$OTTR
Otter Tail Corp

2022 Q1 Form 10-Q Financial Statement

#000146659322000031 Filed on May 04, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q1
Revenue $374.9M $261.7M
YoY Change 43.25% 11.49%
Cost Of Revenue $172.3M $121.2M
YoY Change 42.15% 15.76%
Gross Profit $202.6M $140.5M
YoY Change 44.21% 8.08%
Gross Profit Margin 54.04% 53.69%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $23.55M $22.13M
YoY Change 6.43% 8.47%
% of Gross Profit 11.62% 15.75%
Operating Expenses $104.3M $96.30M
YoY Change 8.33% 6.06%
Operating Profit $98.30M $44.20M
YoY Change 122.4% 12.5%
Interest Expense -$8.948M -$9.400M
YoY Change -4.81% 16.05%
% of Operating Profit -9.1% -21.27%
Other Income/Expense, Net $260.0K $1.160M
YoY Change -77.59% -398.2%
Pretax Income $89.63M $35.58M
YoY Change 151.93% 18.97%
Income Tax $17.63M $5.249M
% Of Pretax Income 19.67% 14.75%
Net Earnings $72.00M $30.33M
YoY Change 137.41% 24.98%
Net Earnings / Revenue 19.21% 11.59%
Basic Earnings Per Share $1.73 $0.73
Diluted Earnings Per Share $1.72 $0.73
COMMON SHARES
Basic Shares Outstanding 41.55M shares 41.46M shares
Diluted Shares Outstanding 41.87M shares 41.70M shares

Balance Sheet

Concept 2022 Q1 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.371M $1.200M
YoY Change 14.25% -84.81%
Cash & Equivalents $1.371M $1.212M
Short-Term Investments
Other Short-Term Assets $14.50M $9.516M
YoY Change 52.34% 29.52%
Inventory $145.9M $92.43M
Prepaid Expenses
Receivables $190.5M $109.1M
Other Receivables $8.139M $7.000M
Total Short-Term Assets $402.4M $259.0M
YoY Change 55.39% 1.08%
LONG-TERM ASSETS
Property, Plant & Equipment $2.128B $2.061B
YoY Change 3.28% 15.17%
Goodwill $37.57M $37.57M
YoY Change 0.0% 0.0%
Intangibles $8.768M $9.869M
YoY Change -11.16% -10.22%
Long-Term Investments $57.89M $54.40M
YoY Change 6.42% 472.63%
Other Assets $32.36M $29.34M
YoY Change 10.29% -23.29%
Total Long-Term Assets $2.389B $2.360B
YoY Change 1.26% 15.11%
TOTAL ASSETS
Total Short-Term Assets $402.4M $259.0M
Total Long-Term Assets $2.389B $2.360B
Total Assets $2.792B $2.619B
YoY Change 6.61% 13.55%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $119.0M $113.1M
YoY Change 5.26% 13.64%
Accrued Expenses $19.85M $17.60M
YoY Change 12.76% -37.14%
Deferred Revenue
YoY Change
Short-Term Debt $97.77M $134.9M
YoY Change -27.5% 577.88%
Long-Term Debt Due $29.99M $139.9M
YoY Change -78.57% 45632.35%
Total Short-Term Liabilities $373.2M $459.4M
YoY Change -18.78% 161.5%
LONG-TERM LIABILITIES
Long-Term Debt $734.1M $624.5M
YoY Change 17.55% -13.78%
Other Long-Term Liabilities $63.50M $63.58M
YoY Change -0.13% 105.67%
Total Long-Term Liabilities $637.4M $646.8M
YoY Change -1.45% -14.36%
TOTAL LIABILITIES
Total Short-Term Liabilities $373.2M $459.4M
Total Long-Term Liabilities $637.4M $646.8M
Total Liabilities $1.011B $1.106B
YoY Change -8.65% 18.83%
SHAREHOLDERS EQUITY
Retained Earnings $424.6M $272.0M
YoY Change 56.11% 17.39%
Common Stock $629.5M $624.3M
YoY Change 0.84% 8.65%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.047B $887.9M
YoY Change
Total Liabilities & Shareholders Equity $2.792B $2.619B
YoY Change 6.61% 13.55%

Cashflow Statement

Concept 2022 Q1 2021 Q1
OPERATING ACTIVITIES
Net Income $72.00M $30.33M
YoY Change 137.41% 24.98%
Depreciation, Depletion And Amortization $23.55M $22.13M
YoY Change 6.43% 8.47%
Cash From Operating Activities $45.42M $15.27M
YoY Change 197.42% -29.88%
INVESTING ACTIVITIES
Capital Expenditures -$28.71M -$50.10M
YoY Change -42.69% -33.29%
Acquisitions
YoY Change
Other Investing Activities -$2.739M $1.100M
YoY Change -349.0%
Cash From Investing Activities -$31.45M -$49.02M
YoY Change -35.84% -34.69%
FINANCING ACTIVITIES
Cash Dividend Paid $17.18M $16.21M
YoY Change 6.0% 8.73%
Common Stock Issuance & Retirement, Net $1.507M
YoY Change -123.82%
Debt Paid & Issued, Net $0.00 $169.0K
YoY Change -100.0% 275.56%
Cash From Financing Activities -$14.13M $33.80M
YoY Change -141.81% -15.43%
NET CHANGE
Cash From Operating Activities $45.42M $15.27M
Cash From Investing Activities -$31.45M -$49.02M
Cash From Financing Activities -$14.13M $33.80M
Net Change In Cash -$166.0K $49.00K
YoY Change -438.78% -100.37%
FREE CASH FLOW
Cash From Operating Activities $45.42M $15.27M
Capital Expenditures -$28.71M -$50.10M
Free Cash Flow $74.13M $65.37M
YoY Change 13.39% -32.52%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2022Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001466593
CY2022Q1 dei Amendment Flag
AmendmentFlag
false
CY2022Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2022Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
CY2022Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2022Q1 dei Document Type
DocumentType
10-Q
