2019 Q4 Form 10-K Financial Statement

#000173399820000006 Filed on March 02, 2020

View on sec.gov

Income Statement

Concept 2019 Q4 2019 2018 Q4
Revenue $247.3M $746.4M $226.7M
YoY Change 9.07% 5.7% -5.0%
Cost Of Revenue $110.8M $303.1M $112.2M
YoY Change -1.25% 3.45% 21.82%
Gross Profit $136.5M $443.3M $114.5M
YoY Change 19.21% 7.31% -21.84%
Gross Profit Margin 55.2% 59.39% 50.51%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $24.20M $91.50M $21.70M
YoY Change 11.52% 7.39% 26.16%
% of Gross Profit 17.73% 20.64% 18.95%
Operating Expenses $84.20M $602.9M $75.20M
YoY Change 11.97% 5.04% -3.34%
Operating Profit $52.30M $143.5M $39.30M
YoY Change 33.08% 8.56% -42.79%
Interest Expense -$2.200M -$42.69M $13.00M
YoY Change -116.92% 15.18% -172.22%
% of Operating Profit -4.21% -29.75% 33.08%
Other Income/Expense, Net -$4.100M -$22.84M -$2.500M
YoY Change 64.0% 534.16% -933.33%
Pretax Income $46.00M $77.95M $49.80M
YoY Change -7.63% -14.81% -2.35%
Income Tax $7.700M $12.64M $13.00M
% Of Pretax Income 16.74% 16.22% 26.1%
Net Earnings $36.74M $61.74M $35.82M
YoY Change 2.56% -4.39% -139.73%
Net Earnings / Revenue 14.86% 8.27% 15.8%
Basic Earnings Per Share $1.21 $2.07 $1.24
Diluted Earnings Per Share $1.20 $2.07 $1.24
COMMON SHARES
Basic Shares Outstanding 30.45M shares 29.79M shares 28.85M shares
Diluted Shares Outstanding 30.52M shares 29.86M shares 28.94M shares

Balance Sheet

Concept 2019 Q4 2019 2018 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $9.600M $9.600M $12.60M
YoY Change -23.81% -23.81% 260.0%
Cash & Equivalents $9.648M $9.600M $12.63M
Short-Term Investments
Other Short-Term Assets $38.00M $158.1M $28.47M
YoY Change 33.48% 5.05% 14.12%
Inventory $59.30M $59.30M $60.80M
Prepaid Expenses
Receivables $66.50M $66.50M $66.00M
Other Receivables $200.0K $200.0K $6.000M
Total Short-Term Assets $293.7M $293.7M $295.9M
YoY Change -0.75% -0.74% 9.63%
LONG-TERM ASSETS
Property, Plant & Equipment $2.439B $2.588B $2.421B
YoY Change 0.72% 6.89% 7.9%
Goodwill $49.90M $9.000M
YoY Change 454.44%
Intangibles
YoY Change
Long-Term Investments $13.47M $63.30M $13.57M
YoY Change -0.73% -0.47% -0.72%
Other Assets $38.46M $433.3M $14.15M
YoY Change 171.85% -4.33% 117.51%
Total Long-Term Assets $3.135B $3.135B $2.947B
YoY Change 6.38% 6.38% 6.39%
TOTAL ASSETS
Total Short-Term Assets $293.7M $293.7M $295.9M
Total Long-Term Assets $3.135B $3.135B $2.947B
Total Assets $3.428B $3.429B $3.243B
YoY Change 5.73% 5.73% 6.68%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $113.4M $113.4M $115.9M
YoY Change -2.16% -2.16% 4.37%
Accrued Expenses $9.600M $9.600M $7.300M
YoY Change 31.51% 31.51% 7.35%
Deferred Revenue
YoY Change
Short-Term Debt $149.1M $149.1M $217.6M
YoY Change -31.48% -31.48% 301.48%
Long-Term Debt Due $75.11M $75.10M $29.99M
YoY Change 150.46% 150.33% -68.99%
Total Short-Term Liabilities $482.2M $482.2M $509.1M
YoY Change -5.29% -5.28% 33.32%
LONG-TERM LIABILITIES
Long-Term Debt $806.0M $806.0M $706.2M
YoY Change 14.12% 14.13% 3.38%
Other Long-Term Liabilities $123.4M $978.7M $147.8M
YoY Change -16.5% -0.56% 9.22%
Total Long-Term Liabilities $929.3M $1.785B $854.0M
YoY Change 8.82% 5.58% 4.34%
TOTAL LIABILITIES
Total Short-Term Liabilities $482.2M $482.2M $509.1M
Total Long-Term Liabilities $929.3M $1.785B $854.0M
Total Liabilities $1.412B $2.563B $1.363B
YoY Change 3.55% 3.33% 13.56%
SHAREHOLDERS EQUITY
Retained Earnings $318.5M $312.2M
YoY Change 2.01% 3.25%
Common Stock $558.3M $457.6M
YoY Change 21.99% 1.95%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $866.0M $866.0M $762.6M
YoY Change
Total Liabilities & Shareholders Equity $3.428B $3.429B $3.243B
YoY Change 5.73% 5.73% 6.68%

Cashflow Statement

Concept 2019 Q4 2019 2018 Q4
OPERATING ACTIVITIES
Net Income $36.74M $61.74M $35.82M
YoY Change 2.56% -4.39% -139.73%
Depreciation, Depletion And Amortization $24.20M $91.50M $21.70M
YoY Change 11.52% 7.39% 26.16%
Cash From Operating Activities $30.00M $186.0M $10.30M
YoY Change 191.26% 10.22% -25.36%
INVESTING ACTIVITIES
Capital Expenditures -$70.50M $223.5M -$55.80M
YoY Change 26.34% 4.12% -17.82%
Acquisitions $56.79M
YoY Change 6404.7%
Other Investing Activities -$8.000M $3.544M -$500.0K
YoY Change 1500.0% -349.4% -266.67%
Cash From Investing Activities -$78.50M -$303.8M -$56.40M
YoY Change 39.18% 39.7% -16.57%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net -$92.96M
YoY Change
Debt Paid & Issued, Net $30.00M
YoY Change -69.07%
Cash From Financing Activities 47.60M $115.5M 28.80M
YoY Change 65.28% 99.67% -30.43%
NET CHANGE
Cash From Operating Activities 30.00M $186.0M 10.30M
Cash From Investing Activities -78.50M -$303.8M -56.40M
Cash From Financing Activities 47.60M $115.5M 28.80M
Net Change In Cash -900.0K -$2.270M -17.30M
YoY Change -94.8% -124.78% 39.52%
FREE CASH FLOW
Cash From Operating Activities $30.00M $186.0M $10.30M
Capital Expenditures -$70.50M $223.5M -$55.80M
Free Cash Flow $100.5M -$37.46M $66.10M
YoY Change 52.04% -18.33% -19.09%

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CY2019Q4 us-gaap Assets
Assets
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CY2018Q4 us-gaap Assets
Assets
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CY2018Q4 us-gaap Long Term Debt Current
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CY2018Q4 us-gaap Accrued Income Taxes Current
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InterestPayableCurrent
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CY2018Q4 us-gaap Interest Payable Current
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CY2018Q4 us-gaap Regulatory Liability Current
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2000000 USD
CY2018Q4 us-gaap Derivative Liabilities Current
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12381000 USD
CY2019Q4 us-gaap Operating Lease Liability Current
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CY2018Q4 us-gaap Operating Lease Liability Current
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CY2019Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
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CY2018Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
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CY2019Q4 us-gaap Liabilities Current
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CY2018Q4 us-gaap Liabilities Current
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CY2019Q4 us-gaap Long Term Debt Noncurrent
