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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Property, Plant and Equipment    
Regulated Energy $ 1,441,473 $ 1,297,416
Unregulated Energy 265,209 236,440
Other businesses and eliminations 39,850 34,585
Total property, plant and equipment 1,746,532 1,568,441
Less: Accumulated depreciation and amortization (336,876) (294,089)
Plus: Construction work in progress 54,141 79,168
Net property, plant and equipment 1,463,797 1,353,520
Current Assets    
Cash and cash equivalents 6,985 6,089
Accounts receivable (less allowance for uncollectible accounts of $1,337 and $1,058, respectively) 49,562 53,837
Accrued revenue 20,846 22,640
Propane inventory, at average cost 5,824 9,791
Other inventory, at average cost 6,067 7,127
Regulatory assets 5,144 4,796
Storage gas prepayments 3,541 3,433
Income taxes receivable 20,050 15,300
Prepaid expenses 13,928 10,079
Derivative assets, at fair value 0 82
Other current assets 2,879 5,682
Disposal Group, Including Discontinued Operation, Assets, Current 0 52,681
Total current assets 134,826 191,537
Deferred Charges and Other Assets    
Goodwill 32,668 21,568
Other intangible assets, net 8,129 3,850
Investments, at fair value 9,229 6,711
Operating Lease, Right-of-Use Asset 11,563  
Regulatory assets 73,407 72,422
Receivables and other deferred charges 49,579 36,401
Disposal Group, Including Discontinued Operation, Assets, Noncurrent 0 7,662
Total deferred charges and other assets 184,575 148,614
Total Assets 1,783,198 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) 7,984 7,971
Additional paid-in capital 259,253 255,651
Retained earnings 300,607 261,530
Accumulated other comprehensive loss (6,267) (6,713)
Deferred compensation obligation 4,543 3,854
Treasury stock (4,543) (3,854)
Total stockholders’ equity 561,577 518,439
Long-term debt, net of current maturities 440,168 316,020
Total capitalization 1,001,745 834,459
Current Liabilities    
Current portion of long-term debt 45,600 11,935
Short-term borrowing 247,371 294,458
Accounts payable 54,068 98,681
Customer deposits and refunds 30,939 32,620
Accrued interest 2,554 2,317
Dividends payable 6,644 6,060
Accrued compensation 16,236 13,923
Regulatory liabilities 5,991 7,883
Derivative liabilities, at fair value 1,844 1,604
Other accrued liabilities 12,077 10,081
Disposal Group, Including Discontinued Operation, Liabilities [1]   48,672
Total current liabilities 423,324 528,234
Deferred Credits and Other Liabilities    
Deferred income taxes 180,656 156,820
Regulatory liabilities 127,744 135,039
Environmental liabilities 6,468 7,638
Other pension and benefit costs 30,569 28,513
Operating Lease, Liability, Noncurrent 9,896  
Operating Lease, Liability 11,601  
Deferred investment tax credits and other liabilities 2,796 2,968
Total deferred credits and other liabilities 358,129 330,978
Commitments and Contingencies
Total Capitalization and Liabilities $ 1,783,198 $ 1,693,671
[1]
(3) At December 31, 2018, current liabilities were primarily comprised of $31.1 million of accounts payable, $13.3 million of derivative liabilities at fair value and $2.7 million of other accrued liabilities.