2018 Q4 Form 10-K Financial Statement

#000105787720000040 Filed on February 20, 2020

View on sec.gov

Income Statement

Concept 2018 Q4 2017 Q4 2017
Revenue $311.9M $305.6M $1.349B
YoY Change 2.06% 4.09% 6.93%
Cost Of Revenue $77.70M $62.60M $249.0M
YoY Change 24.12% -16.42% 1.06%
Gross Profit $234.2M $243.0M $1.101B
YoY Change -3.62% 11.11% 8.36%
Gross Profit Margin 75.09% 79.52% 81.55%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $43.10M $40.80M $165.9M
YoY Change 5.64% 9.97% 12.65%
% of Gross Profit 18.4% 16.79% 15.08%
Operating Expenses $210.2M $185.8M $1.034B
YoY Change 13.13% 20.1% 5.67%
Operating Profit $24.00M $57.20M $315.5M
YoY Change -58.04% -10.63% 11.27%
Interest Expense $0.00 -$20.00M $83.75M
YoY Change -100.0% -12.66% 2.09%
% of Operating Profit 0.0% -34.97% 26.54%
Other Income/Expense, Net $5.800M $5.100M $12.55M
YoY Change 13.73% -2650.0% -20.88%
Pretax Income $29.70M $42.30M $261.8M
YoY Change -29.79% 3.17% 11.65%
Income Tax $3.500M $1.600M $48.66M
% Of Pretax Income 11.78% 3.78% 18.58%
Net Earnings $26.10M $38.90M $212.4M
YoY Change -32.9% 17.17% 7.13%
Net Earnings / Revenue 8.37% 12.73% 15.74%
Basic Earnings Per Share $4.22
Diluted Earnings Per Share $516.8K $770.3K $4.21
COMMON SHARES
Basic Shares Outstanding 50.39M shares 50.39M shares 50.36M shares
Diluted Shares Outstanding 50.42M shares

Balance Sheet

Concept 2018 Q4 2017 Q4 2017
SHORT-TERM ASSETS
Cash & Short-Term Investments $267.5M $76.60M $76.60M
YoY Change 249.22% 24.55% 24.55%
Cash & Equivalents $267.5M $76.65M $76.60M
Short-Term Investments
Other Short-Term Assets $3.655M $18.00K $140.8M
YoY Change 20205.56% -99.7% -16.04%
Inventory $103.0M $112.4M $112.4M
Prepaid Expenses $16.49M $16.98M
Receivables $77.18M $75.25M $75.20M
Other Receivables $11.80M $38.60M $38.60M
Total Short-Term Assets $597.6M $443.6M $443.6M
YoY Change 34.72% 0.75% 0.75%
LONG-TERM ASSETS
Property, Plant & Equipment $4.396B $4.284B $4.284B
YoY Change 2.61% 2.68% 2.68%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $11.37M $11.35M $115.7M
YoY Change 0.19% 1.18% -7.59%
Other Assets $62.88M $59.43M $1.198B
YoY Change 5.82% -4.24% -21.16%
Total Long-Term Assets $5.785B $5.602B $5.602B
YoY Change 3.27% -4.24% -4.24%
TOTAL ASSETS
Total Short-Term Assets $597.6M $443.6M $443.6M
Total Long-Term Assets $5.785B $5.602B $5.602B
Total Assets $6.383B $6.045B $6.045B
YoY Change 5.58% -3.89% -3.89%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $110.8M $90.28M $90.30M
YoY Change 22.76% -14.99% -14.97%
Accrued Expenses $78.70M $69.40M $69.40M
YoY Change 13.4% 1.76% 1.76%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0% -100.0%
Long-Term Debt Due $0.00 $0.00 $0.00
YoY Change -100.0% -100.0%
Total Short-Term Liabilities $258.6M $200.7M $200.7M
YoY Change 28.81% -19.61% -19.62%
LONG-TERM LIABILITIES
Long-Term Debt $1.835B $1.746B $1.746B
YoY Change 5.08% 0.09% 0.09%
Other Long-Term Liabilities $43.22M $44.57M $1.182B
YoY Change -3.03% -1.15% 32.23%
Total Long-Term Liabilities $1.914B $1.842B $2.928B
YoY Change 3.86% -13.81% 10.97%
TOTAL LIABILITIES
Total Short-Term Liabilities $258.6M $200.7M $200.7M
Total Long-Term Liabilities $1.914B $1.842B $2.928B
Total Liabilities $2.172B $2.043B $3.794B
YoY Change 6.31% -14.42% -8.27%
SHAREHOLDERS EQUITY
Retained Earnings $1.532B $1.427B
YoY Change 7.36% 7.81%
Common Stock $863.6M $857.2M
YoY Change 0.74% 0.63%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.932M $1.386M
YoY Change 39.39% 470.37%
Treasury Stock Shares 27.23K shares 27.66K shares
Shareholders Equity $2.370B $2.251B $2.251B
YoY Change
Total Liabilities & Shareholders Equity $6.383B $6.045B $6.045B
YoY Change 5.58% -3.89% -3.89%

Cashflow Statement

Concept 2018 Q4 2017 Q4 2017
OPERATING ACTIVITIES
Net Income $26.10M $38.90M $212.4M
YoY Change -32.9% 17.17% 7.13%
Depreciation, Depletion And Amortization $43.10M $40.80M $165.9M
YoY Change 5.64% 9.97% 12.65%
Cash From Operating Activities $125.7M $89.20M $435.2M
YoY Change 40.92% 29.65% 26.43%
INVESTING ACTIVITIES
Capital Expenditures -$79.90M -$78.20M $285.5M
YoY Change 2.17% -19.38% -3.86%
Acquisitions
YoY Change
Other Investing Activities -$7.800M -$6.400M -$5.340M
YoY Change 21.88% -1166.67% 14.72%
Cash From Investing Activities -$87.70M -$84.40M -$280.4M
YoY Change 3.91% -12.45% -4.59%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $3.212M
YoY Change -3.51%
Debt Paid & Issued, Net $1.064M
YoY Change -98.95%
Cash From Financing Activities -31.70M -32.50M -$139.6M
YoY Change -2.46% 177.78% 34.72%
NET CHANGE
Cash From Operating Activities 125.7M 89.20M $435.2M
Cash From Investing Activities -87.70M -84.40M -$280.4M
Cash From Financing Activities -31.70M -32.50M -$139.6M
Net Change In Cash 6.300M -27.70M $15.17M
YoY Change -122.74% -29.52% -128.45%
FREE CASH FLOW
Cash From Operating Activities $125.7M $89.20M $435.2M
Capital Expenditures -$79.90M -$78.20M $285.5M
Free Cash Flow $205.6M $167.4M $149.7M
YoY Change 22.82% 0.97% 216.8%

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Assets
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CY2019 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
13440000 USD
CY2018 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-8120000 USD
CY2017 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
5990000 USD
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-36284000 USD
CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-22844000 USD
CY2017Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-30964000 USD
