Information by Business Segments (Tables)

6 Months Ended

Jun. 30, 2021

Segment Reporting [Abstract]

Schedule of Business Segments

The following table presents information for each of the Company’s business segments (dollars in thousands):

	Avista Utilities			Alaska Electric Light and Power Company		Total Utility			Other			Intersegment Eliminations (1)			Total
For the three months ended June 30, 2021:
Operating revenues	$	287,560		$	10,547	$	298,107		$	148		$	—		$	298,255
Resource costs		89,515			1,163		90,678			—			—			90,678
Other operating expenses		90,728			3,325		94,053			1,159			—			95,212
Depreciation and amortization		53,569			2,497		56,066			73			—			56,139
Income (loss) from operations		29,561			3,275		32,836			(1,084	)		—			31,752
Interest expense (2)		24,608			1,523		26,131			131			(25	)		26,237
Income taxes		585			468		1,053			1,345			—			2,398
Net income		7,717			1,299		9,016			5,058			—			14,074
Capital expenditures (3)		114,441			2,183		116,624			537			—			117,161
For the three months ended June 30, 2020:
Operating revenues	$	268,340		$	9,997	$	278,337		$	255		$	—		$	278,592
Resource costs		67,069			896		67,965			—			—			67,965
Other operating expenses		83,140			3,064		86,204			659			—			86,863
Depreciation and amortization		61,462			2,446		63,908			188			—			64,096
Income (loss) from operations		32,217			3,302		35,519			(593	)		—			34,926
Interest expense (2)		24,188			1,561		25,749			130			(47	)		25,832
Income taxes		(8,004	)		480		(7,524	)		(395	)		—			(7,919	)
Net income (loss)		17,605			1,328		18,933			(1,480	)		—			17,453
Capital expenditures (3)		91,867			2,087		93,954			477			—			94,431
For the six months ended June 30, 2021:
Operating revenues	$	687,420		$	23,368	$	710,788		$	337		$	—		$	711,125
Resource costs		223,355			1,902		225,257			—			—			225,257
Other operating expenses		175,327			6,281		181,608			2,343			—			183,951
Depreciation and amortization		106,293			4,994		111,287			200			—			111,487
Income (loss) from operations		126,254			9,599		135,853			(2,206	)		—			133,647
Interest expense (2)		49,408			3,048		52,456			260			(66	)		52,650
Income taxes		11,303			1,801		13,104			1,458			—			14,562
Net income		71,775			4,775		76,550			5,541			—			82,091
Capital expenditures (3)		210,835			2,992		213,827			565			—			214,392
For the six months ended June 30, 2020:
Operating revenues	$	645,545		$	22,199	$	667,744		$	1,078		$	—		$	668,822
Resource costs		196,625			887		197,512			—			—			197,512
Other operating expenses		174,420			6,280		180,700			2,019			—			182,719
Depreciation and amortization		110,436			4,893		115,329			423			—			115,752
Income (loss) from operations		108,935			9,548		118,483			(1,364	)		—			117,119
Interest expense (2)		49,171			3,149		52,320			262			(132	)		52,450
Income taxes		(600	)		1,781		1,181			(568	)		—			613
Net income (loss)		63,584			4,723		68,307			(2,430	)		—			65,877
Capital expenditures (3)		185,923			3,557		189,480			586			—			190,066
Total Assets:
As of June 30, 2021:	$	6,272,062		$	270,922	$	6,542,984		$	116,654		$	(13,337	)	$	6,646,301
As of December 31, 2020:	$	6,035,340		$	268,971	$	6,304,311		$	109,658		$	(11,872	)	$	6,402,097

(1)Intersegment eliminations reported as interest expense represent intercompany interest.

(2)Including interest expense to affiliated trusts.

(3)The capital expenditures for the other businesses are included in other investing activities on the Condensed Consolidated Statements of Cash Flows.