2021 Q3 Form 10-K Financial Statement

#000143774921027683 Filed on December 02, 2021

View on sec.gov

Income Statement

Concept 2021 Q3 2021 Q2 2021
Revenue $13.36M $14.05M $75.17M
YoY Change 36.55% 26.89% 19.18%
Cost Of Revenue $6.754M $6.294M $35.21M
YoY Change 93.51% 66.07% 44.88%
Gross Profit $6.602M $7.755M $39.97M
YoY Change 4.95% 6.52% 3.01%
Gross Profit Margin 49.43% 55.2% 53.17%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.086M $2.174M $8.670M
YoY Change 4.83% 6.56% 6.69%
% of Gross Profit 31.6% 28.03% 21.69%
Operating Expenses $6.046M $6.212M $25.19M
YoY Change -15.9% 4.41% -4.22%
Operating Profit $555.2K $1.542M $14.78M
YoY Change -161.75% 15.47% 18.05%
Interest Expense -$843.3K $1.000M $4.052M
YoY Change -348.01% 1.42% -1.15%
% of Operating Profit -151.89% 64.85% 27.42%
Other Income/Expense, Net $164.4K $130.2K $912.1K
YoY Change 49.45% 147.71% 43.35%
Pretax Income -$123.7K $806.1K $13.31M
YoY Change -72.51% -49.85% -4.07%
Income Tax -$124.2K $195.3K $3.204M
% Of Pretax Income 24.23% 24.08%
Net Earnings $481.00 $610.8K $10.10M
YoY Change -100.15% -49.37% -4.38%
Net Earnings / Revenue 0.0% 4.35% 13.44%
Basic Earnings Per Share $0.00 $0.07 $1.22
Diluted Earnings Per Share $0.00 $0.07 $1.22
COMMON SHARES
Basic Shares Outstanding 8.355M 8.261M 8.252M
Diluted Shares Outstanding 8.273M 8.265M

Balance Sheet

Concept 2021 Q3 2021 Q2 2021
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.518M $1.268M $1.518M
YoY Change 406.11% 5.7% 406.11%
Cash & Equivalents $1.518M $1.268M $1.518M
Short-Term Investments
Other Short-Term Assets $1.015M $1.346M $9.777M
YoY Change 18.79% 3.9% 144.41%
Inventory $8.899M $5.274M $8.899M
Prepaid Expenses
Receivables $4.950M $4.791M $4.950M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $25.14M $14.86M $25.14M
YoY Change 74.17% 18.47% 74.61%
LONG-TERM ASSETS
Property, Plant & Equipment $211.6M $208.0M $211.6M
YoY Change 6.68% 7.21% 6.68%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $64.87M $62.54M $64.87M
YoY Change 12.73% 13.92% 12.81%
Other Assets $73.32M $74.01M $8.448M
YoY Change 6.57% 10.88% -25.24%
Total Long-Term Assets $285.0M $282.0M $285.0M
YoY Change 6.63% 8.13% 6.61%
TOTAL ASSETS
Total Short-Term Assets $25.14M $14.86M $25.14M
Total Long-Term Assets $285.0M $282.0M $285.0M
Total Assets $310.1M $296.9M $310.1M
YoY Change 10.09% 8.61% 10.08%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $7.730M $5.388M $7.730M
YoY Change 74.01% 29.82% 75.68%
Accrued Expenses $3.820M $2.761M $3.820M
YoY Change 7.15% 7.07% 6.11%
Deferred Revenue $1.540M $843.0K
YoY Change -2.99% -25.63%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $7.000M $7.000M $7.000M
YoY Change
Total Short-Term Liabilities $26.01M $21.61M $26.01M
YoY Change 56.98% 43.37% 56.71%
LONG-TERM LIABILITIES
Long-Term Debt $133.5M $123.2M $133.5M
YoY Change 7.8% 5.85% 7.81%
Other Long-Term Liabilities $50.92M $53.27M $35.97M
YoY Change -2.82% 3.08% -6.32%
Total Long-Term Liabilities $184.4M $176.4M $169.4M
YoY Change 4.64% 5.0% 4.47%
TOTAL LIABILITIES
Total Short-Term Liabilities $26.01M $21.61M $26.01M
Total Long-Term Liabilities $184.4M $176.4M $169.4M
Total Liabilities $210.4M $198.0M $210.4M
YoY Change 9.14% 8.16% 9.13%
SHAREHOLDERS EQUITY
Retained Earnings $39.66M $41.21M
YoY Change 11.12% 10.04%
Common Stock $61.58M $60.39M
YoY Change 8.71% 7.22%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $99.70M $98.84M $99.70M
YoY Change
Total Liabilities & Shareholders Equity $310.1M $296.9M $310.1M
YoY Change 10.09% 8.61% 10.08%

Cashflow Statement

Concept 2021 Q3 2021 Q2 2021
OPERATING ACTIVITIES
Net Income $481.00 $610.8K $10.10M
YoY Change -100.15% -49.37% -4.38%
Depreciation, Depletion And Amortization $2.086M $2.174M $8.670M
YoY Change 4.83% 6.56% 6.69%
Cash From Operating Activities -$2.848M $4.806M $11.57M
YoY Change 28381.2% 189.53% -9.79%
INVESTING ACTIVITIES
Capital Expenditures -$5.005M -$5.982M $19.97M
YoY Change -15.88% -8.38% -12.87%
Acquisitions
YoY Change
Other Investing Activities -$1.843M -$1.329M -$5.882M
YoY Change 46.26% 114.33% -24.59%
Cash From Investing Activities -$6.848M -$7.311M -$25.85M
YoY Change -5.02% 2.11% -15.86%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $4.922M
YoY Change 173.06%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 9.946M 3.042M $15.51M
YoY Change 57.62% 5.27% -6.33%
