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Segment Information
6 Months Ended
Jun. 30, 2020
Segment Reporting [Abstract]  
Segment Information
Note 7 – Segment Information
Centuri accounts for the services provided to Southwest at contractual prices at contract inception. Accounts receivable for these services, which are not eliminated during consolidation, are presented in the table below:
(Thousands of dollars)
June 30, 2020December 31, 2019
Centuri accounts receivable for services provided to Southwest$17,364  $15,235  
The Company has two reportable segments: natural gas operations and utility infrastructure services. Southwest has a single reportable segment that is referred to herein as the natural gas operations segment of the Company. In order to reconcile to net income as disclosed in the Condensed Consolidated Statements of Income, an Other column is included associated with impacts of corporate and administrative activities related to Southwest Gas Holdings, Inc. The financial information pertaining to the natural gas operations and utility infrastructure services segments is as follows:
(Thousands of dollars)
Natural Gas
Operations
Utility Infrastructure
Services
OtherTotal
Three Months Ended June 30, 2020
Revenues from external customers$262,434  $457,890  $—  $720,324  
Intersegment revenues—  36,923  —  36,923  
Total$262,434  $494,813  $—  $757,247  
Segment net income (loss)$11,942  $26,267  $(244) $37,965  
Three Months Ended June 30, 2019
Revenues from external customers$258,711  $405,218  $—  $663,929  
Intersegment revenues—  49,082  —  49,082  
Total$258,711  $454,300  $—  $713,011  
Segment net income (loss)$3,369  $18,918  $(231) $22,056  
(Thousands of dollars)
Natural Gas
Operations
Utility Infrastructure
Services
OtherTotal
Six Months Ended June 30, 2020
Revenues from external customers$765,261  $758,181  $—  $1,523,442  
Intersegment revenues—  70,125  —  70,125  
Total$765,261  $828,306  $—  $1,593,567  
Segment net income (loss)$95,541  $16,063  $(1,097) $110,507  
Six Months Ended June 30, 2019
Revenues from external customers$779,388  $679,407  $—  $1,458,795  
Intersegment revenues—  87,755  —  87,755  
Total$779,388  $767,162  $—  $1,546,550  
Segment net income (loss)$106,758  $10,887  $(780) $116,865  
(Thousands of dollars)
Natural Gas
Operations
Utility Infrastructure
Services
OtherTotal
Twelve Months Ended June 30, 2020
Revenues from external customers$1,354,812  $1,671,026  $—  $3,025,838  
Intersegment revenues—  141,096  —  141,096  
Total$1,354,812  $1,812,122  $—  $3,166,934  
Segment net income (loss)$151,954  $57,581  $(1,957) $207,578  
Twelve Months Ended June 30, 2019
Revenues from external customers$1,367,124  $1,470,787  $—  $2,837,911  
Intersegment revenues—  163,439  —  163,439  
Total$1,367,124  $1,634,226  $—  $3,001,350  
Segment net income (loss)$152,629  $47,629  $(1,758) $198,500