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STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Operating activities    
Net income $ 76,456 $ 64,743
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 37,019 34,684
Deferred income taxes 37,461 16,113
Share-based compensation expense 2,421 4,101
Provision for doubtful accounts 2,281 1,384
Changes in assets and liabilities:    
Accounts receivable 39,508 19,801
Materials and supplies (204) 3,617
Income tax receivable 1,397 38,877
Natural gas in storage 34,201 61,600
Asset removal costs (10,387) (14,171)
Accounts payable (53,957) (40,060)
Accrued interest (11,187) (11,219)
Accrued taxes other than income (5,140) 535
Accrued liabilities (10,457) (16,470)
Customer deposits 736 2,098
Regulatory assets and liabilities 18,641 (593)
Other assets and liabilities 3,447 23,848
Cash provided by operating activities 162,236 188,888
Investing activities    
Capital expenditures (70,471) (75,261)
Other 61 392
Cash used in investing activities (70,410) (74,869)
Financing activities    
Repayments of notes payable, net (59,600) (12,500)
Repurchase of common stock (2,469) (24,066)
Dividends paid (22,034) (18,380)
Tax withholdings related to net share settlements of stock compensation (9,180) (8,849)
Cash used in financing activities (93,283) (63,795)
Change in cash and cash equivalents (1,457) 50,224
Cash and cash equivalents at beginning of period 14,663 2,433
Cash and cash equivalents at end of period $ 13,206 $ 52,657