NET CHANGE
Cash From Operating Activities -2.848M 4.806M $11.57M
Cash From Investing Activities -6.848M -7.311M -$25.85M
Cash From Financing Activities 9.946M 3.042M $15.51M
Net Change In Cash 249.9K 537.3K $1.227M
YoY Change -127.46% -120.59% -191.57%
FREE CASH FLOW
Cash From Operating Activities -$2.848M $4.806M $11.57M
Capital Expenditures -$5.005M -$5.982M $19.97M
Free Cash Flow $2.157M $10.79M -$8.399M
YoY Change -63.69% 31.73% -16.77%

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<b><i>Use of Estimates</i></b>—The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
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CY2021 us-gaap Concentration Risk Credit Risk
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<p style="font-family: &quot;Times New Roman&quot;; font-size: 12pt; font-variant: normal; margin: 0pt 0pt 0pt 36pt;"><b><i>Business and Credit Concentrations</i></b>—The primary business of the Company is the distribution of natural gas to residential, commercial and industrial customers in its service territories.</p> <p style="font-family: &quot;Times New Roman&quot;; font-size: 12pt; font-variant: normal; margin: 0pt 0pt 0pt 36pt;"> </p> <p style="font-family: &quot;Times New Roman&quot;; font-size: 12pt; font-variant: normal; margin: 0pt 0pt 0pt 36pt;"><em style="font: inherit;">No</em> sales to individual customers accounted for more than <em style="font: inherit;">5%</em> of total revenue in any period or amounted to more than <em style="font: inherit;">5%</em> of total accounts receivable.</p> <p style="font-family: &quot;Times New Roman&quot;; font-size: 12pt; font-variant: normal; margin: 0pt 0pt 0pt 36pt;"> </p> <p style="font-family: &quot;Times New Roman&quot;; font-size: 12pt; font-variant: normal; margin: 0pt 0pt 0pt 36pt;">Roanoke Gas currently holds the only franchises and CPCNs to distribute natural gas in its service area. These franchises are effective through <em style="font: inherit;"> January </em><em style="font: inherit;">1,</em> <em style="font: inherit;">2036.</em> The Company's current CPCNs in Virginia are exclusive and are intended for perpetual duration.</p> <p style="font-family: &quot;Times New Roman&quot;; font-size: 12pt; font-variant: normal; margin: 0pt 0pt 0pt 36pt;"> </p> <p style="font-family: &quot;Times New Roman&quot;; font-size: 12pt; font-variant: normal; margin: 0pt 0pt 0pt 36pt;">Roanoke Gas is served directly by <span style="-sec-ix-hidden:c79643739">two</span> primary pipelines that provide all of the natural gas supplied to the Company’s customers. Depending upon weather conditions and the level of customer demand, failure of <em style="font: inherit;">one</em> or both of these transmission pipelines could have a major adverse impact on the Company.</p>
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CY2020Q3 us-gaap Retained Earnings Undistributed Earnings From Equity Method Investees
RetainedEarningsUndistributedEarningsFromEquityMethodInvestees
6842702 USD
CY2021 us-gaap Payments To Acquire Additional Interest In Subsidiaries
PaymentsToAcquireAdditionalInterestInSubsidiaries
6028760 USD
CY2020 us-gaap Payments To Acquire Additional Interest In Subsidiaries
PaymentsToAcquireAdditionalInterestInSubsidiaries
7864859 USD
CY2021 rgco Noncash Increase Decrease In Unconsolidated Affiliate
NoncashIncreaseDecreaseInUnconsolidatedAffiliate
-371800 USD
CY2020 rgco Noncash Increase Decrease In Unconsolidated Affiliate
NoncashIncreaseDecreaseInUnconsolidatedAffiliate
-2512387 USD
CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1667554 USD
CY2020 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
4814874 USD
CY2021 rgco Change In Investment In Unconsolidated Affiliate
ChangeInInvestmentInUnconsolidatedAffiliate
7324514 USD
CY2020 rgco Change In Investment In Unconsolidated Affiliate
ChangeInInvestmentInUnconsolidatedAffiliate
10167346 USD
CY2021Q3 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
32000000 USD
CY2020Q3 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
19000000 USD
CY2021Q3 us-gaap Line Of Credit
LineOfCredit
17628897 USD
CY2020Q3 us-gaap Line Of Credit
LineOfCredit
9143606 USD
CY2021 us-gaap Line Of Credit Facility Maximum Monthend Outstanding Amount
LineOfCreditFacilityMaximumMonthendOutstandingAmount
17628897 USD