CY2022Q1 dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2022Q1 dei Document Period End Date
DocumentPeriodEndDate
2022-03-31
CY2022Q1 dei Document Transition Report
DocumentTransitionReport
false
CY2021Q4 us-gaap Assets
Assets
2754830000 USD
CY2022Q1 us-gaap Short Term Borrowings
ShortTermBorrowings
97770000 USD
CY2022Q1 dei Entity File Number
EntityFileNumber
0-53713
CY2022Q1 dei Entity Registrant Name
EntityRegistrantName
OTTER TAIL CORPORATION
CY2022Q1 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
MN
CY2022Q1 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
27-0383995
CY2022Q1 dei Entity Address Address Line1
EntityAddressAddressLine1
215 South Cascade Street
CY2022Q1 dei Entity Address Address Line2
EntityAddressAddressLine2
Box 496
CY2022Q1 dei Entity Address City Or Town
EntityAddressCityOrTown
Fergus Falls
CY2022Q1 dei Entity Address State Or Province
EntityAddressStateOrProvince
MN
CY2022Q1 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
56538-0496
CY2022Q1 dei City Area Code
CityAreaCode
866
CY2022Q1 dei Local Phone Number
LocalPhoneNumber
410-8780
CY2022Q1 dei Security12b Title
Security12bTitle
Common Shares, par value $5.00 per share
CY2022Q1 dei Trading Symbol
TradingSymbol
OTTR
CY2022Q1 dei Security Exchange Name
SecurityExchangeName
NASDAQ
CY2022Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2022Q1 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2022Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2022Q1 dei Entity Small Business
EntitySmallBusiness
false
CY2022Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2022Q1 dei Entity Shell Company
EntityShellCompany
false
CY2022Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
41630655 shares
CY2022Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1371000 USD
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1537000 USD
CY2022Q1 us-gaap Accounts Receivable Net
AccountsReceivableNet
218896000 USD
CY2021Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
174953000 USD
CY2022Q1 us-gaap Inventory Net
InventoryNet
145857000 USD
CY2021Q4 us-gaap Inventory Net
InventoryNet
148490000 USD
CY2022Q1 us-gaap Regulatory Assets Current
RegulatoryAssetsCurrent
21770000 USD
CY2021Q4 us-gaap Regulatory Assets Current
RegulatoryAssetsCurrent
27342000 USD
CY2022Q1 us-gaap Other Assets Current
OtherAssetsCurrent
14497000 USD
CY2021Q4 us-gaap Other Assets Current
OtherAssetsCurrent
17032000 USD
CY2022Q1 us-gaap Assets Current
AssetsCurrent
402391000 USD
CY2021Q4 us-gaap Assets Current
AssetsCurrent
369354000 USD
CY2022Q1 us-gaap Long Term Investments
LongTermInvestments
57893000 USD
CY2021Q4 us-gaap Long Term Investments
LongTermInvestments
56690000 USD
CY2022Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2128344000 USD
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2124605000 USD
CY2022Q1 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
124413000 USD
CY2021Q4 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
125508000 USD
CY2022Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
8768000 USD
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
9044000 USD
CY2022Q1 us-gaap Goodwill
Goodwill
37572000 USD
CY2021Q4 us-gaap Goodwill
Goodwill
37572000 USD
CY2022Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
32360000 USD
CY2021Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
32057000 USD
CY2022Q1 us-gaap Assets Noncurrent
AssetsNoncurrent
2389350000 USD
CY2021Q4 us-gaap Assets Noncurrent
AssetsNoncurrent
2385476000 USD
CY2022Q1 us-gaap Assets
Assets
2791741000 USD
CY2021Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
31704000 USD
CY2022Q1 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
21879000 USD
CY2021Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
19245000 USD
CY2021Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
91163000 USD
CY2022Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
29990000 USD
CY2021Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
29983000 USD
CY2022Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
119022000 USD
CY2021Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
135089000 USD
CY2022Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
19846000 USD
CY2022Q1 us-gaap Regulatory Liability Current
RegulatoryLiabilityCurrent
27211000 USD
CY2021Q4 us-gaap Regulatory Liability Current
RegulatoryLiabilityCurrent
24844000 USD
CY2022Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
57437000 USD
CY2021Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
55671000 USD
CY2022Q1 us-gaap Liabilities Current
LiabilitiesCurrent
373155000 USD
CY2021Q4 us-gaap Liabilities Current
LiabilitiesCurrent
387699000 USD
CY2022Q1 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
