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STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Document Fiscal Year Focus 2017  
Operating activities    
Net income $ 97,079 $ 85,044
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 74,870 70,249
Deferred income taxes 50,308 36,031
Share-based compensation expense 4,951 7,451
Provision for doubtful accounts 3,501 2,757
Changes in assets and liabilities:    
Accounts receivable 135,165 98,321
Materials and supplies (2,792) 707
Natural gas in storage 10,436 38,412
Asset removal costs (22,837) (27,672)
Accounts payable (68,992) (42,897)
Accrued interest 104 53
Accrued taxes other than income (9,009) (5,573)
Accrued liabilities (6,729) (16,156)
Customer deposits (686) 1,113
Regulatory assets and liabilities 19,782 (2,966)
Other assets and liabilities (5,880) 31,341
Cash provided by operating activities 279,271 276,215
Investing activities    
Capital expenditures (154,666) (144,760)
Other 477 492
Cash used in investing activities (154,189) (144,268)
Financing activities    
Repayments of notes payable, net (66,000) (12,500)
Repurchase of common stock (17,512) (24,066)
Proceeds from Issuance of Common Stock 2,208 1,983
Dividends paid (44,042) (36,638)
Tax withholdings related to net share settlements of stock compensation (9,286) (8,902)
Cash used in financing activities (134,632) (80,123)
Change in cash and cash equivalents (9,550) 51,824
Cash and cash equivalents at beginning of period 14,663 2,433
Cash and cash equivalents at end of period $ 5,113 $ 54,257