Information By Business Segments (Tables)

3 Months Ended

Mar. 31, 2018

Segment Reporting [Abstract]

Information by Business Segments

The following table presents information for each of the Company’s business segments (dollars in thousands):

	Avista Utilities		Alaska Electric Light and Power Company		Total Utility		Other			Intersegment Eliminations (1)			Total
For the three months ended March 31, 2018:
Operating revenues	$	388,754	$	13,663	$	402,417	$	6,944		$	—		$	409,361
Resource costs	151,665		2,953		154,618		—			—			154,618
Other operating expenses (2)	75,139		2,831		77,970		6,824			—			84,794
Depreciation and amortization	43,267		1,466		44,733		181			—			44,914
Income (loss) from operations	88,145		6,122		94,267		(61		)	—			94,206
Interest expense (3)	23,965		894		24,859		335			(165		)	25,029
Income taxes	10,417		1,464		11,881		(1,171		)	—			10,710
Net income (loss) attributable to Avista Corp. shareholders	55,540		3,772		59,312		(4,422		)	—			54,890
Capital expenditures (4)	81,176		641		81,817		214			—			82,031
For the three months ended March 31, 2017:
Operating revenues	$	415,381	$	15,156	$	430,537	$	5,933		$	—		$	436,470
Resource costs	162,613		2,973		165,586		—			—			165,586
Other operating expenses (5)	69,671		2,772		72,443		6,179			—			78,622
Depreciation and amortization	40,538		1,447		41,985		188			—			42,173
Income (loss) from operations (5)	110,676		7,185		117,861		(434		)	—			117,427
Interest expense (3)	22,683		894		23,577		167			(14		)	23,730
Income taxes	31,017		2,463		33,480		(136		)	—			33,344
Net income (loss) attributable to Avista Corp. shareholders	58,439		3,853		62,292		(176		)	—			62,116
Capital expenditures (4)	85,403		1,360		86,763		35			—			86,798
Total Assets:
As of March 31, 2018:	$	5,149,906	$	282,484	$	5,432,390	$	75,744		$	(22,951	)	$	5,485,183
As of December 31, 2017:	$	5,177,878	$	278,688	$	5,456,566	$	73,241		$	(15,075	)	$	5,514,732

(1) Intersegment eliminations reported as interest expense represent intercompany interest.

(2) Other operating expenses for Avista Utilities for the three months ended March 31, 2018 include acquisition costs of $0.7 million which are separately disclosed on the Condensed Consolidated Statements of Income.

(3) Including interest expense to affiliated trusts.

(4) The capital expenditures for the other businesses are included in other investing activities on the Condensed Consolidated Statements of Cash Flows.

(5) Effective January 1, 2018, the Company adopted ASU No. 2017-07, which resulted in a $2.0 million reclassification of the non-service cost component of pension and other postretirement benefit costs for the three months ended March 31, 2017. The costs were reclassified from utility other operating expenses to other expense (income) - net on the Condensed Consolidated Statements of Income.