2024 Q1 Form 10-K Financial Statement

#000173399824000011 Filed on February 23, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $433.5M $355.7M $1.197B
YoY Change -6.26% -5.21% 15.44%
Cost Of Revenue $194.0M $157.4M $548.5M
YoY Change -13.71% -14.46% 16.34%
Gross Profit $239.5M $198.3M $649.0M
YoY Change 0.79% 3.7% 14.68%
Gross Profit Margin 55.25% 55.75% 54.19%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $33.10M $32.76M $125.6M
YoY Change 5.19% 5.2% 7.6%
% of Gross Profit 13.82% 16.52% 19.35%
Operating Expenses $323.6M $123.2M $1.013B
YoY Change -7.24% 11.94% 16.4%
Operating Profit $109.8M $75.17M $184.9M
YoY Change -3.24% -7.46% 10.43%
Interest Expense -$20.53M -$19.89M -$76.57M
YoY Change 12.22% 16.38% 43.79%
% of Operating Profit -18.69% -26.46% -41.4%
Other Income/Expense, Net -$1.134M $4.627M $17.86M
YoY Change -170.61% 1468.47% 1384.21%
Pretax Income $88.16M $59.90M $126.2M
YoY Change -8.94% -7.03% 9.35%
Income Tax $24.34M $15.26M $32.36M
% Of Pretax Income 27.61% 25.48% 25.64%
Net Earnings $63.82M $44.64M $93.87M
YoY Change -10.95% -6.88% 8.77%
Net Earnings / Revenue 14.72% 12.55% 7.84%
Basic Earnings Per Share $1.69 $2.59
Diluted Earnings Per Share $1.69 $1.20 $2.59
COMMON SHARES
Basic Shares Outstanding 37.68M shares 36.78M shares 36.21M shares
Diluted Shares Outstanding 37.80M shares 36.27M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $72.38M $32.92M $32.92M
YoY Change -48.6% 12.47% 12.47%
Cash & Equivalents $72.38M $32.92M $32.92M
Short-Term Investments
Other Short-Term Assets $49.90M $65.28M $338.1M
YoY Change 18.89% 6.51% -26.86%
Inventory $99.87M $112.6M $112.6M
Prepaid Expenses
Receivables $124.3M $117.9M $117.9M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $537.7M $601.4M $601.4M
YoY Change -6.67% -19.18% -19.18%
LONG-TERM ASSETS
Property, Plant & Equipment $3.442B $3.358B $3.559B
YoY Change 9.05% 7.82% 7.14%
Goodwill $163.0M $163.3M
YoY Change 8.81% 9.38%
Intangibles
YoY Change
Long-Term Investments $84.08M $103.0M $103.0M
YoY Change -10.18% 348.2% 7.57%
Other Assets $111.1M $106.2M $440.1M
YoY Change 13.63% 16.09% 0.71%
Total Long-Term Assets $4.311B $4.266B $4.266B
YoY Change 7.36% 6.53% 6.53%
TOTAL ASSETS
Total Short-Term Assets $537.7M $601.4M $601.4M
Total Long-Term Assets $4.311B $4.266B $4.266B
Total Assets $4.849B $4.867B $4.867B
YoY Change 5.6% 2.5% 2.5%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $107.9M $145.4M $145.4M
YoY Change -2.94% -19.54% -19.54%
Accrued Expenses $18.41M $18.17M $18.17M
YoY Change 24.5% 55.52% 55.52%
Deferred Revenue
YoY Change
Short-Term Debt $94.70M $89.80M $89.78M
YoY Change 30.62% -65.22% -65.23%
Long-Term Debt Due $869.0K $150.9M $150.9M
YoY Change -99.64% 66.34% 66.34%
Total Short-Term Liabilities $468.3M $696.9M $696.9M
YoY Change -27.28% -22.46% -22.46%
LONG-TERM LIABILITIES
Long-Term Debt $1.575B $1.425B $1.425B
YoY Change 21.64% 14.38% 14.39%
Other Long-Term Liabilities $120.2M $119.0M $1.078B
YoY Change 1.9% -3.57% 1.54%
Total Long-Term Liabilities $1.695B $1.544B $2.504B
YoY Change 19.99% 12.76% 8.47%
TOTAL LIABILITIES
Total Short-Term Liabilities $468.3M $696.9M $696.9M
Total Long-Term Liabilities $1.695B $1.544B $2.504B
Total Liabilities $2.163B $2.241B $3.583B
YoY Change 5.18% -1.19% 0.29%
SHAREHOLDERS EQUITY
Retained Earnings $445.1M $399.9M
YoY Change 3.36% 6.23%
Common Stock $905.2M $891.0M
YoY Change 9.81% 10.65%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.343B $1.284B $1.284B
YoY Change
Total Liabilities & Shareholders Equity $4.849B $4.867B $4.867B
YoY Change 5.6% 2.5% 2.5%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $63.82M $44.64M $93.87M
YoY Change -10.95% -6.88% 8.77%
Depreciation, Depletion And Amortization $33.10M $32.76M $125.6M
YoY Change 5.19% 5.2% 7.6%
Cash From Operating Activities $125.0M -$21.55M $279.9M
YoY Change -29.3% 17.85% 89.57%
INVESTING ACTIVITIES
Capital Expenditures $82.22M $84.60M $327.3M
YoY Change 15.37% -2.49% -3.32%
Acquisitions $0.00 $7.533M
YoY Change -100.0% -92.01%
Other Investing Activities -$729.0K -$377.0K -$383.0K
YoY Change -156.73% -99.59% -122.69%
Cash From Investing Activities -$82.49M -$84.98M -$335.5M
YoY Change 12.97% -52.38% -22.96%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $66.50M
YoY Change -68.12%
Debt Paid & Issued, Net $150.0M $90.00M
YoY Change
Cash From Financing Activities -$2.917M -15.33M $64.21M
YoY Change -126.07% -113.05% -78.71%
NET CHANGE
Cash From Operating Activities $125.0M -21.55M $279.9M
Cash From Investing Activities -$82.49M -84.98M -$335.5M
Cash From Financing Activities -$2.917M -15.33M $64.21M
Net Change In Cash $39.63M -121.9M $8.660M
YoY Change -65.54% 53.65% -37.45%
FREE CASH FLOW
Cash From Operating Activities $125.0M -$21.55M $279.9M
Capital Expenditures $82.22M $84.60M $327.3M
Free Cash Flow $42.82M -$106.2M -$47.40M
YoY Change -59.45% 1.05% -75.18%

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0 usd
CY2021 us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
0 usd
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:700;line-height:120%;text-decoration:underline">Use of Estimates</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> </span></div><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">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="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">.</span></div>
