2019 Q4 Form 10-Q Financial Statement

#000113046419000043 Filed on November 05, 2019

View on sec.gov

Income Statement

Concept 2019 Q4 2019 Q3 2018 Q3
Revenue $477.7M $325.5M $322.0M
YoY Change -4.7% 1.11% -4.06%
Cost Of Revenue $73.54M
YoY Change
Gross Profit $252.0M
YoY Change
Gross Profit Margin 77.41%
Selling, General & Admin $400.0K $400.0K
YoY Change
% of Gross Profit 0.16%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $54.60M $51.88M $49.05M
YoY Change 9.2% 5.79% 4.11%
% of Gross Profit 20.59%
Operating Expenses $356.3M $255.0M $256.9M
YoY Change -7.96% -0.74% 0.33%
Operating Profit $121.4M $70.55M $65.09M
YoY Change 6.34% 8.4% -18.19%
Interest Expense -$30.60M -$33.50M -$35.30M
YoY Change -78.3% -5.1% 3.52%
% of Operating Profit -25.21% -47.48% -54.24%
Other Income/Expense, Net -$10.40M -$52.65M -$35.81M
YoY Change -109.76% 47.03% 7.91%
Pretax Income $80.40M $17.90M $29.28M
YoY Change 0.88% -38.85% -36.87%
Income Tax $7.500M $2.500M $7.500M
% Of Pretax Income 9.33% 13.96% 25.62%
Net Earnings $69.18M $11.74M $16.95M
YoY Change -20.09% -30.74% -46.36%
Net Earnings / Revenue 14.48% 3.61% 5.26%
Basic Earnings Per Share $1.13 $0.19 $0.32
Diluted Earnings Per Share $1.13 $0.19 $0.31
COMMON SHARES
Basic Shares Outstanding 61.45M shares 60.98M shares 53.36M shares
Diluted Shares Outstanding 61.10M shares 54.82M shares

Balance Sheet

Concept 2019 Q4 2019 Q3 2018 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $9.800M $13.10M $10.00M
YoY Change -52.88% 31.0% -25.93%
Cash & Equivalents $9.777M $13.09M $10.00M
Short-Term Investments
Other Short-Term Assets $26.48M $29.11M $32.69M
YoY Change -11.68% -10.97% 27.77%
Inventory $117.2M $123.0M $122.6M
Prepaid Expenses
Receivables $255.8M $149.0M $152.8M
Other Receivables $16.40M $12.90M $11.10M
Total Short-Term Assets $473.2M $377.4M $384.9M
YoY Change -6.08% -1.95% -0.03%
LONG-TERM ASSETS
Property, Plant & Equipment $5.503B $5.323B $4.700B
YoY Change 13.35% 13.26% 4.48%
Goodwill $1.299B $1.299B $1.299B
YoY Change 0.0% 0.0% 0.0%
Intangibles $13.27M $13.57M $6.954M
YoY Change -7.47% 95.08% -10.44%
Long-Term Investments $21.90M $21.60M $41.20M
YoY Change -46.59% -47.57% 219.38%
Other Assets $41.31M $25.34M $17.14M
YoY Change 187.8% 47.81% 47.45%
Total Long-Term Assets $7.085B $6.898B $6.277B
YoY Change 9.69% 9.89% 1.59%
TOTAL ASSETS
Total Short-Term Assets $473.2M $377.4M $384.9M
Total Long-Term Assets $7.085B $6.898B $6.277B
Total Assets $7.558B $7.275B $6.662B
YoY Change 8.55% 9.2% 1.5%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $193.5M $145.1M $115.9M
YoY Change -8.11% 25.18% 22.27%
Accrued Expenses $226.8M $217.8M $201.4M
YoY Change 5.23% 8.18% -2.62%
Deferred Revenue
YoY Change
Short-Term Debt $349.5M $294.9M $112.1M
YoY Change 88.29% 163.07% -50.22%
Long-Term Debt Due $5.743M $5.743M $255.7M
YoY Change 0.0% -97.75% 4353.13%
Total Short-Term Liabilities $811.3M $691.1M $730.2M
YoY Change 25.16% -5.36% 31.75%
LONG-TERM LIABILITIES
Long-Term Debt $3.140B $3.049B $2.951B
YoY Change 6.41% 3.32% -5.1%
Other Long-Term Liabilities $124.7M $120.8M $105.9M
YoY Change 13.97% 14.06% -7.08%
Total Long-Term Liabilities $3.265B $3.170B $1.059B
YoY Change 203.18% 199.3% -4.03%
TOTAL LIABILITIES
Total Short-Term Liabilities $811.3M $691.1M $730.2M
Total Long-Term Liabilities $3.265B $3.170B $1.059B
Total Liabilities $4.076B $3.861B $1.789B
YoY Change 136.28% 115.78% 7.93%
SHAREHOLDERS EQUITY
Retained Earnings $778.8M $742.1M $644.2M
YoY Change 11.19% 15.21% 24.75%
Common Stock $61.48M $61.48M $53.66M
YoY Change 2.38% 14.57% 0.26%
Preferred Stock
YoY Change
Treasury Stock (at cost) $267.0K $1.636M $4.072M
YoY Change -89.36% -59.82% 66.34%
Treasury Stock Shares 3.956K shares 26.57K shares 72.92K shares
Shareholders Equity $2.362B $2.329B $1.813B
YoY Change
Total Liabilities & Shareholders Equity $7.558B $7.275B $6.662B
YoY Change 8.55% 9.2% 1.5%

