Segment Information (Tables)

6 Months Ended

Jun. 30, 2019

Segment Reporting [Abstract]

Schedule of Segment Reporting Information by Segment

The following table presents financial information about our reportable segments:

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2019			2018			2019			2018
(in thousands)
Operating Revenues, Unaffiliated Customers
Regulated Energy	$	70,719		$	67,731		$	171,458		$	173,685
Unregulated Energy	60,184			68,933			187,061			202,335
Total operating revenues, unaffiliated customers	$	130,903		$	136,664		$	358,519		$	376,020
Intersegment Revenues (1)
Regulated Energy	$	2,684		$	2,773		$	5,563		$	6,212
Unregulated Energy	6,720			7,412			17,946			19,377
Other businesses	132			194			264			387
Total intersegment revenues	$	9,536		$	10,379		$	23,773		$	25,976
Operating Income
Regulated Energy	$	18,752		$	14,304		$	47,769		$	41,015
Unregulated Energy	(1,348		)	490			13,628			14,174
Other businesses and eliminations	32			(1,546		)	32			(1,535		)
Operating income	17,436			13,248			61,429			53,654
Other expense, net	(316		)	(262		)	(361		)	(194		)
Interest charges	5,655			3,881			11,365			7,545
Income before Income Taxes	11,465			9,105			49,703			45,915
Income taxes	3,161			2,718			12,735			12,674
Net Income	$	8,304		$	6,387		$	36,968		$	33,241

⁽¹⁾ All significant intersegment revenues are billed at market rates and have been eliminated from consolidated operating revenues.

(in thousands)	June 30, 2019		December 31, 2018
Identifiable Assets
Regulated Energy segment	$	1,349,422	$	1,345,805
Unregulated Energy segment	284,888		306,045
Other businesses and eliminations	46,732		41,821
Total identifiable assets	$	1,681,042	$	1,693,671