XML 44 R2.htm IDEA: XBRL DOCUMENT v3.19.3
Condensed Consolidated Statements of Income (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Operating Revenues        
Regulated Energy $ 74,580,000 $ 72,770,000 $ 251,601,000 $ 252,667,000
Unregulated Energy and other 18,046,000 20,630,000 96,029,000 103,435,000
Total Operating Revenues 92,626,000 93,400,000 347,630,000 356,102,000
Operating Expenses        
Regulated Energy cost of sales 19,619,000 21,501,000 74,452,000 89,741,000
Unregulated Energy and other cost of sales 5,709,000 9,512,000 36,975,000 49,196,000
Operations 32,623,000 31,449,000 99,596,000 97,723,000
Cost, Maintenance 3,920,000 3,208,000 11,199,000 10,419,000
Settlement Gain 0 0 (130,000) (130,000)
Cost, Depreciation, Amortization and Depletion 11,219,000 10,487,000 33,612,000 29,739,000
Other taxes 5,178,000 4,364,000 15,282,000 13,446,000
Total Operating Expenses 78,268,000 80,521,000 270,986,000 290,134,000
Operating Income 14,358,000 12,879,000 76,644,000 65,968,000
Other expense, net (350,000) (4,000) (729,000) (168,000)
Interest charges 5,403,000 4,357,000 16,583,000 11,764,000
Income from Continuing Operations Before Income Taxes 8,605,000 8,518,000 59,332,000 54,036,000
Income Taxes on Continuing Operations 2,360,000 2,428,000 15,355,000 14,918,000
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent 6,245,000 6,090,000 43,977,000 39,118,000
Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax (624,000) (552,000) (1,388,000) (339,000)
Income from Continuing Operations $ 5,621,000 $ 5,538,000 $ 42,589,000 $ 38,779,000
Weighted Average Common Shares Outstanding:        
Basic (shares) 16,403,776 16,378,545 16,396,646 16,366,608
Diluted (shares) 16,453,867 16,428,439 16,444,231 16,416,255
Basic Earnings Per Share of Common Stock:        
Income (Loss) from Continuing Operations, Per Basic Share $ 0.38 $ 0.37 $ 2.68 $ 2.39
Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Basic Share (0.04) (0.03) (0.08) (0.02)
Basic (in dollars per share) 0.34 0.34 2.60 2.37
Earnings Per Share, Diluted [Abstract]        
Income (Loss) from Continuing Operations, Per Diluted Share 0.38 0.37 2.67 2.38
Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Diluted Share (0.04) (0.03) (0.08) (0.02)
Diluted (in dollars per share) $ 0.34 $ 0.34 $ 2.59 $ 2.36