Information by Business Segments (Tables)

9 Months Ended

Sep. 30, 2020

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, 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) attributable to Avista    Corp. shareholders		5,546		268			5,814		(938	)		—			4,876
Capital expenditures (3)		105,494		2,860			108,354		803			—			109,157
For the three months ended September 30, 2019:
Operating revenues	$	274,931	$	7,790		$	282,721	$	1,049		$	—		$	283,770
Resource costs		98,397		(73	)		98,324		—			—			98,324
Other operating expenses (4)		76,749		3,363			80,112		1,450			—			81,562
Depreciation and amortization		47,631		2,421			50,052		134			—			50,186
Income (loss) from operations		28,998		1,780			30,778		(535	)		—			30,243
Interest expense (2)		24,634		1,596			26,230		149			(186	)		26,193
Income taxes		125		82			207		(338	)		—			(131	)
Net income (loss) attributable to Avista Corp. shareholders		5,966		197			6,163		(1,073	)		—			5,090
Capital expenditures (3)		118,141		2,836			120,977		920			—			121,897
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) attributable to Avista    Corp. shareholders		69,130		4,991			74,121		(3,368	)		—			70,753
Capital expenditures (3)		291,417		6,417			297,834		1,389			—			299,223
For the nine months ended September 30, 2019:
Operating revenues	$	942,441	$	27,414		$	969,855	$	11,208		$	—		$	981,063
Resource costs		325,615		(1,505	)		324,110		—			—			324,110
Other operating expenses (4)		261,934		9,551			271,485		15,137			—			286,622
Depreciation and amortization		147,208		7,237			154,445		498			—			154,943
Income (loss) from operations		130,200		11,309			141,509		(4,427	)		—			137,082
Interest expense (2)		73,214		4,787			78,001		885			(823	)		78,063
Income taxes		25,722		1,825			27,547		598			—			28,145
Net income attributable to Avista    Corp. shareholders		139,086		4,825			143,911		2,292			—			146,203
Capital expenditures (3)		313,747		7,218			320,965		1,104			—			322,069
Total Assets:
As of September 30, 2020:	$	5,916,490	$	269,907		$	6,186,397	$	108,681		$	(11,947	)	$	6,283,131
As of December 31, 2019:	$	5,713,268	$	271,393		$	5,984,661	$	113,390		$	(15,595	)	$	6,082,456

(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.

(4) Other operating expenses for Avista Utilities for the nine months ended September 30, 2019 include merger transaction costs which are separately disclosed on the Condensed Consolidated Statements of Income.