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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Property, Plant and Equipment    
Regulated Energy $ 1,346,221 $ 1,297,416
Unregulated Energy 241,126 237,682
Other businesses and eliminations 30,282 34,585
Total property, plant and equipment 1,617,629 1,569,683
Less: Accumulated depreciation and amortization (312,949) (294,295)
Plus: Construction work in progress 90,453 108,584
Net property, plant and equipment 1,395,133 1,383,972
Current Assets    
Cash and cash equivalents 7,975 6,089
Trade and other receivables (less allowance for uncollectible accounts of $1,054 and $1,108, respectively) 74,098 85,404
Accrued revenue 20,747 27,499
Propane inventory, at average cost 6,865 9,791
Other inventory, at average cost 8,122 7,127
Regulatory assets 7,913 4,796
Storage gas prepayments 1,327 6,603
Income taxes receivable 9,059 15,300
Prepaid expenses 7,192 10,079
Derivative assets, at fair value 9,221 13,165
Other current assets 1,121 5,684
Total current assets 153,640 191,537
Deferred Charges and Other Assets    
Goodwill 25,785 25,837
Other intangible assets, net 5,909 6,207
Investments, at fair value 7,509 6,711
Operating Lease, Right-of-Use Asset 12,523  
Regulatory assets 77,101 72,422
Other assets 5,197 6,985
Total deferred charges and other assets 134,024 118,162
Total Assets 1,682,797 1,693,671
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) 7,980 7,971
Additional paid-in capital 255,307 255,651
Retained earnings 284,111 261,530
Accumulated other comprehensive loss (3,739) (6,713)
Deferred compensation obligation 4,376 3,854
Treasury stock (4,376) (3,854)
Total stockholders’ equity 543,659 [1] 518,439 [2]
Long-term debt, net of current maturities 285,998 316,020
Total capitalization 829,657 834,459
Current Liabilities    
Less: current maturities 71,509 11,935
Short-term borrowing 276,393 294,458
Accounts payable 75,277 129,804
Customer deposits and refunds 29,710 34,155
Accrued interest 4,505 2,317
Dividends payable 6,067 6,060
Accrued compensation 8,506 13,923
Regulatory liabilities 15,085 7,883
Derivative liabilities, at fair value 6,798 14,871
Other accrued liabilities 14,719 12,828
Total current liabilities 508,569 528,234
Deferred Credits and Other Liabilities    
Deferred income taxes 160,912 156,820
Regulatory liabilities 132,686 135,039
Environmental liabilities 7,370 7,638
Other pension and benefit costs 29,822 28,513
Operating Lease, Liability, Noncurrent 10,873  
Deferred investment tax credits and other liabilities 2,908 2,968
Total deferred credits and other liabilities 344,571 330,978
Environmental and other commitments and contingencies (Notes 5 and 6)
Total Capitalization and Liabilities $ 1,682,797 $ 1,693,671
[1] Includes 101,997 shares at March 31, 2019, 97,053 shares at December 31, 2018, 93,422 shares at March 31, 2018 and 90,961 shares at December 31, 2017, respectively, held in a Rabbi Trust related to our Non-Qualified Deferred Compensation Plan.
[2] 2,000,000 shares of preferred stock at $0.01 par value have been authorized. None has been issued or is outstanding; accordingly, no information has been included in the statements of stockholders’ equity.