BUSINESS COMBINATIONS (Tables)

12 Months Ended

Dec. 31, 2018

Schedule of the fair value of the assets acquired and the liabilities assumed

The preliminary purchase price for the Acquisition has been allocated to the assets acquired and liabilities assumed as of the acquisition date and is as follows:



(in thousands)	ETG and ELK
Property, Plant and Equipment	$	1,089,342
Accounts Receivable	45,875
Provision for Uncollectibles	(6,579		)
Natural Gas in Storage	12,204
Materials and Supplies	345
Other Prepayments and Current Assets	200
Deferred Income Taxes	21,024
Regulatory Assets	136,213
Goodwill	731,029
Total assets acquired	2,029,653
Accounts Payable	13,089
Other Current Liabilities	9,185
Environmental Remediation Costs - Current	7,100
Pension and Other Postretirement Benefits	3,213
Environmental Remediation Costs - Non Current	66,165
Regulatory Liabilities	189,509
Other	1,107
Total liabilities assumed	289,368
Total net assets acquired	$	1,740,285

Business Acquisition, Pro Forma Information

The pro forma results include adjustments for the financing impact of the Acquisition, along with the tax-related impacts. Other material non-recurring adjustments are reflected in the pro forma and described below:



(In thousands, except per share data)	Year Ended December 31
	2018		2017
Revenues	$	1,829,823	$	1,555,124
Net (loss) income	$	74,770	$	(9,824	)
Earnings (loss) per share	$	0.89	$	(0.11	)