Segment Information (Tables)

12 Months Ended

Dec. 31, 2021

Schedule of Segment Reporting Information, by Segment

The following table presents summary financial information concerning the reportable segment and other for continuing operations. See Note 18 for information regarding discontinued operations for NW Holdings.


In thousands	NGD		Other (NW Natural)		NW Natural		Other (NW Holdings)		NW Holdings
2021
Operating revenues	$	816,887	$	26,170	$	843,057	$	17,343	$	860,400
Depreciation and amortization	109,475		1,029		110,504		3,030		113,534
Income (loss) from operations	147,902		17,331		165,233		(2,116)		163,117
Net income (loss) from continuing operations	68,988		12,184		81,172		(2,506)		78,666
Capital expenditures	275,267		2,970		278,237		15,655		293,892
Total assets at December 31, 2021	3,846,112		52,260		3,898,372		166,232		4,064,604
2020
Operating revenues	$	741,072	$	17,676	$	758,748	$	14,931	$	773,679
Depreciation and amortization	100,591		995		101,586		2,097		103,683
Income (loss) from operations	137,724		9,916		147,640		711		148,351
Net income (loss) from continuing operations	63,555		7,008		70,563		(290)		70,273
Capital expenditures	263,777		2,271		266,048		6,968		273,016
Total assets at December 31, 2020	3,549,868		49,468		3,599,336		157,043		3,756,379
2019
Operating revenues	$	720,528	$	19,416	$	739,944	$	6,428	$	746,372
Depreciation and amortization	89,415		990		90,405		1,091		91,496
Income (loss) from operations	135,918		11,428		147,346		(3,872)		143,474
Net income (loss) from continuing operations	60,828		8,146		68,974		(3,663)		65,311
Capital expenditures	219,880		1,500		221,380		2,091		223,471
Total assets at December 31, 2019(1)	3,273,835		47,652		3,321,487		91,833		3,413,320

(1) Total assets for NW Holdings exclude assets related to discontinued operations of $15.1 million as of December 31, 2019.

Utility Margin

The following table presents additional segment information concerning NGD margin:


In thousands	2021		2020		2019
NGD margin calculation:
NGD operating revenues	$	797,800	$	721,950	$	708,472
Other regulated services	19,087		19,122		12,056
Total NGD operating revenues	816,887		741,072		720,528
Less: NGD cost of gas	292,538		262,980		255,135
Environmental remediation expense	9,938		9,691		12,337
Revenue taxes	34,600		30,291		30,325
NGD margin	$	479,811	$	438,110	$	422,731