CY2020 us-gaap Line Of Credit Facility Maximum Monthend Outstanding Amount
LineOfCreditFacilityMaximumMonthendOutstandingAmount
12983210 USD
CY2021 us-gaap Line Of Credit Facility Average Outstanding Amount
LineOfCreditFacilityAverageOutstandingAmount
10042073 USD
CY2020 us-gaap Line Of Credit Facility Average Outstanding Amount
LineOfCreditFacilityAverageOutstandingAmount
3286033 USD
CY2021 us-gaap Line Of Credit Facility Interest Rate During Period
LineOfCreditFacilityInterestRateDuringPeriod
0.0112 pure
CY2020 us-gaap Line Of Credit Facility Interest Rate During Period
LineOfCreditFacilityInterestRateDuringPeriod
0.0216 pure
CY2021Q3 us-gaap Line Of Credit Facility Interest Rate At Period End
LineOfCreditFacilityInterestRateAtPeriodEnd
0.0108 pure
CY2020Q3 us-gaap Line Of Credit Facility Interest Rate At Period End
LineOfCreditFacilityInterestRateAtPeriodEnd
0.0115 pure
CY2021 us-gaap Line Of Credit Facility Unused Capacity Commitment Fee Percentage
LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage
0.0015 pure
CY2020 us-gaap Line Of Credit Facility Unused Capacity Commitment Fee Percentage
LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage
0.0015 pure
CY2021Q3 rgco Debt Instruments Overall Maximum Borrowing Capacity
DebtInstrumentsOverallMaximumBorrowingCapacity
41000000 USD
CY2021Q3 us-gaap Unsecured Debt
UnsecuredDebt
140739097 USD
CY2020Q3 us-gaap Unsecured Debt
UnsecuredDebt
124118806 USD
CY2021Q3 rgco Long Term Debt Gross Excluding Current Maturities
LongTermDebtGrossExcludingCurrentMaturities
133739097 USD
CY2021Q3 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
267670 USD
CY2020Q3 rgco Long Term Debt Gross Excluding Current Maturities
LongTermDebtGrossExcludingCurrentMaturities
124118806 USD
CY2020Q3 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
299175 USD
CY2021 rgco Debt Instrument Debt Covenant Ratio Of Longterm Debt To Total Capitalization Maximum
DebtInstrumentDebtCovenantRatioOfLongtermDebtToTotalCapitalizationMaximum
0.65 pure
CY2021 rgco Debt Instrument Debt Covenant Ratio Of Priority Debt To Total Assets Maximum
DebtInstrumentDebtCovenantRatioOfPriorityDebtToTotalAssetsMaximum
0.15 pure
CY2021Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
7000000 USD
CY2021Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
51239097 USD
CY2021Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
10000000 USD
CY2021Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
0 USD
CY2021Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
14000000 USD
CY2021Q3 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
58500000 USD
CY2021Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
140739097 USD
CY2021 rgco Actual Tax Credit Recognized In Federal Income Tax Returns
ActualTaxCreditRecognizedInFederalIncomeTaxReturns
3169656 USD
CY2021 rgco Amount Of Tax Credits Recognized In Current Year Income Statement
AmountOfTaxCreditsRecognizedInCurrentYearIncomeStatement
636694 USD
CY2020Q4 rgco Effective Income Tax Rate Reconciliation Tax Credit Amortization Period
EffectiveIncomeTaxRateReconciliationTaxCreditAmortizationPeriod
P20Y
CY2020Q4 rgco Tax Credit Carryforward Annual Amortization Amount
TaxCreditCarryforwardAnnualAmortizationAmount
124000 USD
CY2020Q4 rgco Tax Credit Carryforward Annual Revenue Reduction
TaxCreditCarryforwardAnnualRevenueReduction
40000 USD
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
2527997 USD
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
1841124 USD
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
569877 USD
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
342233 USD
CY2021 us-gaap Current Federal State And Local Tax Expense Benefit
CurrentFederalStateAndLocalTaxExpenseBenefit
3097874 USD
CY2020 us-gaap Current Federal State And Local Tax Expense Benefit
CurrentFederalStateAndLocalTaxExpenseBenefit
2183357 USD
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-137159 USD
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
644682 USD
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
243347 USD
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
477621 USD
CY2021 us-gaap Deferred Federal State And Local Tax Expense Benefit
DeferredFederalStateAndLocalTaxExpenseBenefit
106188 USD
CY2020 us-gaap Deferred Federal State And Local Tax Expense Benefit
DeferredFederalStateAndLocalTaxExpenseBenefit
