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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Operating revenues $ 1,012,786 $ 914,480
Purchased gas cost 371,163 288,260
Operation and maintenance expense 159,110 138,643
Depreciation and amortization expense 127,856 115,285
Taxes, other than income 78,796 73,452
Operating income 275,861 298,840
Other non-operating income 8,702 6,072
Interest charges 19,851 22,010
Income before income taxes 264,712 282,902
Income tax expense 15,503 65,224
Net income $ 249,209 $ 217,678
Basic net income per share (USD per share) $ 1.86 $ 1.71
Diluted net income per share (USD per share) 1.86 1.71
Cash dividends per share (USD per share) $ 0.680 $ 0.625
Basic weighted average shares outstanding (in shares) 133,682 127,034
Diluted weighted average shares outstanding (in shares) 133,689 127,034
Other comprehensive income (loss), net of tax    
Net unrealized holding losses on available-for-sale securities, net of tax of $20 and $18 $ (69) $ (63)
Cash flow hedges:    
Amortization and unrealized gain (loss) on interest rate agreements, net of tax of $(13,260) and $17,395 (45,878) 60,184
Total other comprehensive income (loss) (45,947) 60,121
Total comprehensive income 203,262 277,799
Distribution segment    
Operating revenues 971,636 875,887
Pipeline and storage segment    
Operating revenues 41,150 38,593
Purchased gas cost    
Purchased gas cost 371,163 288,260
Operating Segments | Distribution segment    
Operating revenues 972,422 876,650
Purchased gas cost 496,799 411,072
Operation and maintenance expense 123,284 108,802
Depreciation and amortization expense 92,797 82,870
Taxes, other than income 69,045 64,352
Operating income 190,497 209,554
Other non-operating income 1,916 835
Interest charges 8,548 10,712
Income before income taxes 183,865 199,677
Income tax expense 4,294 45,985
Net income 179,571 153,692
Operating Segments | Pipeline and storage segment    
Operating revenues 162,918 159,713
Purchased gas cost (3,411) (1,244)
Operation and maintenance expense 36,155 30,156
Depreciation and amortization expense 35,059 32,415
Taxes, other than income 9,751 9,100
Operating income 85,364 89,286
Other non-operating income 6,786 5,237
Interest charges 11,303 11,298
Income before income taxes 80,847 83,225
Income tax expense 11,209 19,239
Net income 69,638 63,986
Operating Segments | Purchased gas cost | Distribution segment    
Purchased gas cost 496,799 411,072
Operating Segments | Purchased gas cost | Pipeline and storage segment    
Purchased gas cost (3,411) (1,244)
Eliminations    
Operating revenues (122,554) (121,883)
Purchased gas cost (122,225) (121,568)
Operation and maintenance expense (329) (315)
Depreciation and amortization expense 0 0
Taxes, other than income 0 0
Operating income 0 0
Other non-operating income 0 0
Interest charges 0 0
Income before income taxes 0 0
Income tax expense 0 0
Net income 0 0
Eliminations | Distribution segment    
Operating revenues 786 763
Eliminations | Pipeline and storage segment    
Operating revenues 121,768 121,120
Eliminations | Purchased gas cost    
Purchased gas cost $ (122,225) $ (121,568)