53153000 USD
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
1047138000 USD
CY2021Q4 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
73973000 USD
CY2022Q1 us-gaap Other Postretirement Defined Benefit Plan Liabilities Noncurrent
OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
66383000 USD
CY2021Q4 us-gaap Other Postretirement Defined Benefit Plan Liabilities Noncurrent
OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
66481000 USD
CY2022Q1 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
233989000 USD
CY2021Q4 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
234430000 USD
CY2022Q1 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
203877000 USD
CY2021Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
188268000 USD
CY2022Q1 us-gaap Accumulated Deferred Investment Tax Credit
AccumulatedDeferredInvestmentTaxCredit
16475000 USD
CY2021Q4 us-gaap Accumulated Deferred Investment Tax Credit
AccumulatedDeferredInvestmentTaxCredit
16661000 USD
CY2022Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
63497000 USD
CY2021Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
62527000 USD
CY2022Q1 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
637374000 USD
CY2021Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
642340000 USD
CY2022Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2021Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2022Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
734074000 USD
CY2021Q4 us-gaap Common Stock Value
CommonStockValue
207758000 USD
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
734014000 USD
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
50000000 shares
CY2022Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
50000000 shares
CY2022Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
5
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
5
CY2022Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
41605884 shares
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
41551524 shares
CY2022Q1 us-gaap Common Stock Value
CommonStockValue
208029000 USD
CY2022Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
421449000 USD
CY2021Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
419760000 USD
CY2022Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
424605000 USD
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
369783000 USD
CY2022Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-6945000 USD
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-6524000 USD
CY2021Q1 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
13693000 USD
CY2022Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
23548000 USD
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
990777000 USD
CY2022Q1 us-gaap Capitalization Longterm Debt And Equity
CapitalizationLongtermDebtAndEquity
1781212000 USD
CY2021Q4 us-gaap Capitalization Longterm Debt And Equity
CapitalizationLongtermDebtAndEquity
1724791000 USD
CY2022Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2791741000 USD
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2754830000 USD
CY2022Q1 us-gaap Revenues
Revenues
374904000 USD
CY2021Q1 us-gaap Revenues
Revenues
261710000 USD
CY2022Q1 us-gaap Utilities Operating Expense Fuel Used
UtilitiesOperatingExpenseFuelUsed
14853000 USD
CY2021Q1 us-gaap Utilities Operating Expense Fuel Used
UtilitiesOperatingExpenseFuelUsed
14714000 USD
CY2022Q1 us-gaap Utilities Operating Expense Purchased Power
UtilitiesOperatingExpensePurchasedPower
20529000 USD
CY2021Q1 us-gaap Utilities Operating Expense Purchased Power
UtilitiesOperatingExpensePurchasedPower
19260000 USD
CY2022Q1 us-gaap Utilities Operating Expense Maintenance And Operations
UtilitiesOperatingExpenseMaintenanceAndOperations
44278000 USD
CY2021Q1 us-gaap Utilities Operating Expense Maintenance And Operations
UtilitiesOperatingExpenseMaintenanceAndOperations
41421000 USD
CY2022Q1 us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
151759000 USD
CY2021Q1 us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
101977000 USD
CY2022Q1 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
17206000 USD
CY2021Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
22126000 USD
CY2022Q1 ottr Utilities Operating Expense Property Taxes
UtilitiesOperatingExpensePropertyTaxes
4432000 USD
CY2021Q1 ottr Utilities Operating Expense Property Taxes
UtilitiesOperatingExpensePropertyTaxes
4320000 USD
CY2022Q1 us-gaap Costs And Expenses
CostsAndExpenses
276605000 USD
CY2021Q1 us-gaap Costs And Expenses
CostsAndExpenses
217511000 USD
CY2022Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
98299000 USD
CY2021Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
44199000 USD
