XML 34 R2.htm IDEA: XBRL DOCUMENT v3.2.0.727
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Utility plant:    
Gas plant $ 5,681,417 $ 5,556,599
Less: accumulated depreciation (2,029,322) (1,973,098)
Acquisition adjustments, net 460 550
Construction work in progress 79,906 74,332
Net utility plant 3,732,461 3,658,383
Other property and investments 325,449 326,743
Restricted cash 0 821
Current assets:    
Cash and cash equivalents 48,909 39,566
Accounts receivable, net of allowances 273,447 281,824
Accrued utility revenue 31,800 73,900
Income taxes receivable, net 13,997 21,853
Deferred income taxes, net 10,492 2,109
Deferred purchased gas costs 3,751 87,556
Prepaids and other current assets 98,445 99,975
Total current assets 480,841 606,783
Noncurrent assets:    
Goodwill 138,257 143,160
Deferred income taxes 1,473 0
Deferred charges and other assets 468,381 478,625
Total noncurrent assets 608,111 621,785
Total assets 5,146,862 5,214,515
Capitalization:    
Common stock, $1 par (authorized - 60,000,000 shares; issued and outstanding - 47,042,327 and 46,523,184 shares) 48,672 48,153
Additional paid-in capital 873,622 851,381
Accumulated other comprehensive income (loss), net (48,750) (50,175)
Retained earnings 678,288 639,164
Total Southwest Gas Corporation equity 1,551,832 1,488,523
Noncontrolling interest (2,199) (2,257)
Total equity 1,549,633 1,486,266
Redeemable noncontrolling interest 19,301 20,042
Long-term debt, less current maturities 1,521,683 1,637,592
Total capitalization 3,090,617 3,143,900
Current liabilities:    
Current maturities of long-term debt 20,050 19,192
Short-term debt 0 5,000
Accounts payable 130,363 167,988
Customer deposits 72,744 71,546
Income taxes payable 4,271 0
Accrued general taxes 39,784 44,339
Accrued interest 16,159 16,468
Deferred income taxes 16,378 0
Deferred purchased gas costs 27,216 0
Other current liabilities 139,225 145,584
Total current liabilities 466,190 470,117
Deferred income taxes and other credits:    
Deferred income taxes and investment tax credits 721,352 723,688
Accumulated removal costs 302,000 304,000
Other deferred credits and other long-term liabilities 566,703 572,810
Total deferred income taxes and other credits 1,590,055 1,600,498
Total capitalization and liabilities $ 5,146,862 $ 5,214,515