New Jersey Resources Corporation(NYSE:NJR) 
New Jersey Resources Corporation, an energy services holding company, provides regulated gas distribution, and retail and wholesale energy services. The company operates through four segments: Natural Gas Distribution, Clean Energy Ventures, Energy Services, and Storage and Transportation. The Natur...
Website: http://www.njresources.com
Founded: 1981
Full Time Employees: 1,156
Sector: Utilities
Industry: Utilities-Regulated Gas
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At a glance:
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Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-03-31 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2016-12-31 | 2015-06-30 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2007-12-31 | 2007-03-31 | 2006-12-31 | 2006-09-30 | 2006-06-30 | 2006-03-31 | 2005-12-31 | 2005-09-30 | 2005-06-30 | 2005-03-31 | 2004-12-31 | 2004-09-30 | 2004-06-30 | 2004-03-31 | 2003-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
operating revenues | 811,138,000 | 1,024,636,000 | 741,465,000 | 534,507,000 | 536,103,000 | 1,064,422,000 | 1,164,576,000 | 684,937,000 | 544,280,000 | 1,065,057,000 | 853,988,000 | 414,397,000 | 438,503,000 | 1,037,661,000 | 643,454,000 | ||||||||||||||||||||||||||||||||||||||||
utility | 640,922,000 | 409,901,000 | 144,938,000 | 204,790,000 | 618,341,000 | 333,427,000 | 104,753,000 | 157,773,000 | 462,863,000 | 293,093,000 | 108,404,000 | 144,971,000 | 400,500,000 | 357,409,000 | 190,151,000 | 199,357,000 | 463,474,000 | 274,435,000 | 97,937,000 | 127,626,000 | 310,167,000 | 195,729,000 | 84,548,000 | 128,532,000 | 297,220,000 | 219,623,000 | 301,420,000 | 104,538,000 | 317,064,000 | 209,787,000 | 185,556,000 | 116,307,000 | 208,727,000 | 80,035,000 | 111,383,000 | 394,528,000 | 233,469,000 | 119,022,000 | 351,750,000 | 218,849,000 | |||||||||||||||
nonutility | 298,479,000 | 194,953,000 | 191,140,000 | 94,156,000 | 294,686,000 | 154,934,000 | 291,027,000 | 117,863,000 | 195,050,000 | 174,117,000 | 222,921,000 | 119,104,000 | 243,527,000 | 366,158,000 | 575,335,000 | 352,978,000 | 448,842,000 | 401,407,000 | 434,591,000 | 239,967,000 | 492,020,000 | 258,576,000 | 315,496,000 | 170,442,000 | 342,394,000 | 395,413,000 | 564,835,000 | 438,897,000 | 701,979,000 | 495,518,000 | 355,472,000 | 342,160,000 | 615,397,000 | 511,879,000 | 576,874,000 | 1,185,041,000 | 644,936,000 | 648,447,000 | 609,135,000 | 517,170,000 | |||||||||||||||
total operating revenues | 939,401,000 | 604,854,000 | 336,078,000 | 298,946,000 | 913,027,000 | 488,361,000 | 395,780,000 | 275,636,000 | 657,913,000 | 467,210,000 | 331,325,000 | 264,075,000 | 644,027,000 | 723,567,000 | 765,486,000 | 552,335,000 | 912,316,000 | 675,842,000 | 532,528,000 | 367,593,000 | 802,187,000 | 454,305,000 | 400,044,000 | 298,974,000 | 639,614,000 | 615,036,000 | 866,255,000 | 543,435,000 | 1,019,043,000 | 705,305,000 | 541,028,000 | 458,467,000 | 824,124,000 | 591,914,000 | 688,257,000 | 1,579,569,000 | 878,405,000 | 767,469,000 | 960,885,000 | 736,019,000 | |||||||||||||||
operating expenses | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
natural gas purchases: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
related parties | 1,242,000 | 1,277,000 | 1,300,000 | 1,268,000 | 1,666,000 | 1,718,000 | 1,740,000 | 1,729,000 | 1,799,000 | 1,879,000 | 1,739,000 | 1,870,000 | 1,770,000 | 1,827,000 | 1,828,000 | 1,838,000 | 1,883,000 | 1,846,000 | 1,850,000 | 1,699,000 | 1,730,000 | 1,734,000 | 1,535,000 | 1,518,000 | 1,506,000 | 1,524,000 | 2,144,000 | 2,156,000 | 2,087,000 | 2,149,000 | 2,111,000 | 3,102,000 | 3,264,000 | ||||||||||||||||||||||
operation and maintenance | 112,496,000 | 86,681,000 | 110,700,000 | 100,133,000 | 111,041,000 | 88,632,000 | 88,596,000 | 104,378,000 | 107,223,000 | 94,439,000 | 100,759,000 | 94,213,000 | 99,095,000 | 79,501,000 | 118,723,000 | 88,373,000 | 85,786,000 | 68,984,000 | 101,126,000 | 81,878,000 | 110,265,000 | 73,636,000 | 79,425,000 | 68,541,000 | 66,832,000 | 63,345,000 | 62,959,000 | 69,447,000 | 57,749,000 | 55,111,000 | 52,228,000 | 48,598,000 | 44,759,000 | 65,889,000 | 45,995,000 | 61,273,000 | 42,023,000 | 43,630,000 | 43,067,000 | 40,070,000 | 32,179,000 | 32,337,000 | 28,316,000 | 21,911,000 | 28,657,000 | 29,772,000 | 27,731,000 | 30,237,000 | 24,298,000 | 24,873,000 | 28,663,000 | 24,515,000 | 24,947,000 | 26,871,000 | 25,022,000 |
regulatory rider expenses | 59,450,000 | 33,154,000 | 5,243,000 | 10,979,000 | 48,501,000 | 22,476,000 | 3,566,000 | 8,343,000 | 29,229,000 | 19,189,000 | 3,017,000 | 6,120,000 | 23,154,000 | 18,251,000 | 3,496,000 | 8,360,000 | 30,910,000 | 16,671,000 | 3,734,000 | 5,456,000 | 18,413,000 | 10,701,000 | 1,993,000 | 5,464,000 | 15,330,000 | 11,742,000 | 15,391,000 | 5,542,000 | 19,604,000 | 11,769,000 | 12,601,000 | 8,516,000 | 21,463,000 | 4,784,000 | 9,337,000 | 38,211,000 | 19,832,000 | 6,258,000 | 23,774,000 | 13,982,000 | 12,165,000 | 18,135,000 | 9,466,000 | 5,726,000 | 4,005,000 | 12,405,000 | 9,458,000 | 2,887,000 | 4,793,000 | 14,786,000 | 9,128,000 | 1,214,000 | 1,356,000 | 4,340,000 | 2,630,000 |
depreciation and amortization | 50,129,000 | 49,576,000 | 48,478,000 | 47,000,000 | 47,967,000 | 45,329,000 | 45,298,000 | 40,907,000 | 40,075,000 | 40,287,000 | 39,291,000 | 38,877,000 | 38,090,000 | 36,683,000 | 34,549,000 | 32,872,000 | 31,435,000 | 30,393,000 | 29,410,000 | 27,767,000 | 26,848,000 | 27,362,000 | 30,136,000 | 31,216,000 | 30,784,000 | 27,758,000 | 22,311,000 | 20,320,000 | 22,460,000 | 21,854,000 | 19,260,000 | 15,574,000 | 14,386,000 | 13,728,000 | 13,620,000 | 12,828,000 | 12,566,000 | 11,942,000 | 11,721,000 | 11,303,000 | 9,403,000 | 8,986,000 | 8,902,000 | 7,752,000 | 8,735,000 | 8,612,000 | 8,576,000 | 8,540,000 | 8,424,000 | 8,352,000 | 8,359,000 | 7,800,000 | 8,113,000 | 8,306,000 | 8,230,000 |
gain on sale of assets | -2,108,000 | -545,000 | -688,000 | -54,859,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
total operating expenses | 638,374,000 | 425,646,000 | 295,675,000 | 300,008,000 | 633,078,000 | 298,784,000 | 249,653,000 | 269,700,000 | 487,691,000 | 331,391,000 | 267,032,000 | 259,341,000 | 478,843,000 | 550,778,000 | 684,580,000 | 522,526,000 | 773,441,000 | 518,957,000 | 529,410,000 | 395,049,000 | 600,979,000 | 342,825,000 | 360,182,000 | 319,165,000 | 544,399,000 | 513,539,000 | 789,254,000 | 581,101,000 | 841,251,000 | 630,060,000 | 499,553,000 | 467,776,000 | 655,427,000 | 620,752,000 | 717,465,000 | 1,332,557,000 | 866,181,000 | 720,469,000 | 903,916,000 | 648,828,000 | 756,601,000 | 885,195,000 | 689,321,000 | 408,005,000 | 539,502,000 | 959,480,000 | 1,102,907,000 | 694,343,000 | 538,429,000 | 976,762,000 | 800,360,000 | 421,516,000 | 433,431,000 | 950,643,000 | 600,799,000 |
operating income | 301,027,000 | 179,208,000 | 40,403,000 | -1,062,000 | 279,949,000 | 189,577,000 | 146,127,000 | 5,936,000 | 170,222,000 | 135,819,000 | 64,293,000 | 4,734,000 | 165,184,000 | 172,789,000 | 80,906,000 | 29,809,000 | 138,875,000 | 156,885,000 | 3,118,000 | -27,456,000 | 201,208,000 | 111,480,000 | 39,862,000 | -20,191,000 | 95,215,000 | 101,497,000 | 77,001,000 | -37,666,000 | 177,792,000 | 75,245,000 | 41,475,000 | -9,309,000 | 168,697,000 | -28,838,000 | -29,208,000 | 247,012,000 | 12,224,000 | 47,000,000 | 56,969,000 | 87,191,000 | 54,537,000 | 139,441,000 | 52,144,000 | -24,844,000 | -3,399,000 | 104,942,000 | 61,669,000 | -9,406,000 | 5,851,000 | 88,295,000 | 53,628,000 | -7,119,000 | 5,072,000 | 87,018,000 | 42,655,000 |
yoy | 7.53% | -5.47% | -72.35% | -117.89% | 64.46% | 39.58% | 127.28% | 25.39% | 3.05% | -21.40% | -20.53% | -84.12% | 18.94% | 10.14% | 2494.80% | -208.57% | -30.98% | 40.73% | -92.18% | 35.98% | 111.32% | 9.84% | -48.23% | -46.39% | -46.45% | 34.89% | 85.66% | 304.62% | 5.39% | -360.92% | -242.00% | -103.77% | 1280.05% | -161.36% | -151.27% | 183.30% | -77.59% | -66.29% | 9.25% | -450.95% | -1704.50% | 32.87% | -15.45% | 164.13% | -158.09% | 18.85% | 14.99% | 32.13% | 15.36% | 1.47% | 25.73% | ||||
