2020 Q4 Form 10-K Financial Statement

#000105787721000036 Filed on February 18, 2021

View on sec.gov

Income Statement

Concept 2020 Q4 2020 2019 Q4
Revenue $315.7M $1.351B $292.8M
YoY Change 7.82% 0.32% -6.12%
Cost Of Revenue $70.30M $297.4M $70.80M
YoY Change -0.71% 5.16% -8.88%
Gross Profit $245.4M $1.053B $222.0M
YoY Change 10.54% -0.97% -5.21%
Gross Profit Margin 77.73% 77.98% 75.82%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $43.90M $175.9M $44.40M
YoY Change -1.13% 1.23% 3.02%
% of Gross Profit 17.89% 16.7% 20.0%
Operating Expenses $191.7M $1.041B $170.0M
YoY Change 12.76% -0.65% -19.12%
Operating Profit $53.70M $309.5M $52.00M
YoY Change 3.27% 3.75% 116.67%
Interest Expense -$22.20M $87.43M -$18.50M
YoY Change 20.0% 1.1%
% of Operating Profit -41.34% 28.25% -35.58%
Other Income/Expense, Net $11.60M -$42.85M $11.50M
YoY Change 0.87% 5.83% 98.28%
Pretax Income $43.10M $266.7M $45.10M
YoY Change -4.43% 3.43% 51.85%
Income Tax $5.500M $28.70M -$2.000M
% Of Pretax Income 12.76% 10.76% -4.43%
Net Earnings $37.50M $237.4M $47.10M
YoY Change -20.38% 1.96% 80.46%
Net Earnings / Revenue 11.88% 17.58% 16.09%
Basic Earnings Per Share $4.70
Diluted Earnings Per Share $741.1K $4.69 $930.8K
COMMON SHARES
Basic Shares Outstanding 50.46M shares 50.54M shares 50.40M shares
Diluted Shares Outstanding 50.57M shares

Balance Sheet

Concept 2020 Q4 2020 2019 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $300.1M $300.1M $217.3M
YoY Change 38.1% 38.1% -18.77%
Cash & Equivalents $275.1M $275.1M $217.3M
Short-Term Investments $25.00M $25.00M
Other Short-Term Assets $1.995M $158.1M $405.0K
YoY Change 392.59% 13.58% -88.92%
Inventory $96.60M $96.60M $114.1M
Prepaid Expenses $20.18M $17.64M
Receivables $72.83M $72.80M $72.68M
Other Receivables $14.90M $14.90M $21.90M
Total Short-Term Assets $642.4M $642.4M $565.1M
YoY Change 13.67% 13.68% -5.44%
LONG-TERM ASSETS
Property, Plant & Equipment $4.710B $4.710B $4.531B
YoY Change 3.93% 3.93% 3.09%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $10.66M $126.9M $11.10M
YoY Change -3.96% 29.23% -2.32%
Other Assets $58.52M $1.616B $61.03M
YoY Change -4.12% 11.75% -2.95%
Total Long-Term Assets $6.453B $6.453B $6.076B
YoY Change 6.2% 6.2% 5.03%
TOTAL ASSETS
Total Short-Term Assets $642.4M $642.4M $565.1M
Total Long-Term Assets $6.453B $6.453B $6.076B
Total Assets $7.095B $7.095B $6.641B
YoY Change 6.84% 6.84% 4.05%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $120.6M $120.6M $110.7M
YoY Change 8.88% 8.94% -0.07%
Accrued Expenses $76.30M $76.30M $73.50M
YoY Change 3.81% 3.81% -6.61%
Deferred Revenue $29.34M $28.45M
YoY Change 3.12%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00 $100.0M
YoY Change -100.0% -100.0%
Total Short-Term Liabilities $287.6M $287.6M $374.9M
YoY Change -23.29% -23.29% 44.96%
LONG-TERM LIABILITIES
Long-Term Debt $2.000B $2.000B $1.737B
YoY Change 15.19% 15.18% -5.35%
Other Long-Term Liabilities $48.75M $1.441B $45.13M
YoY Change 8.02% 9.73% 4.43%
Total Long-Term Liabilities $2.241B $3.441B $2.059B
YoY Change 8.82% 12.83% 7.61%
TOTAL LIABILITIES
Total Short-Term Liabilities $287.6M $287.6M $374.9M
Total Long-Term Liabilities $2.241B $3.441B $2.059B
Total Liabilities $2.528B $4.535B $2.434B
YoY Change 3.88% 8.59% 12.05%
SHAREHOLDERS EQUITY
Retained Earnings $1.734B $1.635B
YoY Change 6.09% 6.72%
Common Stock $869.2M $868.3M
YoY Change 0.11% 0.55%
Preferred Stock
YoY Change
Treasury Stock (at cost) $0.00 $1.920M
YoY Change -100.0% -0.62%
Treasury Stock Shares 0.000 shares 21.97K shares
Shareholders Equity $2.560B $2.560B $2.465B
YoY Change
Total Liabilities & Shareholders Equity $7.095B $7.095B $6.641B
YoY Change 6.84% 6.84% 4.05%

Cashflow Statement

Concept 2020 Q4 2020 2019 Q4
OPERATING ACTIVITIES
Net Income $37.50M $237.4M $47.10M
