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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Property, Plant and Equipment    
Regulated Energy $ 1,643,904 $ 1,577,576
Unregulated Energy 309,139 300,647
Other businesses and eliminations 34,767 30,769
Total property, plant and equipment 1,987,810 1,908,992
Less: Accumulated depreciation and amortization (393,111) (368,743)
Plus: Construction work in progress 78,187 60,929
Net property, plant and equipment 1,672,886 1,601,178
Current Assets    
Cash and cash equivalents 5,011 3,499
Trade and other receivables 41,311 56,890
Accounts Receivable, Allowance for Credit Loss, Current (3,895) (4,785)
Accounts Receivable, before Allowance for Credit Loss, Current 45,206 61,675
Accrued revenue 13,370 21,527
Propane inventory, at average cost 6,076 5,906
Other inventory, at average cost 6,524 5,539
Regulatory assets 9,429 10,786
Storage gas prepayments 2,385 2,455
Income taxes receivable 8,371 12,885
Prepaid expenses 9,497 13,239
Derivative assets, at fair value 8,056 3,269
Other current assets 523 436
Total current assets 110,553 136,431
Deferred Charges and Other Assets    
Goodwill 38,803 38,731
Other intangible assets, net 7,625 8,292
Investments, at fair value 11,745 10,776
Operating Lease, Right-of-Use Asset 10,020 11,194
Regulatory assets 109,244 113,806
Receivables and other deferred charges 11,464 12,079
Total deferred charges and other assets 188,901 194,878
Total Assets 1,972,340 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) 8,550 8,499
Additional paid-in capital 357,520 348,482
Retained earnings 374,936 342,969
Accumulated other comprehensive income (loss) 558 (2,865)
Deferred compensation obligation 7,203 5,679
Treasury stock (7,203) (5,679)
Total stockholders’ equity 741,564 [1] 697,085
Long-term debt, net of current maturities 498,450 508,499
Total capitalization 1,240,014 1,205,584
Current Liabilities    
Less: current maturities 13,600 13,600
Short-term borrowing 169,294 175,644
Accounts payable 49,408 60,253
Customer deposits and refunds 33,983 33,302
Accrued interest 2,697 2,905
Dividends payable 8,433 7,683
Accrued compensation 10,767 13,994
Regulatory liabilities 13,911 6,284
Derivative liabilities, at fair value 351 127
Other accrued liabilities 19,812 15,240
Total current liabilities 322,256 329,032
Deferred Credits and Other Liabilities    
Deferred income taxes 219,490 205,388
Regulatory liabilities 143,681 142,736
Environmental liabilities 3,904 4,299
Other pension and benefit costs 29,463 30,673
Operating Lease, Liability, Noncurrent 8,719 9,872
Deferred investment tax credits and other liabilities 4,813 4,903
Total deferred credits and other liabilities 410,070 397,871
Environmental and other commitments and contingencies (Notes 5 and 6)
Total Capitalization and Liabilities $ 1,972,340 $ 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.