CY2023Q4 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
333443000 usd
CY2022Q4 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
340432000 usd
CY2023Q4 us-gaap Regulatory Liability Current
RegulatoryLiabilityCurrent
84962000 usd
CY2023Q4 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
695896000 usd
CY2022Q4 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
689578000 usd
CY2023 nwn Weighted Average Depreciation Rates Transmission Distribution
WeightedAverageDepreciationRatesTransmissionDistribution
0.025
CY2023 nwn Weighted Average Depreciation Rates Utility Storage
WeightedAverageDepreciationRatesUtilityStorage
0.022
CY2023 nwn Weighted Average Depreciation Rates General Plant
WeightedAverageDepreciationRatesGeneralPlant
0.067
CY2023 nwn Weighted Average Depreciation Rates Intangible Other
WeightedAverageDepreciationRatesIntangibleOther
0.053
CY2023 us-gaap Public Utilities Allowance For Funds Used During Construction Rate
PublicUtilitiesAllowanceForFundsUsedDuringConstructionRate
0.075
CY2022 us-gaap Public Utilities Allowance For Funds Used During Construction Rate
PublicUtilitiesAllowanceForFundsUsedDuringConstructionRate
0.028
CY2021 us-gaap Public Utilities Allowance For Funds Used During Construction Rate
PublicUtilitiesAllowanceForFundsUsedDuringConstructionRate
0.007
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
32920000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
29270000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
49624000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
40964000 usd
CY2023Q4 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
83100000 usd
CY2022Q4 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
89000000 usd
CY2023 us-gaap Utilities Operating Expense Taxes
UtilitiesOperatingExpenseTaxes
48700000 usd
CY2022 us-gaap Utilities Operating Expense Taxes
UtilitiesOperatingExpenseTaxes
41800000 usd
CY2021 us-gaap Utilities Operating Expense Taxes
UtilitiesOperatingExpenseTaxes
34700000 usd
CY2023Q4 nwn Inactive Account Period Outstanding Prior To Write Off
InactiveAccountPeriodOutstandingPriorToWriteOff
P120D
CY2023Q4 nwn General Payment Term Of Ngd Receivables
GeneralPaymentTermOfNGDReceivables
P15D
CY2023Q4 nwn Age Of Closed Or Inactive Accounts
AgeOfClosedOrInactiveAccounts
P120D
CY2021 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
2.56
CY2023Q4 nwn Number Of Net Investments In Sales Type Leases
NumberOfNetInvestmentsInSalesTypeLeases
2 numberofleases
CY2023Q4 us-gaap Sales Type Lease Net Investment In Lease Allowance For Credit Loss
SalesTypeLeaseNetInvestmentInLeaseAllowanceForCreditLoss
0 usd
CY2023Q4 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
25600000 usd
CY2022Q4 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
23500000 usd
CY2023Q4 nwn Inventory Emissions Allowances
InventoryEmissionsAllowances
39300000 usd
CY2023Q4 nwn Cci Deferred Costs
CCIDeferredCosts
20500000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
163300000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
149300000 usd
CY2023Q4 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0 usd
CY2023Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0 usd
CY2023 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
93868000 usd
CY2022 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
86303000 usd
CY2021 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
78666000 usd
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36213000 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
33934000 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
30702000 shares
CY2023 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
52000 shares
CY2022 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
50000 shares
CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
50000 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36265000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
33984000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
30752000 shares
CY2023 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
2.59
CY2022 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
2.54
CY2023 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
2.59
CY2022 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
2.54
CY2021 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
2.56
CY2023 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1000 shares
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2000 shares
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
7000 shares
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2023 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
1173227000 usd
CY2023Q4 nwn Revenue Over Time Performance Obligation Number
RevenueOverTimePerformanceObligationNumber
1 performanceobligations
CY2023Q4 us-gaap Lessor Sales Type Lease Term Of Contract1
LessorSalesTypeLeaseTermOfContract1
P30Y
CY2023Q4 us-gaap Lessor Sales Type Lease Renewal Term1
LessorSalesTypeLeaseRenewalTerm1
P50Y
CY2023Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
19900000 usd
CY2023Q4 us-gaap Lessor Sales Type Lease Term Of Contract1
LessorSalesTypeLeaseTermOfContract1
P30Y
CY2023Q4 us-gaap Lessor Sales Type Lease Renewal Term1
LessorSalesTypeLeaseRenewalTerm1
