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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2016
OPERATING REVENUES      
Utility $ 731,865 $ 695,637 $ 594,346
Nonutility 2,183,244 1,572,980 1,286,559
Total operating revenues 2,915,109 2,268,617 1,880,905
Gas purchases:      
Utility 276,005 258,687 205,034
Nonutility 1,990,832 1,436,740 1,139,301
Related parties 8,505 8,340 8,351
Operation and maintenance 266,919 226,356 208,421
Regulatory rider expenses 38,969 40,243 39,300
Depreciation and amortization 85,701 81,841 72,748
Energy and other taxes 52,102 49,366 40,215
Total operating expenses 2,719,033 2,101,573 1,713,370
OPERATING INCOME 196,076 167,044 167,535
Other income, net 16,853 14,437 9,196
Interest expense, net of capitalized interest 46,286 44,886 31,044
INCOME BEFORE INCOME TAXES AND EQUITY IN EARNINGS OF AFFILIATES 166,643 136,595 145,687
Income tax (benefit) provision (53,785) 18,343 23,530
Equity in earnings of affiliates 13,008 13,813 9,515
NET INCOME $ 233,436 $ 132,065 $ 131,672
EARNINGS PER COMMON SHARE      
Basic (in dollars per share) $ 2.66 $ 1.53 $ 1.53
Diluted (in dollars per share) [1] $ 2.64 $ 1.52 $ 1.52
WEIGHTED AVERAGE SHARES OUTSTANDING      
Basic (in shares) 87,689 86,321 85,884
Diluted (in shares) 88,315 87,144 86,731
[1] There were no anti-dilutive shares excluded from the calculation of diluted earnings per share for fiscal 2018, 2017 and 2016.