Cashflow Statement

Concept 2019 Q4 2019 Q3 2018 Q3
OPERATING ACTIVITIES
Net Income $69.18M $11.74M $16.95M
YoY Change -20.09% -30.74% -46.36%
Depreciation, Depletion And Amortization $54.60M $51.88M $49.05M
YoY Change 9.2% 5.79% 4.11%
Cash From Operating Activities $119.4M $96.30M $68.00M
YoY Change 8.45% 41.62% 20.35%
INVESTING ACTIVITIES
Capital Expenditures -$225.9M -$274.8M -$121.4M
YoY Change 25.92% 126.36% 43.67%
Acquisitions
YoY Change
Other Investing Activities $2.900M -$1.100M $3.200M
YoY Change -161.7% -134.38% -140.51%
Cash From Investing Activities -$222.9M -$276.0M -$118.3M
YoY Change 21.14% 133.31% 27.89%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 100.4M 186.2M 51.80M
YoY Change 18.4% 259.46% 36.32%
NET CHANGE
Cash From Operating Activities 119.4M 96.30M 68.00M
Cash From Investing Activities -222.9M -276.0M -118.3M
Cash From Financing Activities 100.4M 186.2M 51.80M
Net Change In Cash -3.100M 6.500M 1.500M
YoY Change -128.44% 333.33% -25.0%
FREE CASH FLOW
Cash From Operating Activities $119.4M $96.30M $68.00M
Capital Expenditures -$225.9M -$274.8M -$121.4M
Free Cash Flow $345.3M $371.1M $189.4M
YoY Change 19.27% 95.93% 34.33%

