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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Mar. 31, 2020
Mar. 31, 2019
CASH FLOWS USED IN OPERATING ACTIVITIES    
Net income $ 177,866 $ 159,821
Adjustments to reconcile net income to cash flows from operating activities    
Unrealized gain on derivative instruments (45,539) (707)
Realized and unrealized gains on investments in equity securities 0 (1,567)
Gain on sale of businesses 0 (645)
Depreciation and amortization 58,542 44,143
Amortization of acquired wholesale energy contracts 3,953 7,346
Allowance for equity used during construction (8,053) (3,602)
Allowance for doubtful accounts 951 1,149
Non cash lease expense 1,856  
Deferred income taxes 318 16,337
Manufactured gas plant remediation costs (5,291) (4,353)
Equity in earnings, net of distributions received from equity investees (2,760) (1,836)
Cost of removal - asset retirement obligations (122) (130)
Contributions to postemployment benefit plans (5,742) (1,909)
Tax benefit from stock-based compensation 803 1,284
Changes in:    
Components of working capital 3,526 (71,746)
Other noncurrent assets (1,258) 13,483
Other noncurrent liabilities 95 14,719
Cash flows from operating activities 179,145 171,787
Expenditures for:    
Cost of removal (17,487) (17,134)
Acquisition of assets, net of cash acquired of $5.1 million (523,647) 0
Distribution from equity investees in excess of equity in earnings 1,132 1,154
Investments in equity investees (1,266) (1,457)
Proceeds from sale of businesses, net of closing costs 0 205,745
Proceeds from sale of investments in equity securities, net 0 34,484
Cash flows (used in) from investing activities (751,130) 42,524
CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES    
Proceeds from term loan 350,000 0
Payments of term loan (212,900) 0
Payments of long-term debt (9,764) (12,005)
Proceeds from (payments of) short-term debt, net 304,023 (106,050)
Proceeds from sale-leaseback transaction 4,000  
Proceeds from sale-leaseback transaction   9,895
Payments of common stock dividends (56,821) (51,750)
Proceeds from issuance of common stock - public equity offering 212,900 0
Proceeds from waiver discount issuance of common stock 0 24,539
Proceeds from issuance of common stock - DRP 8,767 9,522
Tax withholding payments related to net settled stock compensation (3,893) (6,607)
Cash flows from (used in) financing activities 596,312 (132,456)
Change in cash, cash equivalents and restricted cash 24,327 81,855
Cash, cash equivalents and restricted cash at beginning of period 4,063 1,710
Cash, cash equivalents and restricted cash at end of period 28,390 83,565
CHANGES IN COMPONENTS OF WORKING CAPITAL    
Receivables (87,532) (105,900)
Inventories 90,484 125,810
Recovery of gas costs (21,891) (14,989)
Gas purchases payable (10,922) (21,544)
Prepaid expenses (602) (4,162)
Prepaid and accrued taxes 22,258 (4,555)
Accounts payable and other (27,345) (35,953)
Restricted broker margin accounts 39,193 (2,217)
Customers' credit balances and deposits (7,788) (9,163)
Other current assets 7,671 927
Components of working capital 3,526 (71,746)
Cash paid for:    
Interest (net of amounts capitalized) 32,872 27,454
Income taxes 1,193 1,003
Accrued capital expenditures 17,930 29,685
Utility Plant    
Expenditures for:    
Payments to acquire PP&E (132,352) (121,962)
Solar Equipment    
Expenditures for:    
Payments to acquire PP&E (69,786) (52,520)
Midstream and Other Property    
Expenditures for:    
Payments to acquire PP&E $ (7,724) $ (5,786)