P50Y
CY2023 us-gaap Lease Income
LeaseIncome
16050000 usd
CY2022 us-gaap Lease Income
LeaseIncome
17193000 usd
CY2021 us-gaap Lease Income
LeaseIncome
17551000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
655000 usd
CY2023Q4 nwn Lease Paymentstobe Received Nexttwelvemonths
LeasePaymentstobeReceivedNexttwelvemonths
16522000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
652000 usd
CY2023Q4 nwn Lease Paymentstobe Received Two Years
LeasePaymentstobeReceivedTwoYears
15958000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
92000 usd
CY2023Q4 nwn Lease Paymentstobe Received Three Years
LeasePaymentstobeReceivedThreeYears
14993000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
79000 usd
CY2023Q4 nwn Lease Paymentstobe Received Four Years
LeasePaymentstobeReceivedFourYears
14600000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
58000 usd
CY2023Q4 nwn Lease Paymentstobe Received Five Years
LeasePaymentstobeReceivedFiveYears
14041000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
800000 usd
CY2023Q4 nwn Lease Paymentstobe Received Thereafter
LeasePaymentstobeReceivedThereafter
209116000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
2336000 usd
CY2023Q4 nwn Lease Paymentstobe Received
LeasePaymentstobeReceived
285230000 usd
CY2023Q4 us-gaap Residual Value Of Leased Asset
ResidualValueOfLeasedAsset
5500000 usd
CY2022Q4 us-gaap Residual Value Of Leased Asset
ResidualValueOfLeasedAsset
5100000 usd
CY2023 us-gaap Operating Lease Expense
OperatingLeaseExpense
7420000 usd
CY2023 us-gaap Short Term Lease Cost
ShortTermLeaseCost
925000 usd
CY2022 us-gaap Operating Lease Expense
OperatingLeaseExpense
7034000 usd
CY2022 us-gaap Short Term Lease Cost
ShortTermLeaseCost
880000 usd
CY2021 us-gaap Operating Lease Expense
OperatingLeaseExpense
6917000 usd
CY2021 us-gaap Short Term Lease Cost
ShortTermLeaseCost
1220000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
71308000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
2333000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
77167000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
79500000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
73429000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1514000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
78965000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
80479000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P16Y2M12D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P17Y2M12D
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
7667000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
7538000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
7514000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
7645000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
7725000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
101278000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
139367000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
59867000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
79500000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
2333000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
77167000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
0 usd
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
7610000 usd
CY2023 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
369000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
659000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
470000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
7057000 usd
CY2022 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
524000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
977000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
270000 usd
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
6898000 usd
CY2021 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
801000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
223000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
314000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
0 usd
CY2023 nwn Insurance Proceeds Amortization Period
InsuranceProceedsAmortizationPeriod
P10Y6M
CY2023Q4 nwn Insurance Proceeds Applied To Prudently Incurred Remediation Costs
InsuranceProceedsAppliedToPrudentlyIncurredRemediationCosts
3900000 usd
CY2023 nwn Cost Recovery Period
CostRecoveryPeriod
P3Y
CY2023 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
872000 usd
CY2022 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
762000 usd
CY2021 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
866000 usd
CY2023 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
2421000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
2115000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
2406000 usd
CY2023 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
305000 usd
CY2022 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
351000 usd
CY2021 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
344000 usd
CY2023 nwn Commercial Paper Maximum Maturity
CommercialPaperMaximumMaturity
P5D
CY2023 nwn Commercial Paper Average Maturity
CommercialPaperAverageMaturity
P4D
CY2023Q4 us-gaap Other Long Term Debt
OtherLongTermDebt
6600000 usd
CY2022Q4 us-gaap Other Long Term Debt
OtherLongTermDebt
6200000 usd
