XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Utility plant:    
Utility plant $ 4,341,433 $ 4,197,344
Less accumulated depreciation and amortization (1,406,757) (1,350,482)
Net utility plant 2,934,676 2,846,862
Current assets:    
Cash and cash equivalents 61,749 78,380
Receivables:    
Customers, net 68,404 60,785
Regulatory balancing accounts 56,625 78,597
Other, net 19,803 18,452
Unbilled revenue, net 38,796 32,760
Materials and supplies at weighted average cost 10,567 9,511
Taxes, prepaid expenses, and other assets 20,708 21,973
Total current assets 276,652 300,458
Other assets:    
Regulatory assets 287,625 285,692
Goodwill 36,814 36,814
Other assets 146,985 153,445
Total other assets 471,424 475,951
TOTAL ASSETS 3,682,752 3,623,271
Capitalization:    
Common stock, $0.01 par value; 68,000 shares authorized, 54,356 and 53,716 outstanding in 2022 and 2021, respectively 544 537
Additional paid-in capital 682,353 651,121
Retained earnings 519,625 525,936
Noncontrolling interests 4,784 5,386
Total equity 1,207,306 1,182,980
Long-term debt, net 1,054,170 1,055,794
Total capitalization 2,261,476 2,238,774
Current liabilities:    
Current maturities of long-term debt, net 5,783 5,192
Short-term borrowings 70,000 35,000
Accounts payable 139,732 144,369
Regulatory balancing accounts 9,627 17,547
Accrued interest 6,740 6,542
Accrued expenses and other liabilities 54,201 47,926
Total current liabilities 286,083 256,576
Deferred income taxes 300,489 298,945
Pension 94,796 92,287
Regulatory liabilities and other 254,109 252,938
Advances for construction 198,674 198,086
Contributions in aid of construction 287,125 285,665
Commitments and contingencies (Note 10)
TOTAL CAPITALIZATION AND LIABILITIES $ 3,682,752 $ 3,623,271