Divestitures and Acquisitions (Tables)

9 Months Ended

Jun. 30, 2017

Divestitures and Acquisitions [Abstract]

Disposal Groups, Including Discontinued Operations [Table Text Block]

The following tables present statement of income data related to discontinued operations:

	Three Months Ended   June 30
	2017		2016
	(In thousands)
Operating revenues	$	—	$	200,213
Purchased gas cost	—		184,398
Operating expenses	—		7,047
Operating income	—		8,768
Other nonoperating expense	—		(304		)
Income from discontinued operations before income taxes	—		8,464
Income tax expense	—		3,414
Net income from discontinued operations	$	—	$	5,050

	Nine Months Ended   June 30
	2017			2016
	(In thousands)
Operating revenues	$	303,474		$	728,989
Purchased gas cost	277,554			698,445
Operating expenses	7,874			19,940
Operating income	18,046			10,604
Other nonoperating expense	(211		)	(1,937		)
Income from discontinued operations before income taxes	17,835			8,667
Income tax expense	6,841			3,495
Income from discontinued operations	10,994			5,172
Gain on sale from discontinued operations, net of tax ($10,215 and $0)	2,716			—
Net income from discontinued operations	$	13,710		$	5,172

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:

	June 30, 2017		September 30, 2016
	(In thousands)
Assets:
Net property, plant and equipment	$	—	$	11,905
Accounts receivable	—		93,551
Gas stored underground	—		54,246
Other current assets	—		14,711
Goodwill	—		16,445
Deferred charges and other assets	—		435
Total assets of the disposal group classified as held for sale in the statement of financial position (1)	—		191,293
Cash	—		25,417
Other assets	—		5
Total assets of disposal group in the statement of financial position	$	—	$	216,715
Liabilities:
Accounts payable and accrued liabilities	$	—	$	72,268
Other current liabilities	—		9,640
Deferred credits and other	—		316
Total liabilities of the disposal group classified as held for sale in the statement of financial position (1)	—		82,224
Intercompany note payable	—		35,000
Tax liabilities	—		15,471
Intercompany payables	—		14,139
Other liabilities	—		3,284
Total liabilities of disposal group in the statement of financial position	$	—	$	150,118

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

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

	Nine Months Ended   June 30
	2017		2016
	(In thousands)
Depreciation and amortization expense	$	185	$	1,743
Capital expenditures	$	—	$	179
Noncash gain (loss) in commodity contract cash flow hedges	$	18,744	$	(33,898	)