Facts In Submission

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0
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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EarningsPerShareDiluted
0.31
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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us-gaap Earnings Per Share Diluted
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CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2019Q3 us-gaap Profit Loss
ProfitLoss
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CY2018Q3 us-gaap Profit Loss
ProfitLoss
20944000 USD
us-gaap Profit Loss
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140450000 USD
us-gaap Profit Loss
ProfitLoss
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CY2018Q3 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
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us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
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-45000 USD
us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
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CY2019Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
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9000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
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CY2018Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
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1060000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
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us-gaap Other Comprehensive Income Loss Net Of Tax
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us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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185799000 USD
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3655000 USD
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us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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us-gaap Comprehensive Income Net Of Tax
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us-gaap Comprehensive Income Net Of Tax
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us-gaap Profit Loss
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us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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us-gaap Depreciation Depletion And Amortization
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us-gaap Amortization Of Financing Costs And Discounts
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2019Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
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CY2019Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
30001000 USD
CY2019Q3 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
398000 USD
CY2019Q3 us-gaap Cumulative Effect Of New Accounting Principle In Period Of Adoption
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
3000 USD
CY2019Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
3485000 USD
CY2019Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2432896000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1820206000 USD
CY2018Q1 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
136634000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1260000 USD
CY2018Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
25444000 USD
CY2018Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
755000 USD
CY2018Q1 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
219000 USD
CY2018Q1 us-gaap Stockholders Equity Other
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CY2018Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
5648000 USD
CY2018Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1927984000 USD
CY2018Q2 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
24740000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
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1161000 USD
CY2018Q2 us-gaap Dividends Common Stock Cash
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25435000 USD
CY2018Q2 us-gaap Stock Issued During Period Value Share Based Compensation
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2439000 USD
CY2018Q2 us-gaap Stockholders Equity Other
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6000 USD
CY2018Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
4350000 USD
CY2018Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1926533000 USD
CY2018Q3 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
20944000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
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1060000 USD
CY2018Q3 us-gaap Dividends Common Stock Cash
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25430000 USD
CY2018Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1677000 USD
CY2018Q3 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
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1000 USD
CY2018Q3 us-gaap Stockholders Equity Other
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CY2018Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
3757000 USD
CY2018Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1921179000 USD
us-gaap Use Of Estimates
UseOfEstimates
<div style="line-height:120%;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Estimates and Basis of Presentation</span></div><div style="line-height:120%;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The information furnished in the accompanying Condensed Consolidated Financial Statements reflects certain estimates required and all adjustments, including accruals, which are, in the opinion of management, necessary for a fair presentation of the </span><span style="font-family:Times New Roman;font-size:10pt;color:#000000;text-decoration:none;">September 30, 2019</span><span style="font-family:inherit;font-size:10pt;"> and </span><span style="font-family:inherit;font-size:10pt;">December 31, 2018</span><span style="font-family:inherit;font-size:10pt;"> financial information. Certain industries in which we operate are highly seasonal, and revenue from, and certain expenses for, such operations may fluctuate