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1586300000 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1345900000 usd
CY2023Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
10000000.0 usd
CY2022Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
9000000.0 usd
CY2023Q4 nwn Long Term Debt Current Maturities Gross
LongTermDebtCurrentMaturitiesGross
150900000 usd
CY2022Q4 nwn Long Term Debt Current Maturities Gross
LongTermDebtCurrentMaturitiesGross
90700000 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1425400000 usd
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1246200000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
150868000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
30824000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
110852000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
65581000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
10866000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
1217353000 usd
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1586344000 usd
CY2022Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
258200000 usd
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1586344000 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1345851000 usd
CY2023Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
10044000 usd
CY2022Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
8987000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
1576300000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
1336864000 usd
CY2023Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
1447941000 usd
CY2022Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
1148395000 usd
CY2023Q4 us-gaap Defined Benefit Plan Ultimate Health Care Cost Trend Rate1
DefinedBenefitPlanUltimateHealthCareCostTrendRate1
0.0400
CY2023 us-gaap Defined Benefit Plan Year Health Care Cost Trend Rate Reaches Ultimate Trend Rate
DefinedBenefitPlanYearHealthCareCostTrendRateReachesUltimateTrendRate
2029
CY2023 us-gaap Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
0 usd
CY2023Q4 us-gaap Defined Benefit Plan Expected Future Employer Contributions Next Fiscal Year
DefinedBenefitPlanExpectedFutureEmployerContributionsNextFiscalYear
20600000 usd
CY2023Q4 nwn Pension Plan Withdrawal Liability Payments
PensionPlanWithdrawalLiabilityPayments
P20Y
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
11124000 usd
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
8289000 usd
CY2023 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
26508000 usd
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
24241000 usd
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
22275000 usd
CY2023 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
10875000 usd
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
10139000 usd
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
9962000 usd
CY2023 nwn Other Tax Expense Benefit Differences To Be Flowed Through By Regulatory Commissions
OtherTaxExpenseBenefitDifferencesToBeFlowedThroughByRegulatoryCommissions
-3976000 usd
CY2022 nwn Other Tax Expense Benefit Differences To Be Flowed Through By Regulatory Commissions
OtherTaxExpenseBenefitDifferencesToBeFlowedThroughByRegulatoryCommissions
-4748000 usd
CY2021 nwn Other Tax Expense Benefit Differences To Be Flowed Through By Regulatory Commissions
OtherTaxExpenseBenefitDifferencesToBeFlowedThroughByRegulatoryCommissions
-4655000 usd
CY2023 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-1045000 usd
CY2022 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-502000 usd
CY2021 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-176000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
32362000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
29130000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
27406000 usd
CY2023 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.256
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.252
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.258
CY2023 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
13496000 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
5172000 usd
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
6508000 usd
CY2023 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
9901000 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
6551000 usd
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
6281000 usd
CY2023 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
23397000 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
11723000 usd
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
12789000 usd
CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
5100000 usd
CY2023 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
3865000 usd
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
6283000 usd
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
6328000 usd
CY2023 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
8965000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
17407000 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
14617000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
32362000 usd
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ShortTermBorrowings
89800000 usd

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