1122303 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3204062 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3305660 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
13306124 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
13870194 USD
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2021 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
86839 USD
CY2020 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
-0 USD
CY2021 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
20495 USD
CY2020 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
22446 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3204062 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3305660 USD
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
2794286 USD
CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
2912741 USD
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
642447 USD
CY2020 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
647685 USD
CY2021 rgco Net Amortization Of Excess Deferred Taxes On Regulated Operations
NetAmortizationOfExcessDeferredTaxesOnRegulatedOperations
162228 USD
CY2020 rgco Net Amortization Of Excess Deferred Taxes On Regulated Operations
NetAmortizationOfExcessDeferredTaxesOnRegulatedOperations
162228 USD
CY2021 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
-4099 USD
CY2020 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
-114984 USD
CY2021Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
62292 USD
CY2020Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
180986 USD
CY2021Q3 rgco Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions And Postretirement Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensionsAndPostretirementBenefits
195044 USD
CY2020Q3 rgco Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions And Postretirement Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensionsAndPostretirementBenefits
651356 USD
CY2021Q3 rgco Deferred Tax Asset Regulatory Effect Of Tax Cuts And Jobs Act Of2017
DeferredTaxAssetRegulatoryEffectOfTaxCutsAndJobsActOf2017
2761667 USD
CY2020Q3 rgco Deferred Tax Asset Regulatory Effect Of Tax Cuts And Jobs Act Of2017
DeferredTaxAssetRegulatoryEffectOfTaxCutsAndJobsActOf2017
2814525 USD
CY2021Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Compensated Absences
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsCompensatedAbsences
137175 USD
CY2020Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Compensated Absences
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsCompensatedAbsences
140635 USD
CY2021Q3 rgco Deferred Tax Assets Tax Deferred Expense Costs Of Gas Held In Storage
DeferredTaxAssetsTaxDeferredExpenseCostsOfGasHeldInStorage
753344 USD
CY2020Q3 rgco Deferred Tax Assets Tax Deferred Expense Costs Of Gas Held In Storage
DeferredTaxAssetsTaxDeferredExpenseCostsOfGasHeldInStorage
604962 USD
CY2021Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Other
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsOther
915749 USD
CY2020Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Other
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsOther
992605 USD
CY2021Q3 us-gaap Deferred Tax Assets Derivative Instruments
DeferredTaxAssetsDerivativeInstruments
307873 USD
CY2020Q3 us-gaap Deferred Tax Assets Derivative Instruments
DeferredTaxAssetsDerivativeInstruments
572343 USD
CY2021Q3 rgco Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Gas Cost
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedGasCost
289801 USD
CY2020Q3 rgco Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Gas Cost
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedGasCost
0 USD
CY2021Q3 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
98642 USD
CY2020Q3 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
97564 USD
CY2021Q3 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
5521587 USD
CY2020Q3 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
6054976 USD
CY2021Q3 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
18643863 USD
CY2020Q3 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
18310474 USD
CY2021Q3 us-gaap Deferred Tax Liabilities Investment In Noncontrolled Affiliates
DeferredTaxLiabilitiesInvestmentInNoncontrolledAffiliates
1825937 USD
CY2020Q3 us-gaap Deferred Tax Liabilities Investment In Noncontrolled Affiliates
