XML 187 R59.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Segment financial information (Details)
$ in Thousands
3 Months Ended 12 Months Ended
Feb. 02, 2018
MWh
project
MW
Nov. 24, 2017
MW
Dec. 31, 2019
USD ($)
Sep. 30, 2019
USD ($)
Jun. 30, 2019
USD ($)
Mar. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
Sep. 30, 2018
USD ($)
Jun. 30, 2018
USD ($)
Mar. 31, 2018
USD ($)
Dec. 31, 2019
USD ($)
MW
Dec. 31, 2018
USD ($)
Dec. 31, 2017
USD ($)
Segment financial information                          
Revenues     $ 725,966 $ 771,535 $ 715,485 $ 661,615 $ 761,650 $ 768,048 $ 685,277 $ 645,874 $ 2,874,601 $ 2,860,849 $ 2,555,625
Depreciation and amortization                     278,113 255,629 221,998
Interest expense, net                     109,339 104,216 91,128
Income (loss) before income taxes                     271,409 254,461 276,580
Income taxes (benefit)                     51,637 50,797 109,393
Net income (loss)     66,736 63,890 42,985 46,161 50,046 66,371 46,527 40,720 219,772 203,664 167,187
Preferred stock dividends of subsidiaries                     1,890 1,890 1,890
Net income for common stock     66,263 $ 63,419 $ 42,512 $ 45,688 49,573 $ 65,900 $ 46,054 $ 40,247 217,882 201,774 165,297
Capital expenditures                     457,520 537,369 495,187
Assets     13,745,251       13,104,051       13,745,251 13,104,051 12,534,160
Electric utility                          
Segment financial information                          
Revenues                     2,545,942 2,546,525 2,257,566
Depreciation and amortization                     245,362 230,228 201,282
Interest expense, net                     70,842 73,348 69,637
Income (loss) before income taxes                     197,140 180,426 205,145
Income taxes (benefit)                     38,305 34,778 83,199
Net income (loss)                     158,835 145,648 121,946
Preferred stock dividends of subsidiaries                     1,995 1,995 1,995
Net income for common stock                     156,840 143,653 119,951
Capital expenditures                     419,898 415,264 376,865
Assets     6,388,682       5,967,503       6,388,682 5,967,503 5,630,613
Bank                          
Segment financial information                          
Revenues                     328,570 314,275 297,640
Depreciation and amortization                     28,675 21,443 19,416
Interest expense, net                     18,440 15,539 12,156
Income (loss) before income taxes                     112,034 106,578 98,716
Income taxes (benefit)                     23,061 24,069 31,719
Net income (loss)                     88,973 82,509 66,997
Preferred stock dividends of subsidiaries                     0 0 0
Net income for common stock                     88,973 82,509 66,997
Capital expenditures                     24,175 72,666 53,272
Assets     7,233,017       7,027,894       7,233,017 7,027,894 6,798,659
Other                          
Segment financial information                          
Revenues                     89 49 419
Depreciation and amortization                     4,076 3,958 1,300
Interest expense, net                     20,057 15,329 9,335
Income (loss) before income taxes                     (37,765) (32,543) (27,281)
Income taxes (benefit)                     (9,729) (8,050) (5,525)
Net income (loss)                     (28,036) (24,493) (21,756)
Preferred stock dividends of subsidiaries                     (105) (105) (105)
Net income for common stock                     (27,931) (24,388) (21,651)
Capital expenditures                     13,447 18,840 317
Assets     $ 123,552       $ 108,654       123,552 108,654 104,888
Operating Segments | Electric utility                          
Segment financial information                          
Revenues                     2,545,865 2,546,472 2,257,455
Operating Segments | Bank                          
Segment financial information                          
Revenues                     328,570 314,275 297,640
Operating Segments | Other                          
Segment financial information                          
Revenues                     166 102 530
Intersegment eliminations | Electric utility                          
Segment financial information                          
Revenues                     77 53 111
Intersegment eliminations | Bank                          
Segment financial information                          
Revenues                     0 0 0
Intersegment eliminations | Other                          
Segment financial information                          
Revenues                     $ (77) $ (53) $ (111)
Hamakua Energy Partners, L.P. (HEP)                          
Segment financial information                          
Power produced by power plants (in megawatts) | MW   60                 60    
Mauo, LLC                          
Segment financial information                          
Power produced by power plants (in megawatts) | MW 8.6                        
Power storage capacity (in megawatt hours) | MWh 42.3                        
Power purchase agreement term 15 years                        
Power purchase agreement extension term 5 years                        
Number of project sites expected to be placed in service during 2019 and 2020 | project 5