XML 26 R7.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Operating Activities:    
Net income $ 62,137 $ 57,665
Non-cash items included in net income:    
Depreciation and amortization 43,084 40,291
Provision for deferred income taxes 17,614 34,030
Power and natural gas cost amortizations (deferrals), net 3,091 5,379
Amortization of debt expense 813 876
Amortization of investment in exchange power 613 613
Stock-based compensation expense 832 2,313
Equity-related AFUDC (1,650) (2,261)
Pension and other postretirement benefit expense 9,348 9,475
Amortization of Spokane Energy contract 0 3,558
Other regulatory assets and liabilities and deferred debits and credits (6,878) (7,127)
Change in decoupling regulatory deferral 14,857 (11,456)
Other (116) (9)
Contributions to defined benefit pension plan (7,400) (4,000)
Changes in certain current assets and liabilities:    
Accounts and notes receivable (668) 18,364
Materials and supplies, fuel stock and natural gas stored 6,129 10,263
Collateral posted for derivative instruments (2,620) (42,871)
Income taxes receivable 14,106 11,210
Other current assets (116) (4,106)
Accounts payable (20,239) (30,804)
Other current liabilities 16,778 15,752
Net cash provided by operating activities 149,715 107,155
Investing Activities:    
Utility property capital expenditures (excluding equity-related AFUDC) (86,763) (88,878)
Other capital expenditures (35) (119)
Issuance of notes receivable at subsidiaries (400) (1,076)
Investments made by subsidiaries (2,627) (1,358)
Other (102) (223)
Net cash used in investing activities (89,927) (91,654)
Financing Activities:    
Net decrease in borrowings from committed line of credit (15,000) (15,000)
Maturity of long-term debt and capital leases (822) (792)
Issuance of common stock 315 27,150
Cash dividends paid (23,167) (21,545)
Other (3,442) (3,031)
Net cash used in financing activities (42,116) (13,218)
Net increase in cash and cash equivalents 17,672 2,283
Cash and cash equivalents at beginning of period 8,507 10,484
Cash and cash equivalents at end of period $ 26,179 $ 12,767