XML 78 R122.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Schedule I Financial Statements of Cleco Holdings (Parent Company Only) - Condensed Statements of Income (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Operating expenses                      
Merger transaction costs                 $ 7,668 $ 19,514 $ 5,152
Total operating expenses                 1,324,711 986,487 910,419
Operating income $ 75,573 $ 101,539 $ 87,196 $ 50,586 $ 50,004 $ 86,110 $ 63,709 $ 44,734 314,894 244,557 265,227
Other income (expense), net                 758 (14,328) (6,899)
Income before income taxes                 195,830 123,819 145,159
Federal and state income tax expense                 43,165 29,382 7,079
Net income $ 31,797 $ 55,565 $ 44,746 $ 20,557 $ 10,377 $ 47,360 $ 25,839 $ 10,861 152,665 94,437 138,080
Cleco Holdings                      
Operating expenses                      
Administrative and general                 3,263 1,269 602
Merger transaction costs                 7,803 19,514 5,152
Other operating expense                 130 318 260
Total operating expenses                 11,196 21,101 6,014
Operating income                 (11,196) (21,101) (6,014)
Equity income from subsidiaries, net of tax                 205,187 149,543 170,706
Interest, net                 (70,252) (54,635) (53,684)
Other income (expense), net                 8,568 (1,687) 3,978
Income before income taxes                 132,307 72,120 114,986
Federal and state income tax expense                 (20,358) (22,317) (23,094)
Net income                 $ 152,665 $ 94,437 $ 138,080