CY2018Q4 us-gaap Treasury Stock Value
TreasuryStockValue
1932000 USD
CY2017Q4 us-gaap Treasury Stock Value
TreasuryStockValue
1386000 USD
CY2016Q4 us-gaap Treasury Stock Value
TreasuryStockValue
243000 USD
CY2019 us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
4172000 USD
CY2018 us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
3068000 USD
CY2017 us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
2069000 USD
CY2019 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
4160000 USD
CY2018 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
3614000 USD
CY2017 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
3212000 USD
CY2019Q4 us-gaap Treasury Stock Value
TreasuryStockValue
1920000 USD
CY2018Q4 us-gaap Treasury Stock Value
TreasuryStockValue
1932000 USD
CY2017Q4 us-gaap Treasury Stock Value
TreasuryStockValue
1386000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
2464628000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
2370360000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
2251385000 USD
CY2018Q4 us-gaap Minority Interest
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5451000 USD
CY2017Q4 us-gaap Minority Interest
MinorityInterest
4729000 USD
CY2016Q4 us-gaap Minority Interest
MinorityInterest
3960000 USD
CY2019 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
474000 USD
CY2018 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
722000 USD
CY2017 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
769000 USD
CY2019Q4 us-gaap Minority Interest
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5925000 USD
CY2018Q4 us-gaap Minority Interest
MinorityInterest
5451000 USD
CY2017Q4 us-gaap Minority Interest
MinorityInterest
4729000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2470553000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2375811000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2256114000 USD
CY2019 us-gaap Nature Of Operations
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<div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Nature of Business</span></div><div style="line-height:120%;font-size:12pt;"><span style="font-family:inherit;font-size:12pt;"> </span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">IDACORP is a holding company formed in 1998 whose principal operating subsidiary is Idaho Power. Idaho Power is an electric utility engaged in the generation, transmission, distribution, sales, and purchase of electric energy and capacity with a service area covering approximately 24,000 square miles in southern Idaho and eastern Oregon. Idaho Power is regulated primarily by the state utility regulatory commissions of Idaho and Oregon and the Federal Energy Regulatory Commission (FERC). Idaho Power is the parent of Idaho Energy Resources Co. (IERCo), a joint venturer in Bridger Coal Company (BCC), which mines and supplies coal to the Jim Bridger generating plant (Jim Bridger plant) owned in part by Idaho Power.</span></div><div style="line-height:120%;font-size:12pt;"><span style="font-family:inherit;font-size:12pt;"> </span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">IDACORP’s other notable wholly-owned subsidiaries include IDACORP Financial Services, Inc. (IFS), an investor in affordable housing and other real estate investments, and Ida-West Energy Company (Ida-West), an operator of small hydropower generation projects that satisfy the requirements of the Public Utility Regulatory Policies Act of 1978 (PURPA).</span></div>
CY2019 us-gaap Use Of Estimates
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<div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Management Estimates</span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Management makes estimates and assumptions when preparing financial statements in conformity with generally accepted accounting principles. These estimates and assumptions include those related to rate regulation, retirement benefits, contingencies, asset impairment, income taxes, unbilled revenues, and bad debt. These estimates and assumptions affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. These estimates involve judgments with respect to, among other things, future economic factors that are difficult to predict and are beyond management’s control. Accordingly, actual results could differ from those estimates.</span></div>
CY2019Q4 ida Late Payment Fee Customer Billings
LatePaymentFeeCustomerBillings
0.01
CY2019 ida Impairment Of Receivables
ImpairmentOfReceivables
0 USD
CY2019 us-gaap Public Utilities Property Plant And Equipment Disclosure Of Composite Depreciation Rate For Plants In Service
PublicUtilitiesPropertyPlantAndEquipmentDisclosureOfCompositeDepreciationRateForPlantsInService
0.029
CY2018 us-gaap Public Utilities Property Plant And Equipment Disclosure Of Composite Depreciation Rate For Plants In Service
PublicUtilitiesPropertyPlantAndEquipmentDisclosureOfCompositeDepreciationRateForPlantsInService
0.028
CY2017 us-gaap Public Utilities Property Plant And Equipment Disclosure Of Composite Depreciation Rate For Plants In Service
PublicUtilitiesPropertyPlantAndEquipmentDisclosureOfCompositeDepreciationRateForPlantsInService
0.029
CY2019 us-gaap Impairment Of Long Lived Assets Held For Use
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0 USD
CY2019 us-gaap Public Utilities Allowance For Funds Used During Construction Rate
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0.076
