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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Property, Plant and Equipment    
Regulated Energy $ 1,595,744 $ 1,577,576
Unregulated Energy 306,291 300,647
Other businesses and eliminations 34,439 30,769
Total property, plant and equipment 1,936,474 1,908,992
Less: Accumulated depreciation and amortization (380,839) (368,743)
Plus: Construction work in progress 80,061 60,929
Net property, plant and equipment 1,635,696 1,601,178
Current Assets    
Cash and cash equivalents 5,575 3,499
Trade and other receivables 58,066 56,890
Accounts Receivable, Allowance for Credit Loss, Current (4,243) (4,785)
Accounts Receivable, before Allowance for Credit Loss, Current 62,309 61,675
Accrued revenue 20,835 21,527
Propane inventory, at average cost 6,229 5,906
Other inventory, at average cost 5,884 5,539
Regulatory assets 9,145 10,786
Storage gas prepayments 417 2,455
Income taxes receivable 6,792 12,885
Prepaid expenses 11,512 13,239
Derivative assets, at fair value 3,462 3,269
Other current assets 635 436
Total current assets 128,552 136,431
Deferred Charges and Other Assets    
Goodwill 38,731 38,731
Other intangible assets, net 7,958 8,292
Investments, at fair value 10,883 10,776
Operating Lease, Right-of-Use Asset 10,510 11,194
Regulatory assets 111,566 113,806
Receivables and other deferred charges 10,054 12,079
Total deferred charges and other assets 189,702 194,878
Total Assets 1,953,950 1,932,487
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) 8,528 8,499
Additional paid-in capital 350,875 348,482
Retained earnings 369,623 342,969
Accumulated other comprehensive loss (2,638) (2,865)
Deferred compensation obligation 6,992 5,679
Treasury stock (6,992) (5,679)
Total stockholders’ equity [1] 726,388 697,085
Long-term debt, net of current maturities 508,525 508,499
Total capitalization 1,234,913 1,205,584
Current Liabilities    
Less: current maturities 13,600 13,600
Short-term borrowing 156,123 175,644
Accounts payable 58,167 60,253
Customer deposits and refunds 32,455 33,302
Accrued interest 4,837 2,905
Dividends payable 7,709 7,683
Accrued compensation 8,990 13,994
Regulatory liabilities 19,677 6,284
Derivative liabilities, at fair value 84 127
Other accrued liabilities 14,360 15,240
Total current liabilities 316,002 329,032
Deferred Credits and Other Liabilities    
Deferred income taxes 211,801 205,388
Regulatory liabilities 143,291 142,736
Environmental liabilities 4,052 4,299
Other pension and benefit costs 29,856 30,673
Operating Lease, Liability, Noncurrent 9,125 9,872
Deferred investment tax credits and other liabilities 4,910 4,903
Total deferred credits and other liabilities 403,035 397,871
Environmental and other commitments and contingencies (Notes 5 and 6)
Total Capitalization and Liabilities $ 1,953,950 $ 1,932,487
[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.