DeferredTaxLiabilitiesInvestmentInNoncontrolledAffiliates
1693075 USD
CY2021Q3 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
0 USD
CY2020Q3 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
25189 USD
CY2021Q3 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
20469800 USD
CY2020Q3 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
20028738 USD
CY2021Q3 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
14948213 USD
CY2020Q3 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
13973762 USD
CY2021Q3 us-gaap Defined Benefit Plan Expected Amortization Next Fiscal Year
DefinedBenefitPlanExpectedAmortizationNextFiscalYear
60000 USD
CY2021Q3 rgco Defined Benefit Plan Expected Amortization Of Net Gains Losses Regulatory Deferral
DefinedBenefitPlanExpectedAmortizationOfNetGainsLossesRegulatoryDeferral
207000 USD
CY2021 us-gaap Defined Benefit Plan Effect Of One Percentage Point Increase On Service And Interest Cost Components
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnServiceAndInterestCostComponents
111000 USD
CY2021 us-gaap Defined Benefit Plan Effect Of One Percentage Point Decrease On Service And Interest Cost Components1
DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnServiceAndInterestCostComponents1
88000 USD
CY2021 us-gaap Defined Benefit Plan Effect Of One Percentage Point Increase On Accumulated Postretirement Benefit Obligation
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnAccumulatedPostretirementBenefitObligation
2575000 USD
CY2021 us-gaap Defined Benefit Plan Effect Of One Percentage Point Decrease On Accumulated Postretirement Benefit Obligation1
DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnAccumulatedPostretirementBenefitObligation1
2106000 USD
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
20000
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.3205 pure
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.3153 pure
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0275 pure
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0274 pure
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P7Y
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P7Y
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0124 pure
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0051 pure
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
68492
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
14.91
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y2M12D
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
981170 USD
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
13000
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
27.87
CY2020 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
29992
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
14.65
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
51500
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
18.34
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y4M24D
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
320797 USD
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
3000
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
22.93
CY2021 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
9250
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
14.90
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
45250
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
19.34
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
213898 USD
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
45250
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
19.34
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
P6Y
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
213898 USD
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
5.55
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
6.26
CY2021 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
11100 USD
CY2020 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
81380 USD
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
70297 USD
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
411638 USD
CY2021 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
137802 USD
CY2020 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
439509 USD
CY2021Q3 rgco Maximum Amount Allowed For Dividend Reinvestment And Stock Purchase Plan
