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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Utility revenues:        
Utility revenues, exclusive of alternative revenue programs $ 385,861 $ 374,285 $ 992,372 $ 867,828
Alternative revenue programs 16,171 5,513 19,054 (13,525)
Total utility revenues 402,032 379,798 1,011,426 854,303
Non-utility revenues 40 139 62 265
Total operating revenues 402,072 379,937 1,011,488 854,568
Utility operating expenses:        
Resource costs 144,326 141,244 437,443 334,172
Other operating expenses 109,591 103,071 220,840 208,049
Depreciation and amortization 67,829 66,148 135,756 131,336
Taxes other than income taxes 25,710 24,917 61,398 58,811
Non-utility operating expenses 360 749 679 1,791
Total operating expenses 347,816 336,129 856,116 734,159
Income from operations 54,256 43,808 155,372 120,409
Interest expense 35,924 35,018 72,828 70,102
Interest expense to affiliated trust 656 608 1,313 1,179
Capitalized interest (1,145) (866) (2,106) (1,708)
Other income-net (4,532) (2,626) (13,817) (9,055)
Income before income taxes 23,353 11,674 97,154 59,891
Income tax expense (benefit) 495 (5,810) 2,801 (12,438)
Net income $ 22,858 $ 17,484 $ 94,353 $ 72,329
Weighted-average common shares outstanding (thousands), basic 78,390 75,983 78,276 75,576
Weighted-average common shares outstanding (thousands), diluted 78,456 76,131 78,333 75,703
Earnings per common share:        
Basic $ 0.29 $ 0.23 $ 1.2 $ 0.96
Diluted $ 0.29 $ 0.23 $ 1.2 $ 0.96