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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Operating activities:      
Net income $ 56,597 $ 67,103 $ 63,445
Adjustments to reconcile net income to cash flows from operating activities:      
Depreciation and amortization including regulatory items 88,801 82,754 71,734
Pension and other postretirement benefit costs, net of contributions (9,184) 1,973 (1,888)
Deferred income taxes and unamortized investment tax credit, net 36,617 41,693 28,272
Allowance for equity funds used during construction (4,850) (6,420) (3,853)
Stock compensation expense 4,082 4,057 2,984
Other (625)    
Loss on plant disallowance   86 2,409
Reverse gain on sale of assets   44 1,236
Non-cash (gain)/loss on derivatives 6,994 1,245 14
Cash flows impacted by changes in:      
Accounts receivable and accrued unbilled revenues 16,514 (24,174) (14,312)
Fuel, materials and supplies (3,151) (8,121) 10,891
Prepaid expenses, other current assets and deferred charges (4,863) (6,051) 689
Accounts payable and accrued liabilities (8,630) 1,141 (880)
Asset retirement obligations (73) (1,326) (734)
Interest, taxes accrued and customer deposits 1,111 1,411 1,386
Other liabilities and other deferred credits 5,492 (4,192) (3,942)
Net cash provided by operating activities 184,832 151,223 157,451
Investing activities:      
Capital expenditures - regulated (183,206) (211,429) (152,524)
Capital expenditures and other investments - non-regulated (2,243) (1,998) (2,259)
Restricted cash   (1,854) 1,485
Net cash used in investing activities (185,449) (215,281) (153,298)
Financing activities:      
Proceeds from first mortgage bonds, net 60,000 60,000 150,000
Long-term debt issuance costs (818) (651) (1,879)
Proceeds from issuance of common stock, net of issuance costs 5,513 7,994 9,546
Redemption of senior notes     (98,000)
Net short-term debt borrowings/(repayments) (19,000) 40,000 (20,000)
Dividends (45,430) (44,381) (43,006)
Other   (274) (714)
Net cash provided by financing activities 265 62,688 (4,053)
Net increase (decrease) in cash and cash equivalents (352) (1,370) 100
Cash and cash equivalents at beginning of period 2,105 3,475 3,375
Cash and cash equivalents at end of period 1,753 2,105 3,475
Supplemental cash flow information:      
Interest paid 42,858 40,127 39,033
Income taxes (refunded) paid, net of refund (17,256) 23,103 10,584
Supplementary non-cash investing activities:      
Change in accrued additions to property, plant and equipment not reported above (8,924) $ 9,427 $ 5,420
Capital lease obligations for purchase of new equipment $ 17