qoq | 67.98% | 343.55% | -3904.43% | -100.38% | 47.67% | 29.73% | 2361.71% | -96.51% | 25.33% | 111.25% | 1258.11% | -97.13% | -4.40% | 113.57% | 171.41% | -78.54% | -11.48% | 4931.59% | -111.36% | -113.65% | 80.49% | 179.66% | -297.42% | -121.21% | -6.19% | 31.81% | -304.43% | -121.19% | 136.28% | 81.42% | -545.54% | -105.52% | -684.98% | -1.27% | -111.82% | 1920.71% | -73.99% | -17.50% | -34.66% | 59.87% | -60.89% | 167.42% | -309.89% | 630.92% | -103.24% | 70.17% | -755.63% | -260.76% | -93.37% | 64.64% | -853.31% | -240.36% | -94.17% | 104.00% | |
other income | 16,295,000 | 11,360,000 | 6,581,000 | 11,040,000 | 17,006,000 | 11,617,000 | 10,237,000 | 9,555,000 | 15,420,000 | 6,341,000 | 10,938,000 | 5,711,000 | 4,779,000 | 4,655,000 | 9,744,000 | 4,288,000 | 4,127,000 | 4,136,000 | 10,656,000 | 4,817,000 | 5,007,000 | 4,117,000 | 13,618,000 | 2,713,000 | 7,261,000 | 286,000 | 2,758,000 | 2,682,000 | 1,980,000 | 6,927,000 | 3,776,000 | 1,491,000 | -110,000 | -5,240,000 | 10,952,000 | 712,000 | 1,127,000 | 1,238,000 | 2,781,000 | 265,000 | 1,528,000 | 1,989,000 | 3,328,000 | 1,769,000 | 1,642,000 | 2,536,000 | 1,659,000 | 1,480,000 | 1,684,000 | 2,711,000 | 1,054,000 | 551,000 | 972,000 | ||
interest expense, net of capitalized interest | 34,975,000 | 35,676,000 | 30,483,000 | 31,694,000 | 32,527,000 | 33,891,000 | 36,012,000 | 31,169,000 | 31,621,000 | 31,473,000 | 33,143,000 | 30,119,000 | 30,261,000 | 29,491,000 | 26,016,000 | 21,411,000 | 18,926,000 | 19,477,000 | 19,876,000 | 18,744,000 | 20,153,000 | 19,786,000 | 17,180,000 | 15,144,000 | 19,203,000 | 16,070,000 | 12,509,000 | 11,037,000 | 11,798,000 | 11,905,000 | 10,615,000 | 7,327,000 | 7,195,000 | 6,355,000 | 6,507,000 | 6,306,000 | 6,295,000 | 6,008,000 | 5,746,000 | 5,825,000 | |||||||||||||||
income before income taxes and equity in earnings of affiliates | 282,347,000 | 154,892,000 | 16,501,000 | -21,716,000 | 264,428,000 | 167,303,000 | 120,352,000 | -15,678,000 | 154,021,000 | 110,687,000 | 42,088,000 | -19,674,000 | 139,702,000 | 147,953,000 | 64,634,000 | 12,686,000 | 124,076,000 | 141,544,000 | -6,102,000 | -41,383,000 | 186,062,000 | 95,811,000 | 36,300,000 | -32,622,000 | 83,273,000 | 85,713,000 | 67,250,000 | -46,021,000 | 167,974,000 | 70,267,000 | 34,636,000 | -15,145,000 | 161,392,000 | -40,433,000 | -24,763,000 | 241,418,000 | 7,056,000 | 42,230,000 | 54,004,000 | 81,631,000 | 48,255,000 | ||||||||||||||
income tax provision | 66,176,000 | 34,225,000 | 3,121,000 | -5,142,000 | 61,593,000 | 37,384,000 | 30,787,000 | -2,764,000 | 33,947,000 | 22,936,000 | 6,216,000 | -20,505,000 | 30,586,000 | 32,978,000 | 12,144,000 | 4,434,000 | 28,810,000 | 30,807,000 | -4,427,000 | -18,785,000 | 39,057,000 | 17,441,000 | -2,952,000 | -28,534,000 | 30,901,000 | -50,168,000 | 2,018,000 | 40,867,000 | -13,537,000 | -7,808,000 | 71,680,000 | 1,505,000 | 12,065,000 | 23,980,000 | 18,494,000 | 53,473,000 | 18,134,000 | -9,826,000 | -3,013,000 | 39,188,000 | 22,564,000 | -5,014,000 | 778,000 | 33,389,000 | 19,760,000 | -3,426,000 | 924,000 | 32,851,000 | 15,596,000 | ||||||
equity in earnings of affiliates | 2,741,000 | 1,823,000 | 1,692,000 | 1,523,000 | 1,452,000 | 1,400,000 | 1,561,000 | 1,340,000 | 738,000 | 1,660,000 | 1,152,000 | 701,000 | 1,131,000 | 946,000 | 2,032,000 | 4,801,000 | 769,000 | 575,000 | 542,000 | -89,233,000 | 2,804,000 | 2,675,000 | 4,120,000 | 3,213,000 | 3,589,000 | 3,389,000 | 3,371,000 | 3,213,000 | 3,193,000 | 3,264,000 | 2,311,000 | 3,367,000 | 2,795,000 | 2,476,000 | 2,681,000 | 3,233,000 | 2,142,000 | 2,222,000 | 3,530,000 | 2,555,000 | |||||||||||||||
net income | 218,912,000 | 122,490,000 | 15,072,000 | -15,051,000 | 204,287,000 | 131,319,000 | 91,126,000 | -11,574,000 | 120,812,000 | 89,411,000 | 37,024,000 | 1,532,000 | 110,247,000 | 115,921,000 | 54,522,000 | 13,053,000 | 96,035,000 | 111,312,000 | -1,133,000 | -111,831,000 | 149,809,000 | 81,045,000 | 43,272,000 | -27,219,000 | 88,505,000 | 89,361,000 | 73,573,000 | -14,274,000 | 140,266,000 | 123,699,000 | 34,929,000 | -7,460,000 | 123,320,000 | -24,420,000 | -14,274,000 | 172,971,000 | 7,693,000 | 29,155,000 | 45,469,000 | 60,206,000 | 30,185,000 | 80,527,000 | 28,124,000 | -11,971,000 | -3,975,000 | 60,201,000 | 34,264,000 | -7,362,000 | 1,835,000 | 51,665,000 | 30,202,000 | -5,385,000 | 1,554,000 | 51,027,000 | 24,378,000 |
yoy | 7.16% | -6.72% | -83.46% | 30.04% | 69.09% | 46.87% | 146.13% | -855.48% | 9.58% | -22.87% | -32.09% | -88.26% | 14.80% | 4.14% | -4912.18% | -111.67% | -35.90% | 37.35% | -102.62% | 310.86% | 69.27% | -9.31% | -41.18% | 90.69% | -36.90% | -27.76% | 110.64% | 91.34% | 13.74% | -606.55% | -344.70% | -104.31% | 1503.02% | -183.76% | -131.39% | 187.30% | -74.51% | -63.79% | 61.67% | -602.93% | -859.37% | 33.76% | -17.92% | 62.61% | -316.62% | 16.52% | 13.45% | 36.71% | 18.08% | 1.25% | 23.89% | ||||
qoq | 78.72% | 712.70% | -200.14% | -107.37% | 55.57% | 44.11% | -887.33% | -109.58% | 35.12% | 141.49% | 2316.71% | -98.61% | -4.89% | 112.61% | 317.70% | -86.41% | -13.72% | -9924.54% | -98.99% | -174.65% | 84.85% | 87.29% | -258.98% | -130.75% | -0.96% | 21.46% | -615.43% | -110.18% | 13.39% | 254.14% | -568.22% | -106.05% | -605.00% | 71.08% | -108.25% | 2148.42% | -73.61% | -35.88% | -24.48% | 99.46% | -62.52% | 186.33% | -334.93% | 201.16% | -106.60% | 75.70% | -565.42% | -501.20% | -96.45% | 71.06% | -660.85% | -446.53% | -96.95% | 109.32% | |
income per common share | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 2,170 | 1,220 | 800 | -150 | |||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | 2,160 | 1,210 | 795 | -150 | |||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average shares outstanding | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 100,849,000 | 100,701,000 | 100,244,000 | 100,373,000 | 100,291,000 | 99,855,000 | 98,634,000 | 98,983,000 | 98,377,000 | 97,869,000 | 97,028,000 | 97,168,000 | 96,893,000 | 96,485,000 | 96,100,000 | 96,154,000 | 96,068,000 | 95,944,000 | 96,227,000 | 96,348,000 | 96,248,000 | 96,114,000 | 94,798,000 | 95,764,000 | 95,584,000 | 91,911,000 | 88,836,000 | 87,888,000 | 87,595,000 | 86,996,000 | 86,084,000 | 85,449,000 | 42,276,000 | 42,099,000 | 42,117,000 | 42,079,000 | 42,021,000 | 41,608,000 | 41,789,000 | 41,695,000 | 27,785,000 | 27,893,000 | 27,713,000 | 28,055,000 | |||||||||||
diluted | 101,482,000 | 101,229,000 | 100,788,000 | 100,373,000 | 100,933,000 | 100,478,000 | 99,289,000 | 98,983,000 | 99,102,000 | 98,563,000 | 97,627,000 | 97,886,000 | 97,556,000 | 97,083,000 | 96,488,000 | 96,620,000 | 96,516,000 | 96,356,000 | 96,560,000 | 96,348,000 | 96,618,000 | 96,415,000 | 95,107,000 | 95,764,000 | 95,890,000 | 92,320,000 | 89,228,000 | 87,888,000 | 87,989,000 | 87,347,000 | 86,855,000 | 85,449,000 | 42,787,000 | 42,461,000 | 42,117,000 | 42,457,000 | 42,239,000 | 41,732,000 | 41,972,000 | 41,758,000 | 27,952,000 | 28,047,000 | 27,904,000 | 28,396,000 | |||||||||||
earnings per common share | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 2,040 | 1,320 | 920 | -120 | 1,230 | 910 | 380 | 20 | 1,140 | 1,200 | 570 | 140 | 1,000 | 1,160 | -10 | -1,160 | 1,560 | 840 | 450 | -280 | 930 | 970 | 830 | -160 | 1,600 | 1,420 | 410 | -90 | 2,920 | -580 | -340 | 4,110 | 180 | 700 | 1,090 | 1,440 | 1,090 | 2,890 | 1,010 | 812.5 | -140 | 2,160 | 1,240 | -260 | 70 | 1,870 | 1,090 | -200 | 60 | 1,860 | |||||
diluted | 2,020 | 1,310 | 920 | -120 | 1,220 | 910 | 380 | 20 | 1,130 | 1,190 | 570 | 140 | 1,000 | 1,160 | -10 | -1,160 | 1,550 | 840 | 450 | -280 | 920 | 970 | 820 | -160 | 1,590 | 1,420 | 400 | -90 | 2,880 | -580 | -340 | 4,070 | 180 | 700 | 1,080 | 1,440 | 1,080 | 2,870 | 1,010 | 805 | -140 | 2,140 | 1,230 | -260 | 70 | 1,840 | 1,060 | -190 | 60 | 1,820 | |||||
gas purchases: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax benefit | -2,852,000 | -2,190,000 | -1,643,000 | -259,000 | -4,318,000 | 15,297,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
