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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Utility revenues:      
Utility revenues, exclusive of alternative revenue programs $ 1,746,097 $ 1,742,876 $ 1,445,000
Alternative revenue programs 4,899 (33,357) (6,635)
Total utility revenues 1,750,996 1,709,519 1,438,365
Non-utility revenues 558 688 571
Total operating revenues 1,751,554 1,710,207 1,438,936
Utility operating expenses:      
Resource costs 702,372 735,862 497,123
Other operating expenses 413,608 405,165 366,125
Depreciation and amortization 265,329 253,017 231,915
Taxes other than income taxes 109,715 114,193 109,353
Non-utility operating expenses 2,840 11,728 6,188
Total operating expenses 1,493,864 1,519,965 1,210,704
Income from operations 257,690 190,242 228,232
Interest expense 140,795 117,634 105,731
Interest expense to affiliated trust 2,504 1,058 421
Capitalized interest (3,633) (3,718) (3,987)
Other income-net (19,526) (62,717) (33,298)
Income before income taxes 137,550 137,985 159,365
Income tax expense (benefit) (33,630) (17,191) 12,031
Net income $ 171,180 $ 155,176 $ 147,334
Weighted-average common shares outstanding (thousands), basic 76,396 72,989 69,951
Weighted-average common shares outstanding (thousands), diluted 76,495 73,093 70,085
Earnings per common share:      
Basic $ 2.24 $ 2.13 $ 2.11
Diluted $ 2.24 $ 2.12 $ 2.1