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Consolidated Statement of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Operating activities:    
Net income $ 34,544 $ 30,620
Adjustments to reconcile net income to cash provided by operations:    
Depreciation and amortization 63,924 61,435
Regulatory amortization of gas reserves 12,036 11,403
Deferred income taxes 17,287 17,810
Qualified defined benefit pension plan expense 3,923 3,989
Contributions to qualified defined benefit pension plans (15,400) (11,250)
Deferred environmental expenditures, net (10,468) (8,302)
Regulatory disallowance of prior environmental cost deferrals 0 3,287
Amortization of environmental remediation 10,920 8,113
Other 2,605 4,817
Changes in assets and liabilities:    
Receivables, net 90,735 83,377
Inventories (5,420) 3,226
Income taxes 146 7,170
Accounts payable (29,726) (17,612)
Interest accrued 3,888 3,798
Deferred gas costs 13,419 (10,470)
Other, net 443 14,988
Cash provided by operating activities 192,856 206,399
Investing activities:    
Capital expenditures (145,441) (98,111)
Other (1,131) 2,868
Cash used in investing activities (146,572) (95,243)
Financing activities:    
Repurchases related to stock-based compensation (2,034) (1,042)
Proceeds from stock options exercised 3,711 5,874
Long-term debt issued 100,000 0
Long-term debt retired 40,000 0
Change in short-term debt (53,300) (75,135)
Cash dividend payments on common stock (40,390) (38,556)
Other (2,012) (278)
Cash used in financing activities (34,025) (109,137)
Increase in cash and cash equivalents 12,259 2,019
Cash and cash equivalents, beginning of period 3,521 4,211
Cash and cash equivalents, end of period 15,780 6,230
Supplemental disclosure of cash flow information:    
Interest paid, net of capitalization 22,859 23,271
Income taxes paid (refunded) $ 11,581 $ (6,900)