XML 15 R4.htm IDEA: XBRL DOCUMENT v3.6.0.2
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Operating revenues    
Operating revenues $ 780,168 $ 674,753
Purchased gas cost    
Purchased gas cost 311,305 240,326
Gross profit 468,863 434,427
Operating expenses    
Operation and maintenance 124,938 119,828
Depreciation and amortization 76,958 70,656
Taxes, other than income 57,049 51,214
Total operating expenses 258,945 241,698
Operating income 209,918 192,729
Miscellaneous income (expense) (994) (879)
Interest charges 31,030 29,537
Income (loss) before income taxes 177,894 162,313
Income tax expense (benefit) 63,856 60,767
Income from continuing operations 114,038 101,546
Income from discontinued operations, net of tax 10,994 1,315
Net income (loss) $ 125,032 $ 102,861
Income (Loss) from Continuing Operations, Per Basic and Diluted Share $ 1.08 $ 0.99
Income (Loss) from Discontinued Operation, Net of Tax, Per Basic and Diluted Share 0.11 0.01
Basic and diluted net income per share 1.19 1.00
Cash dividends per share $ 0.45 $ 0.42
Weighted average shares outstanding:    
Weighted Average Number of Shares Outstanding, Basic and Diluted 105,284 102,713
Distribution Segment [Member]    
Operating revenues    
Operating revenues $ 754,656 $ 649,443
Purchased gas cost    
Purchased gas cost 395,346 313,991
Gross profit 359,310 335,452
Operating expenses    
Operation and maintenance 92,714 92,189
Depreciation and amortization 61,157 57,614
Taxes, other than income 50,546 45,558
Total operating expenses 204,417 195,361
Operating income 154,893 140,091
Miscellaneous income (expense) (633) (477)
Interest charges 21,118 20,390
Income (loss) before income taxes 133,142 119,224
Income tax expense (benefit) 47,778 45,288
Income from continuing operations 85,364 73,936
Income from discontinued operations, net of tax 0 0
Net income (loss) 85,364 73,936
Pipeline and Storage Segment [Member]    
Operating revenues    
Operating revenues 109,952 98,416
Purchased gas cost    
Purchased gas cost 355 (559)
Gross profit 109,597 98,975
Operating expenses    
Operation and maintenance 32,268 27,639
Depreciation and amortization 15,801 13,042
Taxes, other than income 6,503 5,656
Total operating expenses 54,572 46,337
Operating income 55,025 52,638
Miscellaneous income (expense) (361) (402)
Interest charges 9,912 9,147
Income (loss) before income taxes 44,752 43,089
Income tax expense (benefit) 16,078 15,479
Income from continuing operations 28,674 27,610
Income from discontinued operations, net of tax 0 0
Net income (loss) 28,674 27,610
Natural Gas Marketing Segment [Member]    
Operating revenues    
Operating revenues 0 0
Purchased gas cost    
Purchased gas cost 0 0
Gross profit 0 0
Operating expenses    
Operation and maintenance 0 0
Depreciation and amortization 0 0
Taxes, other than income 0 0
Total operating expenses 0 0
Operating income 0 0
Miscellaneous income (expense) 0 0
Interest charges 0 0
Income (loss) before income taxes 0 0
Income tax expense (benefit) 0 0
Income from continuing operations 0 0
Income from discontinued operations, net of tax 10,994 1,315
Net income (loss) 10,994 1,315
Intersegment Elimination [Member]    
Operating revenues    
Operating revenues (84,440) (73,106)
Purchased gas cost    
Purchased gas cost (84,396) (73,106)
Gross profit (44) 0
Operating expenses    
Operation and maintenance (44) 0
Depreciation and amortization 0 0
Taxes, other than income 0 0
Total operating expenses (44) 0
Operating income 0 0
Miscellaneous income (expense) 0 0
Interest charges 0 0
Income (loss) before income taxes 0 0
Income tax expense (benefit) 0 0
Income from continuing operations 0 0
Income from discontinued operations, net of tax 0 0
Net income (loss) $ 0 $ 0