Segment Information (Tables)

6 Months Ended

Jun. 30, 2022

Segment Reporting [Abstract]

Schedule of Segment Reporting Information by Segment

The following table presents financial information about our reportable segments:

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2022		2021		2022		2021
(in thousands)
Operating Revenues, Unaffiliated Customers
Regulated Energy	$	91,830	$	80,374	$	215,888	$	201,095
Unregulated Energy	47,640		30,708		146,462		101,173
Total operating revenues, unaffiliated customers	$	139,470	$	111,082	$	362,350	$	302,268
Intersegment Revenues (1)
Regulated Energy	$	363	$	536	$	4,196	$	1,012
Unregulated Energy	5,823		4,065		7,819		8,358
Other businesses	85		133		691		265
Total intersegment revenues	$	6,271	$	4,734	$	12,706	$	9,635
Operating Income
Regulated Energy	$	25,841	$	22,760	$	60,539	$	55,466
Unregulated Energy	560		(465)		20,613		18,575
Other businesses and eliminations	68		283		182		134
Operating income	26,469		22,578		81,334		74,175
Other income, net	2,584		1,453		3,498		1,828
Interest charges	5,825		5,054		11,164		10,159
Income before Income Taxes	23,228		18,977		73,668		65,844
Income Taxes	6,177		5,164		19,683		17,565
Net Income	$	17,051	$	13,813	$	53,985	$	48,279

    

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

(in thousands)	June 30, 2022		December 31, 2021
Identifiable Assets
Regulated Energy segment	$	1,637,003	$	1,629,191
Unregulated Energy segment	447,209		439,114
Other businesses and eliminations	33,130		46,564
Total identifiable assets	$	2,117,342	$	2,114,869