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STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Document Fiscal Year Focus 2017  
Operating activities    
Net income $ 115,876 $ 97,781
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 113,293 106,490
Deferred income taxes 61,329 59,771
Share-based compensation expense 6,930 9,341
Provision for doubtful accounts 4,508 3,521
Changes in assets and liabilities:    
Accounts receivable 158,747 107,762
Materials and supplies (4,705) 3,227
Natural gas in storage (32,209) (2,077)
Asset removal costs (37,928) (40,715)
Accounts payable (65,983) (32,923)
Accrued interest (11,112) (11,182)
Accrued taxes other than income 2,087 2,670
Accrued liabilities (4,396) (13,658)
Customer deposits (1,566) 100
Regulatory assets and liabilities 11,448 (18,726)
Other assets and liabilities (13,915) 19,053
Cash provided by operating activities 302,404 290,435
Investing activities    
Capital expenditures (249,057) (231,336)
Other 617 492
Cash used in investing activities (248,440) (230,844)
Financing activities    
Repayments of notes payable, net 29,000 28,500
Repurchase of common stock (17,512) (24,066)
Proceeds from Issuance of Common Stock 2,208 1,983
Dividends paid (65,996) (54,923)
Tax withholdings related to net share settlements of stock compensation (9,455) (9,005)
Cash used in financing activities (61,755) (57,511)
Change in cash and cash equivalents (7,791) 2,080
Cash and cash equivalents at beginning of period 14,663 2,433
Cash and cash equivalents at end of period $ 6,872 $ 4,513