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Segment Information (Tables)

12 Months Ended

Dec. 31, 2021

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Information for each segment and our unallocated corporate costs for the years ended December 31, 2021, 2020 and 2019 are as follows:

(in thousands)			2021						2020						2019
Operating Revenue1
Electric			$	480,321					$	446,088					$	459,048
Manufacturing			336,294						238,770						277,204
Plastics			380,229						205,249						183,251
Total			$	1,196,844					$	890,107					$	919,503
Depreciation and Amortization
Electric			$	71,343					$	63,171					$	60,044
Manufacturing			15,436						14,933						14,261
Plastics			4,354						3,604						3,451
Corporate			225						329						330
Total			$	91,358					$	82,037					$	78,086
Operating Income (Loss)
Electric			$	106,964					$	107,083					$	98,417
Manufacturing			24,114						16,103						17,869
Plastics			132,760						37,823						28,439
Corporate			(14,130)						(13,123)						(9,845)
Total			$	249,708					$	147,886					$	134,880
Interest Charges
Electric			$	33,043					$	29,848					$	26,548
Manufacturing			2,239						2,215						2,345
Plastics			587						644						718
Corporate			1,902						1,740						1,800
Total			$	37,771					$	34,447					$	31,411
Income Tax Expense (Benefit)
Electric			$	1,663					$	12,480					$	12,867
Manufacturing			4,704						2,939						2,784
Plastics			34,374						9,718						7,309
Corporate			(4,689)						(4,931)						(5,519)
Total			$	36,052					$	20,206					$	17,441
Net Income (Loss)
Electric			$	72,458					$	66,778					$	59,046
Manufacturing			17,186						11,048						12,899
Plastics			97,823						27,582						20,572
Corporate			(10,698)						(9,557)						(5,670)
Total			$	176,769					$	95,851					$	86,847
Capital Expenditures
Electric			$	140,031					$	356,581					$	187,362
Manufacturing			20,690						10,587						14,268
Plastics			11,040						4,322						5,452
Corporate			68						63						283
Total			$	171,829					$	371,553					$	207,365
1Amounts reflect operating revenues to external customers. Intersegment operating revenues are not material for any period presented.

The following provides the identifiable assets by segment and corporate assets as of December 31, 2021 and 2020:

(in thousands)			2021						2020
Identifiable Assets
Electric			$	2,283,776					$	2,233,399
Manufacturing			251,044						191,005
Plastics			162,565						99,767
Corporate			57,445						54,183
Total			$	2,754,830					$	2,578,354

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
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Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
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-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
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Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599

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