v3.26.1
Note 11 - Other Comprehensive Income (Loss)
9 Months Ended
Jun. 30, 2026
Notes to Financial Statements  
Comprehensive Income (Loss) Note [Text Block]

11.

Other Comprehensive Income (Loss)

 

A summary of other comprehensive income and loss is provided below:

 

      Tax    
  

Before-Tax

  

(Expense)

  

Net-of-Tax

 
  

Amount

  

or Benefit

  

Amount

 

Three Months Ended June 30, 2026

            

Interest rate swaps:

            

Unrealized gains

 $506,950  $(130,489) $376,461 

Transfer of realized gains to interest expense

  (231,048)  59,473   (171,575)

Net interest rate swaps

  275,902   (71,016)  204,886 

Defined benefit plans:

            

Amortization of net actuarial gains

  (7,829)  2,015   (5,814)

Other comprehensive income

 $268,073  $(69,001) $199,072 

Three Months Ended June 30, 2025

            

Interest rate swaps:

            

Unrealized losses

 $(20,816) $5,358  $(15,458)

Transfer of realized gains to interest expense

  (323,513)  83,273   (240,240)

Net interest rate swaps

  (344,329)  88,631   (255,698)

Defined benefit plans:

            

Amortization of net actuarial gains

  (10,379)  2,671   (7,708)

Other comprehensive loss

 $(354,708) $91,302  $(263,406)

 

 

      

Tax

     
  

Before-Tax

  

(Expense)

  

Net-of-Tax

 
  

Amount

  

or Benefit

  

Amount

 

Nine Months Ended June 30, 2026

            

Interest rate swaps:

            

Unrealized gains

 $1,132,692  $(291,556) $841,136 

Transfer of realized gains to interest expense

  (829,579)  213,535   (616,044)

Net interest rate swaps

  303,113   (78,021)  225,092 

Defined benefit plans:

            

Amortization of net actuarial gains

  (23,487)  6,045   (17,442)

Other comprehensive income

 $279,626  $(71,976) $207,650 

Nine Months Ended June 30, 2025

            

Interest rate swaps:

            

Unrealized gains

 $507,492  $(130,628) $376,864 

Transfer of realized gains to interest expense

  (1,034,976)  266,403   (768,573)

Net interest rate swaps

  (527,484)  135,775   (391,709)

Defined benefit plans:

            

Amortization of net actuarial gains

  (31,134)  8,013   (23,121)

Other comprehensive loss

 $(558,618) $143,788  $(414,830)

 

The amortization of actuarial gains and losses, reflected in the preceding table, relate to the unregulated operations of the Company.  Actuarial gains and losses attributable to the regulated operations are included as a regulatory asset.  See Note 13 for a schedule of regulatory assets.  The amortization of actual gains and losses is recognized as a component of net periodic pension and postretirement benefit costs under other income, net in the condensed consolidated statements of income.

 

Reconciliation of Accumulated Other Comprehensive Income

 

          

Accumulated

 
          

Other

 
  

Interest Rate

  

Defined Benefit

  

Comprehensive

 
  

Swaps

  

Plans

  

Income

 

Balance at September 30, 2025

 $664,568  $(402,836) $261,732 

Other comprehensive income (loss)

  225,092   (17,442)  207,650 

Balance at June 30, 2026

 $889,660  $(420,278) $469,382