Segment Information

6 Months Ended

Jun. 30, 2021

Schedule of Segment Reporting Information, by Segment

The following table presents summary financial information concerning the reportable segment and other of continuing operations. See Note 17 for information regarding discontinued operations for NW Holdings.


	Three Months Ended June 30,
In thousands	NGD		Other (NW Natural)		NW Natural		Other (NW Holdings)		NW Holdings
2021
Operating revenues	$	139,614	$	4,965	$	144,579	$	4,338	$	148,917
Depreciation and amortization	27,273		257		27,530		614		28,144
Income (loss) from operations	11,331		2,808		14,139		(1,515)		12,624
Net income (loss) from continuing operations	(1,381)		1,970		589		(1,313)		(724)
Capital expenditures	60,376		693		61,069		3,337		64,406
2020
Operating revenues	$	126,992	$	4,165	$	131,157	$	3,814	$	134,971
Depreciation and amortization	24,738		248		24,986		850		25,836
Income (loss) from operations	6,434		2,465		8,899		43		8,942
Net income (loss) from continuing operations	(6,347)		1,635		(4,712)		(420)		(5,132)
Capital expenditures	61,472		521		61,993		2,843		64,836


	Six Months Ended June 30,
In thousands	NGD		Other (NW Natural)		NW Natural		Other (NW Holdings)		NW Holdings
2021
Operating revenues	$	440,952	$	15,977	$	456,929	$	7,934	$	464,863
Depreciation and amortization	54,186		513		54,699		1,542		56,241
Income (loss) from operations	97,818		11,439		109,257		(1,927)		107,330
Net income (loss) from continuing operations	52,544		8,156		60,700		(1,907)		58,793
Capital expenditures	124,368		799		125,167		4,941		130,108
Total assets at June 30, 2021	3,587,966		51,466		3,639,432		144,068		3,783,500
2020
Operating revenues	$	405,479	$	8,207	$	413,686	$	6,436	$	420,122
Depreciation and amortization	48,684		492		49,176		1,335		50,511
Income (loss) from operations	81,692		4,228		85,920		(532)		85,388
Net income (loss) from continuing operations	41,596		2,871		44,467		(1,323)		43,144
Capital expenditures	117,629		598		118,227		4,055		122,282
Total assets at June 30, 2020(1)	3,470,306		10,398		3,480,704		144,251		3,624,955
Total assets at December 31, 2020	3,549,868		49,468		3,599,336		157,043		3,756,379

(1) Total assets for NW Holdings exclude assets related to discontinued operations of $16.4 million as of June 30, 2020.

NGD Margin

The following table presents additional segment information concerning NGD margin:


	Three Months Ended June 30,				Six Months Ended June 30,
In thousands	2021		2020		2021		2020
NGD margin calculation:
NGD distribution revenues	$	134,849	$	122,071	$	431,402	$	395,632
Other regulated services	4,765		4,921		9,550		9,847
Total NGD operating revenues	139,614		126,992		440,952		405,479
Less: NGD cost of gas	41,249		41,265		153,515		149,860
Environmental remediation	1,509		1,622		5,286		5,627
Revenue taxes	5,650		4,454		18,305		16,197
NGD margin	$	91,206	$	79,651	$	263,846	$	233,795