Segment Information (Tables)

9 Months Ended

Sep. 30, 2021

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,
	2021		2020		2021		2020
(in thousands)
Operating Revenues, Unaffiliated Customers
Regulated Energy	$	79,892	$	82,297	$	280,987	$	257,810
Unregulated Energy	27,443		19,122		128,617		93,350
Total operating revenues, unaffiliated customers	$	107,335	$	101,419	$	409,604	$	351,160
Intersegment Revenues (1)
Regulated Energy	$	504	$	465	$	1,516	$	1,425
Unregulated Energy	4,666		3,592		13,024		11,116
Other businesses	132		131		397		396
Total intersegment revenues	$	5,302	$	4,188	$	14,937	$	12,937
Operating Income
Regulated Energy	$	23,538	$	20,482	$	79,210	$	66,376
Unregulated Energy	(2,883)		(3,092)		15,777		11,050
Other businesses and eliminations	(542)		16		(699)		92
Operating income	20,113		17,406		94,288		77,518
Other income (expense), net	339		(40)		2,180		2,997
Interest charges	4,975		4,584		15,134		15,452
Income from Continuing Operations before Income Taxes	15,477		12,782		81,334		65,063
Income Taxes on Continuing Operations	2,993		3,502		20,563		16,082
Income from Continuing Operations	12,484		9,280		60,771		48,981
Income (Loss) from Discontinued Operations, Net of Tax	(9)		(19)		(17)		165
Net Income	$	12,475	$	9,261	$	60,754	$	49,146

    

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

(in thousands)	September 30, 2021		December 31, 2020
Identifiable Assets
Regulated Energy segment	$	1,592,950	$	1,547,619
Unregulated Energy segment	381,642		347,665
Other businesses and eliminations	47,236		37,203
Total identifiable assets	$	2,021,828	$	1,932,487