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CONDENSED CONSOLIDATED BALANCE SHEETS Unaudited - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Utility plant:    
Utility plant $ 3,411,219 $ 3,229,446
Less accumulated depreciation and amortization (1,067,965) (996,723)
Net utility plant 2,343,254 2,232,723
Current assets:    
Cash and cash equivalents 51,257 47,176
Receivables:    
Customers 45,624 30,037
Regulatory balancing accounts 33,437 42,394
Other 16,977 17,101
Unbilled revenue 42,562 33,427
Materials and supplies at weighted average cost 7,804 6,586
Taxes, prepaid expenses, and other assets 14,395 11,981
Total current assets 212,056 188,702
Other assets:    
Regulatory assets 382,484 353,569
Goodwill 2,615 2,615
Other assets 82,845 60,095
Total other assets 467,944 416,279
TOTAL ASSETS 3,023,254 2,837,704
Capitalization:    
Common stock, $0.01 par value; 68,000 shares authorized, 48,145 and 48,065 outstanding in 2019 and 2018, respectively 481 481
Additional paid-in capital 341,988 337,623
Retained earnings 415,326 392,053
Total common stockholders’ equity 757,795 730,157
Long-term debt, net 807,478 710,027
Total capitalization 1,565,273 1,440,184
Current liabilities:    
Current maturities of long-term debt, net 5,280 104,911
Short-term borrowings 155,100 65,100
Accounts payable 108,593 95,580
Regulatory balancing accounts 6,887 12,213
Accrued interest 14,410 5,674
Accrued expenses and other liabilities 43,674 37,688
Total current liabilities 333,944 321,166
Unamortized investment tax credits 1,649 1,649
Deferred income taxes 229,237 213,033
Pension and postretirement benefits other than pensions 203,557 193,538
Regulatory liabilities and other 260,812 256,522
Advances for construction 190,272 186,342
Contributions in aid of construction 238,510 225,270
Commitments and contingencies (Note 10)
TOTAL CAPITALIZATION AND LIABILITIES $ 3,023,254 $ 2,837,704