CY2022Q1 us-gaap Interest And Debt Expense
InterestAndDebtExpense
8948000 USD
CY2021Q1 us-gaap Interest And Debt Expense
InterestAndDebtExpense
9398000 USD
CY2022Q1 us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
-22000 USD
CY2021Q1 us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
383000 USD
CY2022Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
260000 USD
CY2021Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1160000 USD
CY2022Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
89633000 USD
CY2021Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
35578000 USD
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
17630000 USD
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5249000 USD
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
72003000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
30329000 USD
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
41548000 shares
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
41455000 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
41871000 shares
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
41700000 shares
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.73
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.73
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.72
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.73
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
72003000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
30329000 USD
CY2022Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-61000 USD
CY2021Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-10000 USD
CY2022Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-231000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-35000 USD
CY2022Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
67000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-53000 USD
CY2022Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
190000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-150000 USD
CY2022Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-421000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
115000 USD
CY2022Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
71582000 USD
CY2021Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
30444000 USD
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
990777000 USD
CY2022Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
-2944000 USD
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
72003000 USD
CY2022Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-421000 USD
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4904000 USD
CY2022Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.4125
CY2022Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
17181000 USD
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
1047138000 USD
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
870966000 USD
CY2021Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
-1507000 USD
CY2021Q1 ottr Stock Issued During Period Value Dividend Reinvestment And Employee Stock Purchase Plans
StockIssuedDuringPeriodValueDividendReinvestmentAndEmployeeStockPurchasePlans
-25000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
30329000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
115000 USD
CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4197000 USD
CY2021Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.39
CY2021Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
16208000 USD
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
887867000 USD
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
72003000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
30329000 USD
CY2022Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
23548000 USD
CY2021Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
22126000 USD
CY2022Q1 us-gaap Income Tax Credits And Adjustments
IncomeTaxCreditsAndAdjustments
-186000 USD
CY2021Q1 us-gaap Income Tax Credits And Adjustments
IncomeTaxCreditsAndAdjustments
-186000 USD
CY2022Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
14342000 USD
CY2021Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
5697000 USD
CY2022Q1 us-gaap Pension Contributions
PensionContributions
20000000 USD
CY2021Q1 us-gaap Pension Contributions
PensionContributions
10000000 USD
CY2022Q1 us-gaap Increase Decrease In Allowance For Equity Funds Used During Construction
IncreaseDecreaseInAllowanceForEquityFundsUsedDuringConstruction
260000 USD
CY2021Q1 us-gaap Increase Decrease In Allowance For Equity Funds Used During Construction
IncreaseDecreaseInAllowanceForEquityFundsUsedDuringConstruction
45000 USD
CY2022Q1 us-gaap Share Based Compensation
