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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Operating revenues $ 1,484,009 $ 1,012,786
Purchased gas cost 738,249 371,163
Operation and maintenance expense 185,016 159,110
Depreciation and amortization expense 146,020 127,856
Taxes, other than income 93,538 78,796
Operating income 321,186 275,861
Other non-operating income 21,191 8,702
Interest charges 36,760 19,851
Income before income taxes 305,617 264,712
Income tax expense 33,757 15,503
Net income $ 271,860 $ 249,209
Basic net income per share (USD per share) $ 1.92 $ 1.86
Diluted net income per share (USD per share) 1.91 1.86
Cash dividends (USD per share) $ 0.74 $ 0.68
Basic weighted average shares outstanding (in shares) 141,820 133,682
Diluted weighted average shares outstanding (in shares) 141,937 133,689
Other comprehensive income (loss), net of tax    
Net unrealized holding gains (losses) on available-for-sale securities, net of tax of $25 and $(20) $ 87 $ (69)
Cash flow hedges:    
Amortization and unrealized gains (losses) on interest rate agreements, net of tax of $6,397 and $(13,260) 22,131 (45,878)
Total other comprehensive income (loss) 22,218 (45,947)
Total comprehensive income 294,078 203,262
Distribution segment    
Operating revenues 1,439,693 971,636
Pipeline and storage segment    
Operating revenues 44,316 41,150
Purchased gas cost    
Purchased gas cost 738,249 371,163
Operating Segments | Distribution segment    
Operating revenues 1,440,426 972,422
Purchased gas cost 881,915 496,799
Operation and maintenance expense 136,469 123,284
Depreciation and amortization expense 105,664 92,797
Taxes, other than income 84,622 69,045
Operating income 231,756 190,497
Other non-operating income 6,774 1,916
Interest charges 22,839 8,548
Income before income taxes 215,691 183,865
Income tax expense 21,223 4,294
Net income 194,468 179,571
Operating Segments | Pipeline and storage segment    
Operating revenues 186,629 162,918
Purchased gas cost (858) (3,411)
Operation and maintenance expense 48,785 36,155
Depreciation and amortization expense 40,356 35,059
Taxes, other than income 8,916 9,751
Operating income 89,430 85,364
Other non-operating income 14,417 6,786
Interest charges 13,921 11,303
Income before income taxes 89,926 80,847
Income tax expense 12,534 11,209
Net income 77,392 69,638
Operating Segments | Purchased gas cost | Distribution segment    
Purchased gas cost 881,915 496,799
Operating Segments | Purchased gas cost | Pipeline and storage segment    
Purchased gas cost (858) (3,411)
Eliminations    
Operating revenues (143,046) (122,554)
Purchased gas cost (142,808) (122,225)
Operation and maintenance expense (238) (329)
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 733 786
Eliminations | Pipeline and storage segment    
Operating revenues 142,313 121,768
Eliminations | Purchased gas cost    
Purchased gas cost $ (142,808) $ (122,225)