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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Income Statement [Abstract]        
Operating Revenues $ 407,244 $ 429,546 $ 772,980 $ 882,302
Operating Expenses        
Fuel 69,683 63,648 146,291 165,102
Purchased Power 31,345 27,440 61,812 53,670
Transmission and Other PPFAC Recoverable Costs 15,557 15,389 24,499 33,467
Increase (Decrease) to Reflect PPFAC Recovery Treatment 662 38,467 (580) 71,235
Total Fuel and Purchased Power 117,247 144,944 232,022 323,474
Operations and Maintenance 111,009 105,517 211,186 224,266
Depreciation 58,323 56,367 115,838 111,971
Amortization 7,621 7,773 15,402 15,509
Taxes Other Than Income Taxes 18,356 17,493 37,057 36,245
Total Operating Expenses 312,556 332,094 611,505 711,465
Operating Income 94,688 97,452 161,475 170,837
Other Income (Expense)        
Interest Expense (31,731) (24,248) (61,361) (48,253)
Allowance For Borrowed Funds 4,549 1,877 8,898 3,753
Allowance For Equity Funds 11,264 5,407 20,951 10,659
Unrealized Gains (Losses) on Investments 1,624 128 1,708 990
Interest Income 1,898 859 3,660 2,071
Other, Net (659) (438) (1,624) (355)
Total Other Income (Expense) (13,055) (16,415) (27,768) (31,135)
Income Before Income Tax Expense 81,633 81,037 133,707 139,702
Income Tax Expense 9,971 10,603 17,614 18,087
Net Income $ 71,662 $ 70,434 $ 116,093 $ 121,615