ShareBasedCompensation
4904000 USD
CY2021Q1 us-gaap Share Based Compensation
ShareBasedCompensation
4197000 USD
CY2022Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-866000 USD
CY2021Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
1407000 USD
CY2022Q1 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
43943000 USD
CY2021Q1 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
20431000 USD
CY2022Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-3403000 USD
CY2021Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
261000 USD
CY2022Q1 us-gaap Increase Decrease In Other Regulatory Assets
IncreaseDecreaseInOtherRegulatoryAssets
-4468000 USD
CY2021Q1 us-gaap Increase Decrease In Other Regulatory Assets
IncreaseDecreaseInOtherRegulatoryAssets
-703000 USD
CY2022Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-3729000 USD
CY2021Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
6421000 USD
CY2022Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-12533000 USD
CY2021Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
2245000 USD
CY2022Q1 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-7859000 USD
CY2021Q1 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-8890000 USD
CY2022Q1 us-gaap Increase Decrease In Regulatory Liabilities
IncreaseDecreaseInRegulatoryLiabilities
2812000 USD
CY2021Q1 us-gaap Increase Decrease In Regulatory Liabilities
IncreaseDecreaseInRegulatoryLiabilities
-3850000 USD
CY2022Q1 us-gaap Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
122000 USD
CY2021Q1 us-gaap Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
1464000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
45416000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
15270000 USD
CY2022Q1 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
28710000 USD
CY2021Q1 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
50076000 USD
CY2022Q1 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
878000 USD
CY2021Q1 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
3244000 USD
CY2022Q1 us-gaap Payments For Proceeds From Investments
PaymentsForProceedsFromInvestments
3617000 USD
CY2021Q1 us-gaap Payments For Proceeds From Investments
PaymentsForProceedsFromInvestments
2188000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-31449000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-49020000 USD
CY2022Q1 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
6608000 USD
CY2021Q1 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
53854000 USD
CY2022Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
0 USD
CY2021Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
169000 USD
CY2022Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
17181000 USD
CY2021Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
16208000 USD
CY2022Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2942000 USD
CY2021Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1507000 USD
CY2022Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-618000 USD
CY2021Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-2171000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-14133000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
33799000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-166000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
49000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1537000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1163000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1371000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1212000 USD
CY2022Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
9165000 USD
CY2021Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
18962000 USD
CY2022Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
CY2022Q1 us-gaap Use Of Estimates
UseOfEstimates
<div><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We use estimates based on the best information available in recording transactions and balances resulting from business operations. As better information becomes available or actual amounts are known, the recorded estimates are revised. Consequently, operating results can be affected by revisions to prior accounting estimates.</span></div>
CY2022Q1 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Reclassifications</span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Certain reclassifications of amounts previously reported have been made to the accompanying consolidated statements of shareholders' equity and consolidated statements of cash flows to maintain consistency and comparability between periods presented. The reclassifications had no impact on previously reported shareholders' equity, net cash provided by operating activities, net cash used in investing activities, net cash (used in) provided by financing activities, or cash and cash equivalents.</span></div>
