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CONDENSED CONSOLIDATED BALANCE SHEETS Unaudited - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Utility plant:    
Utility plant $ 3,346,165 $ 3,229,446
Less accumulated depreciation and amortization (1,043,960) (996,723)
Net utility plant 2,302,205 2,232,723
Current assets:    
Cash and cash equivalents 54,560 47,176
Receivables:    
Customers 43,345 30,037
Regulatory balancing accounts 33,466 42,394
Other 17,616 17,101
Unbilled revenue 32,934 33,427
Materials and supplies at weighted average cost 6,989 6,586
Taxes, prepaid expenses, and other assets 17,120 11,981
Total current assets 206,030 188,702
Other assets:    
Regulatory assets 373,619 353,569
Goodwill 2,615 2,615
Other assets 80,126 60,095
Total other assets 456,360 416,279
TOTAL ASSETS 2,964,595 2,837,704
Capitalization:    
Common stock, $0.01 par value; 68,000 shares authorized, 48,140 and 48,065 outstanding in 2019 and 2018, respectively 481 481
Additional paid-in capital 340,274 337,623
Retained earnings 382,409 392,053
Total common stockholders’ equity 723,164 730,157
Long-term debt, net 807,693 710,027
Total capitalization 1,530,857 1,440,184
Current liabilities:    
Current maturities of long-term debt, net 5,312 104,911
Short-term borrowings 165,100 65,100
Accounts payable 97,376 95,580
Regulatory balancing accounts 17,855 12,213
Accrued interest 6,311 5,674
Accrued expenses and other liabilities 39,435 37,688
Total current liabilities 331,389 321,166
Unamortized investment tax credits 1,649 1,649
Deferred income taxes 216,880 213,033
Pension and postretirement benefits other than pensions 201,476 193,538
Regulatory liabilities and other 264,027 256,522
Advances for construction 189,642 186,342
Contributions in aid of construction 228,675 225,270
Commitments and contingencies (Note 10)
TOTAL CAPITALIZATION AND LIABILITIES $ 2,964,595 $ 2,837,704