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Consolidated Statement of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Operating activities:    
Net Income $ 41,537 $ 40,310
Adjustments to reconcile net income to cash provided by operations:    
Depreciation and amortization 20,985 21,085
Regulatory amortization of gas reserves 4,073 4,107
Deferred income taxes 13,327 20,445
Qualified defined benefit pension plan expense 1,435 1,316
Contributions to qualified defined benefit pension plans (1,720) (3,220)
Deferred environmental expenditures, net (1,280) (3,432)
Amortization of environmental remediation 4,624 6,954
Increase (Decrease) in Regulatory Liabilities 6,424 0
Other 451 1,695
Changes in assets and liabilities:    
Receivables, net 12,485 23,147
Inventories 13,173 5,645
Income taxes (6,531) 4,504
Accounts payable (19,868) (13,437)
Interest accrued 2,489 4,615
Deferred gas costs 3,519 13,454
Other, net 9,398 17,978
Cash provided by operating activities 104,521 145,166
Investing activities:    
Capital expenditures (57,431) (38,924)
Other (57) 98
Cash used in investing activities (57,488) (38,826)
Financing activities:    
Repurchases related to stock-based compensation 0 (1,943)
Long-term debt retired 22,000 0
Change in short-term debt (4,200) (53,300)
Cash dividend payments on common stock (12,781) (13,456)
Other (309) (523)
Cash used in financing activities (39,290) (69,222)
Increase in cash and cash equivalents 7,743 37,118
Cash and cash equivalents, beginning of period 3,472 3,521
Cash and cash equivalents, end of period 11,215 40,639
Supplemental disclosure of cash flow information:    
Interest paid, net of capitalization 6,261 4,394
Income taxes paid $ 9,800 $ 3,040