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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Dec. 31, 2024
Property, Plant and Equipment    
Regulated Energy $ 2,789,200 $ 2,661,800
Unregulated Energy 482,200 463,700
Other Businesses and Eliminations 37,700 29,900
Total property, plant and equipment 3,309,100 3,155,400
Less: Accumulated depreciation and amortization (600,300) (567,600)
Property, Plant and Equipment, Net 2,908,000 2,735,900
Current Assets    
Cash and cash equivalents 1,500 7,900
Trade and other receivables 84,100 76,700
Accounts Receivable, Allowance for Credit Loss, Current (4,962) (3,291)
Accounts Receivable, before Allowance for Credit Loss, Current 89,100 80,000
Accrued revenue 26,900 37,800
Propane inventory, at average cost 6,700 8,900
Other inventory, at average cost 18,400 18,000
Regulatory assets 20,800 23,900
Storage gas prepayments 3,600 3,800
Income taxes receivable 10,700 6,800
Prepaid expenses 16,400 17,300
Derivative assets, at fair value 300 600
Other current assets 2,900 2,600
Total current assets 192,300 204,300
Deferred Charges and Other Assets    
Goodwill 507,700 507,700
Other intangible assets, net 14,000 15,000
Investments, at fair value 15,900 14,400
Operating Lease, Right-of-Use Asset 9,600 10,500
Regulatory assets 76,100 77,400
Receivables and other deferred charges 14,100 11,700
Total deferred charges and other assets 637,500 636,800
Total Assets 3,737,800 3,577,000
Stockholders’ equity    
Preferred stock, par value $0.01 per share (authorized 2,000,000 shares), no shares issued and outstanding 0 0
Common stock, par value $0.4867 per share (authorized 50,000,000 shares) 11,400 11,100
Additional paid-in capital 896,400 830,500
Retained earnings 594,100 550,300
Accumulated other comprehensive loss (2,800) (1,700)
Deferred compensation obligation 12,500 9,800
Treasury stock (12,500) (9,800)
Total stockholders’ equity 1,499,100 1,390,200
Total capitalization 2,748,700 2,651,900
Current Liabilities    
Less: current maturities 25,500 25,500
Short-term borrowing 245,300 196,500
Accounts payable 69,100 78,300
Customer deposits and refunds 48,100 45,700
Accrued interest 4,900 4,800
Dividends payable 16,000 14,700
Accrued compensation 12,200 23,900
Regulatory liabilities 16,100 16,100
Derivative liabilities, at fair value 200 0
Other accrued liabilities 22,400 13,900
Total current liabilities 459,800 419,400
Deferred Credits and Other Liabilities    
Deferred income taxes 315,700 296,100
Regulatory liabilities 185,900 184,000
Environmental liabilities 2,800 2,200
Other pension and benefit costs 14,300 13,200
Operating Lease, Liability, Noncurrent 8,000 8,700
Deferred investment tax credits and other liabilities 1,400 1,400
Total deferred credits and other liabilities 529,300 505,700
Total Capitalization and Liabilities 3,737,800 3,577,000
Other Businesses and Eliminations 37,700 29,900
Property, Plant and Equipment, Gross 3,309,100 3,155,400
Construction Work in Progress 199,200 148,100
Property, Plant and Equipment, Net 2,908,000 2,735,900
Trade and other receivables 84,100 76,700
Income taxes receivable 10,700 6,800
Other current assets 2,900 2,600
Assets, Current 192,300 204,300
Receivables and other deferred charges 14,100 11,700
Deferred Charges And Other Assets 637,500 636,800
Total identifiable assets 3,737,800 3,577,000
Regulated Energy 2,789,200 2,661,800
Unregulated Energy 482,200 463,700
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 600,300 567,600
Cash and cash equivalents 1,500 7,900
Accounts Receivable, before Allowance for Credit Loss, Current 89,100 80,000
Allowance for uncollectible accounts 4,962 3,291
Accrued revenue 26,900 37,800
Propane inventory, at average cost 6,700 8,900
Other inventory, at average cost 18,400 18,000
Regulatory assets 20,800 23,900
Storage gas prepayments 3,600 3,800
Prepaid expenses 16,400 17,300
Derivative assets, at fair value 300 600
Goodwill 507,700 507,700
Other intangible assets, net 14,000 15,000
Investments, at fair value 15,900 14,400
Operating Lease, Right-of-Use Asset 9,600 10,500
Regulatory assets 76,100 77,400
Preferred stock, par value $0.01 per share (authorized 2,000,000 shares), no shares issued and outstanding 0 0
Stockholders' Equity Attributable to Parent 1,499,100 1,390,200
Capitalization, Long-term Debt and Equity 2,748,700 2,651,900
Accounts payable 69,100 78,300
Other accrued liabilities 22,400 13,900
Liabilities, Current 459,800 419,400
Regulatory liabilities 185,900 184,000
Operating Lease, Liability, Noncurrent 8,000 8,700
Deferred investment tax credits and other liabilities 1,400 1,400
Deferred Credits and Other Liabilities 529,300 505,700
Liabilities and Equity 3,737,800 3,577,000
Common stock, par value $0.4867 per share (authorized 50,000,000 shares) 11,400 11,100
Additional paid-in capital 896,400 830,500
Retained earnings 594,100 550,300
Accumulated other comprehensive loss (2,800) (1,700)
Deferred compensation obligation 12,500 9,800
Treasury Stock, Value 12,500 9,800
Long-term Debt and Capital Lease Obligations, Net of Current Maturities 1,249,600 1,261,700
Less: current maturities 25,500 25,500
Short-term borrowing 245,300 196,500
Customer deposits and refunds 48,100 45,700
Accrued interest 4,900 4,800
Dividends payable 16,000 14,700
Accrued compensation 12,200 23,900
Regulatory liabilities 16,100 16,100
Energy Marketing Contract Liabilities, Current 200 0
Deferred income taxes 315,700 296,100
Environmental liabilities 2,800 2,200
Other pension and benefit costs 14,300 13,200
Energy Marketing Contracts Assets, Noncurrent 100 100
Energy Marketing Contract Liabilities, Noncurrent 1,200 $ 100
Accrued compensation $ (12,100)