XML 80 R59.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Income Taxes - Summary of Significant Factors Impact on Difference Between Effective Tax Rate and Federal Statutory Rate (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Income Tax Disclosure [Abstract]        
Federal income taxes at statutory rates $ 4,904 $ 2,452 $ 20,402 $ 12,577
Flow through related to deduction of meters and mixed service costs (2,898) (5,689) (11,683) (19,212)
Tax effect of regulatory treatment of utility plant differences (1,463) (1,525) (5,974) (5,212)
State income tax expense 179 232 718 798
Tax credits (94) (1,135) (400) (1,135)
Other (133) (145) (262) (254)
Total income tax expense (benefit) $ 495 $ (5,810) $ 2,801 $ (12,438)
Federal income taxes at statutory rates 21.00% 21.00% 21.00% 21.00%
Flow through related to deduction of meters and mixed service costs (12.40%) (48.70%) (12.00%) (32.10%)
Tax effect of regulatory treatment of utility plant differences (6.30%) (13.10%) (6.10%) (8.70%)
State income tax expense 0.80% 2.00% 0.70% 1.30%
Tax credits (0.40%) (9.70%) (0.40%) (1.90%)
Other (0.60%) (1.30%) (0.30%) (0.40%)
Total income tax benefit 2.10% (49.80%) 2.90% (20.80%)