Accumulated Other Comprehensive Loss Accumulated Other Comprehensive Loss (Notes)

6 Months Ended

Jun. 30, 2019

Accumulated Other Comprehensive Loss [Abstract]

Stockholders' Equity Note Disclosure [Text Block]

COMMON STOCK

The Company has entered into four separate sales agency agreements under which the sales agents may offer and sell new shares of the Company’s common stock from time to time. During the three and six months ended June 30, 2019 the Company issued 0.4 million shares under the sales agency agreements. These agreements provide for the offering of a maximum of approximately 4.6 million shares, of which approximately 4.2 million remain unissued as of June 30, 2019. Subject to the satisfaction of customary conditions, the Company has the right to increase the maximum number of shares that may be offered under these agreements subject to regulatory approval.

ACCUMULATED OTHER COMPREHENSIVE LOSS

Accumulated other comprehensive loss, net of tax, consisted of the following as of June 30, 2019 and December 31, 2018 (dollars in thousands):

	June 30,		December 31,
	2019		2018
Unfunded benefit obligation for pensions and other postretirement benefit plans - net of taxes of $2,006 and $2,091, respectively	$	7,545	$	7,866

The following table details the reclassifications out of accumulated other comprehensive loss to net income by component for the three and six months ended June 30 (dollars in thousands).

	Amounts Reclassified from Accumulated Other Comprehensive Loss
	Three months ended June 30,						Six months ended June 30,
Details about Accumulated Other Comprehensive Loss Components	2019			2018			2019			2018			Affected Line Item in Statement of Income
Amortization of defined benefit pension items
Amortization of net prior service cost	$	(200	)	$	(228	)	$	(400	)	$	(456	)	(a)
Amortization of net loss	3,755			2,995			7,416			5,990			(a)
Adjustment due to effects of regulation	(3,352		)	(2,509		)	(6,610		)	(5,017		)	(a)
	203			258			406			517			Total before tax
	(42		)	(54		)	(85		)	(109		)	Tax expense
	$	161		$	204		$	321		$	408		Net of tax

(a)

These accumulated other comprehensive loss components are included in the computation of net periodic pension cost (see Note 7 for additional details).