energy and other taxes | 3,064,000 | 7,822,000 | 21,542,000 | 16,491,000 | 14,101,000 | 8,319,000 | 14,321,000 | 6,450,000 | 9,437,000 | 24,429,000 | 17,028,000 | 9,397,000 | 24,747,000 | 16,725,000 | 18,160,000 | 30,268,000 | 13,952,000 | 3,113,000 | 8,428,000 | 26,003,000 | 18,667,000 | 5,722,000 | 8,878,000 | 25,827,000 | 15,784,000 | 5,080,000 | 7,541,000 | 23,079,000 | 13,971,000 | ||||||||||||||||||||||||||
dividends declared per common share | 272.5 | 272.5 | 272.5 | 255 | 230 | 450 | 450 | 420 | |||||||||||||||||||||||||||||||||||||||||||||||
dividends per common share | 420 | 420 | 400 | 400 | 400 | 400 | 380 | 380 | 270 | 360 | 360 | 360 | 340 | 340 | 340 | 340 | 325 | 325 | 325 | 325 | |||||||||||||||||||||||||||||||||||
gas purchases | 684,694,000 | 795,469,000 | 628,685,000 | 369,503,000 | 489,677,000 | 882,688,000 | 1,038,475,000 | 646,957,000 | 492,036,000 | 902,924,000 | 738,426,000 | 382,907,000 | 391,474,000 | 888,047,000 | 550,946,000 | ||||||||||||||||||||||||||||||||||||||||
interest charges | 7,810,000 | 7,091,000 | 7,875,000 | 2,460,000 | 5,358,000 | 6,173,000 | 6,483,000 | 5,506,000 | 4,897,000 | 4,721,000 | 5,350,000 | 4,403,000 | 3,648,000 | 3,691,000 | 3,653,000 | ||||||||||||||||||||||||||||||||||||||||
equity in earnings of affiliates, net of tax | 424,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
pro-forma earnings per common share | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 720 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | 720 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
other income and expense | 1,650,000 | 620,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
income before income taxes | 134,000,000 | 46,258,000 | -23,976,000 | -6,988,000 | 99,389,000 | 56,828,000 | -12,376,000 | 2,613,000 | 85,054,000 | 49,962,000 | -8,811,000 | 2,478,000 | 83,878,000 | 39,974,000 | |||||||||||||||||||||||||||||||||||||||||
average shares outstanding | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 27,822,000 | 27,550,000 | -25,000 | 27,468,000 | 27,581,000 | 27,797,000 | 61,000 | 27,588,000 | 27,484,000 | ||||||||||||||||||||||||||||||||||||||||||||||
diluted | 28,145,000 | 27,960,000 | -77,000 | 28,079,000 | 28,140,000 | 28,391,000 | 13,000 | 28,166,000 | 28,030,000 | ||||||||||||||||||||||||||||||||||||||||||||||
earnings per common share | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
average shares outstanding |
Balance Sheets:
Quarterly
Annual
| Unit: USD |
|---|
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2007-12-31 | 2007-03-31 | 2006-12-31 | 2006-09-30 | 2006-06-30 | 2006-03-31 | 2005-12-31 | 2005-09-30 | 2005-06-30 | 2005-03-31 | 2004-12-31 | 2004-09-30 | 2004-06-30 | 2004-03-31 | 2003-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities | 562,610,000 | 26,728,000 | 81,175,000 | -28,904,000 | 64,513,000 | 24,292,000 | 292,187,000 | 46,415,000 | 91,095,000 | 44,777,000 | 432,068,000 | -88,947,000 | 87,603,000 | -94,575,000 | 49,158,000 | -14,495,000 | 324,568,000 | 31,723,000 | 30,698,000 | 3,638,000 | 222,209,000 | -43,064,000 | 80,086,000 | 335,973,000 | -23,502,000 | 40,849,000 | -19,675,000 | -6,981,000 | 16,758,000 | -57,675,000 | -69,779,000 | |||||||||||||||||||
net income | 218,912,000 | 122,490,000 | 15,072,000 | -15,051,000 | 204,287,000 | 131,319,000 | 91,126,000 | -11,574,000 | 120,812,000 | 89,411,000 | 37,024,000 | 1,532,000 | 110,247,000 | 115,921,000 | 54,522,000 | 13,053,000 | 96,035,000 | 111,312,000 | -1,133,000 | -111,831,000 | 149,809,000 | 81,045,000 | 43,272,000 | -27,219,000 | 88,505,000 | 89,361,000 | -14,274,000 | 140,266,000 | 123,699,000 | 123,320,000 | -24,420,000 | -14,274,000 | 29,155,000 | 45,469,000 | 60,206,000 | 30,185,000 | 80,527,000 | 28,124,000 | -11,971,000 | -3,975,000 | 60,201,000 | 34,264,000 | -7,362,000 | 1,835,000 | 51,665,000 | 30,202,000 | -5,385,000 | 1,554,000 | 51,027,000 | 24,378,000 |
adjustments to reconcile net income to cash flows from operating activities | ||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized loss on derivative instruments | -1,285,000 | 2,996,000 | -2,054,000 | 10,766,000 | -27,206,000 | 6,368,000 | -4,286,000 | 3,803,000 | -1,846,000 | 2,658,000 | -11,609,000 | 34,855,000 | -88,673,000 | -17,276,000 | -6,584,000 | |||||||||||||||||||||||||||||||||||
gain on sale of assets | -2,108,000 | -545,000 | -688,000 | -54,859,000 | ||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 50,129,000 | 49,576,000 | 48,478,000 | 47,000,000 | 47,967,000 | 45,329,000 | 45,298,000 | 40,907,000 | 40,075,000 | 40,287,000 | 39,291,000 | 38,877,000 | 38,090,000 | 36,683,000 | 34,549,000 | 32,872,000 | 31,435,000 | 30,393,000 | 29,410,000 | 27,767,000 | 26,848,000 | 27,362,000 | 30,136,000 | 31,216,000 | 30,784,000 | 27,758,000 | 20,320,000 | 22,460,000 | 21,854,000 | 14,386,000 | 13,728,000 | 13,620,000 | 11,942,000 | 11,721,000 | 11,303,000 | 9,478,000 | 8,911,000 | 8,977,000 | 8,830,000 | 8,735,000 | 8,612,000 | 8,576,000 | 8,540,000 | 8,424,000 | 8,352,000 | 8,359,000 | 7,800,000 | 8,113,000 | ||
allowance for equity used during construction | -4,205,000 | -2,757,000 | -3,217,000 | -2,966,000 | -2,704,000 | -1,086,000 | -1,506,000 | -1,796,000 | -2,090,000 | -1,482,000 | -2,083,000 | -2,253,000 | -1,747,000 | -1,054,000 | -2,046,000 | -3,064,000 | -3,639,000 | -2,494,000 | -3,483,000 | -6,217,000 | -5,672,000 | -4,931,000 | -4,725,000 | -4,275,000 | -5,321,000 | -2,732,000 | -1,679,000 | -1,199,000 | -852,000 | -1,253,000 | -408,000 | -551,000 | -593,000 | -727,000 | -606,000 | |||||||||||||||
allowance for doubtful accounts | 2,846,000 | -659,000 | 1,432,000 | 5,704,000 | 2,700,000 | 194,000 | -620,000 | 1,873,000 | 1,551,000 | -1,575,000 | 173,000 | 1,792,000 | 2,064,000 | -2,459,000 | 633,000 | 629,000 | 589,000 | 550,000 | 3,698,000 | 4,681,000 | 6,637,000 | 3,970,000 | 581,000 | 706,000 | 521,000 | 430,000 | -5,901,000 | |||||||||||||||||||||||
non cash lease expense | 1,114,000 | 1,102,000 | 1,110,000 | 1,101,000 | 1,071,000 | 1,481,000 | 978,000 | 1,152,000 | 759,000 | 1,121,000 | 727,000 | 1,161,000 | 1,670,000 | 889,000 | 1,091,000 | 633,000 | 1,324,000 | 1,008,000 | 995,000 | 861,000 | ||||||||||||||||||||||||||||||
deferred income taxes | 36,328,000 | 28,614,000 | 28,461,000 | 5,661,000 | 22,327,000 | 20,522,000 | 36,137,000 | 297,000 | 30,543,000 | 18,758,000 | 19,436,000 | -25,046,000 | 24,211,000 | 11,861,000 | 44,112,000 | 20,635,000 | 2,057,000 | 14,855,000 | 18,980,000 | -16,093,000 | 3,242,000 | 17,667,000 | -6,026,000 | -3,384,000 | -2,928,000 | 3,246,000 | -10,818,000 | 72,283,000 | -44,114,000 | 35,897,000 | -2,805,000 | -1,744,000 | 8,767,000 | -7,594,000 | 22,233,000 | 8,549,000 | 12,389,000 | 2,842,000 | 11,315,000 | 3,157,000 | -2,867,000 | 3,852,000 | -4,117,000 | 3,562,000 | 8,740,000 | -8,587,000 | ||||
equivalent value of itcs recognized on equipment financing | -9,016,000 | -5,357,000 | -2,661,000 | -2,007,000 | -7,963,000 | -4,352,000 | -2,728,000 | -1,995,000 | -7,717,000 | -2,888,000 | -5,754,000 | -333,000 | 0 | -899,000 | -6,482,000 | -333,000 | 0 | -727,000 | ||||||||||||||||||||||||||||||||
manufactured gas plant remediation costs | -908,000 | -972,000 | -5,565,000 | -4,697,000 | -1,466,000 | -1,126,000 | -3,987,000 | -6,887,000 | -8,002,000 | -4,575,000 | -3,287,000 | -1,922,000 | -1,735,000 | -2,627,000 | -1,197,000 | -1,664,000 | -2,309,000 | -12,368,000 | 6,243,000 | -17,491,000 | -5,010,000 | -1,274,000 | -1,022,000 | -1,338,000 | -2,317,000 | -2,974,000 | -6,405,000 | -2,072,000 | -5,147,000 | -1,008,000 | -1,005,000 | -1,546,000 | -2,072,000 | -2,313,000 | -941,000 | -4,041,000 | -4,579,000 | -4,235,000 | -1,534,000 | -3,077,000 | -13,380,000 | -2,782,000 | -6,367,000 | -2,495,000 | -2,050,000 | |||||
equity in earnings, net of distributions received from equity investees | -1,247,000 | -360,000 | -2,354,000 | -1,189,000 | -863,000 | -2,225,000 | -1,428,000 | -1,332,000 | ||||||||||||||||||||||||||||||||||||||||||