significantly among quarterly periods. Demand for electricity and natural gas is sensitive to seasonal cooling, heating and industrial load requirements. In particular, the normal peak usage season for electric utilities is June through August while the normal peak usage season for gas utilities is November through March. Significant earnings variances can be expected between the Gas Utilities segment’s peak and off-peak seasons. Due to this seasonal nature, our results of operations for the </span><span style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">three</span><span style="font-family:inherit;font-size:10pt;"> and </span><span style="font-family:inherit;font-size:10pt;">nine</span><span style="font-family:inherit;font-size:10pt;"> months ended </span><span style="font-family:Times New Roman;font-size:10pt;color:#000000;text-decoration:none;">September 30, 2019</span><span style="font-family:inherit;font-size:10pt;"> and </span><span style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">September 30, 2018</span><span style="font-family:inherit;font-size:10pt;">, and our financial condition as of </span><span style="font-family:Times New Roman;font-size:10pt;color:#000000;text-decoration:none;">September 30, 2019</span><span style="font-family:inherit;font-size:10pt;"> and </span><span style="font-family:inherit;font-size:10pt;">December 31, 2018</span><span style="font-family:inherit;font-size:10pt;"> are not necessarily indicative of the results of operations and financial condition to be expected for any other period. All earnings per share amounts discussed refer to diluted earnings per share unless otherwise noted.</span></div>
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
323745000 USD
CY2019Q3 us-gaap Revenues
Revenues
325548000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
323745000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
320163000 USD
CY2018Q3 us-gaap Revenues
Revenues
321979000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
320163000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1251461000 USD
us-gaap Revenues
Revenues
1257246000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1251461000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1245981000 USD
us-gaap Revenues
Revenues
1253072000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1245981000 USD
CY2019Q3 us-gaap Revenues
Revenues
325548000 USD
CY2018Q3 us-gaap Revenues
Revenues
321979000 USD
us-gaap Revenues
Revenues
1257246000 USD
us-gaap Revenues
Revenues
1253072000 USD
CY2019Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
70551000 USD
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
65085000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
284683000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
282910000 USD
CY2019Q3 us-gaap Interest Income Expense Net
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-33487000 USD
CY2018Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-35297000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-102469000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-104826000 USD
CY2019Q3 us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
19741000 USD
CY2018Q3 us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
0 USD
us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
19741000 USD
us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
0 USD
CY2019Q3 bkh Other Nonoperating Income Expense Including Allowance For Funds Used During Construction Equity
OtherNonoperatingIncomeExpenseIncludingAllowanceForFundsUsedDuringConstructionEquity
580000 USD
CY2018Q3 bkh Other Nonoperating Income Expense Including Allowance For Funds Used During Construction Equity
OtherNonoperatingIncomeExpenseIncludingAllowanceForFundsUsedDuringConstructionEquity
-510000 USD
bkh Other Nonoperating Income Expense Including Allowance For Funds Used During Construction Equity
OtherNonoperatingIncomeExpenseIncludingAllowanceForFundsUsedDuringConstructionEquity
55000 USD
bkh Other Nonoperating Income Expense Including Allowance For Funds Used During Construction Equity
OtherNonoperatingIncomeExpenseIncludingAllowanceForFundsUsedDuringConstructionEquity
-1923000 USD
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2508000 USD
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7477000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
22078000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-11784000 USD
CY2019Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
15395000 USD
CY2018Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
21801000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
140450000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
187945000 USD
CY2019Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
0 USD
CY2018Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-857000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
0 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-5627000 USD
CY2019Q3 us-gaap Profit Loss
ProfitLoss
15395000 USD
CY2018Q3 us-gaap Profit Loss
ProfitLoss
20944000 USD
us-gaap Profit Loss
ProfitLoss
140450000 USD
us-gaap Profit Loss
ProfitLoss
182318000 USD
CY2019Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3655000 USD
CY2018Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3994000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
10319000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
10447000 USD
CY2019Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
11740000 USD
CY2018Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
16950000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
130131000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
171871000 USD
CY2018Q3 bkh Changes To Our Segment Performance Measure Operating Income
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0 USD
bkh Changes To Our Segment Performance Measure Operating Income
ChangesToOurSegmentPerformanceMeasureOperatingIncome
0 USD
CY2019Q3 us-gaap Assets
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7274950000 USD
CY2018Q4 us-gaap Assets
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6963327000 USD
CY2019Q3 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