CY2019 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
54046000 USD
CY2018 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
51279000 USD
CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
91378000 USD
CY2019 ida Income Tax Reconciliation Afudc
IncomeTaxReconciliationAfudc
-7941000 USD
CY2018 ida Income Tax Reconciliation Afudc
IncomeTaxReconciliationAfudc
-7246000 USD
CY2017 ida Income Tax Reconciliation Afudc
IncomeTaxReconciliationAfudc
-10318000 USD
CY2019 ida Income Tax Reconciliation Capitalized Interest
IncomeTaxReconciliationCapitalizedInterest
976000 USD
CY2018 ida Income Tax Reconciliation Capitalized Interest
IncomeTaxReconciliationCapitalizedInterest
928000 USD
CY2017 ida Income Tax Reconciliation Capitalized Interest
IncomeTaxReconciliationCapitalizedInterest
1513000 USD
CY2019 us-gaap Income Tax Reconciliation Tax Credits Investment
IncomeTaxReconciliationTaxCreditsInvestment
6252000 USD
CY2018 us-gaap Income Tax Reconciliation Tax Credits Investment
IncomeTaxReconciliationTaxCreditsInvestment
2929000 USD
CY2017 us-gaap Income Tax Reconciliation Tax Credits Investment
IncomeTaxReconciliationTaxCreditsInvestment
3081000 USD
CY2019 ida Effective Income Tax Rate Reconciliation Removal Costs
EffectiveIncomeTaxRateReconciliationRemovalCosts
-3139000 USD
CY2018 ida Effective Income Tax Rate Reconciliation Removal Costs
EffectiveIncomeTaxRateReconciliationRemovalCosts
-3471000 USD
CY2017 ida Effective Income Tax Rate Reconciliation Removal Costs
EffectiveIncomeTaxRateReconciliationRemovalCosts
-6280000 USD
CY2019 ida Income Tax Reconciliation Capitalized Overhead Costs
IncomeTaxReconciliationCapitalizedOverheadCosts
-7140000 USD
CY2018 ida Income Tax Reconciliation Capitalized Overhead Costs
IncomeTaxReconciliationCapitalizedOverheadCosts
-6720000 USD
CY2017 ida Income Tax Reconciliation Capitalized Overhead Costs
IncomeTaxReconciliationCapitalizedOverheadCosts
-11200000 USD
CY2019 ida Income Tax Reconciliation Capitalized Repair Costs
IncomeTaxReconciliationCapitalizedRepairCosts
-18480000 USD
CY2018 ida Income Tax Reconciliation Capitalized Repair Costs
IncomeTaxReconciliationCapitalizedRepairCosts
-17850000 USD
CY2017 ida Income Tax Reconciliation Capitalized Repair Costs
IncomeTaxReconciliationCapitalizedRepairCosts
-28700000 USD
CY2019 us-gaap Income Tax Reconciliation Deductions
IncomeTaxReconciliationDeductions
0 USD
CY2018 us-gaap Income Tax Reconciliation Deductions
IncomeTaxReconciliationDeductions
1029000 USD
CY2017 us-gaap Income Tax Reconciliation Deductions
IncomeTaxReconciliationDeductions
0 USD
CY2019 us-gaap Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfDeferredTaxAssetLiability
0 USD
CY2017 us-gaap Income Tax Reconciliation Nondeductible Expense Depreciation
IncomeTaxReconciliationNondeductibleExpenseDepreciation
18953000 USD
CY2018 us-gaap Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfDeferredTaxAssetLiability
-5411000 USD
CY2017 us-gaap Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfDeferredTaxAssetLiability
1690000 USD
CY2019 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
8627000 USD
CY2018 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
8512000 USD
CY2017 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
8153000 USD
CY2019 us-gaap Income Tax Reconciliation Nondeductible Expense Depreciation
IncomeTaxReconciliationNondeductibleExpenseDepreciation
14641000 USD
CY2018 us-gaap Income Tax Reconciliation Nondeductible Expense Depreciation
IncomeTaxReconciliationNondeductibleExpenseDepreciation
13110000 USD
CY2019 ida Excessdeferredincometaxreversal
Excessdeferredincometaxreversal
-6181000 USD
CY2018 ida Excessdeferredincometaxreversal
Excessdeferredincometaxreversal
-7289000 USD
CY2017 ida Excessdeferredincometaxreversal
Excessdeferredincometaxreversal
0 USD
CY2019 ida Incometaxreturnadjustments
Incometaxreturnadjustments
745000 USD
CY2018 ida Incometaxreturnadjustments
Incometaxreturnadjustments
-5076000 USD
CY2017 ida Incometaxreturnadjustments
Incometaxreturnadjustments
-3710000 USD
CY2019 us-gaap Income Tax Reconciliation Tax Credits Other
IncomeTaxReconciliationTaxCreditsOther
2874000 USD
CY2018 us-gaap Income Tax Reconciliation Tax Credits Other
IncomeTaxReconciliationTaxCreditsOther
2560000 USD
CY2017 us-gaap Income Tax Reconciliation Tax Credits Other
IncomeTaxReconciliationTaxCreditsOther
2559000 USD
CY2019 ida Effective Income Tax Rate Reconciliation Affordable Housing Investment Distribution
EffectiveIncomeTaxRateReconciliationAffordableHousingInvestmentDistribution
-3232000 USD
CY2018 ida Effective Income Tax Rate Reconciliation Affordable Housing Investment Distribution
EffectiveIncomeTaxRateReconciliationAffordableHousingInvestmentDistribution
-267000 USD
CY2017 ida Effective Income Tax Rate Reconciliation Affordable Housing Investment Distribution
EffectiveIncomeTaxRateReconciliationAffordableHousingInvestmentDistribution
-1124000 USD
CY2019 ida Effective Income Tax Rate Reconciliation Affordable Housing Investment Amortization
EffectiveIncomeTaxRateReconciliationAffordableHousingInvestmentAmortization
1825000 USD
CY2018 ida Effective Income Tax Rate Reconciliation Affordable Housing Investment Amortization
EffectiveIncomeTaxRateReconciliationAffordableHousingInvestmentAmortization
1519000 USD
CY2017 ida Effective Income Tax Rate Reconciliation Affordable Housing Investment Amortization
EffectiveIncomeTaxRateReconciliationAffordableHousingInvestmentAmortization
1271000 USD
CY2019 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-1114000 USD
CY2018 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
1886000 USD
CY2017 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-7326000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
24507000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
17386000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
48660000 USD
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.095
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.071
CY2017 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.186
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
8830000 USD
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
5390000 USD
CY2017 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
11726000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
4865000 USD
CY2018 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
3328000 USD
CY2017 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
5418000 USD
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
13695000 USD
CY2018 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
8718000 USD
CY2017 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
17144000 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
9486000 USD
CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
1649000 USD
CY2017 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
24018000 USD
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
1159000 USD
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
30000 USD
CY2017 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-154000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
10645000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1679000 USD
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
23864000 USD
CY2019 ida Deferred Investment Tax Credit
DeferredInvestmentTaxCredit
8268000 USD
CY2018 ida Deferred Investment Tax Credit
DeferredInvestmentTaxCredit
8334000 USD
CY2017 ida Deferred Investment Tax Credit
DeferredInvestmentTaxCredit
10506000 USD
CY2019 ida Restored Investment Tax Credit
RestoredInvestmentTaxCredit
6252000 USD
CY2018 ida Restored Investment Tax Credit
RestoredInvestmentTaxCredit
2929000 USD
CY2017 ida Restored Investment Tax Credit
RestoredInvestmentTaxCredit
3081000 USD
CY2019 us-gaap Investment Tax Credit
InvestmentTaxCredit
2016000 USD
CY2018 us-gaap Investment Tax Credit
InvestmentTaxCredit
5405000 USD
CY2017 us-gaap Investment Tax Credit
InvestmentTaxCredit
7425000 USD
CY2019 us-gaap Other Tax Expense Benefit
OtherTaxExpenseBenefit
-1849000 USD
CY2018 us-gaap Other Tax Expense Benefit
OtherTaxExpenseBenefit
1584000 USD
CY2017 us-gaap Other Tax Expense Benefit
OtherTaxExpenseBenefit
227000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
24507000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
17386000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
48660000 USD
CY2019Q4 us-gaap Deferred Tax Assets Regulatory Assets And Liabilities
DeferredTaxAssetsRegulatoryAssetsAndLiabilities
96599000 USD
CY2018Q4 us-gaap Deferred Tax Assets Regulatory Assets And Liabilities
DeferredTaxAssetsRegulatoryAssetsAndLiabilities
98042000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
21946000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
21871000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Other
DeferredTaxAssetsTaxDeferredExpenseOther
39039000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Other
DeferredTaxAssetsTaxDeferredExpenseOther
35137000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
76125000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
100041000 USD
CY2019Q4 us-gaap Deferred Tax Assets Equity Method Investments
DeferredTaxAssetsEquityMethodInvestments
7911000 USD
CY2018Q4 us-gaap Deferred Tax Assets Equity Method Investments
DeferredTaxAssetsEquityMethodInvestments
4200000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
114124000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
91867000 USD
CY2019Q4 us-gaap Deferred Tax Assets Other
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11347000 USD
CY2018Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
9299000 USD
CY2019Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
367091000 USD
CY2018Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
360457000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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286583000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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294471000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Regulatory Assets And Liabilities
DeferredTaxLiabilitiesRegulatoryAssetsAndLiabilities
646886000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Regulatory Assets And Liabilities
DeferredTaxLiabilitiesRegulatoryAssetsAndLiabilities
614144000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Investment In Noncontrolled Affiliates
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3565000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Investment In Noncontrolled Affiliates
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3875000 USD
CY2019Q4 ida Deferred Tax Liabilities Prepaid Pension Cost
DeferredTaxLiabilitiesPrepaidPensionCost
132764000 USD
CY2018Q4 ida Deferred Tax Liabilities Prepaid Pension Cost
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108440000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Other
