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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2019
Operating revenues      
Total operating revenues $ 3,407,490 $ 2,821,137 $ 2,901,848
Total purchased gas cost 1,032,717 658,854 858,837
Operation and maintenance expense 679,019 629,601 630,308
Depreciation and amortization expense 477,977 429,828 391,456
Taxes, other than income 312,779 278,755 275,189
Operating income 904,998 824,099 746,058
Other non-operating income (expense) (2,145) 7,171 7,404
Interest charges 83,554 84,474 103,153
Income before income taxes 819,299 746,796 650,309
Income tax expense 153,736 145,353 138,903
Net Income $ 665,563 $ 601,443 $ 511,406
Basic earnings per share (dollars per share) $ 5.12 $ 4.89 $ 4.36
Diluted earnings per share (dollars per share) $ 5.12 $ 4.89 $ 4.35
Weighted average shares outstanding - basic (in shares) 129,779 122,788 117,200
Weighted average shares outstanding - diluted (in shares) 129,834 122,872 117,461
Other comprehensive income (loss), net of tax      
Net unrealized holding gains (losses) on available-for-sale securities, net of tax of $(55), $32 and $64 $ (191) $ 106 $ 218
Amortization and unrealized gains (losses) on interest rate agreements, net of tax of $36,875, $17,198 and $(6,782) 127,583 56,888 (22,944)
Total other comprehensive income (loss) 127,392 56,994 (22,726)
Total comprehensive income 792,955 658,437 488,680
Total gas sales revenues      
Operating revenues      
Total purchased gas cost 1,032,717 658,854 858,837
Distribution      
Operating revenues      
Total operating revenues 3,238,753 2,624,251 2,742,824
Distribution | Total gas sales revenues      
Operating revenues      
Total operating revenues 3,119,194 2,503,681 2,605,491
Pipeline and Storage      
Operating revenues      
Total operating revenues 168,737 196,886 159,024
Operating Segments | Distribution      
Operating revenues      
Total operating revenues 3,241,973 2,626,993 2,745,461
Total purchased gas cost 1,501,695 1,071,227 1,268,591
Operation and maintenance expense 501,209 472,760 480,222
Depreciation and amortization expense 345,481 309,582 283,697
Taxes, other than income 275,074 245,181 242,179
Operating income 618,514 528,243 470,772
Other non-operating income (expense) (20,694) (1,265) 6,241
Interest charges 36,629 39,634 60,031
Income before income taxes 561,191 487,344 416,982
Income tax expense 115,329 91,680 88,168
Net Income 445,862 395,664 328,814
Operating Segments | Distribution | Total gas sales revenues      
Operating revenues      
Total purchased gas cost 1,501,695 1,071,227 1,268,591
Operating Segments | Pipeline and Storage      
Operating revenues      
Total operating revenues 637,347 609,339 567,024
Total purchased gas cost 1,582 1,548 (360)
Operation and maintenance expense 179,080 158,115 151,329
Depreciation and amortization expense 132,496 120,246 107,759
Taxes, other than income 37,705 33,574 33,010
Operating income 286,484 295,856 275,286
Other non-operating income (expense) 18,549 8,436 1,163
Interest charges 46,925 44,840 43,122
Income before income taxes 258,108 259,452 233,327
Income tax expense 38,407 53,673 50,735
Net Income 219,701 205,779 182,592
Operating Segments | Pipeline and Storage | Total gas sales revenues      
Operating revenues      
Total purchased gas cost 1,582 1,548 (360)
Eliminations      
Operating revenues      
Total operating revenues (471,830) (415,195) (410,637)
Total purchased gas cost (470,560) (413,921) (409,394)
Operation and maintenance expense (1,270) (1,274) (1,243)
Depreciation and amortization expense 0 0 0
Taxes, other than income 0 0 0
Operating income 0 0 0
Other non-operating income (expense) 0 0 0
Interest charges 0 0 0
Income before income taxes 0 0 0
Income tax expense 0 0 0
Net Income 0 0 0
Eliminations | Total gas sales revenues      
Operating revenues      
Total purchased gas cost (470,560) (413,921) (409,394)
Eliminations | Distribution      
Operating revenues      
Total operating revenues 3,220 2,742 2,637
Eliminations | Pipeline and Storage      
Operating revenues      
Total operating revenues $ 468,610 $ 412,453 $ 408,000