cost of removal - asset retirement obligations | -511,000 | -511,000 | -749,000 | -432,000 | -431,000 | -432,000 | -582,000 | -382,000 | -381,000 | -382,000 | -559,000 | -323,000 | -322,000 | -322,000 | -442,000 | -282,000 | -283,000 | -282,000 | -361,000 | -256,000 | -256,000 | -256,000 | -62,000 | -61,000 | -61,000 | -61,000 | 241,000 | -2,000 | -332,000 | -105,000 | -896,000 | -93,000 | -789,000 | 0 | -137,000 | -231,000 | -257,000 | |||||||||||||
contributions to postemployment benefit plans | -330,000 | -265,000 | -266,000 | -266,000 | -266,000 | -227,000 | -221,000 | -247,000 | -195,000 | -1,996,000 | -3,573,000 | -499,000 | -385,000 | -249,000 | -4,083,000 | -378,000 | -382,000 | -1,942,000 | -5,322,000 | -329,000 | -348,000 | -1,670,000 | -3,063,000 | -227,000 | -3,486,000 | -2,256,000 | -3,060,000 | -181,000 | -1,467,000 | -69,000 | -1,335,000 | -1,270,000 | -1,436,000 | -1,615,000 | -21,487,000 | |||||||||||||||
changes in: | ||||||||||||||||||||||||||||||||||||||||||||||||||
components of working capital | 232,995,000 | -208,844,000 | 18,283,000 | -52,978,000 | 190,675,000 | -187,879,000 | -82,577,000 | 24,540,000 | 94,594,000 | -97,615,000 | 39,296,000 | 64,748,000 | 292,506,000 | -335,025,000 | 19,885,000 | -171,862,000 | 227,485,000 | -153,195,000 | 20,059,000 | -16,651,000 | 81,280,000 | -74,434,000 | 9,301,000 | -20,923,000 | 120,767,000 | -117,241,000 | 91,649,000 | 162,406,000 | -189,528,000 | -75,089,000 | 2,257,000 | -12,817,000 | 22,418,000 | 43,635,000 | -88,145,000 | -57,844,000 | ||||||||||||||
other noncurrent assets and liabilities | 37,788,000 | 41,675,000 | -11,358,000 | -20,206,000 | -5,300,000 | 34,398,000 | -10,137,000 | -25,655,000 | -3,588,000 | 11,424,000 | ||||||||||||||||||||||||||||||||||||||||
cash flows from investing activities | -196,140,000 | -179,536,000 | -262,340,000 | -153,712,000 | -132,948,000 | -19,271,000 | -176,489,000 | -157,566,000 | -121,226,000 | -113,792,000 | -160,447,000 | -116,441,000 | -116,175,000 | -145,562,000 | -155,668,000 | -108,753,000 | -103,059,000 | -494,175,000 | -85,376,000 | -91,904,000 | -76,926,000 | -92,206,000 | -88,773,000 | -17,900,000 | ||||||||||||||||||||||||||
expenditures for: | ||||||||||||||||||||||||||||||||||||||||||||||||||
utility plant | -100,308,000 | -96,129,000 | -117,878,000 | -90,929,000 | -83,956,000 | -99,143,000 | -112,894,000 | -98,188,000 | -89,771,000 | -71,166,000 | -101,797,000 | -90,593,000 | -83,172,000 | -74,742,000 | -81,522,000 | -69,125,000 | -44,084,000 | -64,350,000 | -87,107,000 | -136,709,000 | -88,015,000 | -64,481,000 | -76,373,000 | -81,315,000 | -62,491,000 | -69,861,000 | -61,032,000 | -35,057,000 | -34,638,000 | -34,114,000 | -37,873,000 | -30,410,000 | -22,278,000 | -18,507,000 | -32,869,000 | -13,526,000 | -12,077,000 | -12,463,000 | -7,079,000 | -10,235,000 | -11,678,000 | -12,132,000 | -11,594,000 | -14,596,000 | ||||||
solar equipment | -71,678,000 | -59,701,000 | -120,207,000 | -49,276,000 | -35,226,000 | -33,476,000 | -30,191,000 | -37,013,000 | -11,317,000 | -25,766,000 | -38,699,000 | -10,905,000 | -13,706,000 | -43,993,000 | -41,172,000 | -38,948,000 | -41,176,000 | -25,380,000 | -10,661,000 | -18,549,000 | -22,335,000 | -41,182,000 | -24,087,000 | -45,699,000 | -14,891,000 | -9,545,000 | -15,320,000 | |||||||||||||||||||||||
storage and transportation and other | -18,461,000 | -12,917,000 | -11,371,000 | -4,252,000 | -5,858,000 | -8,476,000 | -13,615,000 | -11,167,000 | -13,133,000 | -8,713,000 | -8,373,000 | -3,643,000 | -10,882,000 | -19,859,000 | -23,208,000 | -20,880,000 | -43,836,000 | -65,454,000 | -22,723,000 | -20,219,000 | -8,299,000 | |||||||||||||||||||||||||||||
cost of removal | -5,693,000 | -10,789,000 | -13,119,000 | -12,473,000 | -9,663,000 | -10,775,000 | -18,833,000 | -12,116,000 | -8,459,000 | -8,977,000 | -11,836,000 | -11,962,000 | -9,428,000 | -7,329,000 | -11,412,000 | -10,851,000 | -7,916,000 | -9,114,000 | -12,394,000 | -13,933,000 | -9,224,000 | -14,765,000 | 2,284,000 | -6,856,000 | -9,551,000 | -7,936,000 | -9,591,000 | -20,340,000 | -12,752,000 | -2,634,000 | -5,622,000 | -7,776,000 | -6,863,000 | -13,047,000 | -1,276,000 | -1,208,000 | -1,889,000 | -1,377,000 | -777,000 | -2,306,000 | -1,110,000 | -837,000 | -2,083,000 | |||||||
distribution from equity investees in excess of equity in earnings | -13,000 | 307,000 | 219,000 | 99,000 | -956,000 | 918,000 | 1,454,000 | 830,000 | 258,000 | 662,000 | 1,013,000 | 361,000 | 1,646,000 | 212,000 | 234,000 | 244,000 | -138,000 | -542,000 | 1,413,000 | 279,000 | 489,000 | 643,000 | 1,200,000 | 522,000 | 793,000 | 470,000 | -194,000 | 880,000 | ||||||||||||||||||||||
proceeds from sale of assets | 248,000 | 2,911,000 | 1,536,000 | 132,500,000 | ||||||||||||||||||||||||||||||||||||||||||||||
cash flows from financing activities | -243,621,000 | 154,752,000 | -207,957,000 | 29,177,000 | 90,454,000 | 150,662,000 | -168,644,000 | 69,289,000 | -291,205,000 | 235,925,000 | 41,524,000 | 146,539,000 | 153,053,000 | 44,951,000 | 551,361,000 | 102,940,000 | 60,940,000 | 92,872,000 | 23,130,000 | 5,296,000 | 176,487,000 | 6,377,000 | ||||||||||||||||||||||||||||
proceeds from long-term debt | 200,000,000 | 0 | 0 | 100,000,000 | 75,000,000 | 125,000,000 | 0 | 50,000,000 | 50,000,000 | 0 | 0 | 175,000,000 | 50,000,000 | 210,000,000 | 0 | 100,000,000 | 610,000,000 | 100,000,000 | 0 | 0 | 0 | 0 | 0 | 35,800,000 | 0 | 0 | 85,000,000 | 12,000,000 | ||||||||||||||||||||||
payments of long-term debt | -6,591,000 | -6,081,000 | -16,600,000 | -77,306,000 | -5,340,000 | -107,676,000 | -35,511,000 | -6,765,000 | -76,602,000 | -6,188,000 | -56,236,000 | -5,164,000 | -5,752,000 | -4,782,000 | -54,120,000 | -4,191,000 | -8,222,000 | -1,810,000 | -7,544,000 | 538,000 | -5,798,000 | -5,203,000 | -8,339,000 | -2,183,000 | -5,911,000 | -3,853,000 | -128,371,000 | -3,656,000 | -1,690,000 | -1,723,000 | -3,622,000 | -13,947,000 | -1,975,000 | -2,449,000 | -1,384,000 | -937,000 | -1,175,000 | -775,000 | -742,000 | -1,021,000 | -21,462,000 | -639,000 | -950,000 | -25,556,000 | -508,000 | -823,000 | -464,000 | |||
payments of short-term debt | -42,425,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale leaseback transactions - solar | 26,024,000 | 23,240,000 | 150,900,000 | 74,546,000 | 13,158,000 | 12,567,000 | 40,300,000 | 0 | 0 | 24,394,000 | 4,171,000 | 101,811,000 | 28,658,000 | 33,150,000 | 20,771,000 | 0 | ||||||||||||||||||||||||||||||||||
proceeds from sale leaseback transactions - natural gas meters | 0 | 15,016,000 | 0 | 0 | 0 | 11,714,000 | 0 | 0 | 0 | 8,814,000 | 0 | 0 | 0 | 8,441,000 | ||||||||||||||||||||||||||||||||||||
payments of common stock dividends | -47,856,000 | -47,719,000 | -45,169,000 | -45,136,000 | -45,009,000 | -44,752,000 | -41,617,000 | -41,290,000 | -41,175,000 | -40,981,000 | -37,982,000 | -37,791,000 | -40,692,000 | -34,508,000 | -32,013,000 | -31,966,000 | -31,884,000 | -31,841,000 | -26,583,000 | -29,483,000 | -28,992,000 | -31,902,000 | -31,095,000 | -29,888,000 | -29,847,000 | -26,974,000 | -23,875,000 | -23,852,000 | -23,607,000 | -18,993,000 | -17,742,000 | -17,658,000 | -16,706,000 | -593,000 | -33,320,000 | -10,633,000 | -10,549,000 | -10,056,000 | -10,096,000 | -9,919,000 | -9,366,000 | -9,333,000 | -9,471,000 | -9,016,000 | -8,952,000 | -8,902,000 | -8,442,000 | |||
proceeds from waiver discount issuance of common stock | 0 | 0 | 0 | 19,910,000 | 12,444,000 | 11,448,000 | 17,919,000 | 17,919,000 | 0 | 24,888,000 | 0 | 17,919,000 | 18,987,000 | 0 | 22,690,000 | |||||||||||||||||||||||||||||||||||
proceeds from issuance of common stock - drp | 3,815,000 | 3,778,000 | 3,675,000 | 3,637,000 | 3,813,000 | 3,793,000 | 3,535,000 | 3,619,000 | 3,741,000 | 3,781,000 | 3,574,000 | 3,809,000 | 3,763,000 | 3,847,000 | 3,669,000 | 3,555,000 | 3,716,000 | 3,805,000 | 3,980,000 | 3,629,000 | 3,911,000 | 5,731,000 | 5,195,000 | 3,572,000 | ||||||||||||||||||||||||||
