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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
OPERATING REVENUES        
Utility $ 157,773 $ 144,971 $ 913,729 $ 902,880
Nonutility 117,863 119,104 487,030 728,789
Total operating revenues 275,636 264,075 1,400,759 1,631,669
Natural gas purchases:        
Related parties 1,729 1,870 5,407 5,467
Operation and maintenance 104,378 94,213 306,040 272,809
Regulatory rider expenses 8,343 6,120 56,761 47,525
Depreciation and amortization 40,907 38,877 121,269 113,650
Total operating expenses 269,700 259,341 1,088,782 1,288,962
OPERATING INCOME 5,936 4,734 311,977 342,707
Other income, net 9,555 5,711 31,316 15,145
Interest expense, net of capitalized interest 31,169 30,119 94,263 89,871
(LOSS) INCOME BEFORE INCOME TAXES AND EQUITY IN EARNINGS OF AFFILIATES (15,678) (19,674) 249,030 267,981
Income tax (benefit) provision (2,764) (20,505) 54,119 43,059
Equity in earnings of affiliates 1,340 701 3,738 2,778
NET (LOSS) INCOME $ (11,574) $ 1,532 $ 198,649 $ 227,700
(LOSS) EARNINGS PER COMMON SHARE        
Basic (usd per share) $ (0.12) $ 0.02 $ 2.02 $ 2.35
Diluted (usd per share) $ (0.12) $ 0.02 $ 2.00 $ 2.33
WEIGHTED AVERAGE SHARES OUTSTANDING        
Basic (in shares) 98,983 97,168 98,409 96,849
Diluted (in shares) 98,983 97,886 99,213 97,538
Utility        
Natural gas purchases:        
Gas purchases - Utility and Nonutility $ 53,372 $ 42,344 $ 373,839 $ 381,160
Nonutility        
Natural gas purchases:        
Gas purchases - Utility and Nonutility $ 60,971 $ 75,917 $ 225,466 $ 468,351