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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Utility plant:    
Utility plant $ 3,952,681 $ 3,890,423
Less accumulated depreciation and amortization (1,267,745) (1,239,865)
Net utility plant 2,684,936 2,650,558
Current assets:    
Cash and cash equivalents 84,387 44,555
Receivables:    
Customers, net 39,652 44,025
Regulatory balancing accounts 97,820 96,241
Other, net 19,470 20,331
Unbilled revenue, net 33,945 34,069
Materials and supplies at weighted average cost 9,201 8,831
Taxes, prepaid expenses, and other assets 17,925 17,964
Total current assets 302,400 266,016
Other assets:    
Regulatory assets 328,336 325,376
Goodwill 31,390 31,842
Other assets 124,405 120,456
Total other assets 484,131 477,674
TOTAL ASSETS 3,471,467 3,394,248
Capitalization:    
Common stock, $0.01 par value; 68,000 shares authorized, 50,835 and 50,334 outstanding in 2021 and 2020, respectively 508 503
Additional paid-in capital 471,698 448,632
Retained earnings 457,596 472,209
Total common stockholders’ equity 929,802 921,344
Long-term debt, net 780,951 781,100
Total capitalization 1,710,753 1,702,444
Current liabilities:    
Current maturities of long-term debt, net 5,136 5,127
Short-term borrowings 435,000 370,000
Accounts payable 120,549 131,725
Regulatory balancing accounts 34,215 34,636
Accrued interest 14,728 6,178
Accrued expenses and other liabilities 45,838 41,040
Total current liabilities 655,466 588,706
Deferred income taxes 275,987 276,032
Pension and postretirement benefits other than pensions 111,926 115,581
Regulatory liabilities and other 251,851 247,810
Advances for construction 197,715 195,625
Contributions in aid of construction 267,769 268,050
Commitments and contingencies (Note 10)
TOTAL CAPITALIZATION AND LIABILITIES $ 3,471,467 $ 3,394,248