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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Utility plant:    
Utility plant $ 3,835,194 $ 3,550,485
Less accumulated depreciation and amortization (1,238,880) (1,144,115)
Net utility plant 2,596,314 2,406,370
Current assets:    
Cash and cash equivalents 113,312 42,653
Receivables:    
Customers, net 53,397 32,058
Regulatory balancing accounts 54,415 38,225
Other, net 15,056 14,187
Unbilled revenue, net 46,247 34,879
Materials and supplies at weighted average cost 8,611 7,745
Taxes, prepaid expenses, and other assets 14,726 14,965
Total current assets 305,764 184,712
Other assets:    
Regulatory assets 484,435 433,322
Goodwill 30,349 2,615
Other assets 89,572 84,289
Total other assets 604,356 520,226
TOTAL ASSETS 3,506,434 3,111,308
Capitalization:    
Common stock, $0.01 par value; 68,000 shares authorized, 49,840 and 48,532 outstanding in 2020 and 2019, respectively 498 485
Additional paid-in capital 422,391 362,275
Retained earnings 467,303 417,146
Total common stockholders’ equity 890,192 779,906
Long-term debt, net 785,055 786,754
Total capitalization 1,675,247 1,566,660
Current liabilities:    
Current maturities of long-term debt, net 21,883 21,868
Short-term borrowings 375,100 175,100
Accounts payable 127,158 108,463
Regulatory balancing accounts 11,003 4,462
Accrued interest 14,233 5,810
Accrued expenses and other liabilities 54,446 43,018
Total current liabilities 603,823 358,721
Deferred income taxes 245,456 222,590
Pension and postretirement benefits other than pensions 261,081 258,907
Regulatory liabilities and other 257,054 271,831
Advances for construction 196,853 191,062
Contributions in aid of construction 266,920 241,537
Commitments and contingencies (Note 10)
TOTAL CAPITALIZATION AND LIABILITIES $ 3,506,434 $ 3,111,308