YoY Change -20.38% 1.96% 80.46%
Depreciation, Depletion And Amortization $43.90M $175.9M $44.40M
YoY Change -1.13% 1.23% 3.02%
Cash From Operating Activities $104.1M $388.1M $79.60M
YoY Change 30.78% 5.87% -36.67%
INVESTING ACTIVITIES
Capital Expenditures -$97.50M $310.9M -$79.80M
YoY Change 22.18% 11.57% -0.13%
Acquisitions
YoY Change
Other Investing Activities -$7.600M -$6.335M -$8.100M
YoY Change -6.17% 48.22% 3.85%
Cash From Investing Activities -$105.2M -$347.3M -$87.90M
YoY Change 19.68% 23.8% 0.23%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $4.641M
YoY Change 11.56%
Debt Paid & Issued, Net $175.0M
YoY Change 5.36%
Cash From Financing Activities -35.80M $16.99M -35.00M
YoY Change 2.29% -112.46% 10.41%
NET CHANGE
Cash From Operating Activities 104.1M $388.1M 79.60M
Cash From Investing Activities -105.2M -$347.3M -87.90M
Cash From Financing Activities -35.80M $16.99M -35.00M
Net Change In Cash -36.90M $57.86M -43.30M
YoY Change -14.78% -215.18% -787.3%
FREE CASH FLOW
Cash From Operating Activities $104.1M $388.1M $79.60M
Capital Expenditures -$97.50M $310.9M -$79.80M
Free Cash Flow $201.6M $77.19M $159.4M
YoY Change 26.47% -12.2% -22.47%

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Assets
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CY2019Q4 us-gaap Retained Earnings Accumulated Deficit
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1634525000 USD
CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1531543000 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
CY2020 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
7074000 USD
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
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-43358000 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
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
CY2020 us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
1920000 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
CY2020 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
0 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
CY2020Q4 us-gaap Treasury Stock Value
TreasuryStockValue
0 USD
CY2019Q4 us-gaap Treasury Stock Value
TreasuryStockValue
1920000 USD
CY2018Q4 us-gaap Treasury Stock Value
TreasuryStockValue
1932000 USD
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
2559980000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
2464628000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
2370360000 USD
CY2019Q4 us-gaap Minority Interest
MinorityInterest
5925000 USD
CY2018Q4 us-gaap Minority Interest
MinorityInterest
5451000 USD
CY2017Q4 us-gaap Minority Interest
MinorityInterest
4729000 USD
CY2020 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
551000 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
CY2020Q4 us-gaap Minority Interest
MinorityInterest
6476000 USD
CY2019Q4 us-gaap Minority Interest
MinorityInterest
5925000 USD
CY2018Q4 us-gaap Minority Interest
MinorityInterest
5451000 USD
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2566456000 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
CY2020 ida Income Tax Reconciliation Capitalized Interest
IncomeTaxReconciliationCapitalizedInterest
1044000 USD
CY2019 ida Income Tax Reconciliation Capitalized Interest
IncomeTaxReconciliationCapitalizedInterest
976000 USD
CY2020 us-gaap Nature Of Operations
NatureOfOperations
<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Nature of Business</span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%"> </span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%"> </span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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>
CY2020 us-gaap Use Of Estimates
UseOfEstimates
