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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2018
OPERATING REVENUES      
Utility $ 729,923 $ 710,793 $ 731,865
Nonutility 1,223,745 1,881,252 2,183,244
Total operating revenues 1,953,668 2,592,045 2,915,109
Natural gas purchases:      
Related parties 6,083 7,948 8,505
Operation and maintenance 278,143 268,141 315,215
Regulatory rider expenses 34,529 33,937 38,969
Depreciation and amortization 119,894 91,730 85,701
Total operating expenses 1,737,285 2,438,110 2,715,227
OPERATING INCOME 216,383 153,935 199,882
Other income, net 23,878 11,273 13,047
Interest expense, net of capitalized interest 67,597 47,082 46,286
INCOME BEFORE INCOME TAXES AND EQUITY IN EARNINGS OF AFFILIATES 172,664 118,126 166,643
Income tax benefit (6,944) (37,751) (53,785)
Equity in earnings of affiliates 14,311 13,628 13,008
NET INCOME $ 193,919 $ 169,505 $ 233,436
EARNINGS PER COMMON SHARE      
Basic (in dollars per share) $ 2.05 $ 1.90 $ 2.66
Diluted (in dollars per share) $ 2.04 $ 1.89 $ 2.64
WEIGHTED AVERAGE SHARES OUTSTANDING      
Basic (in shares) 94,798 89,242 87,689
Diluted (in shares) 95,107 89,616 88,315
Utility      
Natural gas purchases:      
Gas purchases $ 275,831 $ 320,256 $ 276,005
Nonutility      
Natural gas purchases:      
Gas purchases $ 1,022,805 $ 1,716,098 $ 1,990,832