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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Property, Plant and Equipment    
Regulated Energy $ 1,083,004 $ 1,073,736
Unregulated Energy 213,803 210,682
Other businesses and eliminations 27,892 27,699
Total property, plant and equipment 1,324,699 1,312,117
Less: Accumulated depreciation and amortization (279,802) (270,599)
Plus: Construction work in progress 131,640 84,509
Net property, plant and equipment 1,176,537 1,126,027
Current Assets    
Cash and cash equivalents 5,996 5,614
Trade and other receivables (less allowance for uncollectible accounts of $901 and $936, respectively) 69,447 77,223
Accrued revenue 18,907 22,279
Propane inventory, at average cost 7,345 8,324
Other inventory, at average cost 4,607 12,022
Regulatory assets 10,833 10,930
Storage gas prepayments 1,197 5,250
Income taxes receivable 4,378 14,778
Prepaid expenses 8,199 13,621
Derivative assets, at fair value 208 1,286
Other current assets 6,717 7,260
Total current assets 137,834 178,587
Deferred Charges and Other Assets    
Goodwill 22,104 22,104
Other intangible assets, net 4,482 4,686
Investments, at fair value 6,641 6,756
Regulatory assets 75,536 75,575
Other assets 4,316 3,699
Total deferred charges and other assets 113,079 112,820
Total Assets 1,427,450 1,417,434
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 50,000,000 shares) 7,964 7,955
Additional paid-in capital 254,126 253,470
Retained earnings 250,024 229,141
Accumulated other comprehensive loss (6,873) (4,272)
Deferred compensation obligation 3,573 3,395
Treasury stock (3,573) (3,395)
Total stockholders’ equity [1] 505,241 486,294
Long-term debt, net of current maturities 222,014 197,395
Total capitalization 727,255 683,689
Current Liabilities    
Current portion of long-term debt 9,389 9,421
Short-term borrowing 229,108 250,969
Accounts payable 57,457 74,688
Customer deposits and refunds 34,795 34,751
Accrued interest 3,256 1,742
Dividends payable 5,318 5,312
Accrued compensation 5,444 13,112
Regulatory liabilities 18,503 6,485
Derivative liabilities, at fair value 2,359 6,247
Other accrued liabilities 8,694 10,273
Total current liabilities 374,323 413,000
Deferred Credits and Other Liabilities    
Deferred income taxes 141,484 135,850
Regulatory liabilities 141,346 140,978
Environmental liabilities 8,215 8,263
Other pension and benefit costs 28,981 29,699
Deferred investment tax credits and other liabilities 5,846 5,955
Total deferred credits and other liabilities 325,872 320,745
Environmental and other commitments and contingencies (Note 5 and 6)
Total Capitalization and Liabilities $ 1,427,450 $ 1,417,434
[1] Includes 93,422 and 90,961 shares at March 31, 2018 and December 31, 2017, respectively, held in a Rabbi Trust related to our Deferred Compensation Plan.