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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Property, Plant and Equipment    
Regulated Energy $ 985,832 $ 957,681
Unregulated Energy 199,211 196,800
Other businesses and eliminations 21,486 21,114
Total property, plant and equipment 1,206,529 1,175,595
Less: Accumulated depreciation and amortization (250,574) (245,207)
Plus: Construction work in progress 62,362 56,276
Net property, plant and equipment 1,018,317 986,664
Current Assets    
Cash and cash equivalents 5,700 4,178
Accounts receivable (less allowance for uncollectible accounts of $815 and $909, respectively) 58,375 62,803
Accrued revenue 16,317 16,986
Propane inventory, at average cost 5,437 6,457
Other inventory, at average cost 3,657 4,576
Regulatory assets 7,527 7,694
Storage gas prepayments 735 5,484
Income taxes receivable 13,388 22,888
Prepaid expenses 4,534 6,792
Mark-to-market energy assets 1,339 823
Other current assets 1,804 2,470
Total current assets 118,813 141,151
Deferred Charges and Other Assets    
Goodwill 15,070 15,070
Other intangible assets, net 1,752 1,843
Investments, at fair value 5,212 4,902
Regulatory assets 76,218 76,803
Receivables and other deferred charges 2,929 2,786
Total deferred charges and other assets 101,181 101,404
Total Assets 1,238,311 1,229,219
Stockholders’ equity    
Preferred stock, par value $0.01 per share (authorized 2,000,000 shares), no shares issued and outstanding 0 0
Common stock, par value $0.4867 per share (authorized 25,000,000 shares) 7,949 7,935
Additional paid-in capital 251,144 250,967
Retained earnings 206,194 192,062
Accumulated other comprehensive loss (4,458) (4,878)
Deferred compensation obligation 3,100 2,416
Treasury stock (3,100) (2,416)
Total stockholders’ equity [1] 460,829 446,086
Long-term debt, net of current maturities 136,537 136,954
Total capitalization 597,366 583,040
Current Liabilities    
Current portion of long-term debt 12,111 12,099
Short-term borrowing 199,333 209,871
Accounts payable 49,500 56,935
Customer deposits and refunds 29,638 29,238
Accrued interest 2,868 1,312
Dividends payable 4,981 4,973
Accrued compensation 5,560 10,496
Regulatory liabilities 7,275 1,291
Mark-to-market energy liabilities 189 773
Other accrued liabilities 9,278 7,063
Total current liabilities 320,733 334,051
Deferred Credits and Other Liabilities    
Deferred income taxes 231,004 222,894
Regulatory liabilities 42,861 43,064
Environmental liabilities 8,535 8,592
Other pension and benefit costs 33,082 32,828
Deferred investment tax credits and other liabilities 4,730 4,750
Total deferred credits and other liabilities 320,212 312,128
Environmental and other commitments and contingencies (Note 4 and 5)
Total Capitalization and Liabilities $ 1,238,311 $ 1,229,219
[1] Includes 86,899 and 76,745 shares at March 31, 2017 and December 31, 2016, respectively, held in a Rabbi Trust related to our Deferred Compensation Plan