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CY2018Q4 us-gaap Long Term Debt Noncurrent
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CY2019Q4 us-gaap Deferred Tax Liabilities Noncurrent
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CY2018Q4 us-gaap Deferred Tax Liabilities Noncurrent
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280463000 USD
CY2019Q4 us-gaap Regulatory Liability Noncurrent
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625717000 USD
CY2018Q4 us-gaap Regulatory Liability Noncurrent
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PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
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CY2018Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
221886000 USD
CY2019Q4 us-gaap Derivative Liabilities Noncurrent
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609000 USD
CY2018Q4 us-gaap Derivative Liabilities Noncurrent
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3025000 USD
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
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841000 USD
CY2018Q4 us-gaap Operating Lease Liability Noncurrent
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CY2019Q4 us-gaap Other Liabilities Noncurrent
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123388000 USD
CY2018Q4 us-gaap Other Liabilities Noncurrent
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CY2019Q4 us-gaap Deferred Credits And Other Liabilities Noncurrent
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CY2018Q4 us-gaap Deferred Credits And Other Liabilities Noncurrent
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CY2018Q4 us-gaap Commitments And Contingencies
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CY2019Q4 us-gaap Common Stock Value
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CY2018Q4 us-gaap Common Stock Value
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CY2019Q4 us-gaap Retained Earnings Accumulated Deficit
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CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
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CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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CY2019Q4 us-gaap Stockholders Equity
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CY2018Q4 us-gaap Stockholders Equity
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CY2019Q4 us-gaap Liabilities And Stockholders Equity
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3428454000 USD
CY2018Q4 us-gaap Liabilities And Stockholders Equity
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CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2017 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2017 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
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CY2017 us-gaap Stock Granted During Period Value Sharebased Compensation
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CY2017 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
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CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2018 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2018 us-gaap Dividends Common Stock Cash
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CY2018 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
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CY2018 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
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CY2018 us-gaap Stock Repurchased During Period Value
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CY2018 us-gaap Business Combination Consideration Transferred Equity Interests Issued And Issuable
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CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2019 us-gaap Comprehensive Income Net Of Tax
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CY2019 us-gaap Net Income Loss
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CY2018 us-gaap Net Income Loss
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CY2019 us-gaap Depreciation And Amortization
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CY2019 us-gaap Dividends Common Stock Cash
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CY2019 us-gaap Stock Granted During Period Value Sharebased Compensation
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CY2019 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
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CY2019 us-gaap Stock Issued During Period Value New Issues
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CY2019 nwn Stranded Deferred Tax Remeasurement Benefit
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CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2018 us-gaap Depreciation And Amortization
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85156000 USD
CY2017 us-gaap Depreciation And Amortization
DepreciationAndAmortization
81053000 USD
CY2019 us-gaap Amortization Of Regulatory Asset
AmortizationOfRegulatoryAsset
19172000 USD
CY2018 us-gaap Amortization Of Regulatory Asset
AmortizationOfRegulatoryAsset
16684000 USD
CY2017 us-gaap Amortization Of Regulatory Asset
AmortizationOfRegulatoryAsset
16353000 USD
CY2019 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
6317000 USD
CY2018 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
14356000 USD
CY2017 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-52414000 USD
CY2019 us-gaap Pension Expense
PensionExpense
16497000 USD
CY2018 us-gaap Pension Expense
PensionExpense
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CY2017 us-gaap Pension Expense
PensionExpense
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CY2019 us-gaap Pension Contributions
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10970000 USD
CY2018 us-gaap Pension Contributions
PensionContributions
15540000 USD
CY2017 us-gaap Pension Contributions
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19430000 USD
CY2019 us-gaap Other Increase Decrease In Environmental Liabilities
OtherIncreaseDecreaseInEnvironmentalLiabilities
-16226000 USD
CY2018 us-gaap Other Increase Decrease In Environmental Liabilities
OtherIncreaseDecreaseInEnvironmentalLiabilities
-14528000 USD
CY2017 us-gaap Other Increase Decrease In Environmental Liabilities
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-13716000 USD
