Segment Information (Tables)

9 Months Ended

Sep. 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				Nine Months Ended
	September 30,				September 30,
	2022		2021		2022		2021
(in thousands)
Operating Revenues, Unaffiliated Customers
Regulated Energy	$	90,270	$	79,892	$	306,159	$	280,987
Unregulated Energy	40,783		27,443		187,244		128,617
Total operating revenues, unaffiliated customers	$	131,053	$	107,335	$	493,403	$	409,604
Intersegment Revenues (1)
Regulated Energy	$	710	$	504	$	4,905	$	1,516
Unregulated Energy	7,131		4,666		14,950		13,024
Other businesses	45		132		737		397
Total intersegment revenues	$	7,886	$	5,302	$	20,592	$	14,937
Operating Income/(Loss)
Regulated Energy	$	23,663	$	23,370	$	84,202	$	78,835
Unregulated Energy	(5,056)		(2,952)		15,557		15,624
Other businesses and eliminations	41		(305)		222		(171)
Operating income	18,648		20,113		99,981		94,288
Other income, net	957		327		4,454		2,155
Interest charges	6,240		4,975		17,404		15,134
Income before Income Taxes	13,365		15,465		87,031		81,309
Income Taxes	3,703		2,990		23,385		20,555
Net Income	$	9,662	$	12,475	$	63,646	$	60,754

    

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

(in thousands)	September 30, 2022		December 31, 2021
Identifiable Assets
Regulated Energy segment	$	1,665,205	$	1,629,191
Unregulated Energy segment	441,843		439,114
Other businesses and eliminations	50,374		46,564
Total identifiable assets	$	2,157,422	$	2,114,869