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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Operating activities:    
Net income $ 23,234 $ 21,407
Adjustments to reconcile net income to cash flows from operating activities:    
Depreciation and amortization including regulatory items and other 40,815 45,698
Pension and other postretirement benefit costs, net of contributions 195 (15,109)
Deferred income taxes and unamortized investment tax credit, net 14,314 9,337
Allowance for equity funds used during construction (2,766) (2,212)
Stock compensation expense 2,905 999
Non-cash (gain)/loss on derivatives 2,346 3,300
Other 84  
Cash flows impacted by changes in:    
Accounts receivable and accrued unbilled revenues 5,152 21,171
Fuel, materials and supplies 3,214 (301)
Prepaid expenses, other current assets and deferred charges (8,779) (351)
Accounts payable and accrued liabilities (20,078) (26,130)
Asset retirement obligations (86)  
Interest, taxes accrued and customer deposits 11,474 10,832
Other liabilities and other deferred credits 10,327 5,456
Net cash provided by operating activities 82,351 74,097
Investing activities:    
Capital expenditures - regulated (67,968) (106,295)
Capital expenditures and other investments - non-regulated (557) (950)
Restricted cash (1)  
Net cash used in investing activities (68,526) (107,245)
Financing activities:    
Proceeds from issuance of common stock, net of issuance costs 3,551 2,878
Net short-term borrowings 5,500 53,000
Dividends (22,856) (22,671)
Other (154) (172)
Net cash provided by (used in) financing activities (13,959) 33,035
Net decrease in cash and cash equivalents (134) (113)
Cash and cash equivalents at beginning of period 1,753 2,105
Cash and cash equivalents at end of period $ 1,619 $ 1,992