CY2019 us-gaap Environmental Remediation Expense
EnvironmentalRemediationExpense
12337000 USD
CY2018 us-gaap Environmental Remediation Expense
EnvironmentalRemediationExpense
11127000 USD
CY2017 us-gaap Environmental Remediation Expense
EnvironmentalRemediationExpense
15291000 USD
CY2019 us-gaap Increase Decrease In Regulatory Liabilities
IncreaseDecreaseInRegulatoryLiabilities
853000 USD
CY2018 us-gaap Increase Decrease In Regulatory Liabilities
IncreaseDecreaseInRegulatoryLiabilities
7929000 USD
CY2017 us-gaap Increase Decrease In Regulatory Liabilities
IncreaseDecreaseInRegulatoryLiabilities
0 USD
CY2019 us-gaap Pension Expense Reversal Of Expense Noncash
PensionExpenseReversalOfExpenseNoncash
10500000 USD
CY2018 us-gaap Pension Expense Reversal Of Expense Noncash
PensionExpenseReversalOfExpenseNoncash
0 USD
CY2017 us-gaap Pension Expense Reversal Of Expense Noncash
PensionExpenseReversalOfExpenseNoncash
0 USD
CY2019 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-13907000 USD
CY2018 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-1596000 USD
CY2017 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-2102000 USD
CY2019 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
-5844000 USD
CY2017 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
-3282000 USD
CY2019 us-gaap Increase Decrease In Inventories
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5969000 USD
CY2018 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-3207000 USD
CY2017 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-5600000 USD
CY2019 us-gaap Increase Decrease In Accrued Taxes Payable
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4528000 USD
CY2018 us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
-16904000 USD
CY2017 us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
6734000 USD
CY2019 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-16485000 USD
CY2018 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
16792000 USD
CY2018 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
-181000 USD
CY2017 us-gaap Increase Decrease In Accounts Payable
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1092000 USD
CY2019 us-gaap Increase Decrease In Interest Payable Net
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145000 USD
CY2018 us-gaap Increase Decrease In Interest Payable Net
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526000 USD
CY2017 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
807000 USD
CY2019 us-gaap Increase Decrease In Deferred Gas Cost
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23471000 USD
CY2018 us-gaap Increase Decrease In Deferred Gas Cost
IncreaseDecreaseInDeferredGasCost
14395000 USD
CY2017 us-gaap Increase Decrease In Deferred Gas Cost
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CY2019 us-gaap Increase Decrease In Regulatory Assets And Liabilities
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CY2018 us-gaap Increase Decrease In Regulatory Assets And Liabilities
IncreaseDecreaseInRegulatoryAssetsAndLiabilities
-4497000 USD
CY2017 us-gaap Increase Decrease In Regulatory Assets And Liabilities
IncreaseDecreaseInRegulatoryAssetsAndLiabilities
-4436000 USD
CY2019 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
4285000 USD
CY2018 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
3945000 USD
CY2017 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
8529000 USD
CY2019 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
712000 USD
CY2018 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
-645000 USD
CY2017 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
197180000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
185298000 USD
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
168771000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
206704000 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
223471000 USD
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
214636000 USD
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
213325000 USD
CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
56786000 USD
CY2018 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
873000 USD
CY2017 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2019 us-gaap Operating Lease Payments Use
OperatingLeasePaymentsUse
18812000 USD
CY2018 us-gaap Operating Lease Payments Use
OperatingLeasePaymentsUse
4415000 USD
CY2017 us-gaap Operating Lease Payments Use
OperatingLeasePaymentsUse
0 USD
CY2019 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
2885000 USD
CY2018 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
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CY2017 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
577000 USD
CY2019 us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
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CY2019 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2018 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2017 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
2034000 USD
CY2019 us-gaap Proceeds From Stock Options Exercised
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2015000 USD
CY2018 us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
573000 USD
CY2017 us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
-270000 USD
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-303781000 USD
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-217453000 USD
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2018 us-gaap Proceeds From Stock Options Exercised
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1546000 USD
CY2017 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
4819000 USD
CY2019 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
92956000 USD
CY2018 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
CY2017 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
CY2019 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
175000000 USD
CY2018 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
50000000 USD
CY2017 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
100000000 USD
CY2019 us-gaap Repayments Of Long Term Debt
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30000000 USD
CY2018 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
97000000 USD
CY2017 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
40000000 USD
CY2019 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
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CY2018 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
