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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Property, Plant and Equipment    
Regulated Energy $ 1,297,416 $ 1,073,736
Unregulated Energy 237,682 210,682
Other businesses and eliminations 34,585 27,699
Total property, plant and equipment 1,569,683 1,312,117
Less: Accumulated depreciation and amortization (294,295) (270,599)
Plus: Construction work in progress 108,584 84,509
Net property, plant and equipment 1,383,972 1,126,027
Current Assets    
Cash and cash equivalents 6,089 5,614
Accounts receivable (less allowance for uncollectible accounts of $1,108 and $936, respectively) 85,404 77,223
Accrued revenue 27,499 22,279
Propane inventory, at average cost 9,791 8,324
Other inventory, at average cost 7,127 12,022
Regulatory assets 4,796 10,930
Storage gas prepayments 6,603 5,250
Income taxes receivable 15,300 14,778
Prepaid expenses 10,079 13,621
Derivative assets, at fair value 13,165 1,286
Other current assets 5,684 7,260
Total current assets 191,537 178,587
Deferred Charges and Other Assets    
Goodwill 25,837 19,604
Other intangible assets, net 6,207 4,686
Investments, at fair value 6,711 6,756
Regulatory assets 72,422 75,575
Receivables and other deferred charges 6,985 3,699
Total deferred charges and other assets 118,162 110,320
Total Assets 1,693,671 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 255,651 253,470
Retained earnings 261,530 229,141
Accumulated other comprehensive loss (6,713) (4,272)
Deferred compensation obligation 3,854 3,395
Treasury stock (3,854) (3,395)
Total stockholders’ equity [1] 518,439 486,294
Long-term debt, net of current maturities 316,020 197,395
Total capitalization 834,459 683,689
Current Liabilities    
Current portion of long-term debt 11,935 9,421
Short-term borrowing 294,458 250,969
Accounts payable 129,804 74,688
Customer deposits and refunds 34,155 34,751
Accrued interest 2,317 1,742
Dividends payable 6,060 5,312
Accrued compensation 13,923 13,112
Regulatory liabilities 7,883 6,485
Derivative liabilities, at fair value 14,871 6,247
Other accrued liabilities 12,828 10,273
Total current liabilities 528,234 413,000
Deferred Credits and Other Liabilities    
Deferred income taxes 156,820 135,850
Regulatory liabilities 135,039 140,978
Environmental liabilities 7,638 8,263
Other pension and benefit costs 28,513 29,699
Deferred investment tax credits and other liabilities 2,968 3,455
Total deferred credits and other liabilities 330,978 318,245
Commitments and Contingencies
Total Capitalization and Liabilities $ 1,693,671 $ 1,414,934
[1] Includes 97,053, 90,961 and 76,745 shares at December 31, 2018, 2017 and 2016, respectively, held in a Rabbi Trust related to our Non-Qualified Deferred Compensation Plan