Business segment data (Tables)

9 Months Ended

Sep. 30, 2024

Schedule of Information on the Company's businesses

Information on the Company's segments was as follows:


	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2024		2023		2024		2023
	(In thousands)
External operating revenues:
Regulated operations:
Electric	$	108,384	$	108,089	$	315,268	$	294,775
Natural gas distribution	133,517		134,896		794,418		919,487
Pipeline	44,152		36,549		102,929		79,697
	286,053		279,534		1,212,615		1,293,959
Non-regulated operations:
Pipeline	3,476		3,855		9,542		9,389
Construction services	760,986		717,406		2,089,711		2,218,672
Other	1		—		18		—
	764,463		721,261		2,099,271		2,228,061
Total external operating revenues	$	1,050,516	$	1,000,795	$	3,311,886	$	3,522,020

Intersegment operating revenues:
Regulated operations:
Electric	$	96	$	27	$	188	$	82
Natural gas distribution	104		69		209		208
Pipeline	3,904		3,666		43,033		37,624
	4,104		3,762		43,430		37,914
Non-regulated operations:
Pipeline	27		35		263		265
Construction services	—		—		336		—
Other	1,432		1,689		4,265		6,412
	1,459		1,724		4,864		6,677
Total intersegment operating revenues	$	5,563	$	5,486	$	48,294	$	44,591

Operating income (loss):
Electric	$	32,079	$	28,718	$	73,498	$	71,372
Natural gas distribution	(14,695)		(15,258)		44,747		45,674
Pipeline	22,179		17,767		68,101		44,693
Construction services	53,709		50,091		143,902		139,619
Other	(2,468)		3,286		(13,751)		(16,201)
Total operating income	$	90,804	$	84,604	$	316,497	$	285,157

Income (loss) from continuing operations:
Regulated operations:
Electric	$	24,292	$	20,942	$	57,689	$	53,887
Natural gas distribution	(17,481)		(17,764)		17,581		18,007
Pipeline	14,810		11,450		47,054		29,029
	21,621		14,628		122,324		100,923
Non-regulated operations:
Pipeline	374		508		447		337
Construction services	41,767		35,975		108,953		105,951
Other	(1,603)		27,107		(8,093)		102,515
	40,538		63,590		101,307		208,803
Income from continuing operations	62,159		78,218		223,631		309,726
Discontinued operations, net of tax	2,456		(3,289)		2,319		(65,752)
Net income	$	64,615	$	74,929	$	225,950	$	243,974

Schedule of Reconciliation of Revenue from Segments to Consolidated

A reconciliation of reportable segment operating revenues to consolidated operating revenues is as follows:


	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2024		2023		2024		2023
	(In thousands)
Operating revenues reconciliation:
Total reportable segment operating revenues	$	1,054,646	$	1,004,592	$	3,355,897	$	3,560,199
Other revenue	1,433		1,689		4,283		6,412
Elimination of intersegment operating revenues	(5,563)		(5,486)		(48,294)		(44,591)
Total consolidated operating revenues	$	1,050,516	$	1,000,795	$	3,311,886	$	3,522,020