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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Operating revenues $ 875,563 $ 877,782
Purchased gas cost 296,868 342,165
Operation and maintenance expense 152,245 138,600
Depreciation and amortization expense 105,062 96,065
Taxes, other than income 68,607 64,488
Operating income 252,781 236,464
Other non-operating income (expense) 4,887 (7,723)
Interest charges 27,229 27,849
Income before income taxes 230,439 200,892
Income tax expense 51,766 43,246
Net income $ 178,673 $ 157,646
Net income per share - Basic (USD per share) $ 1.47 $ 1.38
Net income per share - Diluted (USD per share) 1.47 1.38
Cash dividends per share (USD per share) $ 0.575 $ 0.525
Basic weighted average shares outstanding (in shares) 121,113 113,800
Diluted weighted average shares outstanding (in shares) 121,359 113,832
Other comprehensive income (loss), net of tax    
Net unrealized holding losses on available-for-sale securities, net of tax of $0 and $0 $ (1) $ 0
Cash flow hedges:    
Amortization and unrealized loss on interest rate agreements, net of tax of $311 and $(6,580) 1,053 (22,258)
Total other comprehensive income (loss) 1,052 (22,258)
Total comprehensive income 179,725 135,388
Distribution segment    
Operating revenues 827,840 838,181
Pipeline and storage segment    
Operating revenues 47,723 39,601
Intersegment eliminations    
Operating revenues (101,117) (95,523)
Purchased gas cost (100,789) (95,209)
Operation and maintenance expense (328) (314)
Depreciation and amortization expense 0 0
Taxes, other than income 0 0
Operating income 0 0
Other non-operating income (expense) 0 0
Interest charges 0 0
Income before income taxes 0 0
Income tax expense 0 0
Net income 0 0
Intersegment eliminations | Distribution segment    
Operating revenues (664) 654
Intersegment eliminations | Pipeline and storage segment    
Operating revenues (100,453) 94,869
Operating Segments | Distribution segment    
Operating revenues 828,504 838,835
Purchased gas cost 397,558 437,732
Operation and maintenance expense 114,352 105,767
Depreciation and amortization expense 76,074 69,709
Taxes, other than income 60,243 56,190
Operating income 180,277 169,437
Other non-operating income (expense) 1,954 (6,477)
Interest charges 16,362 18,210
Income before income taxes 165,869 144,750
Income tax expense 36,112 30,365
Net income 129,757 114,385
Operating Segments | Pipeline and storage segment    
Operating revenues 148,176 134,470
Purchased gas cost 99 (358)
Operation and maintenance expense 38,221 33,147
Depreciation and amortization expense 28,988 26,356
Taxes, other than income 8,364 8,298
Operating income 72,504 67,027
Other non-operating income (expense) 2,933 (1,246)
Interest charges 10,867 9,639
Income before income taxes 64,570 56,142
Income tax expense 15,654 12,881
Net income $ 48,916 $ 43,261