CY2022Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2022Q1 us-gaap Revenues
Revenues
374904000 USD
CY2021Q1 us-gaap Revenues
Revenues
261710000 USD
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
72003000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
30329000 USD
CY2022Q1 us-gaap Assets
Assets
2791741000 USD
CY2021Q4 us-gaap Assets
Assets
2754830000 USD
CY2022Q1 us-gaap Revenues
Revenues
374904000 USD
CY2021Q1 us-gaap Revenues
Revenues
261710000 USD
CY2022Q1 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
192315000 USD
CY2021Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
142297000 USD
CY2022Q1 us-gaap Other Receivables Gross Current
OtherReceivablesGrossCurrent
8139000 USD
CY2021Q4 us-gaap Other Receivables Gross Current
OtherReceivablesGrossCurrent
10591000 USD
CY2022Q1 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
20229000 USD
CY2021Q4 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
23901000 USD
CY2022Q1 us-gaap Accounts Receivable Gross
AccountsReceivableGross
220683000 USD
CY2021Q4 us-gaap Accounts Receivable Gross
AccountsReceivableGross
176789000 USD
CY2022Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1787000 USD
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1836000 USD
CY2022Q1 us-gaap Accounts Receivable Net
AccountsReceivableNet
218896000 USD
CY2021Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
174953000 USD
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1836000 USD
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
3215000 USD
CY2022Q1 us-gaap Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
210000 USD
CY2021Q1 us-gaap Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
211000 USD
CY2022Q1 ottr Accounts Receivable Allowance For Credit Loss Writeoff After Recovery
AccountsReceivableAllowanceForCreditLossWriteoffAfterRecovery
259000 USD
CY2021Q1 ottr Accounts Receivable Allowance For Credit Loss Writeoff After Recovery
AccountsReceivableAllowanceForCreditLossWriteoffAfterRecovery
443000 USD
CY2022Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1787000 USD
CY2021Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2983000 USD
CY2022Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
37195000 USD
CY2021Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
39903000 USD
CY2022Q1 us-gaap Inventory Work In Process
InventoryWorkInProcess
33962000 USD
CY2021Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
35705000 USD
CY2022Q1 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
74700000 USD
CY2021Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
72882000 USD
CY2022Q1 us-gaap Inventory Net
InventoryNet
145857000 USD
CY2021Q4 us-gaap Inventory Net
InventoryNet
148490000 USD
CY2022Q1 us-gaap Life Insurance Corporate Or Bank Owned Amount
LifeInsuranceCorporateOrBankOwnedAmount
40722000 USD
CY2021Q4 us-gaap Life Insurance Corporate Or Bank Owned Amount
LifeInsuranceCorporateOrBankOwnedAmount
41078000 USD
CY2022Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
8959000 USD
CY2021Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
9202000 USD
CY2022Q1 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
1893000 USD
CY2021Q4 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
949000 USD
CY2022Q1 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
6285000 USD
CY2021Q4 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
5432000 USD
CY2022Q1 us-gaap Other Investments
OtherInvestments
34000 USD
CY2021Q4 us-gaap Other Investments
OtherInvestments
29000 USD
CY2022Q1 us-gaap Investments
Investments
57893000 USD
CY2021Q4 us-gaap Investments
Investments
56690000 USD
CY2022Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2128344000 USD
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2124605000 USD
CY2022Q1 us-gaap Regulatory Assets Current
RegulatoryAssetsCurrent
21770000 USD
CY2022Q1 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
124413000 USD
CY2021Q4 us-gaap Regulatory Assets Current
RegulatoryAssetsCurrent
27342000 USD
CY2021Q4 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
125508000 USD
CY2022Q1 us-gaap Regulatory Liability Current
RegulatoryLiabilityCurrent
27211000 USD
CY2022Q1 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
233989000 USD
CY2021Q4 us-gaap Regulatory Liability Current
RegulatoryLiabilityCurrent
24844000 USD
CY2021Q4 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
234430000 USD
CY2022Q1 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
340000000 USD
CY2022Q1 us-gaap Short Term Borrowings
ShortTermBorrowings
