Divestitures and Acquisitions (Tables)

3 Months Ended

Dec. 31, 2016

Divestitures and Acquisitions [Abstract]

Disposal Groups, Including Discontinued Operations [Table Text Block]

The following table presents statement of income data related to discontinued operations.

	Three Months Ended   December 31
	2016			2015
	(In thousands)
Operating revenues	$	303,474		$	259,258
Purchased gas cost	277,554			249,789
Gross profit	25,920			9,469
Operating expenses	7,874			5,993
Operating income	18,046			3,476
Other nonoperating expense	(211		)	(1,276		)
Income from discontinued operations before income taxes	17,835			2,200
Income tax expense	6,841			885
Net income from discontinued operations	$	10,994		$	1,315

The following table presents a reconciliation of the carrying amounts of major classes of assets and liabilities of our natural gas marketing's operations to total assets and liabilities classified as held for sale.

	December 31, 2016			September 30, 2016
	(In thousands)
Assets:
Net property, plant and equipment	$	11,599		$	11,905
Accounts receivable	139,741			93,551
Gas stored underground	77,559			54,246
Other current assets	9,447			14,711
Goodwill(2)	13,734			16,445
Deferred charges and other assets	1,870			435
Total assets of the disposal group classified as held for sale in the statement of financial position (1)	253,950			191,293
Cash	891			25,417
Other assets	(6,824		)	5
Total assets of disposal group in the statement of financial position	$	248,017		$	216,715
Liabilities:
Accounts payable and accrued liabilities	$	113,368		$	72,268
Other current liabilities	6,876			9,640
Deferred credits and other	322			316
Total liabilities of the disposal group classified as held for sale in the statement of financial position (1)	120,566			82,224
Intercompany note payable	—			35,000
Tax liabilities	19,469			15,471
Intercompany payables	4,108			14,139
Other liabilities	1,036			3,179
Total liabilities of disposal group in the statement of financial position	$	145,179		$	150,013

⁽¹⁾  Amounts in the comparative period are classified as current and long term in the statement of financial position.

⁽²⁾  The period-over-period change in natural gas marketing goodwill is the result of the reallocation of goodwill between the retained portion and held-for-sale portion of the former Atmos Energy Marketing reporting unit, based on relative fair value.

The following table presents statement of cash flow data related to discontinued operations.

	Three Months Ended   December 31
	2016		2015
	(In thousands)
Depreciation and amortization	$	185	$	583
Capital expenditures	$	—	$	24
Noncash gain in commodity contract cash flow hedges	$	18,744	$	3,858