163274000 USD
CY2017 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
900000 USD
CY2019 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
53339000 USD
CY2018 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
51311000 USD
CY2017 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
53957000 USD
CY2019 nwn Paymentsforthe Repurchaseof Common Stock Relatedto Acquisitions
PaymentsfortheRepurchaseofCommonStockRelatedtoAcquisitions
0 USD
CY2018 nwn Paymentsforthe Repurchaseof Common Stock Relatedto Acquisitions
PaymentsfortheRepurchaseofCommonStockRelatedtoAcquisitions
7951000 USD
CY2017 nwn Paymentsforthe Repurchaseof Common Stock Relatedto Acquisitions
PaymentsfortheRepurchaseofCommonStockRelatedtoAcquisitions
0 USD
CY2019 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
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CY2018 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-715000 USD
CY2017 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-2309000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
115498000 USD
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
57843000 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
7419000 USD
CY2019 us-gaap Cash And Cash Equivalents Period Increase Decrease
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CY2018 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
9161000 USD
CY2017 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
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CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
12633000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3472000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3521000 USD
CY2018 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
27370000 USD
CY2017 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
14780000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
9648000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
12633000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3472000 USD
CY2019 us-gaap Interest Paid Net
InterestPaidNet
41231000 USD
CY2018 us-gaap Interest Paid Net
InterestPaidNet
35324000 USD
CY2017 us-gaap Interest Paid Net
InterestPaidNet
34787000 USD
CY2019 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-96000 USD
CY2019 us-gaap Use Of Estimates
UseOfEstimates
<div style="line-height:120%;text-align:left;font-size:9.5pt;"><span style="font-family:Arial;font-size:9.5pt;font-weight:bold;text-decoration:underline;">Use of Estimates</span><span style="font-family:Arial;font-size:9pt;"> </span></div><div style="line-height:120%;text-align:left;font-size:10pt;"><span style="font-family:Arial;font-size:9pt;">The preparation of financial statements in conformity with generally accepted accounting principles in the United States of America (U.S. GAAP) requires management to make estimates and assumptions that affect reported amounts in the consolidated financial statements and accompanying notes. Actual amounts could differ from those estimates, and changes would most likely be reported in future periods. Management believes the estimates and assumptions used are reasonable</span><span style="font-family:inherit;font-size:10pt;">.</span></div>
CY2019 nwn Weighted Average Depreciation Rates Transmission Distribution
WeightedAverageDepreciationRatesTransmissionDistribution
0.026
CY2019 nwn Weighted Average Depreciation Rates Utility Storage
WeightedAverageDepreciationRatesUtilityStorage
0.022
CY2019 nwn Weighted Average Depreciation Rates General Plant
WeightedAverageDepreciationRatesGeneralPlant
0.057
CY2019 nwn Weighted Average Depreciation Rates Intangible Other
WeightedAverageDepreciationRatesIntangibleOther
0.047
CY2019 us-gaap Public Utilities Allowance For Funds Used During Construction Rate
PublicUtilitiesAllowanceForFundsUsedDuringConstructionRate
0.039
CY2018 us-gaap Public Utilities Allowance For Funds Used During Construction Rate
PublicUtilitiesAllowanceForFundsUsedDuringConstructionRate
0.052
CY2017 us-gaap Public Utilities Allowance For Funds Used During Construction Rate
PublicUtilitiesAllowanceForFundsUsedDuringConstructionRate
0.055
CY2019Q4 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
56200000 USD
CY2018Q4 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
57800000 USD
CY2019Q4 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
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16500000 USD
CY2018Q4 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
14200000 USD
CY2019Q4 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0 USD
CY2019Q4 us-gaap Goodwill
Goodwill
49900000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
9000000.0 USD
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
29859000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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28873000 shares
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28803000 shares
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28669000 shares
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73000 shares
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70000 shares
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84000 shares
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2.19
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2.51
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2.19
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2.33
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2.34
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2.07
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2.51
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2.24
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13300000 USD
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13900000 USD
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2.07
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2.24
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0 shares
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2000 shares
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13000 shares
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100000000 shares
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1437500 shares
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67.00
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93000000.0 USD
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755987000 USD
