Company: ATO
Filing Date: 2025-11-14
Form Type: 10-K
Source: 0000731802-25-000056
Chunk: 100

Company: ATMOS ENERGY CORP
Filing Date: 2025-11-14
Form: 10-K
Item: Item 8
Chunk 100
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132,608 119,371 Other gas revenues26,484 26,394 11,919 Total distribution revenues4,422,355 3,912,134 4,096,661 Pipeline and storage revenues280,400 253,053 178,696 Total operating revenues$4,702,755 $4,165,187 $4,275,357 Balance sheet information at September 30, 2025 and 2024 by segment is presented in the following tables. September 30, 2025 DistributionPipeline and StorageTotal of Reportable Segments (In thousands)Property, plant and equipment, net (1)$18,765,128 $6,527,862 $25,292,990 Total assets$27,296,805 $6,896,646 $34,193,451 Reconciliation to consolidated assets:Total assets of reportable segments$34,193,451 Elimination of intersegment assets(5,943,929)Consolidated total assets$28,249,522  September 30, 2024 DistributionPipeline and StorageTotal of Reportable Segments (In thousands)Property, plant and equipment, net (1)$16,372,659 $5,831,708 $22,204,367 Total assets$24,328,877 $6,181,558 $30,510,435 Reconciliation to consolidated assets:Total assets of reportable segments$30,510,435 Elimination of intersegment assets(5,315,970)Consolidated total assets$25,194,465 (1)The total of reportable segments for this item reconciles to consolidated total.

5.    Earnings Per Share

We use the two-class method of computing earnings per share because we have participating securities in the form of non-vested restricted stock units with a nonforfeitable right to dividend equivalents, for which vesting is predicated solely on the passage of time. The calculation of earnings per share using the two-class method excludes income attributable to these participating securities from the numerator and excludes the dilutive impact of those shares from the denominator. Basic weighted average shares outstanding is calculated based upon the weighted average number of common shares outstanding during the periods presented. Also, this calculation includes fully vested stock awards that have not yet been issued as common 

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Table of ContentsATMOS ENERGY CORPORATIONNOT