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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Operating Activities    
Net Income $ 32,812 $ 32,521
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 23,493 22,155
Depreciation and accretion included in other costs 5,357 5,280
Deferred income taxes, net 12,004 (1,155)
Realized gain on commodity contracts/sale of assets/investments (405) (411)
Unrealized (gain) loss on investments/commodity contracts (243) 60
Employee benefits and compensation 1,217 901
Share-based compensation 1,887 1,445
Other, net 42 13
Changes in assets and liabilities:    
Accounts receivable and accrued revenue (3,835) 21,898
Propane inventory, storage gas and other inventory (2,179) 3,166
Regulatory assets/liabilities, net (3,326) 6,467
Prepaid expenses and other current assets 485 (159)
Accounts payable and other accrued liabilities 3,679 (9,897)
Income taxes receivable 14,897 14,883
Customer deposits and refunds (314) (1,177)
Accrued compensation (2,293) (1,406)
Other assets and liabilities, net (1,053) (652)
Net cash provided by operating activities 82,225 93,932
Investing Activities    
Property, plant and equipment expenditures (106,851) (97,299)
Proceeds from sales of assets 119 109
Acquisitions, net of cash acquired 0 (20,930)
Environmental expenditures (260) (113)
Net cash used in investing activities (106,992) (118,233)
Financing Activities    
Common stock dividends (12,964) (11,725)
Issuance of stock for Dividend Reinvestment Plan 600 633
Stock issuance 57,306 0
Change in cash overdrafts due to outstanding checks 2,466 2,964
Net (repayment) borrowing under line of credit agreements (21,379) 35,898
Repayment of long-term debt and capital lease obligation (2,581) (4,262)
Net cash provided by financing activities 23,448 23,508
Net Decrease in Cash and Cash Equivalents (1,319) (793)
Cash and Cash Equivalents—Beginning of Period 2,855 4,574
Cash and Cash Equivalents—End of Period $ 1,536 $ 3,781