Segment Information (Tables)

3 Months Ended

Mar. 31, 2024

Segment Reporting [Abstract]

Schedule of Segment Reporting Information by Segment

The following table presents financial information about our reportable segments:

	Three Months Ended
	March 31,
	2024		2023
(in thousands)
Operating Revenues, Unaffiliated Customers
Regulated Energy	$	167,927	$	141,621
Unregulated Energy	77,817		76,508
Total operating revenues, unaffiliated customers	$	245,744	$	218,129
Intersegment Revenues (1)
Regulated Energy	$	499	$	649
Unregulated Energy	5,286		6,657
Other businesses	45		45
Total intersegment revenues	$	5,830	$	7,351
Operating Income
Regulated Energy	$	58,109	$	37,625
Unregulated Energy	21,429		17,245
Other businesses and eliminations	47		45
Operating income	79,585		54,915
Other income, net	195		276
Interest charges	17,026		7,232
Income Before Income Taxes	62,754		47,959
Income taxes	16,586		11,615
Net Income	$	46,168	$	36,344

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

(in thousands)	March 31, 2024		December 31, 2023
Identifiable Assets
Regulated Energy segment	$	2,830,632	$	2,781,581
Unregulated Energy segment	459,825		477,402
Other businesses and eliminations	41,427		45,721
Total Identifiable Assets	$	3,331,884	$	3,304,704