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7800000 USD
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5300000 USD
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P30Y
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P50Y
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P30Y
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P50Y
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73400000 USD
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16000000.0 USD
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18200000 USD
CY2019Q4 us-gaap Revenue Remaining Performance Obligation
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14500000 USD
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11600000 USD
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171000 USD
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11198000 USD
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49000 USD
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45000 USD
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17071000 USD
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45000 USD
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16602000 USD
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45000 USD
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15912000 USD
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93000 USD
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342000 USD
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2155000 USD
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195000 USD
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88000 USD
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89000 USD
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526000 USD
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240000 USD
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312000 USD
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500000 USD
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7300000 USD
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5900000 USD
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575000 USD
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659000 USD
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1830000 USD
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1424000 USD
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430000 USD
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528000 USD
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P10D
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2800000 USD
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741813000 USD
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5712000 USD
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5577000 USD
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0.0650
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0.0350
CY2019Q4 us-gaap Defined Benefit Plan Health Care Cost Trend Rate Assumed Next Fiscal Year
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0.0650
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0.0475
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49000 USD
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44000 USD
CY2019 us-gaap Defined Benefit Plan Effect Of One Percentage Point Increase On Accumulated Postretirement Benefit Obligation
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710000 USD
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640000 USD
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19222000 USD
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CY2019 us-gaap Income Tax Reconciliation State And Local Income Taxes
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4422000 USD
CY2018 us-gaap Income Tax Reconciliation State And Local Income Taxes
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4927000 USD
CY2017 us-gaap Income Tax Reconciliation State And Local Income Taxes
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5066000 USD
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CY2018 nwn Differences Regulatory Commission
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1302000 USD
CY2017 nwn Differences Regulatory Commission
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2357000 USD
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0 USD
CY2018 us-gaap Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
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0 USD
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-3376000 USD
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0 USD
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-76000 USD
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0 USD
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CY2018 nwn Regulatory Settlement
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CY2017 nwn Regulatory Settlement
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0 USD
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CY2018 us-gaap Income Tax Reconciliation Other Adjustments
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-1184000 USD
CY2017 us-gaap Income Tax Reconciliation Other Adjustments
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-2617000 USD
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IncomeTaxExpenseBenefit
12642000 USD
CY2018 us-gaap Income Tax Expense Benefit
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24191000 USD
CY2017 us-gaap Income Tax Expense Benefit
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41008000 USD
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5530000 USD
CY2018 us-gaap Current Federal Tax Expense Benefit
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8953000 USD
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19345000 USD
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1667000 USD
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3785000 USD
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5963000 USD
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7197000 USD
CY2018 us-gaap Current Income Tax Expense Benefit
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12738000 USD
CY2017 us-gaap Current Income Tax Expense Benefit
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25308000 USD
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1515000 USD
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9001000 USD