97770000 USD
CY2022Q1 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
7844000 USD
CY2022Q1 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
234386000 USD
CY2021Q4 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
235678000 USD
CY2022Q1 us-gaap Long Term Debt
LongTermDebt
767000000 USD
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
767000000 USD
CY2022Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
29990000 USD
CY2021Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
29983000 USD
CY2022Q1 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
2936000 USD
CY2021Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
3003000 USD
CY2022Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
734074000 USD
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
734014000 USD
CY2022Q1 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
1479000 USD
CY2021Q1 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
2841000 USD
CY2022Q1 ottr Defined Benefit Plan Net Periodic Benefit Cost Credit Deferred
DefinedBenefitPlanNetPeriodicBenefitCostCreditDeferred
-527000 USD
CY2021Q1 ottr Defined Benefit Plan Net Periodic Benefit Cost Credit Deferred
DefinedBenefitPlanNetPeriodicBenefitCostCreditDeferred
115000 USD
CY2022Q1 ottr Defined Benefit Plan Net Periodic Benefit Cost Credit Net Of Deferrals
DefinedBenefitPlanNetPeriodicBenefitCostCreditNetOfDeferrals
2006000 USD
CY2021Q1 ottr Defined Benefit Plan Net Periodic Benefit Cost Credit Net Of Deferrals
DefinedBenefitPlanNetPeriodicBenefitCostCreditNetOfDeferrals
2726000 USD
CY2022Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2021Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2022Q1 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.050
CY2021Q1 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.050
CY2022Q1 ottr Effective Income Tax Rate Reconciliation Deduction Production Tax Credits Percent
EffectiveIncomeTaxRateReconciliationDeductionProductionTaxCreditsPercent
0.044
CY2021Q1 ottr Effective Income Tax Rate Reconciliation Deduction Production Tax Credits Percent
EffectiveIncomeTaxRateReconciliationDeductionProductionTaxCreditsPercent
0.076
CY2022Q1 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.013
CY2021Q1 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.029
CY2022Q1 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
-0.005
CY2021Q1 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
-0.001
CY2022Q1 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Other
EffectiveIncomeTaxRateReconciliationTaxCreditsOther
0.002
CY2021Q1 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Other
EffectiveIncomeTaxRateReconciliationTaxCreditsOther
0.004
CY2022Q1 ottr Effective Income Tax Rate Reconciliation Corporate Owned Life Insurance Percent
EffectiveIncomeTaxRateReconciliationCorporateOwnedLifeInsurancePercent
0.002
CY2021Q1 ottr Effective Income Tax Rate Reconciliation Corporate Owned Life Insurance Percent
EffectiveIncomeTaxRateReconciliationCorporateOwnedLifeInsurancePercent
-0.005
CY2022Q1 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.001
CY2021Q1 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.003
CY2022Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.197
CY2021Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.148
CY2022Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4900000 USD
CY2021Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4200000 USD
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
41700000 shares
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
41548000 shares
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
41455000 shares
CY2022Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
323000 shares
CY2021Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
245000 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
41871000 shares

Files In Submission

Name View Source Status
0001466593-22-000031-index-headers.html Edgar Link pending
0001466593-22-000031-index.html Edgar Link pending
0001466593-22-000031.txt Edgar Link pending
0001466593-22-000031-xbrl.zip Edgar Link pending
a2022q110-qex311.htm Edgar Link pending
a2022q110-qex312.htm Edgar Link pending
a2022q110-qex321.htm Edgar Link pending
a2022q110-qex322.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
ottr-20220331.htm Edgar Link pending
ottr-20220331.xsd Edgar Link pending
ottr-20220331_cal.xml Edgar Link unprocessable
ottr-20220331_def.xml Edgar Link unprocessable
ottr-20220331_htm.xml Edgar Link completed
ottr-20220331_lab.xml Edgar Link unprocessable
ottr-20220331_pre.xml Edgar Link unprocessable
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
R9999.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending