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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Property, Plant and Equipment    
Regulated Energy $ 1,380,591 $ 1,297,416
Unregulated Energy 245,738 237,682
Other businesses and eliminations 30,347 34,585
Total property, plant and equipment 1,656,676 1,569,683
Less: Accumulated depreciation and amortization (321,284) (294,295)
Plus: Construction work in progress 85,630 108,584
Net property, plant and equipment 1,421,022 1,383,972
Current Assets    
Cash and cash equivalents 7,254 6,089
Trade and other receivables (less allowance for uncollectible accounts of $1,190 and $1,108, respectively) 48,908 85,404
Accrued revenue 12,724 27,499
Propane inventory, at average cost 5,143 9,791
Other inventory, at average cost 7,778 7,127
Regulatory assets 6,842 4,796
Storage gas prepayments 4,143 6,603
Income taxes receivable 10,984 15,300
Prepaid expenses 5,873 10,079
Derivative assets, at fair value 10,571 13,165
Other current assets 4,022 5,684
Total current assets 124,242 191,537
Deferred Charges and Other Assets    
Goodwill 25,785 25,837
Other intangible assets, net 5,611 6,207
Investments, at fair value 8,821 6,711
Operating Lease, Right-of-Use Asset 12,404  
Regulatory assets 76,945 72,422
Other assets 6,212 6,985
Total deferred charges and other assets 135,778 118,162
Total Assets 1,681,042 1,693,671
Stockholders’ equity    
Preferred stock, par value $0.01 per share (authorized 2,000,000 shares), no shares issued and outstanding 0 0
Common stock, par value $0.4867 per share (authorized 50,000,000 shares) 7,984 7,971
Additional paid-in capital 256,385 255,651
Retained earnings 285,762 261,530
Accumulated other comprehensive loss (5,747) (6,713)
Deferred compensation obligation 4,694 3,854
Treasury stock (4,694) (3,854)
Total stockholders’ equity [1] 544,384 518,439
Long-term debt, net of current maturities 275,924 316,020
Total capitalization 820,308 834,459
Current Liabilities    
Less: current maturities 75,600 11,935
Short-term borrowing 301,226 294,458
Accounts payable 50,645 129,804
Customer deposits and refunds 29,839 34,155
Accrued interest 2,073 2,317
Dividends payable 6,644 6,060
Accrued compensation 8,699 13,923
Regulatory liabilities 10,168 7,883
Derivative liabilities, at fair value 10,994 14,871
Other accrued liabilities 16,527 12,828
Total current liabilities 512,415 528,234
Deferred Credits and Other Liabilities    
Deferred income taxes 164,421 156,820
Regulatory liabilities 133,858 135,039
Environmental liabilities 6,994 7,638
Other pension and benefit costs 29,675 28,513
Operating Lease, Liability, Noncurrent 10,710  
Deferred investment tax credits and other liabilities 2,661 2,968
Total deferred credits and other liabilities 348,319 330,978
Environmental and other commitments and contingencies (Notes 5 and 6)
Total Capitalization and Liabilities $ 1,681,042 $ 1,693,671
[1]
2,000,000 shares of preferred stock at $0.01 par value have been authorized. No shares have been issued or are outstanding; accordingly, no information has been included in the statements of stockholders’ equity.