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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Utility plant:    
Land $ 44,019 $ 42,517
Depreciable plant and equipment 2,950,424 2,729,757
Construction work in progress 210,260 175,693
Intangible assets 24,743 22,212
Total utility plant 3,229,446 2,970,179
Less accumulated depreciation and amortization (996,723) (922,214)
Net utility plant 2,232,723 2,047,965
Current assets:    
Cash and cash equivalents 47,176 94,776
Receivables: net of allowance for doubtful accounts of $757 and $773 in 2018 and 2017, respectively    
Customers 30,037 32,451
Regulatory balancing accounts 42,394 36,783
Other 17,101 16,464
Unbilled revenue 33,427 29,756
Materials and supplies at weighted average cost 6,586 6,463
Taxes, prepaid expenses, and other assets 11,981 11,180
Total current assets 188,702 227,873
Other assets:    
Regulatory assets 353,569 405,482
Goodwill 2,615 2,615
Other 60,095 60,775
Total other assets 416,279 468,872
TOTAL ASSETS 2,837,704 2,744,710
Capitalization:    
Common stock, $0.01 par value; 68,000 shares authorized, 48,065 and 48,012 outstanding in 2018 and 2017, respectively 481 480
Additional paid-in capital 337,623 336,229
Retained earnings 392,053 362,512
Total common stockholders' equity 730,157 699,221
Long-term debt, net 710,027 515,793
Total capitalization 1,440,184 1,215,014
Current liabilities:    
Current maturities of long-term debt, net 104,911 15,920
Short-term borrowings 65,100 275,100
Accounts payable 95,580 93,955
Regulatory balancing accounts 12,213 59,303
Accrued other taxes 4,182 3,888
Accrued interest 5,674 6,122
Other accrued liabilities 33,506 36,671
Total current liabilities 321,166 490,959
Unamortized investment tax credits 1,649 1,724
Deferred income taxes 213,033 194,617
Regulatory liabilities 211,275 176,611
Pension and postretirement benefits other than pensions 193,538 252,141
Advances for construction 186,342 182,502
Contributions in aid of construction 225,270 186,721
Other long-term liabilities 45,247 44,421
Commitments and contingencies
TOTAL CAPITALIZATION AND LIABILITIES $ 2,837,704 $ 2,744,710