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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2024
Mar. 31, 2023
OPERATING REVENUES        
Utility $ 462,863 $ 400,500 $ 755,956 $ 757,909
Nonutility 195,050 243,527 369,167 609,685
Total operating revenues 657,913 644,027 1,125,123 1,367,594
Natural gas purchases:        
Related parties 1,799 1,770 3,678 3,597
Operation and maintenance 107,223 99,095 201,662 178,596
Regulatory rider expenses 29,229 23,154 48,418 41,405
Depreciation and amortization 40,075 38,090 80,362 74,773
Total operating expenses 487,691 478,843 819,082 1,029,621
OPERATING INCOME 170,222 165,184 306,041 337,973
Other income, net 15,420 4,779 21,761 9,434
Interest expense, net of capitalized interest 31,621 30,261 63,094 59,752
INCOME BEFORE INCOME TAXES AND EQUITY IN EARNINGS OF AFFILIATES 154,021 139,702 264,708 287,655
Income tax provision 33,947 30,586 56,883 63,564
Equity in earnings of affiliates 738 1,131 2,398 2,077
NET INCOME $ 120,812 $ 110,247 $ 210,223 $ 226,168
EARNINGS PER COMMON SHARE        
Basic (usd per share) $ 1.23 $ 1.14 $ 2.14 $ 2.34
Diluted (usd per share) $ 1.22 $ 1.13 $ 2.13 $ 2.32
WEIGHTED AVERAGE SHARES OUTSTANDING        
Basic (in shares) 98,377 96,893 98,123 96,689
Diluted (in shares) 99,102 97,556 98,839 97,346
Utility        
Natural gas purchases:        
Gas purchases - Utility and Nonutility $ 204,347 $ 156,370 $ 320,467 $ 338,816
Nonutility        
Natural gas purchases:        
Gas purchases - Utility and Nonutility $ 105,018 $ 160,364 $ 164,495 $ 392,434