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13869000 USD
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
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3930000 USD
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
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2452000 USD
CY2017 us-gaap Deferred State And Local Income Tax Expense Benefit
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1831000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
5445000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
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11453000 USD
CY2017 us-gaap Deferred Income Tax Expense Benefit
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15700000 USD
CY2019 us-gaap Income Tax Expense Benefit
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12642000 USD
CY2018 us-gaap Income Tax Expense Benefit
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24191000 USD
CY2017 us-gaap Income Tax Expense Benefit
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41008000 USD
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288385000 USD
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40133000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
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0 USD
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751000 USD
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Through the purchase of all of the outstanding shares of Falls Water, NWN Water acquired the net assets and 100% control of Falls Water.
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1061000 USD
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352787000 USD
CY2018Q4 us-gaap Deferred Income Tax Liabilities
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337984000 USD
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2723000 USD
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0 USD
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162000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Other
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52000 USD
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57144000 USD
CY2018Q4 us-gaap Deferred Tax Assets Net
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57521000 USD
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295643000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities
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280463000 USD
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100000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
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0.21
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.35
CY2019Q4 us-gaap Property Plant And Equipment Net
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2438899000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
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49837000 USD
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49922000 USD
CY2019Q4 us-gaap Goodwill
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49900000 USD
CY2019Q4 us-gaap Equity Method Investments
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13472000 USD
CY2018Q4 us-gaap Equity Method Investments
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13571000 USD
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24000 USD
CY2018Q4 us-gaap Other Investments
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65000 USD
CY2019Q4 us-gaap Other Long Term Investments
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CY2018Q4 us-gaap Other Long Term Investments
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63558000 USD
CY2019Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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-1608000 USD
CY2018Q4 us-gaap Goodwill
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9000000.0 USD
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17900000 USD
CY2018 us-gaap Derivative Gain On Derivative
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7400000 USD
CY2019 us-gaap Unrealized Gain Loss On Derivatives
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5600000 USD
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-7500000 USD
CY2018Q4 us-gaap Derivative Fair Value Of Derivative Net
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5700000 USD
CY2019Q4 nwn Site Contingency Numberof Remediation Projects
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2
CY2019Q4 nwn Prudent Costs Deferred During Period
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3000000.0 USD
nwn Prudent Costs Deferred During Period
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1500000 USD
CY2019 nwn Insurance Proceeds Amortization Period
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P10Y6M
CY2019 nwn Cost Recovery Period
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P3Y
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2017Q4 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.21
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2017Q4 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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Revenues
285348000 USD
CY2019Q2 us-gaap Revenues
Revenues
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CY2019Q3 us-gaap Revenues
Revenues
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CY2019Q4 us-gaap Revenues
Revenues
247274000 USD
CY2019Q1 us-gaap Income Loss From Continuing Operations
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IncomeLossFromContinuingOperations
2051000 USD
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IncomeLossFromContinuingOperations
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IncomeLossFromContinuingOperations
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IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
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NetIncomeLoss
43201000 USD
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NetIncomeLoss
1095000 USD
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NetIncomeLoss
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CY2019Q4 us-gaap Net Income Loss
NetIncomeLoss
36740000 USD
CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
28906000 shares
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
29337000 shares
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
30429000 shares
CY2019Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