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43524000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Other
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39405000 USD
CY2019Q4 us-gaap Deferred Income Tax Liabilities
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1113322000 USD
CY2018Q4 us-gaap Deferred Income Tax Liabilities
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1060335000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities
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746231000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities
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699878000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
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0 USD
CY2017 ida Changeinnetdeferredtaxliabilities
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672000000 USD
CY2019Q4 us-gaap Regulatory Assets
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1383059000 USD
CY2018Q4 us-gaap Regulatory Assets
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1214174000 USD
CY2019Q4 us-gaap Regulatory Liabilities
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782185000 USD
CY2018Q4 us-gaap Regulatory Liabilities
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764877000 USD
CY2019Q2 ida Annualfixedcostadjustmentmechanismdeferral
Annualfixedcostadjustmentmechanismdeferral
34800000 USD
CY2018Q2 ida Annualfixedcostadjustmentmechanismdeferral
Annualfixedcostadjustmentmechanismdeferral
15600000 USD
CY2017Q2 ida Annualfixedcostadjustmentmechanismdeferral
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35000000.0 USD
CY2018Q1 us-gaap Cumulative Effect Of New Accounting Principle In Period Of Adoption
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0 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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1285286000 USD
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1312112000 USD
CY2017 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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1320004000 USD
CY2019 us-gaap Regulated Operating Revenue Other
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57654000 USD
CY2018 us-gaap Regulated Operating Revenue Other
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54470000 USD
CY2017 us-gaap Regulated Operating Revenue Other
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24889000 USD
CY2019 us-gaap Regulated Operating Revenue Electric Non Nuclear
RegulatedOperatingRevenueElectricNonNuclear
1342940000 USD
CY2018 us-gaap Regulated Operating Revenue Electric Non Nuclear
RegulatedOperatingRevenueElectricNonNuclear
1366582000 USD
CY2017 us-gaap Regulated Operating Revenue Electric Non Nuclear
RegulatedOperatingRevenueElectricNonNuclear
1344893000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1285286000 USD
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1312112000 USD
CY2017 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1320004000 USD
CY2019 us-gaap Contract With Customer Asset Credit Loss Expense
ContractWithCustomerAssetCreditLossExpense
2600000 USD
CY2018 us-gaap Contract With Customer Asset Credit Loss Expense
ContractWithCustomerAssetCreditLossExpense
3600000 USD
CY2017 us-gaap Contract With Customer Asset Credit Loss Expense
ContractWithCustomerAssetCreditLossExpense
4700000 USD
CY2019 us-gaap Regulated Operating Revenue Other
RegulatedOperatingRevenueOther
57654000 USD
CY2018 us-gaap Regulated Operating Revenue Other
RegulatedOperatingRevenueOther
54470000 USD
CY2017 us-gaap Regulated Operating Revenue Other
RegulatedOperatingRevenueOther
24889000 USD
CY2019Q4 us-gaap Secured Debt
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1665000000 USD
CY2018Q4 us-gaap Secured Debt
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1665000000 USD
CY2019Q4 ida Pollution Control Revenue Bonds Variable Rate Series2000 Due2027
PollutionControlRevenueBondsVariableRateSeries2000Due2027
4360000 USD
CY2018Q4 ida Pollution Control Revenue Bonds Variable Rate Series2000 Due2027
PollutionControlRevenueBondsVariableRateSeries2000Due2027
4360000 USD
CY2019Q4 us-gaap Longterm Pollution Control Bond Current And Noncurrent
LongtermPollutionControlBondCurrentAndNoncurrent
170460000 USD
CY2018Q4 us-gaap Longterm Pollution Control Bond Current And Noncurrent
LongtermPollutionControlBondCurrentAndNoncurrent
170460000 USD
CY2019Q4 ida American Falls Bond Guarantee
AmericanFallsBondGuarantee
19885000 USD
CY2018Q4 ida American Falls Bond Guarantee
AmericanFallsBondGuarantee
19885000 USD
CY2019Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
18686000 USD
CY2018Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
20557000 USD
CY2019Q4 us-gaap Long Term Debt
LongTermDebt
1836659000 USD
CY2018Q4 us-gaap Long Term Debt
LongTermDebt
1834788000 USD
CY2019Q4 us-gaap Secured Debt Current
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100000000 USD
CY2018Q4 us-gaap Secured Debt Current
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0 USD
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1736659000 USD
CY2018Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1834788000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
100000000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
0 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
75000000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
75000000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
49800000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
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CY2017Q4 us-gaap Common Stock Shares Issued
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CommonStockSharesIssued
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CY2017Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
50420017 shares
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CommonStockSharesIssued
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CY2019Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
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CommonStockSharesIssued
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CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
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CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
75761 shares
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
72397 shares
CY2019 us-gaap Share Based Goods And Nonemployee Services Transaction Quantity Of Securities Issued
ShareBasedGoodsAndNonemployeeServicesTransactionQuantityOfSecuritiesIssued
9594 shares
CY2018 us-gaap Share Based Goods And Nonemployee Services Transaction Quantity Of Securities Issued
ShareBasedGoodsAndNonemployeeServicesTransactionQuantityOfSecuritiesIssued
12950 shares
CY2017 us-gaap Share Based Goods And Nonemployee Services Transaction Quantity Of Securities Issued
ShareBasedGoodsAndNonemployeeServicesTransactionQuantityOfSecuritiesIssued
12050 shares
CY2019 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
0 shares
CY2019 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
0 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
232854000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
226801000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
212419000 USD
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50502000 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50432000 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50361000 shares
CY2019 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
35000 shares
CY2018 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
78000 shares
CY2017 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
63000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50537000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50510000 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50424000 shares
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.61
CY2018 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.50
CY2017 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.22
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.61
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.49
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.21
CY2019 us-gaap Guarantees Indemnifications And Warranties Policies
GuaranteesIndemnificationsAndWarrantiesPolicies
<div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">IDACORP and Idaho Power enter into financial agreements and power purchase and sale agreements that include indemnification provisions relating to various forms of claims or liabilities that may arise from the transactions contemplated by these agreements. Generally, a maximum obligation is not explicitly stated in the indemnification provisions and, therefore, the </span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">overall maximum amount of the obligation under such indemnification provisions cannot be reasonably estimated. IDACORP and Idaho Power periodically evaluate the likelihood of incurring costs under such indemnities based on their historical experience and the evaluation of the specific indemnities. As of </span><span style="font-family:inherit;font-size:10pt;">December 31, 2019</span><span style="font-family:inherit;font-size:10pt;">, management believes the likelihood is remote that IDACORP or Idaho Power would be required to perform under such indemnification provisions or otherwise incur any significant losses with respect to such indemnification obligations. Neither IDACORP nor Idaho Power has recorded any liability on their respective consolidated balance sheets with respect to these indemnification obligations.</span></div>
CY2019 ida Fair Value All Levels Transfers Amount
FairValueAllLevelsTransfersAmount
0 USD
CY2019 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
7700000 USD
CY2018 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
7700000 USD
CY2017 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
7400000 USD
CY2019Q4 us-gaap Public Utilities Property Plant And Equipment Generation Or Processing
PublicUtilitiesPropertyPlantAndEquipmentGenerationOrProcessing
2535938000 USD
CY2018Q4 us-gaap Public Utilities Property Plant And Equipment Generation Or Processing
PublicUtilitiesPropertyPlantAndEquipmentGenerationOrProcessing
2654201000 USD
CY2019Q4 us-gaap Public Utilities Property Plant And Equipment Transmission
PublicUtilitiesPropertyPlantAndEquipmentTransmission
1220703000 USD
CY2018Q4 us-gaap Public Utilities Property Plant And Equipment Transmission
PublicUtilitiesPropertyPlantAndEquipmentTransmission
1201092000 USD
CY2019Q4 us-gaap Public Utilities Property Plant And Equipment Distribution
PublicUtilitiesPropertyPlantAndEquipmentDistribution
1882136000 USD
CY2018Q4 us-gaap Public Utilities Property Plant And Equipment Distribution
PublicUtilitiesPropertyPlantAndEquipmentDistribution
1792284000 USD
