10-Q Filing

ATMOS ENERGY CORP CIK: 731802 Q1 2020

Filing Information

Form Type	10-Q
Accession Number	`0000731802-20-000010`
Period End Date	20191231
Filing Date	20200204
Fiscal Year	2020
Fiscal Period	Q1
XBRL Instance	ato2019123110-q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 66 Income Statement 40 Cash Flow Statement 46 Comprehensive Income 4

Balance Sheet 66 line items

Line Item	Tag	Value	Unit	Period
Common stock stated value (USD per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock stated value (USD per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock authorized (in shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Property, plant and equipment	`PublicUtilitiesPropertyPlantAndEquipmentPlantInService`	$14.18B	USD	Point-in-time
Property, plant and equipment	`PublicUtilitiesPropertyPlantAndEquipmentPlantInService`	$14.69B	USD	Point-in-time
Common stock authorized (in shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Less accumulated depreciation and amortization	`PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation`	$2.44B	USD	Point-in-time
Less accumulated depreciation and amortization	`PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation`	$2.39B	USD	Point-in-time
Common stock issued (in shares)	`CommonStockSharesIssued`	122.26M	shares	Point-in-time
Common stock issued (in shares)	`CommonStockSharesIssued`	119.34M	shares	Point-in-time
Common stock outstanding (in shares)	`CommonStockSharesOutstanding`	122.26M	shares	Point-in-time
Common stock outstanding (in shares)	`CommonStockSharesOutstanding`	119.34M	shares	Point-in-time
Net property, plant and equipment	`PublicUtilitiesPropertyPlantAndEquipmentNet`	$12.25B	USD	Point-in-time
Net property, plant and equipment	`PublicUtilitiesPropertyPlantAndEquipmentNet`	$11.79B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$189.27M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$24.55M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$435.62M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$230.57M	USD	Point-in-time
Gas stored underground	`EnergyRelatedInventoryGasStoredUnderground`	$130.14M	USD	Point-in-time
Gas stored underground	`EnergyRelatedInventoryGasStoredUnderground`	$115.26M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$71.98M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$72.77M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$458.03M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$812.13M	USD	Point-in-time
Goodwill	`Goodwill`	$730.71M	USD	Point-in-time
Goodwill	`Goodwill`	$730.71M	USD	Point-in-time
Deferred charges and other assets	`OtherAssetsNoncurrent`	$594.87M	USD	Point-in-time
Deferred charges and other assets	`OtherAssetsNoncurrent`	$391.21M	USD	Point-in-time
Total assets	`Assets`	$13.37B	USD	Point-in-time
Total assets	`Assets`	$14.39B	USD	Point-in-time
Common stock, no par value (stated at $0.005 per share); 200,000,000 shares authorized; issued and outstanding: December 31, 2019 122,262,403 shares; September 30, 2019 119,338,925 shares	`CommonStockValue`	$611.00K	USD	Point-in-time
Common stock, no par value (stated at $0.005 per share); 200,000,000 shares authorized; issued and outstanding: December 31, 2019 122,262,403 shares; September 30, 2019 119,338,925 shares	`CommonStockValue`	$597.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$3.71B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$3.98B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-113.53M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-114.58M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.26B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.15B	USD	Point-in-time
Shareholders equity	`StockholdersEquity`	$5.35B	USD	Point-in-time
Shareholders equity	`StockholdersEquity`	$4.77B	USD	Point-in-time
Shareholders equity	`StockholdersEquity`	$6.13B	USD	Point-in-time
Shareholders equity	`StockholdersEquity`	$5.75B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$4.32B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$3.53B	USD	Point-in-time
Total capitalization	`CapitalizationLongtermDebtAndEquity`	$10.45B	USD	Point-in-time
Total capitalization	`CapitalizationLongtermDebtAndEquity`	$9.28B	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$308.11M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$265.02M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$479.50M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$537.01M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$464.92M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	-	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$50.00K	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.21B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$845.17M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$1.30B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$1.35B	USD	Point-in-time
Regulatory excess deferred taxes	`TaxCutsandJobsActof2017ChangeinTaxRateDeferredTaxLiability`	$699.38M	USD	Point-in-time
Regulatory excess deferred taxes	`TaxCutsandJobsActof2017ChangeinTaxRateDeferredTaxLiability`	$705.10M	USD	Point-in-time
Regulatory cost of removal obligation	`RegulatoryCostOfRemovalLiabilityNoncurrent`	$451.18M	USD	Point-in-time
Regulatory cost of removal obligation	`RegulatoryCostOfRemovalLiabilityNoncurrent`	$473.17M	USD	Point-in-time
Deferred credits and other liabilities	`OtherLiabilitiesNoncurrent`	$588.01M	USD	Point-in-time
Deferred credits and other liabilities	`OtherLiabilitiesNoncurrent`	$400.22M	USD	Point-in-time
Total shareholders' equity and liabilities	`LiabilitiesAndStockholdersEquity`	$14.39B	USD	Point-in-time
Total shareholders' equity and liabilities	`LiabilitiesAndStockholdersEquity`	$13.37B	USD	Point-in-time

