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Segment Information (Tables)

12 Months Ended

Dec. 31, 2022

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, 2022, 2021 and 2020 are as follows:

(in thousands)			2022						2021						2020
Operating Revenue
Electric			$	549,699					$	480,321					$	446,088
Manufacturing			397,983						336,294						238,770
Plastics			512,527						380,229						205,249
Total			1,460,209						1,196,844						890,107
Depreciation and Amortization
Electric			72,050						71,343						63,171
Manufacturing			16,202						15,436						14,933
Plastics			4,205						4,354						3,604
Corporate			140						225						329
Total			92,597						91,358						82,037
Operating Income (Loss)
Electric			113,138						106,964						107,083
Manufacturing			29,065						24,114						16,103
Plastics			264,578						132,760						37,823
Corporate			(16,342)						(14,130)						(13,123)
Total			390,439						249,708						147,886
Interest Charges
Electric			31,950						33,043						29,848
Manufacturing			2,796						2,239						2,215
Plastics			585						587						644
Corporate			685						1,902						1,740
Total			36,016						37,771						34,447
Income Tax Expense (Benefit)
Electric			5,065						1,663						12,480
Manufacturing			5,321						4,704						2,939
Plastics			68,688						34,374						9,718
Corporate			(5,723)						(4,689)						(4,931)
Total			73,351						36,052						20,206
Net Income (Loss)
Electric			79,974						72,458						66,778
Manufacturing			20,950						17,186						11,048
Plastics			195,374						97,823						27,582
Corporate			(12,114)						(10,698)						(9,557)
Total			284,184						176,769						95,851
Capital Expenditures
Electric			147,869						140,031						356,581
Manufacturing			17,954						20,690						10,587
Plastics			5,245						11,040						4,322
Corporate			66						68						63
Total			$	171,134					$	171,829					$	371,553

The following provides the identifiable assets by segment and corporate assets as of December 31, 2022 and 2021:

(in thousands)			2022						2021
Identifiable Assets
Electric			$	2,351,961					$	2,283,776
Manufacturing			245,869						251,044
Plastics			126,318						162,565
Corporate			177,513						57,445
Total			$	2,901,661					$	2,754,830

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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
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
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-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
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-URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

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 https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599

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