Information by Business Segments (Tables)

9 Months Ended

Sep. 30, 2021

Segment Reporting [Abstract]

Schedule of 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 September 30, 2021:
Operating revenues	$	286,752		$	9,147	$	295,899		$	108		$	—		$	296,007
Resource costs		101,109			1,024		102,133			—			—			102,133
Other operating expenses		82,006			3,619		85,625			843			—			86,468
Depreciation and amortization		55,039			2,683		57,722			30			—			57,752
Income (loss) from operations		23,416			1,563		24,979			(765	)		—			24,214
Interest expense (2)		25,015			1,523		26,538			132			(21	)		26,649
Income taxes		(6,371	)		18		(6,353	)		921			—			(5,432	)
Net income		9,086			41		9,127			5,239			—			14,366
Capital expenditures (3)		107,519			1,462		108,981			373			—			109,354
For the three months ended September 30, 2020:
Operating revenues	$	263,564		$	8,815	$	272,379		$	267		$	—		$	272,646
Resource costs		77,843			942		78,785			—			—			78,785
Other operating expenses		82,151			3,400		85,551			1,697			—			87,248
Depreciation and amortization		51,499			2,454		53,953			146			—			54,099
Income (loss) from operations		28,284			1,790		30,074			(1,576	)		—			28,498
Interest expense (2)		24,277			1,561		25,838			131			(29	)		25,940
Income taxes		1,060			59		1,119			(260	)		—			859
Net income (loss)		5,546			268		5,814			(938	)		—			4,876
Capital expenditures (3)		105,494			2,860		108,354			803			—			109,157
For the nine months ended September 30, 2021:
Operating revenues	$	974,172		$	32,515	$	1,006,687		$	445		$	—		$	1,007,132
Resource costs		324,464			2,926		327,390			—			—			327,390
Other operating expenses		257,333			9,900		267,233			3,186			—			270,419
Depreciation and amortization		161,332			7,677		169,009			230			—			169,239
Income (loss) from operations		149,670			11,162		160,832			(2,971	)		—			157,861
Interest expense (2)		74,423			4,571		78,994			392			(87	)		79,299
Income taxes		4,932			1,819		6,751			2,379			—			9,130
Net income		80,861			4,816		85,677			10,780			—			96,457
Capital expenditures (3)		318,354			4,454		322,808			938			—			323,746
For the nine months ended September 30, 2020:
Operating revenues	$	909,109		$	31,014	$	940,123		$	1,345		$	—		$	941,468
Resource costs		274,468			1,829		276,297			—			—			276,297
Other operating expenses		256,570			9,681		266,251			3,716			—			269,967
Depreciation and amortization		161,934			7,348		169,282			569			—			169,851
Income (loss) from operations		137,219			11,337		148,556			(2,939	)		—			145,617
Interest expense (2)		73,449			4,709		78,158			393			(161	)		78,390
Income taxes		460			1,840		2,300			(828	)		—			1,472
Net income (loss)		69,130			4,991		74,121			(3,368	)		—			70,753
Capital expenditures (3)		291,417			6,417		297,834			1,389			—			299,223
Total Assets:
As of September 30, 2021:	$	6,345,036		$	269,061	$	6,614,097		$	123,355		$	(5,974	)	$	6,731,478
As of December 31, 2020:	$	6,035,340		$	268,971	$	6,304,311		$	109,658		$	(11,872	)	$	6,402,097

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

(2)Including interest expense to affiliated trusts.

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