XML 36 R25.htm IDEA: XBRL DOCUMENT v3.10.0.1
Summary of Accounting Policies Impact of Adoption of ASC 606 (Tables)
 9 Months Ended
Sep. 30, 2018
Revenue from Contract with Customer [Abstract]  
Schedule of Prospective Adoption of New Accounting Pronouncements [Table Text Block]
The following highlights the impact of the adoption of ASC 606 on our condensed consolidated income statements for the three and nine months ended September 30, 2018 and condensed consolidated balance sheet as of September 30, 2018:
 
 
Three Months Ended 
 September 30, 2018
 
Nine Months Ended 
 September 30, 2018
Income statement
 
As Reported
 
Without Adoption of ASC 606
 
Effect of Change Higher (Lower)
 
As Reported
 
Without Adoption of ASC 606
 
Effect of Change Higher (Lower)
(in thousands)
 
 
 
 
 
 
 
 
 
 
 
 
Regulated Energy operating revenues
 
$
72,770

 
$
72,879

 
$
(109
)
 
$
252,667

 
$
253,659

 
$
(992
)
Regulated Energy cost of sales
 
21,501

 
21,512

 
(11
)
 
89,741

 
90,454

 
(713
)
Depreciation and amortization
 
10,633

 
10,629

 
4

 
30,176

 
30,150

 
26

Income before income taxes
 
7,595

 
7,697

 
(102
)
 
53,510

 
53,815

 
(305
)
Income taxes
 
2,057

 
2,086

 
(29
)
 
14,731

 
14,819

 
(88
)
Net income
 
5,538

 
5,611

 
(73
)
 
38,779

 
38,996

 
(217
)
 
 
As of September 30, 2018
Balance sheet
 
As Reported
 
Without Adoption of ASC 606
 
Effect of Change Higher (Lower)
(in thousands)
 
 
 
 
 
 
Assets
 
 
 
 
 
 
Accrued revenues
 
$
12,352

 
$
13,658

 
$
(1,306
)
Other assets
 
$
5,293

 
$
5,702

 
$
(409
)
 
 
 
 
 
 

Capitalization
 
 
 
 
 

Retained earnings
 
$
249,805

 
$
251,520

 
$
(1,715
)