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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Operating revenues $ 1,158,467 $ 1,484,009
Purchased gas cost 338,869 738,249
Operation and maintenance expense 166,345 185,016
Depreciation and amortization expense 164,608 146,020
Taxes, other than income 89,540 93,538
Operating income 399,105 321,186
Other non-operating income 17,886 21,191
Interest charges 51,875 36,760
Income before income taxes 365,116 305,617
Income tax expense 53,824 33,757
Net income $ 311,292 $ 271,860
Basic net income per share (USD per share) $ 2.08 $ 1.92
Diluted net income per share (USD per share) 2.08 1.91
Cash dividends per share (USD per share) $ 0.805 $ 0.740
Basic weighted average shares outstanding (in shares) 149,796 141,820
Diluted weighted average shares outstanding (in shares) 149,796 141,937
Other comprehensive income (loss), net of tax    
Net unrealized holding gains on available-for-sale securities, net of tax of $86 and $25 $ 296 $ 87
Cash flow hedges:    
Amortization and unrealized gains (losses) on interest rate agreements, net of tax of $(14,519) and $6,397 (50,232) 22,131
Total other comprehensive income (loss) (49,936) 22,218
Total comprehensive income 261,356 294,078
Purchased gas cost    
Purchased gas cost 338,869 738,249
Distribution segment    
Operating revenues 1,104,619 1,439,693
Pipeline and storage segment    
Operating revenues 53,848 44,316
Operating Segments | Distribution segment    
Operating revenues 1,105,338 1,440,426
Purchased gas cost 496,662 881,915
Operation and maintenance expense 127,615 136,469
Depreciation and amortization expense 119,685 105,664
Taxes, other than income 80,895 84,622
Operating income 280,481 231,756
Other non-operating income 5,839 6,774
Interest charges 34,581 22,839
Income before income taxes 251,739 215,691
Income tax expense 30,302 21,223
Net income 221,437 194,468
Operating Segments | Distribution segment | Purchased gas cost    
Purchased gas cost 496,662 881,915
Operating Segments | Pipeline and storage segment    
Operating revenues 211,169 186,629
Purchased gas cost 4 (858)
Operation and maintenance expense 38,973 48,785
Depreciation and amortization expense 44,923 40,356
Taxes, other than income 8,645 8,916
Operating income 118,624 89,430
Other non-operating income 12,047 14,417
Interest charges 17,294 13,921
Income before income taxes 113,377 89,926
Income tax expense 23,522 12,534
Net income 89,855 77,392
Operating Segments | Pipeline and storage segment | Purchased gas cost    
Purchased gas cost 4 (858)
Intersegment eliminations    
Operating revenues (158,040) (143,046)
Purchased gas cost (157,797) (142,808)
Operation and maintenance expense (243) (238)
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
Intersegment eliminations | Purchased gas cost    
Purchased gas cost (157,797) (142,808)
Intersegment eliminations | Distribution segment    
Operating revenues 719 733
Intersegment eliminations | Pipeline and storage segment    
Operating revenues $ 157,321 $ 142,313