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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2024
Dec. 31, 2023
Property, Plant and Equipment    
Regulated Energy $ 2,600,087 $ 2,418,494
Unregulated Energy 426,127 410,807
Other businesses and eliminations 32,136 30,310
Total property, plant and equipment 3,058,350 2,859,611
Less: Accumulated depreciation and amortization (556,421) (516,429)
Property, Plant and Equipment, Net 2,658,109 2,456,374
Current Assets    
Cash and cash equivalents 1,609 4,904
Trade and other receivables 54,374 71,786
Accounts Receivable, Allowance for Credit Loss, Current (2,739) (2,699)
Accounts Receivable, before Allowance for Credit Loss, Current 57,113 74,485
Accrued revenue 23,634 32,597
Propane inventory, at average cost 6,781 9,313
Other inventory, at average cost 21,139 19,912
Regulatory assets 20,446 19,506
Storage gas prepayments 4,339 4,695
Income taxes receivable 12,563 3,829
Prepaid expenses 18,965 15,407
Derivative assets, at fair value 405 1,027
Other current assets 2,232 2,723
Total current assets 166,487 185,699
Deferred Charges and Other Assets    
Goodwill 507,852 508,174
Other intangible assets, net 15,475 16,865
Investments, at fair value 14,156 12,282
Operating Lease, Right-of-Use Asset 10,945 12,426
Regulatory assets 81,899 96,396
Receivables and other deferred charges 12,147 16,448
Total deferred charges and other assets 642,596 662,631
Total Assets 3,467,192 3,304,704
Stockholders’ equity    
Preferred stock, par value $0.01 per share (authorized 2,000 shares), no shares issued and outstanding 0 0
Common stock, par value $0.4867 per share (authorized 50,000 shares) 11,085 10,823
Additional paid-in capital 812,896 749,356
Retained earnings 528,426 488,663
Accumulated other comprehensive loss (4,135) (2,738)
Deferred compensation obligation 9,775 9,050
Treasury stock (9,775) (9,050)
Total stockholders’ equity 1,348,272 1,246,104 [1]
Total capitalization 2,521,228 2,433,179
Current Liabilities    
Less: current maturities 18,522 18,505
Short-term borrowing 214,753 179,853
Accounts payable 70,138 77,481
Customer deposits and refunds 47,408 46,427
Accrued interest 13,776 7,020
Dividends payable 14,492 13,119
Accrued compensation 14,495 16,544
Regulatory liabilities 14,762 13,719
Derivative liabilities, at fair value 633 354
Other accrued liabilities 25,832 13,362
Total current liabilities 434,811 386,384
Deferred Credits and Other Liabilities    
Deferred income taxes 289,208 259,082
Regulatory liabilities 190,512 195,279
Environmental liabilities 2,441 2,607
Other pension and benefit costs 16,327 15,330
Operating Lease, Liability, Noncurrent 9,157 10,550
Deferred investment tax credits and other liabilities 1,478 1,366
Total deferred credits and other liabilities 511,153 485,141
Environmental and other commitments and contingencies (Notes 5 and 6)
Total Capitalization and Liabilities 3,467,192 3,304,704
Other businesses and eliminations 32,136 30,310
Property, Plant and Equipment, Gross 3,058,350 2,859,611
Construction Work in Progress 156,180 113,192
Property, Plant and Equipment, Net 2,658,109 2,456,374
Trade and other receivables 54,374 71,786
Income taxes receivable 12,563 3,829
Other current assets 2,232 2,723
Assets, Current 166,487 185,699
Receivables and other deferred charges 12,147 16,448
Deferred Charges And Other Assets 642,596 662,631
Total identifiable assets 3,467,192 3,304,704
Regulated Energy 2,600,087 2,418,494
Unregulated Energy 426,127 410,807
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 556,421 516,429
Cash and cash equivalents 1,609 4,904
Accounts Receivable, before Allowance for Credit Loss, Current 57,113 74,485
Allowance for uncollectible accounts 2,739 2,699
Accrued revenue 23,634 32,597
Propane inventory, at average cost 6,781 9,313
Other inventory, at average cost 21,139 19,912
Regulatory assets 20,446 19,506
Storage gas prepayments 4,339 4,695
Prepaid expenses 18,965 15,407
Derivative assets, at fair value 405 1,027
Goodwill 507,852 508,174
Other intangible assets, net 15,475 16,865
Investments, at fair value 14,156 12,282
Operating Lease, Right-of-Use Asset 10,945 12,426
Regulatory assets 81,899 96,396
Preferred stock, par value $0.01 per share (authorized 2,000 shares), no shares issued and outstanding 0 0
Stockholders' Equity Attributable to Parent 1,348,272 1,246,104 [1]
Capitalization, Long-term Debt and Equity 2,521,228 2,433,179
Accounts payable 70,138 77,481
Other accrued liabilities 25,832 13,362
Liabilities, Current 434,811 386,384
Regulatory liabilities 190,512 195,279
Operating Lease, Liability, Noncurrent 9,157 10,550
Deferred investment tax credits and other liabilities 1,478 1,366
Deferred Credits and Other Liabilities 511,153 485,141
Environmental and other commitments and contingencies (Notes 5 and 6)
Liabilities and Equity 3,467,192 3,304,704
Common stock, par value $0.4867 per share (authorized 50,000 shares) 11,085 10,823
Additional paid-in capital 812,896 749,356
Retained earnings 528,426 488,663
Accumulated other comprehensive loss (4,135) (2,738)
Deferred compensation obligation 9,775 9,050
Treasury Stock, Value 9,775 9,050
Long-term Debt and Capital Lease Obligations, Net of Current Maturities 1,172,956 1,187,075
Less: current maturities 18,522 18,505
Short-term borrowing 214,753 179,853
Customer deposits and refunds 47,408 46,427
Accrued interest 13,776 7,020
Dividends payable 14,492 13,119
Accrued compensation 14,495 16,544
Regulatory liabilities 14,762 13,719
Energy Marketing Contract Liabilities, Current 633 354
Deferred income taxes 289,208 259,082
Environmental liabilities 2,441 2,607
Other pension and benefit costs 16,327 15,330
Energy Marketing Contracts Assets, Noncurrent 122 40
Energy Marketing Contract Liabilities, Noncurrent 2,030 $ 927
Accrued compensation $ (2,331)  
[1] Includes 4.4 million shares issued during 2023 related to the acquisition of FCG. See Notes 3 and 9 for details associated with the FCG acquisition and related financing.