tax withholding payments related to net settled stock compensation | -13,000 | -6,882,000 | -931,000 | -27,000 | -29,000 | -11,579,000 | -697,000 | 0 | -27,000 | -5,000,000 | -553,000 | 0 | -382,000 | -3,642,000 | -383,000 | -57,000 | -304,000 | -3,433,000 | -119,000 | -47,000 | 3,762,000 | -5,534,000 | 153,000 | -73,000 | -350,000 | -3,543,000 | -205,000 | -101,000 | -13,319,000 | |||||||||||||||||||||
change in cash, cash equivalents and restricted cash | 122,849,000 | 1,944,000 | -340,000 | -82,702,000 | 82,128,000 | 951,000 | -21,522,000 | 17,388,000 | 2,317,000 | 1,912,000 | 497,000 | -26,536,000 | 24,688,000 | 1,416,000 | -26,541,000 | 12,793,000 | 12,647,000 | -3,490,000 | 33,000 | -52,965,000 | 34,186,000 | -94,634,000 | 74,178,000 | 16,855,000 | 10,205,000 | 14,122,000 | ||||||||||||||||||||||||
cash, cash equivalents and restricted cash at beginning of period | 0 | 1,649,000 | 0 | 0 | 0 | 1,612,000 | 0 | 0 | 0 | 1,517,000 | 0 | 0 | 0 | 1,452,000 | 0 | 0 | 0 | 6,043,000 | 0 | 0 | 0 | 119,423,000 | 0 | 0 | 0 | 4,063,000 | ||||||||||||||||||||||||
cash, cash equivalents and restricted cash at end of period | 122,849,000 | 3,593,000 | -340,000 | -82,702,000 | 82,128,000 | 2,563,000 | -21,522,000 | 17,388,000 | 2,317,000 | 3,429,000 | 497,000 | -26,536,000 | 24,688,000 | 2,868,000 | -26,541,000 | 12,793,000 | 12,647,000 | 2,553,000 | 33,000 | -52,965,000 | 34,186,000 | 24,789,000 | 74,178,000 | 16,855,000 | 10,205,000 | 18,185,000 | ||||||||||||||||||||||||
changes in components of working capital | ||||||||||||||||||||||||||||||||||||||||||||||||||
receivables | 41,655,000 | -279,242,000 | 59,452,000 | 137,590,000 | -9,048,000 | -203,094,000 | 21,591,000 | 109,986,000 | 2,056,000 | -146,377,000 | 8,674,000 | 112,831,000 | 238,203,000 | -247,080,000 | 45,178,000 | 45,643,000 | 9,531,000 | -117,010,000 | -5,636,000 | 60,565,000 | -28,152,000 | -108,143,000 | 8,084,000 | 84,513,000 | 77,090,000 | -164,622,000 | 145,463,000 | 41,033,000 | -192,253,000 | -166,229,000 | 85,607,000 | 257,364,000 | 124,522,000 | -102,389,000 | -142,852,000 | -194,958,000 | 52,445,000 | 178,332,000 | 115,987,000 | -249,995,000 | 10,089,000 | 154,471,000 | 14,602,000 | -267,059,000 | 29,693,000 | 176,111,000 | -54,468,000 | -178,596,000 | ||
inventories | 130,518,000 | 22,921,000 | -48,089,000 | -69,119,000 | 90,314,000 | 5,247,000 | -73,730,000 | -52,522,000 | 113,218,000 | 1,948,000 | -40,662,000 | -77,337,000 | 167,470,000 | 17,974,000 | -68,129,000 | -137,684,000 | 173,878,000 | -48,866,000 | -67,896,000 | -51,594,000 | 88,441,000 | 5,792,000 | -45,820,000 | -47,918,000 | 107,539,000 | -17,055,000 | -65,057,000 | 131,456,000 | -2,561,000 | 8,385,000 | -56,891,000 | -78,934,000 | -117,614,000 | 147,815,000 | -54,993,000 | 33,940,000 | 180,744,000 | 23,569,000 | -169,203,000 | 44,738,000 | -44,572,000 | -34,345,000 | -56,847,000 | 99,316,000 | 11,496,000 | -124,874,000 | 110,449,000 | -7,396,000 | ||
recovery of natural gas costs | 48,438,000 | 33,468,000 | 1,342,000 | -4,101,000 | 10,065,000 | -375,000 | 3,940,000 | 647,000 | -4,332,000 | 479,000 | 5,679,000 | 8,719,000 | -56,729,000 | 27,904,000 | -2,735,000 | -4,693,000 | 12,970,000 | -4,505,000 | 6,084,000 | 1,071,000 | -9,737,000 | -10,542,000 | ||||||||||||||||||||||||||||
natural gas purchases payable | -19,281,000 | 32,495,000 | -712,000 | -46,354,000 | 21,146,000 | 30,998,000 | 4,144,000 | -11,084,000 | -11,723,000 | 24,901,000 | 4,845,000 | -29,601,000 | -82,086,000 | -76,930,000 | 32,990,000 | 59,326,000 | -7,212,000 | -18,752,000 | 52,679,000 | -13,118,000 | 9,045,000 | 24,146,000 | ||||||||||||||||||||||||||||
deferred revenue, current | -235,000 | -1,232,000 | 1,306,000 | -12,000 | 650,000 | -10,132,000 | -8,821,000 | 57,115,000 | 1,100,000 | |||||||||||||||||||||||||||||||||||||||||
accounts payable and other | 43,442,000 | -48,932,000 | 35,780,000 | 7,672,000 | 8,703,000 | -45,967,000 | 17,323,000 | 14,205,000 | 31,909,000 | -47,797,000 | 27,690,000 | 3,942,000 | 11,266,000 | -35,361,000 | 35,935,000 | 18,672,000 | -44,492,000 | -44,374,000 | 17,408,000 | 32,276,000 | 19,611,000 | -39,232,000 | 33,474,000 | 14,261,000 | -265,000 | -27,080,000 | 22,754,000 | 7,986,000 | -25,527,000 | -53,852,000 | 26,277,000 | 4,447,000 | -1,315,000 | -16,368,000 | 11,298,000 | -1,017,000 | 5,638,000 | -3,654,000 | 531,000 | 4,414,000 | -17,373,000 | 16,612,000 | 1,416,000 | 351,000 | -8,401,000 | 7,658,000 | 1,574,000 | 8,386,000 | -15,755,000 | |
prepaid expenses | 552,000 | -9,155,000 | 4,216,000 | 3,409,000 | 702,000 | -7,421,000 | 1,889,000 | 2,448,000 | -556,000 | -5,794,000 | 1,285,000 | 4,039,000 | 3,963,000 | -10,456,000 | 813,000 | 4,329,000 | 1,403,000 | -6,951,000 | 2,097,000 | 4,546,000 | -3,125,000 | -5,045,000 | 1,061,000 | 2,089,000 | 11,880,000 | -12,482,000 | ||||||||||||||||||||||||
prepaid and accrued taxes | 24,882,000 | 35,406,000 | -23,057,000 | -66,241,000 | 55,146,000 | 35,204,000 | -10,207,000 | -44,015,000 | 9,810,000 | 20,895,000 | -8,269,000 | -26,907,000 | 12,290,000 | 39,301,000 | -20,286,000 | -57,151,000 | 44,716,000 | 31,205,000 | 3,787,000 | -66,850,000 | 49,046,000 | 10,568,000 | -1,385,000 | -23,249,000 | 6,868,000 | 15,390,000 | -38,872,000 | 28,297,000 | -12,418,000 | 14,108,000 | -7,271,000 | -38,760,000 | -26,841,000 | 24,907,000 | 21,993,000 | 31,043,000 | 48,248,000 | 19,154,000 | 12,906,000 | -58,948,000 | 28,549,000 | 24,301,000 | -5,948,000 | -44,829,000 | 33,382,000 | 19,530,000 | -46,069,000 | 24,989,000 | 27,970,000 | |
restricted broker margin accounts | -15,365,000 | -2,350,000 | -13,720,000 | -15,763,000 | 31,037,000 | -2,849,000 | 19,755,000 | 14,795,000 | -14,178,000 | -837,000 | 23,496,000 | 66,282,000 | 13,046,000 | -56,460,000 | -3,522,000 | -101,351,000 | 54,167,000 | -459,000 | 2,705,000 | 17,664,000 | -31,342,000 | 38,986,000 | -17,997,000 | -27,293,000 | 4,217,000 | 34,976,000 | -333,000 | -7,470,000 | -21,694,000 | 46,550,000 | -1,713,000 | 2,284,000 | 36,956,000 | -23,384,000 | 13,188,000 | -881,000 | -49,286,000 | 5,875,000 | -44,462,000 | 64,978,000 | -7,076,000 | -1,239,000 | 342,000 | 25,830,000 | 15,151,000 | |||||
customers' credit balances and deposits | -17,301,000 | 8,948,000 | 1,035,000 | -19,738,000 | 3,992,000 | 4,003,000 | -20,583,000 | 551,000 | 4,746,000 | -15,449,000 | 7,724,000 | 1,932,000 | -18,382,000 | 6,080,000 | 1,936,000 | -12,185,000 | 7,014,000 | 728,000 | -10,245,000 | 2,457,000 | 7,951,000 | -14,789,000 | 6,093,000 | 14,345,000 | 2,680,000 | 4,081,000 | -320,000 | -19,682,000 | -10,897,000 | |||||||||||||||||||||
other current assets and liabilities | -4,311,000 | -1,170,000 | -3,426,000 | -2,183,000 | 2,366,000 | -4,270,000 | 998,000 | -3,807,000 | ||||||||||||||||||||||||||||||||||||||||||
total | 232,995,000 | -208,844,000 | 18,283,000 | -52,978,000 | 190,675,000 | -187,879,000 | -82,577,000 | 24,540,000 | 94,594,000 | -97,615,000 | 39,296,000 | 64,748,000 | 292,506,000 | -335,025,000 | 19,885,000 | -171,862,000 | 227,485,000 | -153,195,000 | 20,059,000 | -16,651,000 | 81,280,000 | -74,434,000 | 9,301,000 | -20,923,000 | 120,767,000 | -117,241,000 | 91,649,000 | 162,406,000 | -189,528,000 | -75,089,000 | 2,257,000 | -12,817,000 | 22,418,000 | 43,635,000 | -88,145,000 | -57,844,000 | -42,897,000 | -55,474,000 | 198,722,000 | -207,555,000 | 69,444,000 | -72,043,000 | 177,021,000 | -53,874,000 | -143,492,000 | -71,624,000 | 182,883,000 | -116,321,000 | ||
supplemental disclosures of cash flows information | ||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for: | ||||||||||||||||||||||||||||||||||||||||||||||||||
interest | 37,184,000 | 35,799,000 | 31,395,000 | 33,991,000 | 30,104,000 | 34,843,000 | 30,233,000 | 29,750,000 | 30,477,000 | 29,779,000 | 27,644,000 | 22,928,000 | 34,636,000 | 22,986,000 | 18,990,000 | 22,631,000 | 28,819,000 | 13,935,000 | 12,328,000 | 25,857,000 | 29,167,000 | 11,298,000 | 18,504,000 | 14,770,000 | 17,934,000 | 14,938,000 | 11,530,000 | 14,007,000 | 9,758,000 | 1,376,000 | 10,039,000 | 1,198,000 | 914,000 | 9,241,000 | 966,000 | 6,434,000 | 6,355,000 | 7,599,000 | 7,591,000 | 3,254,000 | 5,007,000 | 6,334,000 | 3,853,000 | 4,482,000 | 4,239,000 | 5,511,000 | 3,387,000 | 3,224,000 | 1,966,000 | 3,776,000 |
