XML 68 R52.htm IDEA: XBRL DOCUMENT v3.6.0.2
INCOME TAXES (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Effective Income Tax Rate Reconciliation, Amount [Abstract]                            
Tax at Statutory Rate                 $ 60,624 $ 37,440 $ 35,727      
Increase (Decrease) Resulting from:                            
State Income Taxes                 6,438 3,985 1,960      
ESOP Dividend                 (1,300) (1,298) (1,232)      
Amortization of Investment Tax Credits - Utility                 0 (149) (211)      
AFUDC                 (900) (1,109) (1,481)      
Investment and Other Tax Credits                 (10,706) (37,503) (30,661)      
Other - Net                 (5) (6) 347      
Income Taxes: Continuing Operations $ 19,266 $ 2,807 $ (7,189) $ 39,267 $ (1,006) $ (10,968) $ (3,279) $ 16,613 54,151 1,360 4,449      
Income Taxes: Discontinued Operations                 (133) (257) (312)      
Total Income Tax Expense                 54,018 1,103 4,137      
Current:                            
Federal                 0 0 (62)      
State                 (1,638) (2,352) 3,052      
Total Current                 (1,638) (2,352) 2,990      
Deferred:                            
Federal                 44,246 (4,622) 1,707      
State                 11,543 8,483 (37)      
Total Deferred                 55,789 3,861 1,670      
Investment Tax Credit - Utility                 0 (149) (211)      
Income Taxes: Continuing Operations 19,266 $ 2,807 $ (7,189) 39,267 (1,006) $ (10,968) $ (3,279) 16,613 54,151 1,360 4,449      
Income Taxes: Discontinued Operations                 $ (133) (257) (312)      
Annual amortization rate of investment tax credits                 3.00%          
Deferred Tax Assets:                            
Net Operating Loss Carryforward                       $ 211,004 $ 195,358  
Investment and Other Tax Credits                       213,946 200,491  
Derivatives / Unrealized Gain                       0 5,652  
Deferred State Tax                       28,833 24,833  
Pension & Other Post Retirement Benefits                       19,351 29,998  
Deferred Revenues                       7,669 4,924  
Provision for Uncollectibles                       5,231 4,200  
Other                       8,368 6,448  
Total Deferred Tax Asset                       494,402 471,904  
Deferred Tax Liabilities:                            
Book versus Tax Basis of Property                       732,535 675,521  
Deferred Gas Costs - Net                       2,052 3,998  
Derivatives / Unrealized Loss                       1,794 0  
Environmental Remediation                       32,885 19,207  
Deferred Regulatory Costs                       1,554 566  
Budget Billing - Customer Accounts                       3,347 830  
Deferred Pension & Other Post Retirement Benefits                       34,432 42,216  
Conservation Incentive Program                       11,846 1,132  
Equity In Loss Of Affiliated Companies                       3,092 9,111  
Other                       14,414 15,268  
Total Deferred Tax Liability                       837,951 767,849  
Deferred Tax Liability - Net                       343,549 295,945  
Research and development credits                       3,300    
Unrecognized tax benefits 1,445     559 559     552 $ 559 552 547 1,445 559 $ 552
Accrued interest and penalties on unrecognized tax benefits                       700 $ 700 $ 700
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]                            
Balance (beginning)       $ 559       $ 552 559 552 547      
Increase as a result of tax positions taken in prior years                 886 7 5      
Balance (ending) $ 1,445       $ 559       $ 1,445 $ 559 $ 552      
Federal                            
Deferred Tax Liabilities:                            
Net Operating Loss Carryforwards                       557,678    
Investment Tax Credit Carryforward                       209,424    
Alternative minimum tax credits                       1,200    
Federal | 2030                            
Deferred Tax Liabilities:                            
Investment Tax Credit Carryforward                       11,628    
Federal | 2031                            
Deferred Tax Liabilities:                            
Net Operating Loss Carryforwards                       163,572    
Investment Tax Credit Carryforward                       25,664    
Federal | 2032                            
Deferred Tax Liabilities:                            
Net Operating Loss Carryforwards                       42,988    
Investment Tax Credit Carryforward                       32,071    
Federal | 2033                            
Deferred Tax Liabilities:                            
Net Operating Loss Carryforwards                       67,496    
Investment Tax Credit Carryforward                       45,606    
Federal | 2034                            
Deferred Tax Liabilities:                            
Net Operating Loss Carryforwards                       119,122    
Investment Tax Credit Carryforward                       37,699    
Federal | 2035                            
Deferred Tax Liabilities:                            
Net Operating Loss Carryforwards                       70,992    
Investment Tax Credit Carryforward                       45,097    
Federal | 2036                            
Deferred Tax Liabilities:                            
Net Operating Loss Carryforwards                       93,508    
Investment Tax Credit Carryforward                       11,659    
State                            
Deferred Tax Liabilities:                            
Net Operating Loss Carryforwards                       220,013    
State | 2031                            
Deferred Tax Liabilities:                            
Net Operating Loss Carryforwards                       45,866    
State | 2032                            
Deferred Tax Liabilities:                            
Net Operating Loss Carryforwards                       19,356    
State | 2033                            
Deferred Tax Liabilities:                            
Net Operating Loss Carryforwards                       34,940    
State | 2034                            
Deferred Tax Liabilities:                            
Net Operating Loss Carryforwards                       28,622    
State | 2035                            
Deferred Tax Liabilities:                            
Net Operating Loss Carryforwards                       9,860    
State | 2036                            
Deferred Tax Liabilities:                            
Net Operating Loss Carryforwards                       $ 81,369