<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Management Estimates</span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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>
CY2020Q4 ida Late Payment Fee Customer Billings
LatePaymentFeeCustomerBillings
0.01
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1401000 USD
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1725000 USD
CY2020 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
5222000 USD
CY2019 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2250000 USD
CY2020 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
1857000 USD
CY2019 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
2574000 USD
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
4766000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1401000 USD
CY2020Q4 ida Allowance For Uncollectible Accounts As A Percentage Of Customer Receivables
AllowanceForUncollectibleAccountsAsAPercentageOfCustomerReceivables
0.061
CY2019Q4 ida Allowance For Uncollectible Accounts As A Percentage Of Customer Receivables
AllowanceForUncollectibleAccountsAsAPercentageOfCustomerReceivables
0.019
CY2020 ida Impairment Of Receivables
ImpairmentOfReceivables
0 USD
CY2019 us-gaap Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfDeferredTaxAssetLiability
0 USD
CY2018 us-gaap Public Utilities Property Plant And Equipment Disclosure Of Composite Depreciation Rate For Plants In Service
PublicUtilitiesPropertyPlantAndEquipmentDisclosureOfCompositeDepreciationRateForPlantsInService
0.028
CY2020 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 USD
CY2020 us-gaap Public Utilities Allowance For Funds Used During Construction Rate
PublicUtilitiesAllowanceForFundsUsedDuringConstructionRate
0.075
CY2020 us-gaap Reclassifications
Reclassifications
<div><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Reclassifications</span></div><div><span><br/></span></div><div><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Idaho Power changed the presentation of its consolidated statements of income and consolidated balance sheets from a utility format to a traditional format. The changes revised the order of certain line items and did not result in any material changes in classification of amounts between line items.</span></div><div><span><br/></span></div><div><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On the Idaho Power consolidated balance sheet at December 31, 2019, $3.7 million which had previously been reported within "Investments and other property" was reclassified to be reported on a new line titled, "Other property."</span></div><div><span><br/></span></div><div><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In the consolidated statements of income, certain amounts in prior periods' consolidated statements of income have been reclassified to conform with current period presentation. On IDACORP's and Idaho Power's consolidated statements of income for the year ended December 31, 2019, $2.0 million that had previously been reported as "Other" within "Operating Expenses" and "Other expense, net" within "Other Income (Expense)" respectively, were reclassified to "Other electric utility operating expenses" and "Other operating expenses" within "Operating Expenses," respectively. On IDACORP's and Idaho Power's consolidated statements of income for the year ended December 31, 2018, $2.1 million that had previously been reported as "Other" within "Operating Expenses" and "Other expense, net" within "Other Income (Expense)," respectively, were reclassified to "Other electric utility operating expenses" and "Other operating expenses" within "Operating Expenses," respectively. </span></div>In addition, certain other immaterial amounts in prior periods' consolidated financial statements have been reclassified to conform with current period presentation.
CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
55885000 USD
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
CY2020 ida Income Tax Reconciliation Afudc
IncomeTaxReconciliationAfudc
-8637000 USD
CY2019 ida Income Tax Reconciliation Afudc
IncomeTaxReconciliationAfudc
-7941000 USD
CY2018 ida Income Tax Reconciliation Afudc
IncomeTaxReconciliationAfudc
-7246000 USD
CY2018 ida Income Tax Reconciliation Capitalized Interest
IncomeTaxReconciliationCapitalizedInterest
928000 USD
CY2020 us-gaap Income Tax Reconciliation Tax Credits Investment
IncomeTaxReconciliationTaxCreditsInvestment
2906000 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
CY2020 ida Effective Income Tax Rate Reconciliation Removal Costs
EffectiveIncomeTaxRateReconciliationRemovalCosts
-3148000 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
CY2020 ida Income Tax Reconciliation Capitalized Overhead Costs
IncomeTaxReconciliationCapitalizedOverheadCosts
-7560000 USD
CY2019 ida Income Tax Reconciliation Capitalized Overhead Costs
IncomeTaxReconciliationCapitalizedOverheadCosts
-7140000 USD
CY2018 ida Income Tax Reconciliation Capitalized Overhead Costs
IncomeTaxReconciliationCapitalizedOverheadCosts
-6720000 USD
CY2020 ida Income Tax Reconciliation Capitalized Repair Costs
IncomeTaxReconciliationCapitalizedRepairCosts
-18480000 USD
CY2019 ida Income Tax Reconciliation Capitalized Repair Costs
IncomeTaxReconciliationCapitalizedRepairCosts
-18480000 USD
CY2018 ida Income Tax Reconciliation Capitalized Repair Costs
IncomeTaxReconciliationCapitalizedRepairCosts
-17850000 USD
CY2020 us-gaap Income Tax Reconciliation Deductions
IncomeTaxReconciliationDeductions
726000 USD
CY2019 us-gaap Income Tax Reconciliation Deductions
IncomeTaxReconciliationDeductions
0 USD
CY2018 us-gaap Income Tax Reconciliation Deductions
IncomeTaxReconciliationDeductions
1029000 USD
CY2020 us-gaap Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfDeferredTaxAssetLiability
0 USD
CY2018 us-gaap Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfDeferredTaxAssetLiability
-5411000 USD
CY2020 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
8804000 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
CY2020 us-gaap Income Tax Reconciliation Nondeductible Expense Depreciation
IncomeTaxReconciliationNondeductibleExpenseDepreciation
13589000 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
CY2020 ida Excessdeferredincometaxreversal
Excessdeferredincometaxreversal
-4885000 USD
CY2019 ida Excessdeferredincometaxreversal
Excessdeferredincometaxreversal
-6181000 USD
CY2018 ida Excessdeferredincometaxreversal
Excessdeferredincometaxreversal
-7289000 USD
CY2020 ida Incometaxreturnadjustments
Incometaxreturnadjustments
-2552000 USD
CY2019 ida Incometaxreturnadjustments
Incometaxreturnadjustments
745000 USD
CY2018 ida Incometaxreturnadjustments
Incometaxreturnadjustments
-5076000 USD
CY2020 us-gaap Income Tax Reconciliation Tax Credits Other
IncomeTaxReconciliationTaxCreditsOther
5315000 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
CY2020 ida Effective Income Tax Rate Reconciliation Affordable Housing Investment Distribution
EffectiveIncomeTaxRateReconciliationAffordableHousingInvestmentDistribution
-13000 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
CY2020 ida Effective Income Tax Rate Reconciliation Affordable Housing Investment Amortization
EffectiveIncomeTaxRateReconciliationAffordableHousingInvestmentAmortization
3754000 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
CY2020 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-154000 USD
CY2019 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-1114000 USD
CY2018 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
1886000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
28700000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
24507000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
17386000 USD
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.108
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.095
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.071
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
7800000 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
8830000 USD
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
5390000 USD
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
3215000 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
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
11015000 USD
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
13695000 USD
CY2018 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
8718000 USD
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
11543000 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
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-1414000 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
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
10129000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
10645000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1679000 USD
CY2020 ida Deferred Investment Tax Credit
DeferredInvestmentTaxCredit
5727000 USD
CY2019 ida Deferred Investment Tax Credit
DeferredInvestmentTaxCredit
8268000 USD
CY2018 ida Deferred Investment Tax Credit
DeferredInvestmentTaxCredit
8334000 USD
CY2020 ida Restored Investment Tax Credit
RestoredInvestmentTaxCredit
2906000 USD
CY2019 ida Restored Investment Tax Credit
RestoredInvestmentTaxCredit
6252000 USD
CY2018 ida Restored Investment Tax Credit
RestoredInvestmentTaxCredit
2929000 USD
CY2020 us-gaap Investment Tax Credit
InvestmentTaxCredit
2821000 USD
CY2019 us-gaap Investment Tax Credit
InvestmentTaxCredit
2016000 USD
CY2018 us-gaap Investment Tax Credit
InvestmentTaxCredit
5405000 USD
CY2020 us-gaap Other Tax Expense Benefit
OtherTaxExpenseBenefit
4735000 USD
CY2019 us-gaap Other Tax Expense Benefit
OtherTaxExpenseBenefit
-1849000 USD
CY2018 us-gaap Other Tax Expense Benefit
OtherTaxExpenseBenefit
1584000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
28700000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
24507000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
17386000 USD