96214000 USD
CY2019Q3 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
55934000 USD
CY2019Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
3159000 USD
CY2019Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
148989000 USD
CY2018Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
146716000 USD
CY2018Q4 us-gaap Unbilled Receivables Current
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125646000 USD
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
3209000 USD
CY2018Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
269153000 USD
CY2019Q3 us-gaap Regulatory Assets
RegulatoryAssets
260358000 USD
CY2018Q4 us-gaap Regulatory Assets
RegulatoryAssets
284235000 USD
CY2019Q3 us-gaap Regulatory Assets Current
RegulatoryAssetsCurrent
46206000 USD
CY2018Q4 us-gaap Regulatory Assets Current
RegulatoryAssetsCurrent
48776000 USD
CY2019Q3 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
214152000 USD
CY2018Q4 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
235459000 USD
CY2019Q3 us-gaap Regulatory Liabilities
RegulatoryLiabilities
523941000 USD
CY2018Q4 us-gaap Regulatory Liabilities
RegulatoryLiabilities
540794000 USD
CY2019Q3 us-gaap Regulatory Liability Current
RegulatoryLiabilityCurrent
25168000 USD
CY2018Q4 us-gaap Regulatory Liability Current
RegulatoryLiabilityCurrent
29810000 USD
CY2019Q3 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
498773000 USD
CY2018Q4 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
510984000 USD
CY2019Q3 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
81382000 USD
CY2018Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
75081000 USD
CY2019Q3 us-gaap Energy Related Inventory Other Fossil Fuel
EnergyRelatedInventoryOtherFossilFuel
2535000 USD
CY2018Q4 us-gaap Energy Related Inventory Other Fossil Fuel
EnergyRelatedInventoryOtherFossilFuel
2850000 USD
CY2019Q3 us-gaap Energy Related Inventory Natural Gas In Storage
EnergyRelatedInventoryNaturalGasInStorage
39085000 USD
CY2018Q4 us-gaap Energy Related Inventory Natural Gas In Storage
EnergyRelatedInventoryNaturalGasInStorage
39368000 USD
CY2019Q3 us-gaap Inventory Net
InventoryNet
123002000 USD
CY2018Q4 us-gaap Inventory Net
InventoryNet
117299000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
11740000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
16950000 USD
us-gaap Net Income Loss
NetIncomeLoss
130131000 USD
us-gaap Net Income Loss
NetIncomeLoss
171871000 USD
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
60976000 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
53364000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
60458000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
53346000 shares
CY2019Q3 us-gaap Incremental Common Shares Attributable To Equity Unit Purchase Agreements
IncrementalCommonSharesAttributableToEquityUnitPurchaseAgreements
0 shares
CY2018Q3 us-gaap Incremental Common Shares Attributable To Equity Unit Purchase Agreements
IncrementalCommonSharesAttributableToEquityUnitPurchaseAgreements
1344000 shares
us-gaap Incremental Common Shares Attributable To Equity Unit Purchase Agreements
IncrementalCommonSharesAttributableToEquityUnitPurchaseAgreements
0 shares
us-gaap Incremental Common Shares Attributable To Equity Unit Purchase Agreements
IncrementalCommonSharesAttributableToEquityUnitPurchaseAgreements
1060000 shares
CY2019Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
128000 shares
CY2018Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
111000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
120000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
102000 shares
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
61104000 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
54819000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
60578000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
54508000 shares
CY2019Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2000 shares
CY2018Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
12000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
5000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
15000 shares
CY2019Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
294900000 USD
CY2019Q3 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
18313000 USD
CY2018Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
185620000 USD
CY2018Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
22311000 USD
CY2019Q3 bkh Commercial Paper Maximum Borrowing Capacity
CommercialPaperMaximumBorrowingCapacity
750000000 USD
CY2019Q3 bkh Commercial Paper Maximum Borrowing Capacity
CommercialPaperMaximumBorrowingCapacity
750000000 USD
CY2017Q3 bkh At The Market Equity Offering Program Authorized Aggregate Value
AtTheMarketEquityOfferingProgramAuthorizedAggregateValue
300000000 USD
CY2019Q3 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
300000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
1000000.0 USD
CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-26916000 USD
CY2019Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-25695000 USD
CY2017Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-41202000 USD
CY2018Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-37703000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
86661000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
49631000 USD
us-gaap Interest Paid Net
InterestPaidNet
99375000 USD
us-gaap Interest Paid Net
InterestPaidNet
104035000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-2255000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
14842000 USD
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2500000 USD
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7500000 USD
CY2018Q3 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
-5300000 USD
CY2019Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.140
CY2018Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.076
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
22000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-12000000 USD
us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
-7500000 USD
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.136
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.171
