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STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenues $ 1,633,731 $ 1,539,633 $ 1,427,232
Cost of natural gas 714,636 614,501 541,797
Operating expenses      
Operations and maintenance 411,702 399,290 397,315
Depreciation and amortization 160,086 151,889 143,829
General taxes 58,878 57,225 55,344
Total operating expenses 630,666 608,404 596,488
Operating income 288,429 316,728 288,947
Other expense, net (11,359) (14,525) (19,870)
Interest expense, net (51,305) (46,065) (43,739)
Income before income taxes 225,765 256,138 225,338
Income taxes (53,531) (93,143) (85,243)
Net income $ 172,234 $ 162,995 $ 140,095
Earnings per share      
Basic $ 3.27 $ 3.10 $ 2.67
Diluted $ 3.25 $ 3.08 $ 2.65
Average shares (thousands)      
Basic 52,693 52,527 52,453
Diluted 53,029 52,979 52,963
Dividends declared per share of stock $ 1.84 $ 1.68 $ 1.40