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BUSINESS SEGMENT AND OTHER OPERATIONS DATA (Tables)
 6 Months Ended
Mar. 31, 2017
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
Information related to the Company's various business segments and other operations is detailed below:
 
Three Months Ended
Six Months Ended
 
March 31,
March 31,
(Thousands)
2017
2016
2017
2016
Operating revenues
 
 
 
 
Natural Gas Distribution
 
 
 
 
External customers
$
295,546

$
242,536

$
481,102

$
394,142

Clean Energy Ventures
 
 
 
 
External customers
12,943

7,662

20,510

15,456

Energy Services
 
 
 
 
External customers (1)
417,608

316,703

756,538

592,885

Intercompany
2,679

3,255

930

5,766

Subtotal
728,776

570,156

1,259,080

1,008,249

Home Services and Other
 
 
 
 
External customers
7,449

7,292

16,424

15,968

Intercompany
1,055

639

2,086

1,536

Eliminations
(3,734
)
(3,894
)
(3,016
)
(7,302
)
Total
$
733,546

$
574,193

$
1,274,574

$
1,018,451

Depreciation and amortization
 
 
 
 
Natural Gas Distribution
$
12,263

$
11,598

$
24,293

$
22,836

Clean Energy Ventures
7,923

5,876

14,964

10,986

Energy Services
17

23

33

46

Midstream
2

2

3

3

Subtotal
20,205

17,499

39,293

33,871

Home Services and Other
199

237

420

464

Eliminations
(76
)
8

(125
)
(109
)
Total
$
20,328

$
17,744

$
39,588

$
34,226

Interest income (2)
 
 
 
 
Natural Gas Distribution
$
97

$
60

$
172

$
128

Energy Services
—

—

—

72

Midstream
512

450

974

714

Subtotal
609

510

1,146

914

Home Services and Other
132

123

253

160

Eliminations
(633
)
(580
)
(1,216
)
(951
)
Total
$
108

$
53

$
183

$
123

(1)
Includes sales to Canada, which accounted for 1.5 and 2.9 percent of total operating revenues during the six months ended March 31, 2017 and 2016.
(2)
Included in other income, net on the Unaudited Condensed Consolidated Statements of Operations.
 
Three Months Ended
Six Months Ended
 
March 31,
March 31,
(Thousands)
2017
2016
2017
2016
Interest expense, net of capitalized interest
 
 
 
 
Natural Gas Distribution
$
6,392

$
4,690

$
13,216

$
9,278

Clean Energy Ventures
4,055

2,552

7,379

4,605

Energy Services
716

168

1,287

376

Midstream
414

130

470

172

Subtotal
11,577

7,540

22,352

14,431

Home Services and Other
123

105

197

105

Eliminations
(264
)
(276
)
(498
)
(390
)
Total
$
11,436

$
7,369

$
22,051

$
14,146

Income tax provision (benefit)
 
 
 
 
Natural Gas Distribution
$
30,499

$
22,704

$
45,386

$
36,211

Clean Energy Ventures
(24,756
)
(13,916
)
(36,643
)
(25,650
)
Energy Services
16,277

7,805

13,101

12,710

Midstream
1,502

1,530

3,151

3,170

Subtotal
23,522

18,123

24,995

26,441

Home Services and Other
1,066

(1,474
)
821

(2,604
)
Eliminations
(656
)
1,166

134

700

Total
$
23,932

$
17,815

$
25,950

$
24,537

Equity in earnings of affiliates
 
 
 
 
Midstream
$
6,119

$
3,508

$
9,450

$
7,053

Eliminations
(1,040
)
(1,106
)
(2,060
)
(2,245
)
Total
$
5,079

$
2,402

$
7,390

$
4,808

Net financial earnings
 
 
 
 
Natural Gas Distribution
$
60,233

$
48,967

$
90,581

$
79,893

Clean Energy Ventures
22,743

11,807

25,585

19,459

Energy Services
15,746

17,005

19,233

27,309

Midstream
4,948

2,228

7,335

4,572

Subtotal
103,670

80,007

142,734

131,233

Home Services and Other
708

(2,022
)
2,250

(1,763
)
Eliminations
(272
)
(80
)
(495
)
(298
)
Total
$
104,106

$
77,905

$
144,489

$
129,172

Capital expenditures
 
 
 
 
Natural Gas Distribution
$
34,744

$
47,366

$
73,599

$
96,406

Clean Energy Ventures
43,120

25,876

89,905

70,882

Subtotal
77,864

73,242

163,504

167,288

Home Services and Other
345

272

516

1,069

Total
$
78,209

$
73,514

$
164,020

$
168,357

Investments in equity investees
 
 
 
 
Midstream
$
5,902

$
3,102

$
10,538

$
5,948

Total
$
5,902

$
3,102

$
10,538

$
5,948
Reconciliation of Consolidated NFE to Consolidated Net Income
A reconciliation of consolidated NFE to consolidated net income is as follows:
 
Three Months Ended
Six Months Ended
 
March 31,
March 31,
(Thousands)
2017
2016
2017
2016
Net financial earnings
$
104,106

$
77,905

$
144,489

$
129,172

Less:
 
 
 
 
Unrealized (gain) loss on derivative instruments and related transactions
(54,855
)
3,170

(26,553
)
2,035

Tax effect
19,679

(1,152
)
9,922

(739
)
Effects of economic hedging related to natural gas inventory
34,328

(1,054
)
16,389

2,759

Tax effect
(12,334
)
384

(6,130
)
(1,001
)
Net income to NFE tax adjustment
2,586

3,204

1,230

2,483

Net income
$
114,702

$
73,353

$
149,631

$
123,635
Reconciliation of Assets from Segment to Consolidated
The Company's assets for the various business segments and business operations are detailed below:
(Thousands)
March 31,
2017
September 30,
2016
Assets at end of period:
 
 
Natural Gas Distribution
$
2,572,576

$
2,517,401

Clean Energy Ventures
709,289

665,696

Energy Services
328,372

327,626

Midstream
212,439

186,259

Subtotal
3,822,676

3,696,982

Home Services and Other
126,255

109,487

Intercompany assets (1)
(91,572
)
(87,899
)
Total
$
3,857,359

$
3,718,570

(1)
Consists of transactions between subsidiaries that are eliminated and reclassified in consolidation.