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Unaudited Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
CASH FLOWS FROM OPERATIONS:    
Net income $ 38,784 $ 35,983
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 63,089 60,708
Amortization of redemption premiums and expense on debt 998 1,100
Deferred income taxes and investment tax credit adjustments - net 922 2,467
Allowance for equity funds used during construction (1,374) (857)
Change in certain assets and liabilities:    
Accounts receivable 4,458 4,655
Inventories 12,568 (8,265)
Increase (Decrease) in Accounts Payable 3,610 (7,940)
Increase (Decrease) in Accrued Liabilities and Other Operating Liabilities (6,271) (2,514)
Accrued real estate and personal property taxes 20,419 15,382
Accrued interest 11,181 2,599
Pension and other postretirement benefit expenses 46 (1,726)
Short-term and long-term regulatory assets and liabilities (14,905) (3,226)
Increase (Decrease) in Prepaid Expense and Other Assets 23,599 5,488
Other - net (2,038) 4,698
Net cash provided by operating activities 107,888 97,576
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (62,792) (54,490)
Project development costs (386) (751)
Cost of removal and regulatory recoverable ARO payments (6,589) (7,962)
Net cash used in investing activities (69,767) (63,203)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayments of Lines of Credit (45,000) 0
Distributions to Shareholders 30,073 26,631
Payments of Deferred Finance Costs (270) 0
Proceeds from Lines of Credit 60,000 0
Preferred dividends of subsidiary (803) (803)
Net cash used in financing activities (16,146) (27,434)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect 21,975 6,939
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 48,597 55,491
Supplemental disclosures of cash flow information:    
Capital Expenditures Incurred but Not yet Paid 46,060 28,184
Cash paid during the period for:    
Interest (net of amount capitalized) 18,512 26,438
Net income 38,784 35,983
Depreciation and amortization 63,089 60,708
Amortization of redemption premiums and expense on debt 998 1,100
Deferred income taxes and investment tax credit adjustments - net 922 2,467
Increase (Decrease) in Allowance for Equity Funds Used During Construction 1,374 857
Increase (Decrease) in Regulatory Assets and Liabilities 14,905 3,226
Increase (Decrease) in Prepaid Expense and Other Assets 23,599 5,488
Other - net (2,038) 4,698
Net Cash Provided by (Used in) Operating Activities 107,888 97,576
Increase (Decrease) in Accounts Receivable (4,458) (4,655)
Increase (Decrease) in Inventories (12,568) 8,265
Increase (Decrease) in Accounts Payable 3,610 (7,940)
Increase (Decrease) in Accrued Liabilities and Other Operating Liabilities (6,271) (2,514)
Increase (Decrease) in Property and Other Taxes Payable 20,419 15,382
Accrued interest 11,181 2,599
Pension and other postretirement benefit expenses $ 46 $ (1,726)