Disaggregation of revenue |
The following tables disaggregate revenues by major source, timing of revenue recognition, and segment: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended September 30, 2020 | | Nine months ended September 30, 2020 | (in thousands) | | Electric utility | | Bank | | Other | | Total | | Electric utility | | Bank | | Other | | Total | Revenues from contracts with customers | | | | | | | | | | | | | | | | | Electric energy sales - residential | | $ | 191,321 | | | $ | — | | | $ | — | | | $ | 191,321 | | | $ | 569,177 | | | $ | — | | | $ | — | | | $ | 569,177 | | Electric energy sales - commercial | | 171,156 | | | — | | | — | | | 171,156 | | | 528,135 | | | — | | | — | | | 528,135 | | Electric energy sales - large light and power | | 176,200 | | | — | | | — | | | 176,200 | | | 568,887 | | | — | | | — | | | 568,887 | | Electric energy sales - other | | 1,935 | | | — | | | — | | | 1,935 | | | 7,172 | | | — | | | — | | | 7,172 | | Bank fees | | — | | | 9,589 | | | — | | | 9,589 | | | — | | | 28,356 | | | — | | | 28,356 | | Solar energy sales | | — | | | — | | | 211 | | | 211 | | | — | | | — | | | 240 | | | 240 | | Total revenues from contracts with customers | | 540,612 | | | 9,589 | | | 211 | | | 550,412 | | | 1,673,371 | | | 28,356 | | | 240 | | | 1,701,967 | | Revenues from other sources | | | | | | | | | | | | | | | | | Regulatory revenue | | 15,457 | | | — | | | — | | | 15,457 | | | 2,979 | | | — | | | — | | | 2,979 | | Bank interest and dividend income | | — | | | 59,640 | | | — | | | 59,640 | | | — | | | 184,444 | | | — | | | 184,444 | | Other bank noninterest income | | — | | | 9,415 | | | — | | | 9,415 | | | — | | | 20,296 | | | — | | | 20,296 | | Other | | 6,499 | | | — | | | 4 | | | 6,503 | | | 17,875 | | | — | | | (3) | | | 17,872 | | Total revenues from other sources | | 21,956 | | | 69,055 | | | 4 | | | 91,015 | | | 20,854 | | | 204,740 | | | (3) | | | 225,591 | | Total revenues | | $ | 562,568 | | | $ | 78,644 | | | $ | 215 | | | $ | 641,427 | | | $ | 1,694,225 | | | $ | 233,096 | | | $ | 237 | | | $ | 1,927,558 | | Timing of revenue recognition | | | | | | | | | | | | | | | | | Services/goods transferred at a point in time | | $ | — | | | $ | 9,589 | | | $ | — | | | $ | 9,589 | | | $ | — | | | $ | 28,356 | | | $ | — | | | $ | 28,356 | | Services/goods transferred over time | | 540,612 | | | — | | | 211 | | | 540,823 | | | 1,673,371 | | | — | | | 240 | | | 1,673,611 | | Total revenues from contracts with customers | | $ | 540,612 | | | $ | 9,589 | | | $ | 211 | | | $ | 550,412 | | | $ | 1,673,371 | | | $ | 28,356 | | | $ | 240 | | | $ | 1,701,967 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended September 30, 2019 | | Nine months ended September 30, 2019 | (in thousands) | | Electric utility | | Bank | | Other | | Total | | Electric utility | | Bank | | Other | | Total | Revenues from contracts with customers | | | | | | | | | | | | | | | | | Electric energy sales - residential | | $ | 230,051 | | | $ | — | | | $ | — | | | $ | 230,051 | | | $ | 601,664 | | | $ | — | | | $ | — | | | $ | 601,664 | | Electric energy sales - commercial | | 230,411 | | | — | | | — | | | 230,411 | | | 635,097 | | | — | | | — | | | 635,097 | | Electric energy sales - large light and power | | 248,457 | | | — | | | — | | | 248,457 | | | 679,252 | | | — | | | — | | | 679,252 | | Electric energy sales - other | | 4,081 | | | — | | | — | | | 4,081 | | | 11,933 | | | — | | | — | | | 11,933 | | | | | | | | | | | | | | | | | | | Bank fees | | — | | | 12,111 | | | — | | | 12,111 | | | — | | | 34,976 | | | — | | | 34,976 | | Total revenues from contracts with customers | | 713,000 | | | 12,111 | | | — | | | 725,111 | | | 1,927,946 | | | 34,976 | | | — | | | 1,962,922 | | Revenues from other sources | | | | | | | | | | | | | | | | | Regulatory revenue | | (30,800) | | | — | | | — | | | (30,800) | | | (44,953) | | | — | | | — | | | (44,953) | | Bank interest and dividend income | | — | | | 66,859 | | | — | | | 66,859 | | | — | | | 201,502 | | | — | | | 201,502 | | Other bank noninterest income | | — | | | 3,578 | | | — | | | 3,578 | | | — | | | 10,809 | | | — | | | 10,809 | | Other | | 6,130 | | | — | | | 4 | | | 6,134 | | | 17,616 | | | — | | | 86 | | | 17,702 | | Total revenues from other sources | | (24,670) | | | 70,437 | | | 4 | | | 45,771 | | | (27,337) | | | 212,311 | | | 86 | | | 185,060 | | Total revenues | | $ | 688,330 | | | $ | 82,548 | | | $ | 4 | | | $ | 770,882 | | | $ | 1,900,609 | | | $ | 247,287 | | | $ | 86 | | | $ | 2,147,982 | | Timing of revenue recognition | | | | | | | | | | | | | | | | | Services/goods transferred at a point in time | | $ | — | | | $ | 12,111 | | | $ | — | | | $ | 12,111 | | | $ | — | | | $ | 34,976 | | | $ | — | | | $ | 34,976 | | Services/goods transferred over time | | 713,000 | | | — | | | — | | | 713,000 | | | 1,927,946 | | | — | | | — | | | 1,927,946 | | Total revenues from contracts with customers | | $ | 713,000 | | | $ | 12,111 | | | $ | — | | | $ | 725,111 | | | $ | 1,927,946 | | | $ | 34,976 | | | $ | — | | | $ | 1,962,922 | |
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