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Business Description And Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2023

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Accounts Receivable and Allowance for Doubtful Accounts

Following is a summary of Accounts receivable, net included in the accompanying Consolidated Balance Sheets (in thousands) as of:

	March 31, 2023			December 31, 2022
Billed Accounts Receivable	$	327,949		$	267,571
Unbilled Revenue		154,571			243,574
Less: Allowance for Credit Losses		(5,431	)		(2,953	)
Account Receivable, net	$	477,089		$	508,192

Financing Receivable, Current, Allowance for Credit Loss

Changes to allowance for credit losses for the three months ended March 31, 2023 and 2022, respectively, were as follows (in thousands):

	Balance at Beginning of Year			Additions Charged to Costs and Expenses			Recoveries and Other Additions			Write-offs and Other Deductions			Balance at March 31,
2023	$	2,953		$	3,703		$	641		$	(1,866	)	$	5,431
2022	$	2,113		$	3,416		$	655		$	(1,698	)	$	4,486

Materials, Supplies and Fuel

The following amounts by major classification are included in Materials, supplies and fuel on the accompanying Consolidated Balance Sheets (in thousands) as of:

	March 31, 2023			December 31, 2022
Materials and supplies	$	102,328		$	99,734
Fuel - Electric Utilities		6,808			3,115
Natural gas in storage		20,824			104,572
Total materials, supplies and fuel	$	129,960		$	207,421

Schedule of Accrued Liabilities

The following amounts by major classification are included in Accrued liabilities on the accompanying Consolidated Balance Sheets (in thousands) as of:

	March 31, 2023			December 31, 2022
Accrued employee compensation, benefits and withholdings	$	48,555		$	62,890
Accrued property taxes		54,694			52,430
Customer deposits and prepayments		42,124			47,655
Accrued interest		47,928			33,798
Other (none of which is individually significant)		35,560			46,684
Total accrued liabilities	$	228,861		$	243,457

Schedule of Earnings Per Share Reconciliation

A reconciliation of share amounts used to compute earnings per share in the accompanying Consolidated Statements of Income was as follows (in thousands, except per share amounts):

	Three Months Ended March 31,
	2023			2022
Net income available for common stock	$	114,084		$	117,526
Weighted average shares - basic		66,036			64,565
Dilutive effect of:
Equity compensation		96			156
Weighted average shares - diluted		66,132			64,721
Earnings per share of common stock:
Earnings per share, Basic	$	1.73		$	1.82
Earnings per share, Diluted	$	1.73		$	1.82

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following securities were excluded from the diluted earnings per share computation because of their anti-dilutive nature (in thousands):

	Three Months Ended March 31,
	2023			2022
Equity compensation		53			-
Anti-dilutive shares		53			-

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Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables.

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