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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net Income $ 22,742 $ 20,028 $ 18,445
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:      
Depreciation and Amortization 13,532 13,087 12,191
Provision for Deferred Income Taxes and Investment Tax Credits 3,553 15,753 3,130
Equity Portion of Allowance for Funds Used During Construction (AFUDC) (423) (228) (207)
Cash Surrender Value of Life Insurance (101) (76) (108)
Stock Compensation Expense 829 633 539
Adoption of Repairs on Tangible Property Regulations Net 2,680
Changes in Assets and Liabilities:      
Accounts Receivable (69) (48) 1,950
Unbilled Revenues (344) (309) (285)
Materials & Supplies (1,494) (347) (269)
Prepayments 11 (46) (261)
Accounts Payable 5,818 171 26
Accrued Taxes 3,259 178 816
Accrued Interest (20) (30) (17)
Employee Benefit Plans (1,601) (129) (3,243)
Unearned Revenue & Advanced Service Fees 43 41 2
Other Assets and Liabilities 1,336 (146) (138)
NET CASH PROVIDED BY OPERATING ACTIVITIES 47,071 51,212 32,571
CASH FLOWS FROM INVESTING ACTIVITIES:      
Utility Plant Expenditures, Including AFUDC of $196 in 2016, $152 in 2015 and $110 in 2014 (47,375) (25,773) (22,596)
Restricted Cash 1,390 (100)
Investment in Joint Venture 857
NET CASH USED IN INVESTING ACTIVITIES (47,375) (24,383) (21,839)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Redemption of Long-term Debt (5,898) (6,284) (5,481)
Proceeds from Issuance of Long-term Debt 8,585 7,000 12,246
Net Short-term Bank Borrowings 9,000 (16,000) (9,450)
Deferred Debt Issuance Expense (152) (65) (141)
Common Stock Issuance Expense (22)
Restricted Cash 744  
Proceeds from Issuance of Common Stock 1,453 1,462 1,493
Payment of Common Dividends (13,137) (12,553) (12,231)
Payment of Preferred Dividends (144) (144) (151)
Construction Advances and Contributions-Net 1,007 (171) 822
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 714 (26,033) (12,893)
NET CHANGES IN CASH AND CASH EQUIVALENTS 410 796 (2,161)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 3,469 2,673 4,834
CASH AND CASH EQUIVALENTS AT END OF PERIOD 3,879 3,469 2,673
SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITY:      
Utility Plant received as Construction Advances and Contributions 1,439 2,441 6,598
Long-term Debt Deobligation 476 466  
Cash Paid During the Year for:      
Interest 5,430 5,702 5,745
Interest Capitalized 196 152 110
Income Taxes $ 5,729 $ 1,391 $ 5,903