CY2019Q4 us-gaap Public Utilities Property Plant And Equipment Other Property Plant And Equipment
PublicUtilitiesPropertyPlantAndEquipmentOtherPropertyPlantAndEquipment
474790000 USD
CY2018Q4 us-gaap Public Utilities Property Plant And Equipment Other Property Plant And Equipment
PublicUtilitiesPropertyPlantAndEquipmentOtherPropertyPlantAndEquipment
456279000 USD
CY2019Q4 us-gaap Public Utilities Property Plant And Equipment Plant In Service
PublicUtilitiesPropertyPlantAndEquipmentPlantInService
6113567000 USD
CY2019 us-gaap Public Utilities Property Plant And Equipment Disclosure Of Composite Depreciation Rate For Plants In Service
PublicUtilitiesPropertyPlantAndEquipmentDisclosureOfCompositeDepreciationRateForPlantsInService
0.0287
CY2018Q4 us-gaap Public Utilities Property Plant And Equipment Plant In Service
PublicUtilitiesPropertyPlantAndEquipmentPlantInService
6103856000 USD
CY2018 us-gaap Public Utilities Property Plant And Equipment Disclosure Of Composite Depreciation Rate For Plants In Service
PublicUtilitiesPropertyPlantAndEquipmentDisclosureOfCompositeDepreciationRateForPlantsInService
0.0284
CY2019Q4 us-gaap Public Utilities Property Plant And Equipment Accumulated Depreciation
PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation
2155783000 USD
CY2018Q4 us-gaap Public Utilities Property Plant And Equipment Accumulated Depreciation
PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation
2210781000 USD
CY2019Q4 us-gaap Public Utilities Property Plant And Equipment Net
PublicUtilitiesPropertyPlantAndEquipmentNet
3957784000 USD
CY2018Q4 us-gaap Public Utilities Property Plant And Equipment Net
PublicUtilitiesPropertyPlantAndEquipmentNet
3893075000 USD
CY2018Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
26792000 USD
CY2017Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
26415000 USD
CY2019 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
1115000 USD
CY2018 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
1055000 USD
CY2019 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
365000 USD
CY2018 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
-751000 USD
CY2019 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
0 USD
CY2018 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
129000 USD
CY2019 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
81000 USD
CY2018 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
56000 USD
CY2019Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
28191000 USD
CY2018Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
26792000 USD
CY2019Q4 us-gaap Real Estate Investments Unconsolidated Real Estate And Other Joint Ventures
RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures
3665000 USD
CY2018Q4 us-gaap Real Estate Investments Unconsolidated Real Estate And Other Joint Ventures
RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures
3446000 USD
CY2019Q4 us-gaap Equity Method Investments
EquityMethodInvestments
11102000 USD
CY2018Q4 us-gaap Equity Method Investments
EquityMethodInvestments
11366000 USD
CY2019Q4 us-gaap Investments
Investments
98218000 USD
CY2018Q4 us-gaap Investments
Investments
101178000 USD
CY2019 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
12370000 USD
CY2018 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
12449000 USD
CY2017 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
11374000 USD
CY2019 us-gaap Derivatives Methods Of Accounting Nonhedging Derivatives
DerivativesMethodsOfAccountingNonhedgingDerivatives
<div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Idaho Power is exposed to market risk relating to electricity, natural gas, and other fuel commodity prices, all of which are heavily influenced by supply and demand. Market risk may be influenced by market participants’ nonperformance of their contractual obligations and commitments, which affects the supply of or demand for the commodity. Idaho Power uses derivative instruments, such as physical and financial forward contracts, for both electricity and fuel to manage the risks relating to these commodity price exposures. The primary objectives of Idaho Power’s energy purchase and sale activity are to meet the demand of retail electric customers, maintain appropriate physical reserves to ensure reliability, and make economic use of temporary surpluses that may develop.</span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div>All of Idaho Power's derivative instruments have been entered into for the purpose of economically hedging forecasted purchases and sales, though none of these instruments have been designated as cash flow hedges. Idaho Power offsets fair value amounts recognized on its balance sheet and applies collateral related to derivative instruments executed with the same counterparty under the same master netting agreement. Idaho Power does not offset a counterparty's current derivative contracts with the counterparty's long-term derivative contracts, although Idaho Power's master netting arrangements would allow current and long-term positions to be offset in the event of default. Also, in the event of default, Idaho Power's master netting arrangements would allow for the offsetting of all transactions executed under the master netting arrangement. These types of transactions may include non-derivative instruments, derivatives qualifying for scope exceptions, receivables and payables arising from settled positions, and other forms of non-cash collateral (such as letters of credit).
