Shareholders' Equity (Tables)

9 Months Ended

Jun. 30, 2024

Equity [Abstract]

Schedule of Reconciliation of Changes in Stockholders Equity

The following tables present a reconciliation of changes in stockholders' equity for the three and nine months ended June 30, 2024 and 2023.

	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, 2023	148,492,783	$	742	$	6,684,120	$	518,528	$	3,666,674	$	10,870,064
Net income	—	—		—		—		311,292		311,292
Other comprehensive loss	—	—		—		(49,936)		—		(49,936)
Cash dividends ($0.805 per share)	—	—		—		—		(119,898)		(119,898)
Common stock issued:
Public and other stock offerings	2,177,864	11		257,757		—		—		257,768
Stock-based compensation plans	163,750	1		3,918		—		—		3,919
Balance, December 31, 2023	150,834,397	754		6,945,795		468,592		3,858,068		11,273,209
Net income	—	—		—		—		432,023		432,023
Other comprehensive income	—	—		—		27,108		—		27,108
Cash dividends ($0.805 per share)	—	—		—		—		(121,667)		(121,667)
Common stock issued:
Public and other stock offerings	34,687	—		4,025		—		—		4,025
Stock-based compensation plans	5,468	—		3,941		—		—		3,941
Balance, March 31, 2024	150,874,552	754		6,953,761		495,700		4,168,424		11,618,639
Net income	—	—		—		—		165,564		165,564
Other comprehensive income	—	—		—		14,432		—		14,432
Cash dividends ($0.805 per share)	—	—		—		—		(125,154)		(125,154)
Common stock issued:
Public and other stock offerings	4,288,217	22		499,562		—		—		499,584
Stock-based compensation plans	66,255	—		10,011		—		—		10,011
Balance, June 30, 2024	155,229,024	$	776	$	7,463,334	$	510,132	$	4,208,834	$	12,183,076

	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, 2022	140,896,598	$	704	$	5,838,118	$	369,112	$	3,211,157	$	9,419,091
Net income	—	—		—		—		271,860		271,860
Other comprehensive income	—	—		—		22,218		—		22,218
Cash dividends ($0.74 per share)	—	—		—		—		(104,552)		(104,552)
Common stock issued:
Public and other stock offerings	2,147,210	11		223,768		—		—		223,779
Stock-based compensation plans	111,953	1		3,877		—		—		3,878
Balance, December 31, 2022	143,155,761	716		6,065,763		391,330		3,378,465		9,836,274
Net income	—	—		—		—		357,671		357,671
Other comprehensive loss	—	—		—		(30,333)		—		(30,333)
Cash dividends ($0.74 per share)	—	—		—		—		(106,173)		(106,173)
Common stock issued:
Public and other stock offerings	1,316,930	6		143,808		—		—		143,814
Stock-based compensation plans	11,959	—		3,952		—		—		3,952
Balance, March 31, 2023	144,484,650	722		6,213,523		360,997		3,629,963		10,205,205
Net income	—	—		—		—		137,807		137,807
Other comprehensive income	—	—		—		43,406		—		43,406
Cash dividends ($0.74 per share)	—	—		—		—		(108,349)		(108,349)
Common stock issued:
Public and other stock offerings	2,754,533	15		315,682		—		—		315,697
Stock-based compensation plans	65,355	—		8,615		—		—		8,615
Balance, June 30, 2023	147,304,538	$	737	$	6,537,820	$	404,403	$	3,659,421	$	10,602,381

Schedule of Forward Sales Agreements

Additionally, we had $550.7 million in available proceeds from outstanding forward sale agreements, as detailed below.

Maturity	Shares Available	Net Proceeds Available (In thousands)		Forward Price
June 30, 2025	3,931,418	$	450,884	$	114.69
September 30, 2025	815,655	95,523		$	117.11
December 31, 2025	36,933	4,328		$	117.18
Total	4,784,006	$	550,735	$	115.12

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, 2023	$	(369)	$	518,897	$	518,528
Other comprehensive income (loss) before reclassifications	242		(1,165)		(923)
Amounts reclassified from accumulated other comprehensive income	—		(7,473)		(7,473)
Net current-period other comprehensive income (loss)	242		(8,638)		(8,396)
June 30, 2024	$	(127)	$	510,259	$	510,132

	Available- for-Sale Securities		Interest Rate Agreement Cash Flow Hedges		Total
	(In thousands)
September 30, 2022	$	(495)	$	369,607	$	369,112
Other comprehensive income before reclassifications	100		36,781		36,881
Amounts reclassified from accumulated other comprehensive income	—		(1,590)		(1,590)
Net current-period other comprehensive income	100		35,191		35,291
June 30, 2023	$	(395)	$	404,798	$	404,403