CY2020Q4 us-gaap Deferred Tax Assets Regulatory Assets And Liabilities
DeferredTaxAssetsRegulatoryAssetsAndLiabilities
95883000 USD
CY2019Q4 us-gaap Deferred Tax Assets Regulatory Assets And Liabilities
DeferredTaxAssetsRegulatoryAssetsAndLiabilities
96599000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
61707000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
22576000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
21946000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Other
DeferredTaxAssetsTaxDeferredExpenseOther
43525000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Other
DeferredTaxAssetsTaxDeferredExpenseOther
39039000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
76125000 USD
CY2020Q4 us-gaap Deferred Tax Assets Equity Method Investments
DeferredTaxAssetsEquityMethodInvestments
10189000 USD
CY2019Q4 us-gaap Deferred Tax Assets Equity Method Investments
DeferredTaxAssetsEquityMethodInvestments
7911000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
142864000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
114124000 USD
CY2020Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
15005000 USD
CY2019Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
11347000 USD
CY2020Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
391749000 USD
CY2019Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
367091000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
282983000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
286583000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Regulatory Assets And Liabilities
DeferredTaxLiabilitiesRegulatoryAssetsAndLiabilities
687628000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Regulatory Assets And Liabilities
DeferredTaxLiabilitiesRegulatoryAssetsAndLiabilities
646886000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Investment In Noncontrolled Affiliates
DeferredTaxLiabilitiesInvestmentInNoncontrolledAffiliates
3257000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Investment In Noncontrolled Affiliates
DeferredTaxLiabilitiesInvestmentInNoncontrolledAffiliates
3565000 USD
CY2020Q4 ida Deferred Tax Liabilities Prepaid Pension Cost
DeferredTaxLiabilitiesPrepaidPensionCost
164399000 USD
CY2019Q4 ida Deferred Tax Liabilities Prepaid Pension Cost
DeferredTaxLiabilitiesPrepaidPensionCost
132764000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
53733000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
43524000 USD
CY2020Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
1192000000 USD
CY2019Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
1113322000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
800251000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
746231000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 USD
CY2020Q4 us-gaap Regulatory Assets
RegulatoryAssets
1558895000 USD
CY2019Q4 us-gaap Regulatory Assets
RegulatoryAssets
1383059000 USD
CY2020Q4 us-gaap Regulatory Liabilities
RegulatoryLiabilities
768834000 USD
CY2019Q4 us-gaap Regulatory Liabilities
RegulatoryLiabilities
782185000 USD
CY2020Q2 ida Annualfixedcostadjustmentmechanismdeferral
Annualfixedcostadjustmentmechanismdeferral
35500000 USD
CY2019Q2 ida Annualfixedcostadjustmentmechanismdeferral
Annualfixedcostadjustmentmechanismdeferral
34800000 USD
CY2018Q2 ida Annualfixedcostadjustmentmechanismdeferral
Annualfixedcostadjustmentmechanismdeferral
15600000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1286637000 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
CY2020 us-gaap Regulated Operating Revenue Other
RegulatedOperatingRevenueOther
60703000 USD
CY2019 us-gaap Regulated Operating Revenue Other
RegulatedOperatingRevenueOther
57654000 USD
CY2018 us-gaap Regulated Operating Revenue Other
RegulatedOperatingRevenueOther
54470000 USD
CY2020 us-gaap Regulated Operating Revenue Electric Non Nuclear
RegulatedOperatingRevenueElectricNonNuclear
1347340000 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
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CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
75030 shares
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
70419 shares
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ShareBasedGoodsAndNonemployeeServicesTransactionQuantityOfSecuritiesIssued
10296 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
CY2020 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
8938 shares
CY2019 us-gaap Stock Issued During Period Shares New Issues
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0 shares
CY2020 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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0 USD
CY2020 us-gaap Net Income Loss
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237417000 USD
CY2019 us-gaap Net Income Loss
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232854000 USD
CY2018 us-gaap Net Income Loss
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CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
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50538000 shares
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
CY2020 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
34000 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
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50572000 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
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.70
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.61
CY2018 us-gaap Earnings Per Share Basic
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4.50
CY2020 us-gaap Earnings Per Share Diluted
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CY2019 us-gaap Earnings Per Share Diluted
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CY2018 us-gaap Earnings Per Share Diluted
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CY2020 us-gaap Guarantees Indemnifications And Warranties Policies
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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 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 December 31, 2020, 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.