income taxes | 13,882,000 | 147,000 | 1,229,000 | 1,933,000 | 5,858,000 | 863,000 | 8,271,000 | 6,343,000 | 6,070,000 | 629,000 | 1,424,000 | 891,000 | 1,937,000 | 30,000 | 489,000 | 2,500,000 | 1,492,000 | -229,000 | 1,024,000 | 1,624,000 | 3,503,000 | 230,000 | 6,467,000 | -66,000 | 1,210,000 | 3,176,000 | -191,000 | 2,228,000 | 9,665,000 | 4,134,000 | 5,428,000 | 4,106,000 | 5,000 | 2,661,000 | 20,319,000 | 8,000,000 | 2,131,000 | 2,483,000 | 16,634,000 | 16,853,000 | 9,933,000 | 8,185,000 | 17,984,000 | 11,710,000 | 671,000 | 21,532,000 | 14,973,000 | 2,101,000 | ||
accrued capital expenditures | -9,940,000 | 42,096,000 | 32,574,000 | 9,484,000 | -402,000 | 19,309,000 | 1,413,000 | 3,609,000 | 4,180,000 | 13,333,000 | 4,859,000 | -3,310,000 | 199,000 | 24,119,000 | -6,159,000 | -12,412,000 | -3,884,000 | 57,129,000 | 27,638,000 | 14,148,000 | 18,635,000 | 4,205,000 | -1,380,000 | 2,884,000 | 3,066,000 | 14,864,000 | 15,534,000 | -11,549,000 | 26,034,000 | 12,107,000 | -4,662,000 | 12,970,000 | -271,000 | -4,529,000 | -4,934,000 | |||||||||||||||
see notes to unaudited condensed consolidated financial statements | ||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from short-term debt | 173,400,000 | 45,200,000 | 16,550,000 | 40,500,000 | 110,650,000 | 228,159,000 | 4,900,000 | |||||||||||||||||||||||||||||||||||||||||||
natural gas purchases payable - related parties | -1,000 | -5,000 | 6,000 | 0 | -2,000 | 3,000 | 0 | -6,000 | 11,000 | -4,000 | 0 | 4,000 | -10,000 | -2,000 | 10,000 | -12,000 | 74,000 | |||||||||||||||||||||||||||||||||
amortization of acquired wholesale energy contracts | -62,000 | -73,000 | 149,000 | 111,000 | 490,000 | 498,000 | 753,000 | 530,000 | 545,000 | 552,000 | 875,000 | 589,000 | 604,000 | 599,000 | 2,685,000 | 716,000 | 568,000 | 403,000 | 3,819,000 | 134,000 | -98,000 | 14,520,000 | 3,391,000 | |||||||||||||||||||||||||||
non-cash lease expense | ||||||||||||||||||||||||||||||||||||||||||||||||||
taxes related to stock-based compensation | -3,742,000 | 3,000 | 0 | 1,805,000 | -2,405,000 | 0 | 1,000 | 1,185,000 | -1,142,000 | 0 | 0 | 554,000 | 20,000 | 2,000 | 0 | -166,000 | -10,000 | -4,000 | ||||||||||||||||||||||||||||||||
payments of term loan | 0 | 0 | -137,100,000 | 0 | 0 | -212,900,000 | ||||||||||||||||||||||||||||||||||||||||||||
(payments of) proceeds from short-term debt | 53,600,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
deferred revenue | -10,502,000 | -8,064,000 | 1,261,000 | 51,107,000 | ||||||||||||||||||||||||||||||||||||||||||||||
customers’ credit balances and deposits | 7,299,000 | -37,666,000 | -10,029,000 | |||||||||||||||||||||||||||||||||||||||||||||||
notes receivable recognized as non-cash investing activity | ||||||||||||||||||||||||||||||||||||||||||||||||||
see notes to consolidated financial statements | ||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows (used in) from financing activities | 145,902,000 | -153,637,000 | -17,604,000 | 1,432,000 | 107,279,000 | |||||||||||||||||||||||||||||||||||||||||||||
cash flows (used in) from operating activities | -8,955,000 | -37,407,000 | -6,525,000 | |||||||||||||||||||||||||||||||||||||||||||||||
investments in equity investees, net of return of capital | 0 | 1,479,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from term loan | 0 | 0 | 0 | 0 | 0 | 350,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
proceeds from (payments of) short-term debt | 37,000,000 | 9,000,000 | 86,539,000 | |||||||||||||||||||||||||||||||||||||||||||||||
unrealized (gain) on derivative instruments | -5,400,000 | -12,970,000 | 13,971,000 | -31,503,000 | 42,022,000 | -82,191,000 | -18,335,000 | |||||||||||||||||||||||||||||||||||||||||||
other current assets | -2,697,000 | 3,665,000 | -3,066,000 | -1,049,000 | -1,652,000 | -883,000 | 7,179,000 | -359,000 | -660,000 | -1,054,000 | -3,157,000 | -310,000 | 1,948,000 | -11,463,000 | 4,448,000 | 8,533,000 | -862,000 | 2,366,000 | -2,909,000 | -1,554,000 | -6,158,000 | -14,291,000 | -16,031,000 | 2,825,000 | 3,740,000 | 15,393,000 | -10,604,000 | 18,000 | 864,000 | -55,000 | -6,613,000 | -1,168,000 | 7,140,000 | -874,000 | 871,000 | 5,171,000 | -636,000 | 2,664,000 | -7,330,000 | |||||||||||
impairment of equity method investment | ||||||||||||||||||||||||||||||||||||||||||||||||||
other noncurrent assets | -81,546,000 | -16,959,000 | -3,688,000 | 4,440,000 | -30,785,000 | -12,509,000 | 6,399,000 | -1,529,000 | -39,715,000 | 34,576,000 | 7,048,000 | 11,806,000 | -54,306,000 | 11,435,000 | -2,570,000 | 1,312,000 | 3,331,000 | 7,424,000 | 31,038,000 | 13,489,000 | -5,251,000 | 9,697,000 | -7,805,000 | 19,299,000 | -14,101,000 | 2,423,000 | 22,011,000 | 1,218,000 | -6,513,000 | 11,555,000 | 13,954,000 | -6,806,000 | 4,731,000 | 6,291,000 | -2,835,000 | |||||||||||||||
other noncurrent liabilities | 59,807,000 | -3,124,000 | -43,018,000 | 114,475,000 | -20,912,000 | 45,472,000 | -34,582,000 | 58,418,000 | -15,201,000 | -28,273,000 | 30,991,000 | 9,002,000 | 10,216,000 | -5,031,000 | -1,303,000 | 1,398,000 | 14,423,000 | -6,587,000 | 5,388,000 | 16,844,000 | 9,341,000 | 8,363,000 | 3,717,000 | 5,757,000 | 2,782,000 | 833,000 | -151,000 | -9,703,000 | 58,033,000 | -5,417,000 | -7,983,000 | -1,346,000 | 16,052,000 | -13,893,000 | 2,118,000 | 4,256,000 | ||||||||||||||
cash settlement of equity forward agreement | 0 | -2,435,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
purchases of treasury stock | -3,945,000 | -1,135,000 | 0 | -22,378,000 | -10,071,000 | 2,414,000 | 1,614,000 | -10,723,000 | 0 | -305,000 | ||||||||||||||||||||||||||||||||||||||||
acquisition of assets, net of cash acquired of 5.1 million | 0 | 0 | -155,521,000 | -368,126,000 | ||||||||||||||||||||||||||||||||||||||||||||||
proceeds from equity offering | ||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale leaseback transactions | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||
cash flows used in investing activities | -67,283,000 | -12,523,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
cash flows used in financing activities | 87,572,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
equity in earnings, net of distributions received from equity investees and impairments | 481,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
investments in equity investees | 0 | -208,000 | -196,000 | -286,000 | -626,000 | -225,000 | -757,000 | -509,000 | -3,319,000 | -3,975,000 | -7,202,000 | -547,000 | -2,998,000 | |||||||||||||||||||||||||||||||||||||
cash flows (used in) investing activities | -164,054,000 | -42,325,000 | -41,058,000 | -49,156,000 | ||||||||||||||||||||||||||||||||||||||||||||||
cash flows from (used in) financing activities | 197,971,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale leaseback transaction - solar | 3,300,000 | 0 | 5,549,000 | 0 | 12,124,000 | |||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale leaseback transaction | 17,300,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
cash paid (received) for: | ||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized gain on derivative instruments | 29,256,000 | -37,491,000 | 12,183,000 | 23,712,000 | -3,773,000 | -41,766,000 | ||||||||||||||||||||||||||||||||||||||||||||
gain on sale of available for sale securities | 0 | 0 | -5,332,000 | |||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of businesses | ||||||||||||||||||||||||||||||||||||||||||||||||||
impairment loss on investment in equity method investees | ||||||||||||||||||||||||||||||||||||||||||||||||||
noncash lease expense | ||||||||||||||||||||||||||||||||||||||||||||||||||
solar and wind equipment | -29,424,000 | -40,605,000 | -18,387,000 | -55,345,000 | -43,974,000 | -46,166,000 | ||||||||||||||||||||||||||||||||||||||||||||
storage and transportation assets and other | ||||||||||||||||||||||||||||||||||||||||||||||||||