MaximumAmountAllowedForDividendReinvestmentAndStockPurchasePlan
100000 USD
us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
29604
us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
28191
CY2021Q3 rgco Stock Available For Issuance Under Dividend Reinvestment Plan
StockAvailableForIssuanceUnderDividendReinvestmentPlan
332719
CY2020Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
5581387 USD
CY2020Q1 us-gaap Revenues
Revenues
22437731 USD
CY2021Q3 rgco Energy Purchase Obligation Due In Next Twelve Months
EnergyPurchaseObligationDueInNextTwelveMonths
2320859
CY2021Q3 rgco Energy Purchase Obligation Due In Second Year
EnergyPurchaseObligationDueInSecondYear
295866
CY2021Q3 rgco Energy Purchase Obligation Due Total
EnergyPurchaseObligationDueTotal
2616725
CY2021 rgco Purchase Commitment Minimum Volume Required
PurchaseCommitmentMinimumVolumeRequired
2100000 USD
CY2021Q3 us-gaap Purchase Obligation Due In Next Twelve Months
PurchaseObligationDueInNextTwelveMonths
15432720 USD
CY2021Q3 us-gaap Purchase Obligation Due In Second Year
PurchaseObligationDueInSecondYear
13671397 USD
CY2021Q3 us-gaap Purchase Obligation Due In Third Year
PurchaseObligationDueInThirdYear
11789154 USD
CY2021Q3 us-gaap Purchase Obligation Due In Fourth Year
PurchaseObligationDueInFourthYear
7206347 USD
CY2021Q3 us-gaap Purchase Obligation Due In Fifth Year
PurchaseObligationDueInFifthYear
2249852 USD
CY2021Q3 us-gaap Purchase Obligation Due After Fifth Year
PurchaseObligationDueAfterFifthYear
1813618 USD
CY2021Q3 us-gaap Purchase Obligation
PurchaseObligation
52163088 USD
CY2021 rgco Franchise Agreement Term
FranchiseAgreementTerm
P20Y
CY2021 rgco Franchise Fee Annual Increase
FranchiseFeeAnnualIncrease
0.03 pure
CY2021 rgco Franchise Fee Total Cost Through End Of Agreement
FranchiseFeeTotalCostThroughEndOfAgreement
2180752 USD
CY2020Q4 us-gaap Revenues
Revenues
19517017 USD
CY2021Q1 us-gaap Revenues
Revenues
28253662 USD
CY2021Q2 us-gaap Revenues
Revenues
14048846 USD
CY2021Q3 us-gaap Revenues
Revenues
13355254 USD
CY2020Q2 us-gaap Revenues
Revenues
11071918 USD
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0
CY2019Q4 us-gaap Revenues
Revenues
19785453 USD
CY2020Q3 us-gaap Revenues
Revenues
9780289 USD
CY2019Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
5081979 USD
CY2021Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
7099426 USD
CY2021Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
1542333 USD
CY2021Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
555163 USD
CY2020Q4 us-gaap Net Income Loss
NetIncomeLoss
4723263 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
4767478 USD
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
610840 USD
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
481 USD
CY2020Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.58
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.58
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.07
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0
CY2020Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.58
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.58
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.07
CY2020Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
6999616 USD
CY2020Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
1335663 USD
CY2020Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-899076 USD
CY2019Q4 us-gaap Net Income Loss
NetIncomeLoss
4006936 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
5680316 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
1206578 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-329296 USD
CY2019Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.50
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.70
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.15
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.04
CY2019Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.49
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.70
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.15
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.04
CY2021Q3 rgco Debt Instruments Overall Maximum Borrowing Capacity
DebtInstrumentsOverallMaximumBorrowingCapacity
41000000 USD

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