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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Utility revenues:    
Utility revenues, exclusive of alternative revenue programs $ 493,543 $ 478,703
Alternative revenue programs (19,038) (16,777)
Total utility revenues 474,505 461,926
Non-utility revenues 126 120
Total operating revenues 474,631 462,046
Utility operating expenses:    
Resource costs 192,928 186,868
Other operating expenses 104,978 94,527
Depreciation and amortization 65,188 62,577
Taxes other than income taxes 33,894 34,117
Non-utility operating expenses:    
Other operating expenses 1,011 956
Depreciation and amortization 31 32
Total operating expenses 398,030 379,077
Income from operations 76,601 82,969
Interest expense 35,084 28,067
Interest expense to affiliated trusts 571 117
Capitalized interest (842) (1,093)
Other income-net (6,429) (4,851)
Income before income taxes 48,217 60,729
Income tax benefit (6,628) (10,836)
Net income $ 54,845 $ 71,565
Weighted-average common shares outstanding (thousands), basic 75,169 71,787
Weighted-average common shares outstanding (thousands), diluted 75,275 71,930
Earnings per common share:    
Basic $ 0.73 $ 1.00
Diluted $ 0.73 $ 0.99