XML 50 R30.htm IDEA: XBRL DOCUMENT v3.8.0.1
COMMON STOCK EQUITY (Tables)
 3 Months Ended
Dec. 31, 2017
Equity [Abstract]  
Changes in Common Stock Equity
Changes in common stock equity during the three months ended December 31, 2017, were as follows:
(Thousands)
Number of Shares
Common Stock
Premium on Common Stock
Accumulated Other Comprehensive (Loss) Income
Treasury Stock And Other
Retained Earnings
Total
Balance at September 30, 2017
86,556

$
222,258

$
219,696

 
$
(3,256
)
 
$
(70,039
)
$
867,984

$
1,236,643

Net income



 

 

123,699

123,699

Other comprehensive income



 
(5,204
)
 


(5,204
)
Common stock issued:
 
 
 
 
 
 
 
 
 
Incentive plan
525

1,453

13,951

 

 



15,404

Dividend reinvestment plan (1)
90


245

 

 
3,554


3,799

Waiver discount
554

1,384

21,306

 

 


22,690

Cash dividend declared ($.2725 per share)



 

 

(23,831
)
(23,831
)
Treasury stock and other
(250
)

(56
)
 

 
(25,374
)

(25,430
)
Balance at December 31, 2017
87,475

$
225,095

$
255,142

 
$
(8,460
)
 
$
(91,859
)
$
967,852

$
1,347,770


(1)
Shares sold through the DRP are issued from treasury stock at average cost, which may differ from the actual market price paid.
Components of Accumulated Other Comprehensive Income (Loss), Net of Tax
The following table presents the changes in the components of accumulated other comprehensive income (loss), net of related tax effects during the three months ended December 31, 2017 and 2016:
(Thousands)
Available for Sale Securities
Postemployment Benefit Obligation
Total
Balance at September 30, 2017
$
11,044

 
$
(14,300
)
 
$
(3,256
)
Other comprehensive (loss) income, net of tax
 
 
 
 
 
Other comprehensive (loss), before reclassifications, net of tax of $851, $0, $851
(2,290
)
 
—

 
(2,290
)
Amounts reclassified from accumulated other comprehensive (loss) income, net of tax of $2,178, $(136), $2,042
(3,154
)
 
240

(1) 
(2,914
)
Net current-period other comprehensive (loss) income, net of tax of $3,029, $(136), $2,893
(5,444
)
 
240

 
(5,204
)
Balance at December 31, 2017
$
5,600

 
$
(14,060
)
 
$
(8,460
)
 
 
 
 
 
 
Balance as of September 30, 2016
$
4,198

 
$
(19,353
)
 
$
(15,155
)
Other comprehensive income (loss), net of tax
 
 
 
 
 
Other comprehensive income, before reclassifications, net of tax of $(4,840), $0, $(4,840)
7,042

 
—

 
7,042

Amounts reclassified from accumulated other comprehensive (loss) income, net of tax of $1,054, $(217), $837
(1,527
)
 
317

(1) 
(1,210
)
Net current-period other comprehensive income, net of tax of $(3,786), $(217), $(4,003)
5,515

 
317

 
5,832

Balance as of December 31, 2016
$
9,713

 
$
(19,036
)
 
$
(9,323
)
(1)
Included in the computation of net periodic pension cost, a component of operations and maintenance expense on the Unaudited Condensed Consolidated Statements of Operations.