distributions from equity investees in excess of equity in earnings | ||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of available for sale securities | 0 | 0 | 6,616,000 | |||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of businesses, net of closing costs | ||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale leaseback transaction - natural gas meters | ||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common stock | 3,696,000 | 6,030,000 | 3,846,000 | 24,373,000 | 3,212,000 | 4,404,000 | 3,659,000 | 1,084,000 | 5,838,000 | 4,192,000 | ||||||||||||||||||||||||||||||||||||||||
supplemental disclosures | ||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common stock - public equity offering | 0 | 0 | 212,900,000 | |||||||||||||||||||||||||||||||||||||||||||||||
tax benefit from stock-based compensation | 76,000 | -159,000 | 5,000 | 798,000 | 0 | 10,000 | 2,831,000 | |||||||||||||||||||||||||||||||||||||||||||
deferred income tax benefit due to tax legislation | -15,252,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
tax benefit of delivered shares from stock based compensation | ||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from (payments of)short-term debt | ||||||||||||||||||||||||||||||||||||||||||||||||||
inception gain on natural gas swap contract recognized as non-cash proceeds from sale of business | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||
realized and unrealized gains on investments in equity securities | ||||||||||||||||||||||||||||||||||||||||||||||||||
midstream and other | -10,537,000 | -5,037,000 | -2,687,000 | |||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of investments in equity securities | ||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale-leaseback transaction - solar | ||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale-leaseback transaction | 0 | 0 | 4,000,000 | 0 | 0 | 7,820,000 | 7,216,000 | 0 | 0 | 0 | 0 | 7,076,000 | 7,485,000 | 0 | 5,482,000 | 0 | 0 | 0 | 4,090,000 | 0 | 0 | 0 | 4,904,000 | 0 | 0 | 0 | 3,941,000 | |||||||||||||||||||||||
recovery of gas costs | 16,169,000 | -29,842,000 | 7,951,000 | 8,264,000 | 3,158,000 | 17,102,000 | 2,015,000 | 18,740,000 | -12,591,000 | 5,536,000 | -913,000 | 371,000 | ||||||||||||||||||||||||||||||||||||||
gas purchases payable | -44,671,000 | -55,008,000 | 44,086,000 | 9,113,000 | -24,356,000 | 43,284,000 | 65,563,000 | -50,895,000 | -134,677,000 | -1,331,000 | 29,909,000 | 58,354,000 | 96,217,000 | -33,469,000 | 124,439,000 | 23,773,000 | -90,634,000 | 66,444,000 | 104,656,000 | -123,241,000 | -39,504,000 | 148,207,000 | -53,981,000 | -49,522,000 | ||||||||||||||||||||||||||
cash flows (used in) from investing activities | -10,242,000 | -25,039,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
unrealized (gain) loss on derivative instruments | ||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income tax benefit due to the tax act | ||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows from (used in) investing activities | -13,052,000 | 21,496,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
cash paid related to acquisition | 0 | 0 | -10,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
(deposits to) withdrawal from restricted cash construction fund | -7,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of property, net of closing costs | ||||||||||||||||||||||||||||||||||||||||||||||||||
change in cash and cash equivalents | -3,858,000 | 190,000 | 2,512,000 | 9,583,000 | -1,169,000 | -6,234,000 | -4,136,000 | 2,738,000 | -1,251,000 | |||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of period | 0 | 0 | 2,226,000 | 2,151,000 | 0 | 0 | 0 | 0 | 4,509,000 | |||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at end of period | -3,858,000 | 190,000 | 4,738,000 | 11,734,000 | -1,169,000 | -6,234,000 | -4,136,000 | 2,738,000 | 3,258,000 | |||||||||||||||||||||||||||||||||||||||||
gain on sale of business | ||||||||||||||||||||||||||||||||||||||||||||||||||
allowance for bad debt expense | 523,000 | 471,000 | 964,000 | 819,000 | 480,000 | 488,000 | 779,000 | 562,000 | ||||||||||||||||||||||||||||||||||||||||||
distributions received from equity investees, net of equity in earnings | -15,000 | -257,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
real estate properties and other | -1,846,000 | -1,313,000 | -11,000 | -543,000 | -159,000 | -234,000 | -144,000 | -154,000 | -168,000 | -1,253,000 | -569,000 | -1,342,000 | -1,636,000 | -84,000 | -889,000 | -1,933,000 | ||||||||||||||||||||||||||||||||||
proceeds from sale of business, net of closing costs | ||||||||||||||||||||||||||||||||||||||||||||||||||
net (payments of) proceeds from short-term debt | ||||||||||||||||||||||||||||||||||||||||||||||||||
withdrawal from restricted cash construction fund | -43,000 | -25,000 | -12,000 | 15,000 | 5,000 | |||||||||||||||||||||||||||||||||||||||||||||
net proceeds from short-term debt | 107,200,000 | -46,804,000 | 126,500,000 | 8,800,000 | -106,300,000 | 114,600,000 | 32,547,000 | 174,100,000 | 30,300,000 | |||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to cash flows from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||
equity in earnings of equity investees, net of distributions received | 2,146,000 | 1,225,000 | -262,000 | |||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of asset | 0 | 10,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
(payment to) withdrawal from restricted cash construction fund | ||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows (used in) financing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||
tax benefit from stock options exercised | 816,000 | 66,000 | 254,000 | 31,000 | 17,000 | 62,000 | 547,000 | 1,369,000 | 769,000 | 2,091,000 | ||||||||||||||||||||||||||||||||||||||||
net payments of short-term debt | 65,200,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
gas purchases payable - related parties | 184,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
supplemental schedule of noncash investing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||
impairment loss on investment | ||||||||||||||||||||||||||||||||||||||||||||||||||
expenditures for | ||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of available-for-sale securities | ||||||||||||||||||||||||||||||||||||||||||||||||||
net (payments)/proceeds from short-term debt | ||||||||||||||||||||||||||||||||||||||||||||||||||
equity in earnings of affiliates, net of distributions received | -2,885,000 | 136,000 | 1,699,000 | |||||||||||||||||||||||||||||||||||||||||||||||
distribution from equity investees | 1,459,000 | 190,000 | 458,000 | |||||||||||||||||||||||||||||||||||||||||||||||
cash flows (used in) operating activities | -44,967,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
unrealized loss on derivative instruments, net of tax | 3,080,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
allowance for funds used during construction | -373,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
equity in earnings from investments, net of distributions | 1,512,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
cost of removal – asset retirement obligations | -177,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
contributions to employee benefit plans | -150,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from asset sales | 0 | 1,792,000 | 1,804,000 | |||||||||||||||||||||||||||||||||||||||||||||||
change in cash and temporary investments | -1,295,000 | -1,972,000 | 5,130,000 | -3,961,000 | 523,000 | -16,831,000 | -5,396,000 | -1,883,000 | 5,403,000 | |||||||||||||||||||||||||||||||||||||||||
cash and temporary investments at beginning of period | 5,140,000 | 0 | 4,991,000 | |||||||||||||||||||||||||||||||||||||||||||||||
cash and temporary investments at end of period | 3,845,000 | -1,972,000 | 10,121,000 | |||||||||||||||||||||||||||||||||||||||||||||||
