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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Operating revenues    
Total operating revenues $ 877,782 $ 889,192
Operation and maintenance expense 138,600 129,045
Depreciation and amortization expense 96,065 88,374
Taxes, other than income 64,488 62,773
Operating income 236,464 242,083
Other non-operating expense (7,723) (2,557)
Interest charges 27,849 31,509
Income before income taxes 200,892 208,017
Income tax expense (benefit) 43,246 (106,115)
Net income $ 157,646 $ 314,132
Basic net income per share $ 1.38 $ 2.89
Diluted net income per share 1.38 2.89
Cash dividends per share $ 0.525 $ 0.485
Basic weighted average shares outstanding 113,800 108,564
Diluted weighted average shares outstanding 113,832 108,564
Other comprehensive income (loss), net of tax    
Net unrealized holding gains (losses) on available-for-sale securities, net of tax of $92, $490, $(246) and $893 $ 0 $ (107)
Cash flow hedges:    
Amortization and unrealized gain (loss) on interest rate agreements, net of tax of $2,460, $(10,667), $8,486 and $44,194 (22,258) (955)
Total other comprehensive income (loss) (22,258) (1,062)
Total comprehensive income 135,388 313,070
Operating Segments | Distribution segment    
Operating revenues    
Total operating revenues 838,835 860,792
Operation and maintenance expense 105,767 103,215
Depreciation and amortization expense 69,709 65,434
Taxes, other than income 56,190 55,107
Operating income 169,437 173,278
Other non-operating expense (6,477) (1,922)
Interest charges 18,210 21,368
Income before income taxes 144,750 149,988
Income tax expense (benefit) 30,365 (99,111)
Net income 114,385 249,099
Operating Segments | Pipeline and storage segment    
Operating revenues    
Total operating revenues 134,470 126,463
Operation and maintenance expense 33,147 26,140
Depreciation and amortization expense 26,356 22,940
Taxes, other than income 8,298 7,666
Operating income 67,027 68,805
Other non-operating expense (1,246) (635)
Interest charges 9,639 10,141
Income before income taxes 56,142 58,029
Income tax expense (benefit) 12,881 (7,004)
Net income 43,261 65,033
Intersegment eliminations    
Operating revenues    
Total operating revenues (95,523) (98,063)
Operation and maintenance expense (314) (310)
Depreciation and amortization expense 0 0
Taxes, other than income 0 0
Operating income 0 0
Other non-operating expense 0 0
Interest charges 0 0
Income before income taxes 0 0
Income tax expense (benefit) 0 0
Net income 0 0
Natural Gas, US Regulated    
Operating revenues    
Cost of Revenue 342,165 366,917
Natural Gas, US Regulated | Operating Segments | Distribution segment    
Operating revenues    
Cost of Revenue 437,732 463,758
Natural Gas, US Regulated | Operating Segments | Pipeline and storage segment    
Operating revenues    
Cost of Revenue (358) 912
Natural Gas, US Regulated | Intersegment eliminations    
Operating revenues    
Cost of Revenue $ (95,209) $ (97,753)