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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
OPERATING REVENUES        
Utility $ 128,532 $ 120,782 $ 645,375 $ 622,167
Nonutility 170,442 314,160 908,249 1,490,797
Total operating revenues 298,974 434,942 1,553,624 2,112,964
Gas purchases:        
Gas purchases - Related parties 1,518 2,126 4,548 6,455
Operation and maintenance 68,541 64,932 198,718 194,298
Regulatory rider expenses 5,464 4,136 32,536 32,159
Depreciation and amortization 31,216 23,149 89,758 67,292
Total operating expenses 319,165 438,961 1,377,103 1,951,239
OPERATING (LOSS) INCOME (20,191) (4,019) 176,521 161,725
Other income, net 2,713 1,829 10,260 5,456
Interest expense, net of capitalized interest 15,144 11,648 50,417 37,643
(LOSS) INCOME BEFORE INCOME TAXES AND EQUITY IN EARNINGS OF AFFILIATES (32,622) (13,838) 136,364 129,538
Income tax benefit (2,190) (1,941) (4,092) (11,854)
Equity in earnings of affiliates 3,213 3,495 10,191 10,027
NET (LOSS) INCOME $ (27,219) $ (8,402) $ 150,647 $ 151,419
EARNINGS PER COMMON SHARE        
Basic (usd per share) $ (0.28) $ (0.09) $ 1.60 $ 1.70
Diluted (usd per share) $ (0.28) $ (0.09) $ 1.59 $ 1.69
WEIGHTED AVERAGE SHARES OUTSTANDING        
Basic (in shares) 95,764 89,600 94,420 88,995
Diluted (in shares) 95,764 89,600 94,718 89,402
Regulated        
Gas purchases:        
Gas purchases - Utility and Nonutility $ 45,665 $ 54,861 $ 249,042 $ 280,627
Unregulated        
Gas purchases:        
Gas purchases - Utility and Nonutility $ 166,761 $ 289,757 $ 802,501 $ 1,370,408