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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Operating Revenues      
Retail $ 1,040,682 $ 989,580 $ 1,021,543
Wholesale 174,742 117,341 167,020
Other 125,511 128,074 117,981
Total Operating Revenues 1,340,935 1,234,995 1,306,544
Operating Expenses      
Fuel 285,551 289,862 305,559
Purchased Power 136,425 85,354 124,764
Transmission and Other PPFAC Recoverable Costs 36,239 23,781 24,798
Increase (Decrease) to Reflect PPFAC Recovery Treatment (32,660) 21,064 39,787
Total Fuel and Purchased Power 425,555 420,061 494,908
Operations and Maintenance 360,302 353,905 345,356
Depreciation 152,874 146,097 138,093
Amortization 22,255 22,498 19,261
Taxes Other Than Income Taxes 53,623 49,303 49,623
Total Operating Expenses 1,014,609 991,864 1,047,241
Operating Income 326,326 243,131 259,303
Other Income (Deductions)      
Interest Income 742 111 93
Other Income 14,128 5,636 6,647
Other Expense (3,344) (3,019) (2,833)
Appreciation (Depreciation) in Value of Investments 2,791 2,147 (142)
Total Other Income (Deductions) 14,317 4,875 3,765
Interest Expense      
Long-Term Debt 62,018 62,015 61,159
Capital Leases 2,554 3,356 3,994
Other Interest Expense 718 531 1,134
Interest Capitalized (2,078) (1,710) (2,732)
Total Interest Expense 63,212 64,192 63,555
Income Before Income Taxes 277,431 183,814 199,513
Income Tax Expense 100,763 59,376 71,719
Net Income $ 176,668 $ 124,438 $ 127,794