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Business Segment Information (Tables)
6 Months Ended
Jun. 30, 2023
Segment Reporting Information, Additional Information [Abstract]  
Schedule of Segment Reporting Information, by Segment

Segment information was as follows (in thousands):

 

 

Three Months Ended June 30,

 

Six Months Ended June 30,

 

 

2023

 

2022

 

2023

 

2022

 

Revenues:

 

 

 

 

 

 

 

 

Electric Utilities

 

 

 

 

 

 

 

 

External Customers

$

190,212

 

$

201,450

 

$

406,105

 

$

405,059

 

Inter-segment

 

2,861

 

 

2,929

 

 

5,677

 

 

5,858

 

Total Electric Utilities Revenue

 

193,073

 

 

204,379

 

 

411,782

 

 

410,917

 

 

 

 

 

 

 

 

 

Gas Utilities

 

 

 

 

 

 

 

 

External Customers

 

221,071

 

 

272,745

 

 

926,337

 

 

892,706

 

Inter-segment

 

1,649

 

 

1,424

 

 

3,299

 

 

2,855

 

Total Gas Utilities Revenue

 

222,720

 

 

274,169

 

 

929,636

 

 

895,561

 

 

 

 

 

 

 

 

 

Inter-segment eliminations

 

(4,510

)

 

(4,353

)

 

(8,976

)

 

(8,713

)

 

 

 

 

 

 

 

 

Total Revenues

$

411,283

 

$

474,195

 

$

1,332,442

 

$

1,297,765

 

 

 

 

 

 

 

 

 

Operating income (loss):

 

 

 

 

 

 

 

 

Electric Utilities

$

46,619

 

$

45,226

 

$

107,679

 

$

95,972

 

Gas Utilities

 

17,725

 

 

28,195

 

 

132,350

 

 

151,735

 

Corporate and Other

 

(828

)

 

(1,032

)

 

(1,630

)

 

(1,965

)

Total Operating Income

$

63,516

 

$

72,389

 

$

238,399

 

$

245,742

 

 

 

Total assets (net of inter-segment eliminations) as of:

June 30, 2023

 

December 31, 2022

 

Electric Utilities

$

3,914,037

 

$

3,929,721

 

Gas Utilities

 

5,252,521

 

 

5,578,282

 

Corporate and Other

 

242,537

 

 

110,227

 

Total assets

$

9,409,095

 

$

9,618,230