CY2020 ida Fair Value All Levels Transfers Amount
FairValueAllLevelsTransfersAmount
0 USD
CY2020 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
7900000 USD
CY2019 us-gaap Defined Benefit Plan Contributions By Employer
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7700000 USD
CY2018 us-gaap Defined Benefit Plan Contributions By Employer
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7700000 USD
CY2020Q4 us-gaap Public Utilities Property Plant And Equipment Generation Or Processing
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2529708000 USD
CY2019Q4 us-gaap Public Utilities Property Plant And Equipment Generation Or Processing
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2535938000 USD
CY2020Q4 us-gaap Public Utilities Property Plant And Equipment Transmission
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1272360000 USD
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1220703000 USD
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1968752000 USD
CY2019Q4 us-gaap Public Utilities Property Plant And Equipment Distribution
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1882136000 USD
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512970000 USD
CY2019Q4 us-gaap Public Utilities Property Plant And Equipment Other Property Plant And Equipment
PublicUtilitiesPropertyPlantAndEquipmentOtherPropertyPlantAndEquipment
474790000 USD
CY2020Q4 us-gaap Public Utilities Property Plant And Equipment Plant In Service
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6283790000 USD
CY2020 us-gaap Public Utilities Property Plant And Equipment Disclosure Of Composite Depreciation Rate For Plants In Service
PublicUtilitiesPropertyPlantAndEquipmentDisclosureOfCompositeDepreciationRateForPlantsInService
0.0288
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
CY2020Q4 us-gaap Public Utilities Property Plant And Equipment Accumulated Depreciation
PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation
2193831000 USD
CY2019Q4 us-gaap Public Utilities Property Plant And Equipment Accumulated Depreciation
PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation
2155783000 USD
CY2020Q4 us-gaap Public Utilities Property Plant And Equipment Net
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4089959000 USD
CY2019Q4 us-gaap Public Utilities Property Plant And Equipment Net
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CY2019Q4 us-gaap Asset Retirement Obligation
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28191000 USD
CY2018Q4 us-gaap Asset Retirement Obligation
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26792000 USD
CY2020 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
1053000 USD
CY2019 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
1115000 USD
CY2020 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
193000 USD
CY2019 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
365000 USD
CY2020 us-gaap Asset Retirement Obligation Liabilities Settled
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1746000 USD
CY2019 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
81000 USD
CY2020Q4 us-gaap Asset Retirement Obligation
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27691000 USD
CY2019Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
28191000 USD
CY2020Q4 us-gaap Real Estate Investments Unconsolidated Real Estate And Other Joint Ventures
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28438000 USD
CY2019Q4 us-gaap Real Estate Investments Unconsolidated Real Estate And Other Joint Ventures
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3665000 USD
CY2020Q4 us-gaap Equity Method Investments
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10662000 USD
CY2019Q4 us-gaap Equity Method Investments
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11102000 USD
CY2020Q4 us-gaap Investments
Investments
126948000 USD
CY2019Q4 us-gaap Investments
Investments
98218000 USD
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11513000 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
CY2020 us-gaap Derivatives Methods Of Accounting Nonhedging Derivatives
DerivativesMethodsOfAccountingNonhedgingDerivatives
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 <div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </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).
CY2020 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.
