XML 147 R5.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Property, Plant and Equipment    
Regulated Energy $ 1,564,420 $ 1,441,473
Unregulated Energy 278,897 265,209
Other businesses and eliminations 30,365 39,850
Total property, plant and equipment 1,873,682 1,746,532
Less: Accumulated depreciation and amortization (358,851) (336,876)
Plus: Construction work in progress 52,519 54,141
Net property, plant and equipment 1,567,350 1,463,797
Current Assets    
Cash and cash equivalents 3,056 6,985
Trade and other receivables 49,002 49,562
Accounts Receivable, Allowance for Credit Loss, Current (4,130) (1,337)
Accounts Receivable, before Allowance for Credit Loss, Current 53,132 50,899
Accrued revenue 11,545 20,846
Propane inventory, at average cost 4,099 5,824
Other inventory, at average cost 5,583 6,067
Regulatory assets 10,372 5,144
Storage gas prepayments 2,971 3,541
Income taxes receivable 15,156 20,050
Prepaid expenses 14,817 13,928
Derivative assets, at fair value 1,967 0
Other current assets 753 2,879
Total current assets 119,321 134,826
Deferred Charges and Other Assets    
Goodwill 36,930 32,668
Other intangible assets, net 7,215 8,129
Investments, at fair value 9,680 9,229
Operating Lease, Right-of-Use Asset 11,077 11,563
Regulatory assets 112,650 73,407
Receivables and other deferred charges 23,865 49,579
Total deferred charges and other assets 201,417 184,575
Total Assets 1,888,088 1,783,198
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) 8,126 7,984
Additional paid-in capital 283,836 259,253
Retained earnings 328,357 300,607
Accumulated other comprehensive loss (3,629) (6,267)
Deferred compensation obligation 5,634 4,543
Treasury stock (5,634) (4,543)
Total stockholders’ equity [1] 616,690 561,577
Long-term debt, net of current maturities 519,971 440,168
Total capitalization 1,136,661 1,001,745
Current Liabilities    
Less: current maturities 15,600 45,600
Short-term borrowing 216,388 247,371
Accounts payable 46,492 54,068
Customer deposits and refunds 32,635 30,939
Accrued interest 5,231 2,554
Dividends payable 7,293 6,644
Accrued compensation 10,903 16,236
Regulatory liabilities 6,460 5,991
Derivative liabilities, at fair value 439 1,844
Other accrued liabilities 18,531 12,077
Total current liabilities 359,972 423,324
Deferred Credits and Other Liabilities    
Deferred income taxes 202,649 180,656
Regulatory liabilities 142,280 127,744
Environmental liabilities 4,447 6,468
Other pension and benefit costs 27,462 30,569
Operating Lease, Liability, Noncurrent 9,681 9,896
Deferred investment tax credits and other liabilities 4,936 2,796
Total deferred credits and other liabilities 391,455 358,129
Environmental and other commitments and contingencies (Notes 5 and 6)
Total Capitalization and Liabilities $ 1,888,088 $ 1,783,198
[1] 2,000,000 shares of preferred stock at $0.01 par value have been authorized. No shares have been issued or are outstanding; accordingly, no information has been included in the statements of stockholders’ equity.