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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Operating Activities    
Net Income $ 32,521 $ 25,995
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 22,155 20,146
Depreciation and accretion included in other costs 5,280 5,152
Deferred income taxes, net (1,155) (156)
Realized gain on commodity contracts/sales of assets/investments (411) (436)
Unrealized loss on investments/commodity contracts 60 (44)
Employee benefits 901 476
Share-based compensation 1,445 1,519
Other, net 13 2
Changes in assets and liabilities:    
Accounts receivable and accrued revenue 21,898 38,304
Propane inventory, storage gas and other inventory 3,166 4,137
Increase (Decrease) in Regulatory Assets and Liabilities 6,467 (8,865)
Prepaid expenses and other current assets (159) (804)
Accounts payable and other accrued liabilities (5,145) (18,704)
Income taxes receivable 14,883 510
Customer deposits and refunds (1,177) (1,169)
Accrued compensation (1,406) (1,242)
Other assets and liabilities, net (652) 198
Net cash provided by operating activities 98,684 65,019
Investing Activities    
Property, plant and equipment expenditures (102,051) (69,111)
Proceeds from sales of assets 109 505
Acquisitions, net of cash acquired (20,930) 0
Environmental expenditures (113) (134)
Net cash used in investing activities (122,985) (68,740)
Financing Activities    
Common stock dividends (11,725) (10,879)
Purchase of stock for Dividend Reinvestment Plan 633 300
Change in cash overdrafts due to outstanding checks 2,964 (503)
Net borrowing (repayment) under line of credit agreements 35,898 (33,994)
Proceeds from Issuance of Long-term Debt 0 49,975
Repayment of long-term debt (4,262) (2,249)
Net cash provided by financing activities 23,508 2,650
Net Decrease in Cash and Cash Equivalents (793) (1,071)
Cash and Cash Equivalents-Beginning of Period 4,574 3,356
Cash and Cash Equivalents-End of Period $ 3,781 $ 2,285