Shareholders' Equity (Table)

3 Months Ended

Dec. 31, 2020

Reconciliation of Changes in Stockholders Equity

The following tables present a reconciliation of changes in stockholders' equity for the three months ended December 31, 2020 and 2019.


	Common stock			Additional Paid-in Capital		Accumulated Other Comprehensive Income (Loss)		Retained Earnings		Total
	Number of Shares	Stated Value
	(In thousands, except share and per share data)
Balance, September 30, 2020	125,882,477	$	629	$	4,377,149	$	(57,589)	$	2,471,014	$	6,791,203
Net income	—	—		—		—		217,678		217,678
Other comprehensive income	—	—		—		60,121		—		60,121


Cash dividends ($0.625 per share)	—	—		—		—		(79,023)		(79,023)

Common stock issued:
Public and other stock offerings	2,126,118	11		219,998		—		—		220,009
Stock-based compensation plans	144,366	1		3,167		—		—		3,168
Balance, December 31, 2020	128,152,961	$	641	$	4,600,314	$	2,532	$	2,609,669	$	7,213,156


	Common stock			Additional Paid-in Capital		Accumulated Other Comprehensive Income (Loss)		Retained Earnings		Total
	Number of Shares	Stated Value
	(In thousands, except share and per share data)
Balance, September 30, 2019	119,338,925	$	597	$	3,712,194	$	(114,583)	$	2,152,015	$	5,750,223
Net income	—	—		—		—		178,673		178,673
Other comprehensive income	—	—		—		1,052		—		1,052


Cash dividends ($0.575 per share)	—	—		—		—		(69,557)		(69,557)

Common stock issued:
Public and other stock offerings	2,758,929	13		263,259		—		—		263,272
Stock-based compensation plans	164,549	1		4,111		—		—		4,112
Balance, December 31, 2019	122,262,403	$	611	$	3,979,564	$	(113,531)	$	2,261,131	$	6,127,775

Summary of Forward Sales Agreements

Additionally, we had $246.8 million in available proceeds from outstanding forward sale agreements, as detailed below.


Maturity	Shares Available	Net Proceeds Available (In thousands)		Forward Price

June 30, 2021	1,060,660	$	107,255	$	101.12
September 30, 2021	1,391,517	139,579		$	100.31
Total	2,452,177	$	246,834	$	100.66

Schedule of Accumulated Other Comprehensive Income (Loss)

The following tables provide the components of our accumulated other comprehensive income (loss) balances, net of the related tax effects allocated to each component of other comprehensive income (loss).


	Available- for-Sale Securities		Interest Rate Agreement Cash Flow Hedges		Total
	(In thousands)
September 30, 2020	$	238	$	(57,827)	$	(57,589)
Other comprehensive income (loss) before reclassifications	(63)		59,042		58,979
Amounts reclassified from accumulated other comprehensive income	—		1,142		1,142
Net current-period other comprehensive income (loss)	(63)		60,184		60,121

December 31, 2020	$	175	$	2,357	$	2,532


	Available- for-Sale Securities		Interest Rate Agreement Cash Flow Hedges		Total
	(In thousands)
September 30, 2019	$	132	$	(114,715)	$	(114,583)
Other comprehensive loss before reclassifications	(1)		—		(1)
Amounts reclassified from accumulated other comprehensive income	—		1,053		1,053
Net current-period other comprehensive income (loss)	(1)		1,053		1,052

December 31, 2019	$	131	$	(113,662)	$	(113,531)