Note 8 - Leases (Tables)

9 Months Ended

Sep. 30, 2019

Notes Tables

Leases, Right-of-use Assets and Lease Liabilities By Business Segment [Table Text Block]

(in thousands)	Electric			Manufacturing			Plastics			Corporate			Total
Right of Use Assets – Operating Leases:
Gross	$	3,557		$	19,967		$	666		$	769		$	24,959
Accumulated Amortization		(778	)		(1,836	)		(294	)		(98	)		(3,006	)
Net of Accumulated Amortization	$	2,779		$	18,131		$	372		$	671		$	21,953
Obligations:
Current Operating Lease Liabilities	$	985		$	2,541		$	326		$	154		$	4,006
Long-Term Operating Lease Liabilities		2,081			15,686			45			572			18,384
Total Lease Liabilities	$	3,066		$	18,227		$	371		$	726		$	22,390

Lessee, Operating Lease, Liability, Maturity [Table Text Block]

(in thousands)	Right-of-Use Operating Leases
	OTP			Nonelectric			Total
2019	$	275		$	1,029		$	1,304
2020		1,115			3,883			4,998
2021		1,100			3,619			4,719
2022		206			3,491			3,697
2023		196			3,203			3,399
Beyond 2023		448			7,979			8,427
Total Minimum Obligations	$	3,340		$	23,204		$	26,544
Interest Component of Obligations		(274	)		(3,880	)		(4,154	)
Present Value of Minimum Obligations, September 30, 2019	$	3,066		$	19,324		$	22,390

Lessee, Operating Lease, Lease Obligation Activity [Table Text Block]

(in thousands)	OTP			Nonelectric			Total
Operating Lease Obligations, January 1, 2019	$	3,609		$	16,760		$	20,369
Non-cash Acquisition of Right-of-Use Assets		177			5,115			5,292
Lease Modifications		-			(164	)		(164	)
Lease Obligation Payments		(845	)		(3,086	)		(3,931	)
Interest Component of Lease Obligation Payment		125			699			824
Operating Lease Obligations, September 30, 2019	$	3,066		$	19,324		$	22,390

Lease, Cost [Table Text Block]

	Three Months Ended September 30, 2019							Nine Months Ended September 30, 2019
	Operating Lease Cost		Variable Lease Cost			Total Lease Cost		Operating Lease Cost		Variable Lease Cost		Total Lease Cost
Plant in Service or CWIP	$	9	$	-		$	9	$	29	$	-	$	29
Inventory		244		-			244		707		-		707
Cost of Products Sold		963		65			1,028		2,942		137		3,079
Electric Operation and Maintenance Expenses		64		-			64		194		-		194
Other Nonelectric Expenses		51		(1	)		50		156		-		156
Total	$	1,331	$	64		$	1,395	$	4,028	$	137	$	4,165