XML 15 R5.htm IDEA: XBRL DOCUMENT v3.22.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Property, Plant and Equipment    
Regulated Energy $ 1,765,915 $ 1,720,287
Unregulated Energy 381,718 357,259
Other businesses and eliminations 30,713 35,418
Total property, plant and equipment 2,178,346 2,112,964
Less: Accumulated depreciation and amortization (438,573) (417,479)
Net property, plant and equipment 1,773,800 1,744,878
Current Assets    
Cash and cash equivalents 4,186 4,976
Trade and other receivables 40,134 58,482
Accounts Receivable, Allowance for Credit Loss, Current (2,758) (3,141)
Accounts Receivable, before Allowance for Credit Loss, Current 42,892 61,623
Accrued revenue 15,999 22,513
Propane inventory, at average cost 9,317 11,644
Other inventory, at average cost 11,449 9,345
Regulatory assets 28,729 19,794
Storage gas prepayments 3,695 3,691
Income taxes receivable 12,353 17,460
Prepaid expenses 11,398 17,121
Derivative assets, at fair value 6,772 7,076
Other current assets 1,014 1,033
Total current assets 145,046 173,135
Deferred Charges and Other Assets    
Goodwill 45,158 44,708
Other intangible assets, net 14,088 13,192
Investments, at fair value 10,523 12,095
Operating Lease, Right-of-Use Asset 15,767 10,139
Regulatory assets 99,497 104,173
Receivables and other deferred charges 13,463 12,549
Total deferred charges and other assets 198,496 196,856
Total Assets 2,117,342 2,114,869
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) 8,632 8,593
Additional paid-in capital 376,866 371,162
Retained earnings 428,833 393,072
Accumulated other comprehensive income 1,370 1,303
Deferred compensation obligation 7,018 7,240
Treasury stock (7,018) (7,240)
Total stockholders’ equity 815,701 [1] 774,130
Total capitalization 1,401,506 1,324,033
Current Liabilities    
Less: current maturities 21,472 17,962
Short-term borrowing 137,024 221,634
Accounts payable 38,110 52,628
Customer deposits and refunds 34,489 36,488
Accrued interest 3,320 2,775
Dividends payable 9,488 8,466
Accrued compensation 9,471 15,505
Regulatory liabilities 6,663 2,312
Derivative liabilities, at fair value 427 743
Other accrued liabilities 26,827 17,920
Total current liabilities 287,291 376,433
Deferred Credits and Other Liabilities    
Deferred income taxes 244,978 233,550
Regulatory liabilities 143,188 142,488
Environmental liabilities 3,097 3,538
Other pension and benefit costs 21,458 24,120
Operating Lease, Liability, Noncurrent 13,807 8,571
Deferred investment tax credits and other liabilities 2,017 2,136
Total deferred credits and other liabilities 428,545 414,403
Environmental and other commitments and contingencies (Notes 5 and 6)
Total Capitalization and Liabilities 2,117,342 2,114,869
Other businesses and eliminations 30,713 35,418
Property, Plant and Equipment, Gross 2,178,346 2,112,964
Construction Work in Progress 34,027 49,393
Property, Plant and Equipment, Net 1,773,800 1,744,878
Trade and other receivables 40,134 58,482
Income taxes receivable 12,353 17,460
Other current assets 1,014 1,033
Assets, Current 145,046 173,135
Receivables and other deferred charges 13,463 12,549
Deferred Charges And Other Assets 198,496 196,856
Total identifiable assets 2,117,342 2,114,869
Regulated Energy 1,765,915 1,720,287
Unregulated Energy 381,718 357,259
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 438,573 417,479
Cash and cash equivalents 4,186 4,976
Accounts Receivable, before Allowance for Credit Loss, Current 42,892 61,623
Allowance for uncollectible accounts 2,758 3,141
Accrued revenue 15,999 22,513
Propane inventory, at average cost 9,317 11,644
Other inventory, at average cost 11,449 9,345
Regulatory assets 28,729 19,794
Storage gas prepayments 3,695 3,691
Prepaid expenses 11,398 17,121
Derivative assets, at fair value 6,772 7,076
Goodwill 45,158 44,708
Other intangible assets, net 14,088 13,192
Investments, at fair value 10,523 12,095
Operating Lease, Right-of-Use Asset 15,767 10,139
Regulatory assets 99,497 104,173
Preferred stock, par value $0.01 per share (authorized 2,000,000 shares), no shares issued and outstanding 0 0
Stockholders' Equity Attributable to Parent 815,701 [1] 774,130
Capitalization, Long-term Debt and Equity 1,401,506 1,324,033
Accounts payable 38,110 52,628
Other accrued liabilities 26,827 17,920
Liabilities, Current 287,291 376,433
Regulatory liabilities 143,188 142,488
Operating Lease, Liability, Noncurrent 13,807 8,571
Deferred investment tax credits and other liabilities 2,017 2,136
Deferred Credits and Other Liabilities 428,545 414,403
Environmental and other commitments and contingencies (Notes 5 and 6)
Liabilities and Equity 2,117,342 2,114,869
Common stock, par value $0.4867 per share (authorized 50,000,000 shares) 8,632 8,593
Additional paid-in capital 376,866 371,162
Retained earnings 428,833 393,072
Accumulated other comprehensive income 1,370 1,303
Deferred compensation obligation 7,018 7,240
Treasury Stock, Value 7,018 7,240
Long-term Debt and Capital Lease Obligations, Net of Current Maturities 585,805 549,903
Less: current maturities 21,472 17,962
Short-term borrowing 137,024 221,634
Customer deposits and refunds 34,489 36,488
Accrued interest 3,320 2,775
Dividends payable 9,488 8,466
Accrued compensation 9,471 15,505
Regulatory liabilities 6,663 2,312
Energy Marketing Contract Liabilities, Current 427 743
Deferred income taxes 244,978 233,550
Environmental liabilities 3,097 3,538
Other pension and benefit costs $ 21,458 $ 24,120
[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.