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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Operating Activities    
Net Income $ 20,367 $ 21,109
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 7,503 6,975
Depreciation and accretion included in other costs 1,646 1,689
Deferred income taxes, net 4,326 (496)
Realized (gain) loss on commodity contracts/sale of assets/investments 479 (840)
Unrealized loss on investments/commodity contracts 18 21
Employee benefits and compensation 380 300
Share-based compensation 649 537
Other, net 24 4
Changes in assets and liabilities:    
Accounts receivable and accrued revenue (3,738) (8,014)
Propane inventory, storage gas and other inventory 3,073 5,337
Regulatory assets/liabilities, net 3,941 16,507
Prepaid expenses and other current assets 1,358 2,500
Accounts payable and other accrued liabilities (1,604) 350
Income taxes receivable 8,841 21,753
Customer deposits and refunds (134) (2,890)
Accrued compensation (5,943) (5,262)
Other assets and liabilities, net 1,242 2,753
Net cash provided by operating activities 42,428 62,333
Investing Activities    
Property, plant and equipment expenditures (36,847) (25,482)
Proceeds from sales of assets 51 198
Environmental expenditures (99) (49)
Net cash used in investing activities (36,895) (25,333)
Financing Activities    
Common stock dividends (4,204) (3,763)
Issuance of stock for Dividend Reinvestment Plan 195 217
Change in cash overdrafts due to outstanding checks (1,501) (2,191)
Net borrowing (repayment) under line of credit agreements 839 (19,269)
Repayment of long-term debt and capital lease obligation (402) (398)
Net cash used in financing activities (5,073) (25,404)
Net Increase in Cash and Cash Equivalents 460 11,596
Cash and Cash Equivalents—Beginning of Period 2,855 4,574
Cash and Cash Equivalents—End of Period $ 3,315 $ 16,170