CY2019 us-gaap Derivatives Reporting Of Derivative Activity
DerivativesReportingOfDerivativeActivity
Settlement gains and losses on electricity swap contracts are recorded on the income statement in revenues from contracts with customers or purchased power depending on the forecasted position being economically hedged by the derivative contract. Settlement gains and losses on contracts for natural gas are reflected in fuel expense. Settlement gains and losses on diesel derivatives are recorded in other operations and maintenance expense.
CY2019Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
2576000 USD
CY2019Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
2171000 USD
CY2019Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
405000 USD
CY2019Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
3017000 USD
CY2019Q4 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
2171000 USD
CY2019Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
846000 USD
CY2018Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
4639000 USD
CY2018Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
984000 USD
CY2018Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
3655000 USD
CY2018Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
1912000 USD
CY2018Q4 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
938000 USD
CY2018Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
974000 USD
CY2018Q4 us-gaap Derivative Asset Collateral Obligation To Return Cash Offset
DerivativeAssetCollateralObligationToReturnCashOffset
45000 USD
CY2019Q4 us-gaap Derivative Net Liability Position Aggregate Fair Value
DerivativeNetLiabilityPositionAggregateFairValue
3000000.0 USD
CY2019Q4 us-gaap Collateral Already Posted Aggregate Fair Value
CollateralAlreadyPostedAggregateFairValue
1400000 USD
CY2019Q4 us-gaap Additional Collateral Aggregate Fair Value
AdditionalCollateralAggregateFairValue
6700000 USD
CY2018 ida Fair Value All Levels Transfers Amount
FairValueAllLevelsTransfersAmount
0 USD
CY2019Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
64173000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
97833000 USD
CY2019Q4 us-gaap Derivative Assets
DerivativeAssets
405000 USD
CY2018Q4 us-gaap Derivative Assets
DerivativeAssets
3655000 USD
CY2019Q4 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
42738000 USD
CY2018Q4 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
36488000 USD
CY2019Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
846000 USD
CY2018Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
974000 USD
CY2019 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
1346383000 USD
CY2019 us-gaap Operating Income Loss
OperatingIncomeLoss
298326000 USD
CY2019 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
20363000 USD
CY2019 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
13251000 USD
CY2019 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
12370000 USD
CY2019 us-gaap Interest Expense
InterestExpense
86475000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
257835000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
24507000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
232854000 USD
CY2019Q4 us-gaap Assets
Assets
6641201000 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
278705000 USD
CY2018 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
1370752000 USD
CY2018 us-gaap Operating Income Loss
OperatingIncomeLoss
296922000 USD
CY2018 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
11645000 USD
CY2018 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
9841000 USD
CY2018 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
12449000 USD
CY2018 us-gaap Interest Expense
InterestExpense
85948000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
244909000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
17386000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
226801000 USD
CY2018Q4 us-gaap Assets
Assets
6382754000 USD
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
277853000 USD
CY2017 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
1349486000 USD
CY2017 us-gaap Operating Income Loss
OperatingIncomeLoss
315545000 USD
CY2017 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
12547000 USD
CY2017 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
6128000 USD
CY2017 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
11374000 USD
CY2017 us-gaap Interest Expense
InterestExpense
83746000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
261848000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
48660000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
212419000 USD
CY2017Q4 us-gaap Assets
Assets
6045405000 USD
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
285488000 USD
CY2019 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
8181000 USD
CY2018 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
5605000 USD
CY2017 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
3872000 USD
CY2019 us-gaap Interest Income Other
InterestIncomeOther
5494000 USD
CY2018 us-gaap Interest Income Other
InterestIncomeOther
4075000 USD
CY2017 us-gaap Interest Income Other
InterestIncomeOther
2310000 USD
CY2019 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
10976000 USD
CY2018 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
15781000 USD
CY2017 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
11194000 USD
CY2019 us-gaap Insured Event Gain Loss
InsuredEventGainLoss
4104000 USD
CY2018 us-gaap Insured Event Gain Loss
InsuredEventGainLoss
2779000 USD
CY2017 us-gaap Insured Event Gain Loss
InsuredEventGainLoss
2090000 USD
CY2019 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
301000 USD
CY2018 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
455000 USD
CY2017 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
813000 USD
CY2019 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
6502000 USD
CY2018 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-2867000 USD
CY2017 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-2109000 USD
CY2019 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-1952000 USD
CY2018 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-2886000 USD
CY2017 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-1882000 USD

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