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Selected Quarterly Financial Data (Table)
 12 Months Ended
Sep. 30, 2020
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information
Summarized unaudited quarterly financial data is presented below. The sum of net income per share by quarter may not equal the net income per share for the fiscal year due to variations in the weighted average shares outstanding used in computing such amounts. Our businesses are seasonal due to weather conditions in our service areas. For further information on its effects on quarterly results, see the “Results of Operations” discussion included in the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” section herein.
 
Quarter Ended
 
December 31
 
March 31
 
June 30
 
September 30
 
(In thousands, except per share data)
Fiscal year 2020:
 
 
 
 
 
 
 
Operating revenues
 
 
 
 
 
 
 
Distribution
$
828,504

 
$
933,005

 
$
435,308

 
$
430,176

Pipeline and storage
148,176

 
146,237

 
158,008

 
156,918

Intersegment eliminations
(101,117
)
 
(101,577
)
 
(100,321
)
 
(112,180
)
Total operating revenues
875,563

 
977,665

 
492,995

 
474,914

 
 
 
 
 
 
 
 
Purchased gas cost
296,868

 
317,883

 
26,072

 
18,031

Operating income
252,781

 
331,438

 
139,035

 
100,845

Net Income
178,673

 
239,646

 
117,791

 
65,333

 
 
 
 
 
 
 
 
Basic net income per share
$
1.47

 
$
1.95

 
$
0.96

 
$
0.53

Diluted net income per share
$
1.47

 
$
1.95

 
$
0.96

 
$
0.53


 
Quarter Ended
 
December 31
 
March 31
 
June 30
 
September 30
 
(In thousands, except per share data)
Fiscal year 2019:
 
 
 
 
 
 
 
Operating revenues
 
 
 
 
 
 
 
Distribution
$
838,835

 
$
1,057,889

 
$
444,944

 
$
403,793

Pipeline and storage
134,470

 
135,650

 
149,198

 
147,706

Intersegment eliminations
(95,523
)
 
(98,894
)
 
(108,404
)
 
(107,816
)
Total operating revenues
877,782

 
1,094,645

 
485,738

 
443,683

 
 
 
 
 
 
 
 
Purchased gas cost
342,165

 
471,676

 
31,326

 
13,670

Operating income
236,464

 
297,677

 
122,202

 
89,715

Net Income
157,646

 
214,888

 
80,466

 
58,406

 
 
 
 
 
 
 
 
Basic net income per share
$
1.38

 
$
1.83

 
$
0.68

 
$
0.49

Diluted net income per share
$
1.38

 
$
1.82

 
$
0.68

 
$
0.49