CY2020Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
144000 USD
CY2020Q4 us-gaap Derivative Fair Value Of Derivative Asset
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2263000 USD
CY2020Q4 us-gaap Derivative Asset Fair Value Gross Liability
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268000 USD
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DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
1995000 USD
CY2020Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
893000 USD
CY2020Q4 us-gaap Derivative Liability Fair Value Gross Asset
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749000 USD
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
CY2020Q4 us-gaap Derivative Net Liability Position Aggregate Fair Value
DerivativeNetLiabilityPositionAggregateFairValue
900000 USD
CY2020Q4 us-gaap Collateral Already Posted Aggregate Fair Value
CollateralAlreadyPostedAggregateFairValue
500000 USD
CY2019 ida Fair Value All Levels Transfers Amount
FairValueAllLevelsTransfersAmount
0 USD
CY2020Q4 us-gaap Additional Collateral Aggregate Fair Value
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6600000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
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56048000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
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64173000 USD
CY2020Q4 us-gaap Derivative Assets
DerivativeAssets
1995000 USD
CY2019Q4 us-gaap Derivative Assets
DerivativeAssets
405000 USD
CY2020Q4 us-gaap Equity Securities Fv Ni
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50733000 USD
CY2019Q4 us-gaap Equity Securities Fv Ni
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42738000 USD
CY2020Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
144000 USD
CY2019Q4 us-gaap Derivative Liabilities
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846000 USD
CY2019 us-gaap Interest Expense
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86475000 USD
CY2020 us-gaap Regulated And Unregulated Operating Revenue
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1350729000 USD
CY2020 us-gaap Operating Income Loss
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309521000 USD
CY2020 ida Other Income Net
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22547000 USD
CY2020 us-gaap Other Interest And Dividend Income
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10512000 USD
CY2020 us-gaap Income Loss From Equity Method Investments
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11513000 USD
CY2020 us-gaap Interest Expense
InterestExpense
87426000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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266668000 USD
CY2020 us-gaap Income Tax Expense Benefit
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CY2020 us-gaap Net Income Loss
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CY2020Q4 us-gaap Assets
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CY2020 us-gaap Payments To Acquire Property Plant And Equipment
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310938000 USD
CY2019 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
1346383000 USD
CY2019 us-gaap Operating Income Loss
OperatingIncomeLoss
298326000 USD
CY2019 ida Other Income Net
OtherIncomeNet
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
CY2019Q4 us-gaap Assets
Assets
6641201000 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
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278705000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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257835000 USD
CY2019 us-gaap Income Tax Expense Benefit
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24507000 USD
CY2019 us-gaap Net Income Loss
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232854000 USD
CY2018 us-gaap Regulated And Unregulated Operating Revenue
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1370752000 USD
CY2018 us-gaap Operating Income Loss
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296922000 USD
CY2018 ida Other Income Net
OtherIncomeNet
11645000 USD
CY2018 us-gaap Other Interest And Dividend Income
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9841000 USD
CY2018 us-gaap Income Loss From Equity Method Investments
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12449000 USD
CY2018 us-gaap Interest Expense
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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
CY2020 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
3813000 USD
CY2019 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
8181000 USD
CY2018 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
5605000 USD
CY2020 us-gaap Interest Income Other
InterestIncomeOther
7063000 USD
CY2019 us-gaap Interest Income Other
InterestIncomeOther
5494000 USD
CY2018 us-gaap Interest Income Other
InterestIncomeOther
4075000 USD
CY2020 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
11865000 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
CY2020 us-gaap Insured Event Gain Loss
InsuredEventGainLoss
4036000 USD
CY2019 us-gaap Insured Event Gain Loss
InsuredEventGainLoss
4104000 USD
CY2018 us-gaap Insured Event Gain Loss
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2779000 USD
CY2020 us-gaap Other Nonoperating Expense
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-462000 USD
CY2019 us-gaap Other Nonoperating Expense
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-301000 USD
CY2018 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
455000 USD
CY2020 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3509000 USD
CY2019 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
6502000 USD
CY2018 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-2867000 USD
CY2020 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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-2988000 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

Files In Submission

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