Segment Information (Tables)

9 Months Ended

Sep. 30, 2019

Segment Reporting [Abstract]

Schedule of Segment Reporting Information by Segment

The following table presents financial information about our reportable segments:

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2019			2018			2019			2018
(in thousands)
Operating Revenues, Unaffiliated Customers
Regulated Energy	$	74,027		$	72,187		$	249,978		$	251,259
Unregulated Energy	18,599			21,213			97,652			104,843
Total operating revenues, unaffiliated customers	$	92,626		$	93,400		$	347,630		$	356,102
Intersegment Revenues (1)
Regulated Energy	$	553		$	583		$	1,623		$	1,408
Unregulated Energy	3,682			3,210			11,332			10,935
Other businesses	132			135			396			521
Total intersegment revenues	$	4,367		$	3,928		$	13,351		$	12,864
Operating Income
Regulated Energy	$	17,540		$	15,915		$	65,310		$	56,930
Unregulated Energy	(3,168		)	(3,090		)	11,316			10,519
Other businesses and eliminations	(14		)	54			18			(1,481		)
Operating income	14,358			12,879			76,644			65,968
Other expense, net	(350		)	(4		)	(729		)	(168		)
Interest charges	5,403			4,357			16,583			11,764
Income from Continuing Operations before Income Taxes	8,605			8,518			59,332			54,036
Income Taxes on Continuing Operations	2,360			2,428			15,355			14,918
Income from Continuing Operations	$	6,245		$	6,090		$	43,977		$	39,118
Loss from Discontinued Operations, net of tax	(624		)	(552		)	(1,388		)	(339		)
Net Income	$	5,621		$	5,538		$	42,589		$	38,779

⁽¹⁾ All significant intersegment revenues are billed at market rates and have been eliminated from consolidated operating revenues.

(in thousands)	September 30, 2019		December 31, 2018
Identifiable Assets (1)
Regulated Energy segment	$	1,384,057	$	1,345,805
Unregulated Energy segment (1)	250,849		245,702
Other businesses and eliminations	51,000		41,821
Total identifiable assets (1)	$	1,685,906	$	1,633,328