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Consolidated Statements of Income Statement - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Operating Revenues:      
Electric utility revenues $ 1,342,940 $ 1,366,582 $ 1,344,893
Other operating revenues 3,443 4,170 4,593
Total operating revenues 1,346,383 1,370,752 1,349,486
Operating Expenses:      
Purchased power 285,266 293,814 248,950
Fuel expense 156,872 133,198 145,829
Power cost adjustment 2,047 42,106 52,024
Other operations and maintenance 355,770 364,456 346,695
Energy efficiency programs 40,128 35,703 39,241
Depreciation 169,210 165,190 162,091
Taxes other than income taxes 34,044 34,792 34,089
Total electric utility expenses 1,043,337 1,069,259 1,028,919
Other 4,720 4,571 5,022
Total operating expenses 1,048,057 1,073,830 1,033,941
Operating Income 298,326 296,922 315,545
Other Income (Expense):      
Allowance for equity funds used during construction 27,112 24,353 20,784
Earnings of unconsolidated equity-method investments 12,370 12,449 11,374
Other expense, net 6,502 (2,867) (2,109)
Total other income 20,363 11,645 12,547
Interest Expense:      
Interest on long-term debt 82,457 84,408 81,198
Other interest 14,721 11,691 11,242
Allowance for borrowed funds used during construction (10,703) (10,151) (8,694)
Total interest expense, net 86,475 85,948 83,746
Income Before Income Taxes 257,835 244,909 261,848
Income Tax Expense 24,507 17,386 48,660
Net Income 233,328 227,523 213,188
Adjustment for income attributable to noncontrolling interests (474) (722) (769)
Net Income Attributable to IDACORP, Inc. $ 232,854 $ 226,801 $ 212,419
Weighted Average Common Shares Outstanding - Basic (000’s) (in shares) 50,502 50,432 50,361
Weighted Average Common Shares Outstanding - Diluted (000’s) (in shares) 50,537 50,510 50,424
Earnings Per Share of Common Stock:      
Earnings Attributable to IDACORP, Inc. - Basic (in dollars per share) $ 4.61 $ 4.50 $ 4.22
Earnings Attributable to IDACORP, Inc. - Diluted (in dollars per share) $ 4.61 $ 4.49 $ 4.21
Idaho Power Company      
Operating Revenues:      
Electric utility revenues $ 1,342,940 $ 1,366,582 $ 1,344,893
Operating Expenses:      
Purchased power 285,266 293,814 248,950
Fuel expense 156,872 133,198 145,829
Power cost adjustment 2,047 42,106 52,024
Other operations and maintenance 355,770 364,456 346,695
Energy efficiency programs 40,128 35,703 39,241
Depreciation 169,210 165,190 162,091
Taxes other than income taxes 34,044 34,792 34,089
Total electric utility expenses 1,043,337 1,069,259 1,028,919
Operating Income 299,603 297,323 315,974
Other Income (Expense):      
Allowance for equity funds used during construction 27,112 24,353 20,784
Earnings of unconsolidated equity-method investments 10,285 10,712 9,267
Other expense, net 2,266 (5,851) (4,756)
Total other income 39,663 29,214 25,295
Interest Expense:      
Interest on long-term debt 82,457 84,408 81,198
Other interest 14,658 11,634 11,156
Allowance for borrowed funds used during construction (10,703) (10,151) (8,694)
Total interest expense, net 86,412 85,891 83,660
Income Before Income Taxes 252,854 240,646 257,609
Income Tax Expense 28,417 18,312 51,262
Net Income $ 224,437 $ 222,334 $ 206,347