30448000 shares
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
28970000 shares
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
29394000 shares
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WeightedAverageNumberOfDilutedSharesOutstanding
30429000 shares
CY2019Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
30521000 shares
CY2019Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.50
CY2019Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.07
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IncomeLossFromContinuingOperationsPerBasicShare
-0.61
CY2019Q4 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.26
CY2019Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.50
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IncomeLossFromContinuingOperationsPerDilutedShare
0.07
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IncomeLossFromContinuingOperationsPerDilutedShare
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IncomeLossFromContinuingOperationsPerDilutedShare
1.26
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EarningsPerShareBasic
1.49
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EarningsPerShareBasic
0.04
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EarningsPerShareBasic
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EarningsPerShareBasic
1.21
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EarningsPerShareDiluted
1.49
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EarningsPerShareDiluted
0.04
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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EarningsPerShareDiluted
1.20
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Revenues
263635000 USD
CY2018Q2 us-gaap Revenues
Revenues
124567000 USD
CY2018Q3 us-gaap Revenues
Revenues
91239000 USD
CY2018Q4 us-gaap Revenues
Revenues
226702000 USD
CY2018Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
42011000 USD
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IncomeLossFromContinuingOperations
-339000 USD
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IncomeLossFromContinuingOperations
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CY2018Q4 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
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CY2018Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
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CY2018Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
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CY2018Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
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CY2018Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-959000 USD
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
41537000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
-998000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
-11794000 USD
CY2018Q4 us-gaap Net Income Loss
NetIncomeLoss
35824000 USD
CY2018Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
28753000 shares
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
28791000 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
28815000 shares
CY2018Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
28851000 shares
CY2018Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
28803000 shares
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
28791000 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
28815000 shares
CY2018Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
28940000 shares
CY2018Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.46
CY2018Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
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CY2018Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.39
CY2018Q4 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.27
CY2018Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.46
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IncomeLossFromContinuingOperationsPerDilutedShare
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IncomeLossFromContinuingOperationsPerDilutedShare
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IncomeLossFromContinuingOperationsPerDilutedShare
1.27
CY2018Q1 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share
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CY2018Q1 us-gaap Earnings Per Share Basic
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1.44
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EarningsPerShareBasic
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1.24
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1.44
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EarningsPerShareDiluted
-0.03
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CY2018Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.24
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
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977000 USD
CY2019 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
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450000 USD
CY2019 us-gaap Valuation Allowances And Reserves Charged To Other Accounts
ValuationAllowancesAndReservesChargedToOtherAccounts
0 USD
CY2019 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
754000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
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673000 USD
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AllowanceForDoubtfulAccountsReceivableCurrent
956000 USD
CY2018 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
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680000 USD
CY2018 us-gaap Valuation Allowances And Reserves Charged To Other Accounts
ValuationAllowancesAndReservesChargedToOtherAccounts
0 USD
CY2018 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
659000 USD
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
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977000 USD
CY2016Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
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1290000 USD
CY2017 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
865000 USD
CY2017 us-gaap Valuation Allowances And Reserves Charged To Other Accounts
ValuationAllowancesAndReservesChargedToOtherAccounts
0 USD
CY2017 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
1199000 USD
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
956000 USD

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