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Segment Information
3 Months Ended
Mar. 31, 2020
Segment Reporting [Abstract]  
Segment Information
Note 7 – Segment Information
Centuri accounts for the services provided to Southwest at contractual prices at contract inception. Accounts receivable for these services, which are not eliminated during consolidation, are presented in the table below:
(Thousands of dollars)
March 31, 2020
 
December 31, 2019
Centuri accounts receivable for services provided to Southwest
$
16,263

 
$
15,235


The Company has two reportable segments: natural gas operations and utility infrastructure services. Southwest has a single reportable segment that is referred to herein as the natural gas operations segment of the Company. In order to reconcile to net income as disclosed in the Condensed Consolidated Statements of Income, an Other column is included associated with impacts of corporate and administrative activities related to Southwest Gas Holdings, Inc. The financial information pertaining to the natural gas operations and utility infrastructure services segments is as follows:
(Thousands of dollars)
Natural Gas
Operations
 
Utility Infrastructure
Services
 
Other
 
Total
Three Months Ended March 31, 2020
 
 
 
 
 
 
 
Revenues from external customers
$
502,827

 
$
300,291

 
$

 
$
803,118

Intersegment revenues

 
33,202

 

 
33,202

Total
$
502,827

 
$
333,493

 
$

 
$
836,320

Segment net income (loss)
$
83,599

 
$
(10,204
)
 
$
(853
)
 
$
72,542

 
 
 
 
 
 
 
 
Three Months Ended March 31, 2019
 
 
 
 
 
 
 
Revenues from external customers
$
520,677

 
$
274,189

 
$

 
$
794,866

Intersegment revenues

 
38,673

 

 
38,673

Total
$
520,677

 
$
312,862

 
$

 
$
833,539

Segment net income (loss)
$
103,389

 
$
(8,031
)
 
$
(549
)
 
$
94,809


(Thousands of dollars)
Natural Gas
Operations
 
Utility Infrastructure
Services
 
Other
 
Total
Twelve Months Ended March 31, 2020
 
 
 
 
 
 
 
Revenues from external customers
$
1,351,089

 
$
1,618,354

 
$

 
$
2,969,443

Intersegment revenues

 
153,255

 

 
153,255

Total
$
1,351,089

 
$
1,771,609

 
$

 
$
3,122,698

Segment net income (loss)
$
143,381

 
$
50,231

 
$
(1,943
)
 
$
191,669

 
 
 
 
 
 
 
 
Twelve Months Ended March 31, 2019
 
 
 
 
 
 
 
Revenues from external customers
$
1,384,092

 
$
1,427,701

 
$

 
$
2,811,793

Intersegment revenues

 
147,429

 

 
147,429

Total
$
1,384,092

 
$
1,575,130

 
$

 
$
2,959,222

Segment net income (loss)
$
151,882

 
$
47,947

 
$
(1,834
)
 
$
197,995