Income Statement 40 line items

Line Item	Tag	Value	Unit	Period
Operating revenues	`Revenues`	$877.78M	USD	1 Quarter
Operating revenues	`Revenues`	$875.56M	USD	1 Quarter
Purchased gas cost	`CostOfRevenue`	$296.87M	USD	1 Quarter
Purchased gas cost	`CostOfRevenue`	$342.17M	USD	1 Quarter
Operation and maintenance expense	`OtherSellingGeneralAndAdministrativeExpense`	$138.60M	USD	1 Quarter
Operation and maintenance expense	`OtherSellingGeneralAndAdministrativeExpense`	$152.25M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$96.06M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$105.06M	USD	1 Quarter
Taxes, other than income	`TaxesOther`	$64.49M	USD	1 Quarter
Taxes, other than income	`TaxesOther`	$68.61M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$236.46M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$252.78M	USD	1 Quarter
Other non-operating income (expense)	`OtherNonoperatingIncomeExpense`	$4.89M	USD	1 Quarter
Other non-operating income (expense)	`OtherNonoperatingIncomeExpense`	$-7.72M	USD	1 Quarter
Interest charges	`InterestExpense`	$27.23M	USD	1 Quarter
Interest charges	`InterestExpense`	$27.85M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$200.89M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$230.44M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$43.25M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$51.77M	USD	1 Quarter
Net income	`NetIncomeLoss`	$157.65M	USD	1 Quarter
Net income	`NetIncomeLoss`	$178.67M	USD	1 Quarter
Net income per share - Basic (USD per share)	`EarningsPerShareBasic`	$1.38	USD	1 Quarter
Net income per share - Basic (USD per share)	`EarningsPerShareBasic`	$1.47	USD	1 Quarter
Net income per share - Diluted (USD per share)	`EarningsPerShareDiluted`	$1.38	USD	1 Quarter
Net income per share - Diluted (USD per share)	`EarningsPerShareDiluted`	$1.47	USD	1 Quarter
Cash dividends per share (USD per share)	`CommonStockDividendsPerShareCashPaid`	$0.57	USD	1 Quarter
Cash dividends per share (USD per share)	`CommonStockDividendsPerShareCashPaid`	$0.53	USD	1 Quarter
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	113.80M	shares	1 Quarter
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	121.11M	shares	1 Quarter
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	121.36M	shares	1 Quarter
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	113.83M	shares	1 Quarter
Net unrealized holding losses on available-for-sale securities, net of tax of $0 and $0	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-1.00K	USD	1 Quarter
Net unrealized holding losses on available-for-sale securities, net of tax of $0 and $0	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	-	USD	1 Quarter
Amortization and unrealized loss on interest rate agreements, net of tax of $311 and $(6,580)	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$-22.26M	USD	1 Quarter
Amortization and unrealized loss on interest rate agreements, net of tax of $311 and $(6,580)	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$1.05M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-22.26M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.05M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$179.72M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$135.39M	USD	1 Quarter

Cash Flow Statement 46 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$157.65M	USD	1 Quarter
Net income	`NetIncomeLoss`	$178.67M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$96.06M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$105.06M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$40.34M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$46.73M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$616.00K	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-6.23M	USD	1 Quarter
Net assets / liabilities from risk management activities	`IncreaseDecreaseInCommodityContractAssetsAndLiabilities`	$-4.14M	USD	1 Quarter
Net assets / liabilities from risk management activities	`IncreaseDecreaseInCommodityContractAssetsAndLiabilities`	$2.46M	USD	1 Quarter
Net change in operating assets and liabilities	`IncreaseDecreaseInOperatingAssets`	$161.54M	USD	1 Quarter
Net change in operating assets and liabilities	`IncreaseDecreaseInOperatingAssets`	$133.14M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$164.68M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$172.44M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$529.19M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$416.40M	USD	1 Quarter
Debt and equity securities activities, net	`PaymentsForProceedsFromInvestments`	$1.60M	USD	1 Quarter
Debt and equity securities activities, net	`PaymentsForProceedsFromInvestments`	$963.00K	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-2.55M	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-2.07M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-415.29M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-528.24M	USD	1 Quarter
Net decrease in short-term debt	`ProceedsFromRepaymentsOfShortTermDebt`	$-575.78M	USD	1 Quarter
Net decrease in short-term debt	`ProceedsFromRepaymentsOfShortTermDebt`	$-464.92M	USD	1 Quarter
Net proceeds from equity offering	`ProceedsFromIssuanceOfCommonStock`	$494.73M	USD	1 Quarter
Net proceeds from equity offering	`ProceedsFromIssuanceOfCommonStock`	$259.00M	USD	1 Quarter
Issuance of common stock through stock purchase and employee retirement plans	`ProceedsFromIssuanceOrSaleOfEquity`	$4.27M	USD	1 Quarter
Issuance of common stock through stock purchase and employee retirement plans	`ProceedsFromIssuanceOrSaleOfEquity`	$4.24M	USD	1 Quarter
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$799.45M	USD	1 Quarter
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$596.99M	USD	1 Quarter
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$69.56M	USD	1 Quarter
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$58.72M	USD	1 Quarter
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$7.74M	USD	1 Quarter
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$6.43M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$455.04M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$520.51M	USD	1 Quarter
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$164.72M	USD	1 Quarter
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$204.43M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$13.77M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$24.55M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$189.27M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$218.20M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$13.77M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$24.55M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$189.27M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$218.20M	USD	Point-in-time

Comprehensive Income 4 line items

Line Item	Tag	Value	Unit	Period
Net unrealized holding losses on available-for-sale securities, tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	-	USD	1 Quarter
Net unrealized holding losses on available-for-sale securities, tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	-	USD	1 Quarter
Amortization and unrealized loss on interest rate agreements, tax	`OtherComprehensiveIncomeLossInterestRateContractDerivativesQualifyingasHedgesTax`	$-6.58M	USD	1 Quarter
Amortization and unrealized loss on interest rate agreements, tax	`OtherComprehensiveIncomeLossInterestRateContractDerivativesQualifyingasHedgesTax`	$311.00K	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.