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CONDENSED CONSOLIDATED BALANCE SHEETS Unaudited - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Utility plant:    
Utility plant $ 3,281,149 $ 3,229,446
Less accumulated depreciation and amortization (1,021,590) (996,723)
Net utility plant 2,259,559 2,232,723
Current assets:    
Cash and cash equivalents 60,234 47,176
Receivables:    
Customers 27,552 30,037
Regulatory balancing accounts 37,130 42,394
Other 19,460 17,101
Unbilled revenue 24,675 33,427
Materials and supplies at weighted average cost 6,444 6,586
Taxes, prepaid expenses, and other assets 17,230 11,981
Total current assets 192,725 188,702
Other assets:    
Regulatory assets 366,921 353,569
Goodwill 2,615 2,615
Other assets 78,842 60,095
Total other assets 448,378 416,279
TOTAL ASSETS 2,900,662 2,837,704
Capitalization:    
Common stock, $0.01 par value; 68,000 shares authorized, 48,134 and 48,065 outstanding in 2019 and 2018, respectively 481 481
Additional paid-in capital 338,728 337,623
Retained earnings 374,920 392,053
Total common stockholders’ equity 714,129 730,157
Long-term debt, net 710,602 710,027
Total capitalization 1,424,731 1,440,184
Current liabilities:    
Current maturities of long-term debt, net 105,010 104,911
Short-term borrowings 125,100 65,100
Accounts payable 83,280 95,580
Regulatory balancing accounts 19,984 12,213
Accrued interest 12,181 5,674
Accrued expenses and other liabilities 38,488 37,688
Total current liabilities 384,043 321,166
Unamortized investment tax credits 1,649 1,649
Deferred income taxes 211,382 213,033
Pension and postretirement benefits other than pensions 200,953 193,538
Regulatory liabilities and other 264,555 256,522
Advances for construction 186,877 186,342
Contributions in aid of construction 226,472 225,270
Commitments and contingencies (Note 10)
TOTAL CAPITALIZATION AND LIABILITIES $ 2,900,662 $ 2,837,704