Segment Information Segment Information (Tables)

12 Months Ended

Dec. 31, 2019

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment [Table Text Block]

The following table presents information about our reportable segments.

	For the Year Ended December 31,
	2019			2018			2017
(in thousands)
Operating Revenues, Unaffiliated Customers
Regulated Energy	$	340,857		$	343,313		$	323,972
Unregulated Energy	138,747			147,003			125,674
Total operating revenues, unaffiliated customers	$	479,604		$	490,316		$	449,646
Intersegment Revenues (1)
Regulated Energy	$	2,149		$	1,968		$	2,338
Unregulated Energy	15,403			14,902			14,402
Other businesses	528			652			774
Total intersegment revenues	$	18,080		$	17,522		$	17,514
Operating Income
Regulated Energy	$	86,584		$	79,215		$	74,584
Unregulated Energy	19,939			17,124			14,941
Other businesses and eliminations	(236		)	(1,496		)	205
Operating Income	106,287			94,843			89,730
Other expense, net	(1,830		)	(603		)	(2,204		)
Interest charges	22,224			16,146			12,530
Income from Continuing Operations before Income Taxes	$	82,233		$	78,094		$	74,996
Income Taxes on Continuing Operations	21,091			21,232			14,670
Income from Continuing Operations	61,142			56,862			60,326
Loss from Discontinued Operations, Net of tax	(1,391		)	(282		)	(2,202		)
Gain on sale of Discontinued Operations, Net of tax	5,402			—			—
Net Income	$	65,153		$	56,580		$	58,124
Depreciation and Amortization
Regulated Energy	$	35,227		$	31,876		$	28,554
Unregulated Energy	10,129			8,263			7,741
Other businesses and eliminations	67			81			91
Total depreciation and amortization	$	45,423		$	40,220		$	36,386
Capital Expenditures
Regulated Energy	$	130,604		$	235,912		$	159,011
Unregulated Energy	60,034			38,585			14,424
Other businesses	8,348			8,364			5,902
Total capital expenditures	$	198,986		$	282,861		$	179,337

 

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

	As of December 31,
	2019		2018
Identifiable Assets (1)
Regulated Energy segment	$	1,434,066	$	1,345,805
Unregulated Energy segment (1)	296,810		245,702
Other businesses and eliminations	52,322		41,821
Total identifiable assets (1)	$	1,783,198	$	1,633,328