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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Utility plant:    
Utility plant $ 3,616,418 $ 3,550,485
Less accumulated depreciation and amortization (1,169,447) (1,144,115)
Net utility plant 2,446,971 2,406,370
Current assets:    
Cash and cash equivalents 140,406 42,653
Receivables:    
Customers, net 32,729 32,058
Regulatory balancing accounts 24,970 38,225
Other, net 14,428 14,187
Unbilled revenue, net 31,149 34,879
Materials and supplies at weighted average cost 8,135 7,745
Taxes, prepaid expenses, and other assets 18,265 14,965
Total current assets 270,082 184,712
Other assets:    
Regulatory assets 442,819 433,322
Goodwill 2,615 2,615
Other assets 78,358 84,289
Total other assets 523,792 520,226
TOTAL ASSETS 3,240,845 3,111,308
Capitalization:    
Common stock, $0.01 par value; 68,000 shares authorized, 48,714 and 48,532 outstanding in 2020 and 2019, respectively 487 485
Additional paid-in capital 368,129 362,275
Retained earnings 386,524 417,146
Total common stockholders’ equity 755,140 779,906
Long-term debt, net 786,467 786,754
Total capitalization 1,541,607 1,566,660
Current liabilities:    
Current maturities of long-term debt, net 21,864 21,868
Short-term borrowings 335,100 175,100
Accounts payable 99,019 108,463
Regulatory balancing accounts 3,474 4,462
Accrued interest 14,545 5,810
Accrued expenses and other liabilities 39,125 43,018
Total current liabilities 513,127 358,721
Unamortized investment tax credits 1,575 1,575
Deferred income taxes 218,451 222,590
Pension and postretirement benefits other than pensions 260,337 258,907
Regulatory liabilities and other 268,917 270,256
Advances for construction 194,046 191,062
Contributions in aid of construction 242,785 241,537
Commitments and contingencies (Note 10)
TOTAL CAPITALIZATION AND LIABILITIES $ 3,240,845 $ 3,111,308