Segment Information (Tables)

6 Months Ended

Jun. 30, 2023

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,
	2023		2022		2023		2022
(in thousands)
Operating Revenues, Unaffiliated Customers
Regulated Energy	$	100,657	$	91,830	$	242,279	$	215,888
Unregulated Energy	34,936		47,640		111,443		146,462
Total operating revenues, unaffiliated customers	$	135,593	$	139,470	$	353,722	$	362,350
Intersegment Revenues (1)
Regulated Energy	$	484	$	363	$	1,132	$	4,196
Unregulated Energy	5,816		5,823		12,473		7,819
Other businesses	45		85		91		691
Total intersegment revenues	$	6,345	$	6,271	$	13,696	$	12,706
Operating Income
Regulated Energy	$	29,291	$	25,841	$	66,916	$	60,539
Unregulated Energy	(993)		560		16,252		20,613
Other businesses and eliminations	48		68		93		182
Operating income	28,346		26,469		83,261		81,334
Other income, net	831		2,584		1,107		3,498
Interest charges	6,964		5,825		14,196		11,164
Income Before Income Taxes	22,213		23,228		70,172		73,668
Income Taxes	6,080		6,177		17,695		19,683
Net Income	$	16,133	$	17,051	$	52,477	$	53,985

    

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

(in thousands)	June 30, 2023		December 31, 2022
Identifiable Assets
Regulated Energy segment	$	1,707,605	$	1,716,255
Unregulated Energy segment	448,217		463,239
Other businesses and eliminations	48,668		35,543
Total Identifiable Assets	$	2,204,490	$	2,215,037