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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Operating Activities    
Net Income $ 25,190 $ 28,396
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 17,906 15,283
Depreciation and accretion included in other costs 3,939 3,436
Deferred income taxes 12,034 6,162
Realized loss on commodity contracts/sale of assets/investments 2,223 664
Unrealized loss/(gain) on investments/commodity contracts 184 (42)
Employee benefits and compensation 819 760
Share-based compensation 812 1,264
Other, net (17) 24
Changes in assets and liabilities:    
Accounts receivable and accrued revenue 26,862 2,264
Propane inventory, storage gas and other inventory (2,543) 663
Regulatory assets/liabilities, net 4,255 519
Prepaid expenses and other current assets 2,129 2,878
Accounts payable and other accrued liabilities (280) (561)
Income taxes receivable 8,500 20,680
Customer deposits and refunds 1,487 399
Accrued compensation (3,876) (3,340)
Other assets and liabilities, net (3,254) (1,786)
Net cash provided by operating activities 96,370 77,663
Investing Activities    
Property, plant and equipment expenditures (88,627) (72,783)
Proceeds from sales of assets 185 89
Environmental expenditures (135) (177)
Net cash used in investing activities (88,577) (72,871)
Financing Activities    
Common stock dividends (9,636) (8,453)
Issuance of stock for Dividend Reinvestment Plan 421 429
Tax Withholding payments related to net settled stock compensation (692) (770)
Change in cash overdrafts due to outstanding checks (2,370) 1,473
Net (repayment) borrowing under line of credit agreements (61,910) 5,166
Proceeds from issuance of long-term debt 69,800 0
Repayment of long-term debt and capital lease obligation (5,165) (2,226)
Net cash used by financing activities (9,552) (4,381)
Net (Decrease) Increase in Cash and Cash Equivalents (1,759) 411
Cash and Cash Equivalents—Beginning of Period 4,178 2,855
Cash and Cash Equivalents—End of Period $ 2,419 $ 3,266