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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Operating Revenues      
Retail $ 989,580 $ 1,021,543 $ 970,145
Wholesale 117,341 167,020 158,323
Other 128,074 117,981 141,433
Total Operating Revenues 1,234,995 1,306,544 1,269,901
Operating Expenses      
Fuel 289,862 305,559 297,537
Purchased Power 85,354 124,764 152,922
Transmission and Other PPFAC Recoverable Costs 23,781 24,798 18,179
Increase (Decrease) to Reflect PPFAC Recovery Treatment 21,064 39,787 (11,194)
Total Fuel and Purchased Power 420,061 494,908 457,444
Operations and Maintenance 353,905 345,356 378,877
Depreciation 146,097 138,093 126,520
Amortization 22,498 19,261 28,567
Taxes Other Than Income Taxes 49,303 49,623 47,805
Total Operating Expenses 991,864 1,047,241 1,039,213
Operating Income 243,131 259,303 230,688
Other Income (Deductions)      
Other Income 111 93 208
Other Income 5,636 6,647 8,598
Other Expense (3,019) (2,833) (12,735)
Appreciation (Depreciation) in Value of Investments 2,147 (142) 1,371
Total Other Income (Deductions) 4,875 3,765 (2,558)
Interest Expense      
Long-Term Debt 62,015 61,159 60,577
Capital Leases 3,356 3,994 10,249
Other Interest Expense 531 1,134 810
Interest Capitalized (1,710) (2,732) (3,755)
Total Interest Expense 64,192 63,555 67,881
Income Before Income Taxes 183,814 199,513 160,249
Income Tax Expense 59,376 71,719 57,911
Net Income $ 124,438 $ 127,794 $ 102,338