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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Dec. 31, 2023
Dec. 31, 2022
CASH FLOWS FROM (USED IN) OPERATING ACTIVITIES    
Net income $ 89,411 $ 115,921
Adjustments to reconcile net income to cash flows from operating activities    
Unrealized (gain) on derivative instruments (5,400) (31,503)
Depreciation and amortization 40,287 36,683
Amortization of acquired wholesale energy contracts 111 530
Allowance for equity used during construction (1,482) (1,054)
Allowance for doubtful accounts (1,575) (2,459)
Non cash lease expense 1,152 727
Deferred income taxes 18,758 11,861
Equivalent value of ITCs recognized on equipment financing (2,888) (899)
Manufactured gas plant remediation costs (4,575) (2,627)
Cost of removal - asset retirement obligations (382) (322)
Contributions to postemployment benefit plans (1,996) (249)
Taxes related to stock-based compensation 1,185 554
Changes in:    
Components of working capital (97,615) (335,025)
Other noncurrent assets and liabilities 11,424 118,915
Cash flows from (used in) operating activities 46,415 (88,947)
Expenditures for:    
Cost of removal (8,977) (7,329)
Distribution from equity investees in excess of equity in earnings 830 361
Cash flows used in investing activities (113,792) (145,562)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from long-term debt 50,000 175,000
Payments of long-term debt (6,188) (4,782)
Proceeds from short-term debt, net 16,550 40,500
Proceeds from sale leaseback transactions - solar 24,394 33,150
Proceeds from sale leaseback transactions - natural gas meters 8,814 8,441
Payments of common stock dividends (40,981) (34,508)
Proceeds from waiver discount issuance of common stock 17,919 17,919
Proceeds from issuance of common stock - DRP 3,781 3,847
Tax withholding payments related to net settled stock compensation (5,000) (3,642)
Cash flows from financing activities 69,289 235,925
Change in cash, cash equivalents and restricted cash 1,912 1,416
Cash, cash equivalents and restricted cash at beginning of period 1,517 1,452
Cash, cash equivalents and restricted cash at end of period 3,429 2,868
CHANGES IN COMPONENTS OF WORKING CAPITAL    
Receivables (146,377) (247,080)
Inventories 1,948 17,974
Recovery of natural gas costs 479 27,904
Natural gas purchases payable 24,901 (76,930)
Natural gas purchases payable - related parties (2) 11
Deferred revenue, current 57,115 0
Accounts payable and other (47,797) (35,361)
Prepaid expenses (5,794) (10,456)
Prepaid and accrued taxes 20,895 39,301
Restricted broker margin accounts (837) (56,460)
Customers' credit balances and deposits 551 7,724
Other current assets (liabilities) (2,697) (1,652)
Total (97,615) (335,025)
Cash paid for:    
Interest (net of amounts capitalized) 29,779 22,986
Income taxes 629 30
Accrued capital expenditures 13,333 24,119
Utility plant    
Expenditures for:    
Payments to acquire PP&E (71,166) (74,742)
Solar equipment    
Expenditures for:    
Payments to acquire PP&E (25,766) (43,993)
Storage and Transportation and other    
Expenditures for:    
Payments to acquire PP&E $ (8,713) $ (19,859)