Subsequent Events

12 Months Ended

Sep. 30, 2016

Subsequent Event

On October 29, 2016, AEH entered into a Membership Interest Purchase Agreement (the Agreement) with CenterPoint Energy Services, Inc., a subsidiary of CenterPoint Energy, Inc. to sell all of the equity interests of AEM for $40.0 million plus working capital at the date of closing. No material gain or loss is currently anticipated in connection with the closing of this transaction. We expect this transaction to close during the second quarter of fiscal 2017.

The following table summarizes the approximate value of the assets and liabilities that are part of the disposal group as of September 30, 2016:



	September 30, 2016
	(In thousands)
Assets:
Net property, plant and equipment	$	13,000
Accounts receivable	94,000
Gas stored underground	56,000
Other current assets	13,000
Goodwill	15,000
Deferred charges and other assets	300
Total assets included in disposal group	$	191,300

Liabilities:
Accounts payable and accrued liabilities	$	71,000
Other current liabilities	8,000
Deferred credits and other	200
Total liabilities included in disposal group	$	79,200