE SHARES OUTSTANDING        
Basic (in shares) 86,275 85,834 86,182 85,754
Diluted (in shares) 87,101 86,858 86,993 86,778