us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
5000000.0 USD
us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
1000000.0 USD
CY2019Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
57313000 USD
CY2018Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
63742000 USD
CY2019Q3 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
38937000 USD
CY2018Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
42510000 USD
CY2019Q3 bkh Customer Depositsand Prepayments
CustomerDepositsandPrepayments
56220000 USD
CY2018Q4 bkh Customer Depositsand Prepayments
CustomerDepositsandPrepayments
43574000 USD
CY2019Q3 us-gaap Interest Payable Current
InterestPayableCurrent
35100000 USD
CY2018Q4 us-gaap Interest Payable Current
InterestPayableCurrent
31759000 USD
CY2019Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
30262000 USD
CY2018Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
33916000 USD
CY2019Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
217832000 USD
CY2018Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
215501000 USD
CY2019Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
380000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
1076000 USD
CY2019Q3 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
28000 USD
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
72000 USD
CY2019Q3 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
5000 USD
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
14000 USD
CY2019Q3 us-gaap Lease Cost
LeaseCost
413000 USD
us-gaap Lease Cost
LeaseCost
1162000 USD
CY2019Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
4864000 USD
CY2019Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
493000 USD
CY2019Q3 bkh Operatingand Finance Lease Assets
OperatingandFinanceLeaseAssets
5357000 USD
CY2019Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
970000 USD
CY2019Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
80000 USD
CY2019Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
4252000 USD
CY2019Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
419000 USD
CY2019Q3 bkh Operatingand Finance Lease Liabilities
OperatingandFinanceLeaseLiabilities
5721000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
895000 USD
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
14000 USD
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
66000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
2775000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
67000 USD
CY2019Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y
CY2019Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P4Y
CY2019Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0427
CY2019Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0419
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
368000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
32000 USD
CY2019Q3 bkh Lease Liability Payments Remainderof Fiscal Year
LeaseLiabilityPaymentsRemainderofFiscalYear
400000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
992000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
126000 USD
CY2019Q3 bkh Lease Liability Payments Due Year Two
LeaseLiabilityPaymentsDueYearTwo
1118000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
855000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
126000 USD
CY2019Q3 bkh Lease Liability Payments Due Year Three
LeaseLiabilityPaymentsDueYearThree
981000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
736000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
126000 USD
CY2019Q3 bkh Lease Liability Payments Due Year Four
LeaseLiabilityPaymentsDueYearFour
862000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
714000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
126000 USD
CY2019Q3 bkh Lease Liability Payments Due Year Five
LeaseLiabilityPaymentsDueYearFive
840000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
2682000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
10000 USD
CY2019Q3 bkh Lease Liability Payments After Year Five
LeaseLiabilityPaymentsAfterYearFive
2692000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
6347000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
546000 USD
CY2019Q3 bkh Lease Liability Payments Due
LeaseLiabilityPaymentsDue
6893000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1125000 USD
CY2019Q3 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
47000 USD
CY2019Q3 bkh Lease Liability Undiscounted Excess Amount
LeaseLiabilityUndiscountedExcessAmount
1172000 USD
CY2019Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
5222000 USD
CY2019Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
499000 USD
CY2019Q3 bkh Lease Liability
LeaseLiability
5721000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
1052000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
464000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
344000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
224000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
216000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
1776000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
4076000 USD
CY2019Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
544000 USD
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
1749000 USD
CY2019Q3 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
551000 USD
CY2019Q3 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
2035000 USD
CY2019Q3 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
1857000 USD
CY2019Q3 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
1793000 USD
CY2019Q3 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
1799000 USD
CY2019Q3 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
55481000 USD
CY2019Q3 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
63516000 USD
CY2018Q1 bkh Assets Held For Sale Usedto Acquire Other Investments
AssetsHeldForSaleUsedtoAcquireOtherInvestments
28000000 USD
us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
20000000 USD
CY2019Q3 us-gaap Long Term Investments
LongTermInvestments
21583000 USD
CY2018Q4 us-gaap Long Term Investments
LongTermInvestments
41013000 USD

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