underrecovered gas costs | -18,883,000 | 42,088,000 | -28,758,000 | -28,598,000 | 42,000 | 49,037,000 | 18,278,000 | -20,207,000 | -12,646,000 | 54,808,000 | 10,501,000 | -14,209,000 | 15,703,000 | |||||||||||||||||||||||||||||||||||||
cash paid for | ||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to cash flows | ||||||||||||||||||||||||||||||||||||||||||||||||||
from operating activities | ||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized gain on derivatives | -312,000 | 120,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
amortization of deferred charges | 75,000 | 74,000 | 77,000 | 75,000 | 200,000 | 451,000 | 450,000 | 451,000 | 1,188,000 | 213,000 | ||||||||||||||||||||||||||||||||||||||||
gain on asset sale | 0 | -10,096,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
contribution to employee benefit plans | -150,000 | -150,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
working capital | 110,700,000 | -14,579,000 | -55,474,000 | 198,722,000 | -207,555,000 | 69,444,000 | -72,043,000 | 177,021,000 | -53,874,000 | |||||||||||||||||||||||||||||||||||||||||
proceeds from common stock | 5,000,000 | 4,976,000 | 10,131,000 | 2,023,000 | 9,144,000 | 4,048,000 | 267,000 | 1,194,000 | 2,712,000 | 5,745,000 | 5,706,000 | 3,751,000 | 4,523,000 | 3,942,000 | ||||||||||||||||||||||||||||||||||||
payments of short-term debt, net of proceeds | ||||||||||||||||||||||||||||||||||||||||||||||||||
equity investments | 16,514,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
investment in restricted cash construction fund | ||||||||||||||||||||||||||||||||||||||||||||||||||
other current liabilities | 31,350,000 | 14,516,000 | -11,734,000 | 3,606,000 | -7,314,000 | 10,165,000 | -12,635,000 | 11,530,000 | -5,804,000 | -8,155,000 | 3,928,000 | |||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to cash flows from (used in) operating activities | ||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows from (used in) operating activities | 12,357,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
cost of removal and other | -1,283,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
land impairment charge | ||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized (gain) loss on derivatives | ||||||||||||||||||||||||||||||||||||||||||||||||||
gain on asset sales | ||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds (payments) related to short-term debt | ||||||||||||||||||||||||||||||||||||||||||||||||||
net cash flows from (used in) financing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||
(investment in) withdrawal from restricted cash construction fund | -12,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from asset sales and available for sale investments | ||||||||||||||||||||||||||||||||||||||||||||||||||
cash and temporary investments at beginning of year | ||||||||||||||||||||||||||||||||||||||||||||||||||
cash and temporary investments at end of year | ||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized loss on derivatives | ||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of investments available for sale | 1,392,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
(investment in)withdrawal from restricted cash construction fund | ||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from asset sale | -45,000 | 30,629,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
cash and temporary investments at september 30, | 0 | 25,008,000 | 0 | 0 | 5,043,000 | |||||||||||||||||||||||||||||||||||||||||||||
cash and temporary investments at march 31, | ||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows used in operating activities | -168,279,000 | -22,470,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
cash and temporary investments at december 31, | 8,177,000 | 10,446,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
net cash flows from (used in) operating activities | ||||||||||||||||||||||||||||||||||||||||||||||||||
redemption of preferred stock | ||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds related to short-term debt | ||||||||||||||||||||||||||||||||||||||||||||||||||
withdrawal from (investment in) restricted cash construction fund | 1,500,000 | 0 | 0 | 6,300,000 | ||||||||||||||||||||||||||||||||||||||||||||||
net cash flows (used in) investing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||
net change in cash and temporary investments | 1,653,000 | -21,804,000 | 20,078,000 | 3,277,000 | ||||||||||||||||||||||||||||||||||||||||||||||
net (payments) related to short-term debt | 96,350,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
cash and temporary investments at june 30, | ||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid demand fees | ||||||||||||||||||||||||||||||||||||||||||||||||||
net cash flows from operating activities | -72,659,000 | 242,932,000 | -80,914,000 | |||||||||||||||||||||||||||||||||||||||||||||||
net cash flows from financing activities | 163,163,000 | 70,386,000 | -204,161,000 | 109,277,000 | ||||||||||||||||||||||||||||||||||||||||||||||
net cash flows from investing activities | -19,531,000 | -18,693,000 | -25,086,000 | |||||||||||||||||||||||||||||||||||||||||||||||
non-current regulatory assets | -2,542,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
other non-current assets | -602,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
other non-current liabilities | 2,866,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
net payments/proceeds related to short-term debt | ||||||||||||||||||||||||||||||||||||||||||||||||||
investment in restricted cash-construction fund | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||
cash and temporary investments at september 30 | 0 | 0 | 1,839,000 | |||||||||||||||||||||||||||||||||||||||||||||||
cash and temporary investments at june 30 | ||||||||||||||||||||||||||||||||||||||||||||||||||
broker margin accounts | -12,135,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
changes in working capital | ||||||||||||||||||||||||||||||||||||||||||||||||||
net change in short-term debt | -283,100,000 | 98,300,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
expenditures for utility plant | ||||||||||||||||||||||||||||||||||||||||||||||||||
cash and temporary investments at march 31 | ||||||||||||||||||||||||||||||||||||||||||||||||||
overrecovered/(underrecovered) gas costs | ||||||||||||||||||||||||||||||||||||||||||||||||||
investment in construction fund | -7,800,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
cash and temporary investments at december 31 | 5,116,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
purchased gas | 73,662,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
property, plant and equipment | ||||||||||||||||||||||||||||||||||||||||||||||||||
utility plant, at cost | 1,109,034,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
real estate properties and other, at cost | 34,353,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
accumulated depreciation and amortization | -280,685,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
current assets | ||||||||||||||||||||||||||||||||||||||||||||||||||
cash and temporary investments | 5,116,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
customer accounts receivable | 269,589,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
unbilled revenues | 40,111,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
regulatory assets | 64,539,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
gas in storage, at average cost | 195,844,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
materials and supplies, at average cost | 2,985,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
prepaid state taxes | 450,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
derivatives | 62,453,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
other | 19,669,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
non-current assets | ||||||||||||||||||||||||||||||||||||||||||||||||||
construction fund | 7,800,000 |