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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
OPERATING ACTIVITIES:    
Net Income $ 45,580 $ 37,902
Items not affecting cash:    
Depreciation 30,318 29,218
Amortization of debt issue costs, discount and deferred hedge gain 1,538 64
Amortization of restricted stock 824 669
Equity portion of allowance for funds used during construction (1,079) (1,234)
Gain on disposition of assets (59) 0
Deferred income taxes 26,860 27,236
Changes in current assets and liabilities:    
Restricted cash (5,723) (1,987)
Accounts receivable 3,763 409
Inventories 17,530 15,313
Other current assets 2,767 (2,069)
Accounts payable (18,180) (14,118)
Accrued expenses 34,060 24,025
Regulatory assets (7,614) 12,598
Regulatory liabilities 1,950 1,292
Other noncurrent assets (24,998) (23,489)
Other noncurrent liabilities 4,698 6,051
Cash provided by operating activities 112,235 111,880
INVESTING ACTIVITIES:    
Property, plant, and equipment additions (51,677) (38,114)
Asset acquisition 1,455 0
Proceeds from sale of assets 94 0
Cash used in investing activities (50,128) (38,114)
FINANCING ACTIVITIES:    
Treasury stock activity (1,012) (1,249)
Proceeds from issuance of common stock, net 13,365 17,701
Dividends on common stock (15,454) (14,170)
Repayments on long-term debt (40) (37)
Repayments of short-term borrowings, net (55,973) (78,949)
Financing costs (69) 0
Cash used in financing activities (59,183) (76,704)
Increase (Decrease) in Cash and Cash Equivalents 2,924 (2,938)
Cash and Cash Equivalents, beginning of period 16,557 9,822
Cash and Cash Equivalents, end of period 19,481 6,884
Cash paid during the period for:    
Income taxes 13 38
Interest 11,747 11,826
Significant non-cash transactions:    
Capital expenditures included in accounts payable and accrued expenses $ 3,991 $ 6,810