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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Utility revenues:      
Utility revenues, exclusive of alternative revenue programs $ 1,742,876 $ 1,445,000 $ 1,324,091
Alternative revenue programs (33,357) (6,635) (3,814)
Total utility revenues 1,709,519 1,438,365 1,320,277
Non-utility revenues 688 571 1,614
Total operating revenues 1,710,207 1,438,936 1,321,891
Utility operating expenses:      
Resource costs 735,862 497,123 398,509
Other operating expenses 405,165 366,125 354,614
Depreciation and amortization 253,017 231,915 223,507
Taxes other than income taxes 114,193 109,353 106,501
Non-utility operating expenses:      
Other operating expenses 11,603 5,927 5,344
Depreciation and amortization 125 261 716
Total operating expenses 1,519,965 1,210,704 1,089,191
Income from operations 190,242 228,232 232,700
Interest expense 117,634 105,731 104,348
Interest expense to affiliated trusts 1,058 421 713
Capitalized interest (3,718) (3,987) (4,083)
Other income-net (62,717) (33,298) (4,817)
Income before income taxes 137,985 159,365 136,539
Income tax expense (benefit) (17,191) 12,031 7,051
Net income $ 155,176 $ 147,334 $ 129,488
Weighted-average common shares outstanding (thousands), basic 72,989 69,951 67,962
Weighted-average common shares outstanding (thousands), diluted 73,093 70,085 68,102
Earnings per common share:      
Basic $ 2.13 $ 2.11 $ 1.91
Diluted $ 2.12 $ 2.10 $ 1.90