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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Property, Plant and Equipment    
Regulated Energy $ 1,174,407 $ 1,073,736
Unregulated Energy 216,125 210,682
Other businesses and eliminations 30,170 27,699
Total property, plant and equipment 1,420,702 1,312,117
Less: Accumulated depreciation and amortization (287,942) (270,599)
Plus: Construction work in progress 101,904 84,509
Net property, plant and equipment 1,234,664 1,126,027
Current Assets    
Cash and cash equivalents 4,512 5,614
Trade and other receivables (less allowance for uncollectible accounts of $1,076 and $936, respectively) 53,419 77,223
Accrued revenue 12,353 22,279
Propane inventory, at average cost 6,597 8,324
Other inventory, at average cost 4,791 12,022
Regulatory assets 13,330 10,930
Storage gas prepayments 4,365 5,250
Income taxes receivable 6,420 14,778
Prepaid expenses 5,162 13,621
Derivative assets, at fair value 534 1,286
Other current assets 4,560 7,260
Total current assets 116,043 178,587
Deferred Charges and Other Assets    
Goodwill 19,604 19,604
Other intangible assets, net 4,277 4,686
Investments, at fair value 7,486 6,756
Regulatory assets 76,427 75,575
Other assets 4,440 3,699
Total deferred charges and other assets 112,234 110,320
Total Assets 1,462,941 1,414,934
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) 7,971 7,955
Additional paid-in capital 255,356 253,470
Retained earnings 250,377 229,141
Accumulated other comprehensive loss (5,718) (4,272)
Deferred compensation obligation 3,782 3,395
Treasury stock (3,782) (3,395)
Total stockholders’ equity [1] 507,986 486,294
Long-term debt, net of current maturities 241,596 197,395
Total capitalization 749,582 683,689
Current Liabilities    
Less: current maturities 9,977 9,421
Short-term borrowing 235,288 250,969
Accounts payable 60,769 74,688
Customer deposits and refunds 32,018 34,751
Accrued interest 1,891 1,742
Dividends payable 6,060 5,312
Accrued compensation 7,953 13,112
Regulatory liabilities 22,194 6,485
Derivative liabilities, at fair value 886 6,247
Other accrued liabilities 11,495 10,273
Total current liabilities 388,531 413,000
Deferred Credits and Other Liabilities    
Deferred income taxes 143,147 135,850
Regulatory liabilities 141,499 140,978
Environmental liabilities 8,090 8,263
Other pension and benefit costs 28,996 29,699
Deferred investment tax credits and other liabilities 3,096 3,455
Total deferred credits and other liabilities 324,828 318,245
Environmental and other commitments and contingencies (Note 5 and 6)
Total Capitalization and Liabilities $ 1,462,941 $ 1,414,934
[1] Includes 96,204 and 90,961 shares at June 30, 2018 and December 31, 2017, respectively, held in a Rabbi Trust related to our Deferred Compensation Plan.