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STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues $ 1,652,730 $ 1,633,731 $ 1,539,633
Cost of natural gas 687,974 714,636 614,501
Operating expenses      
Operations and maintenance 429,126 411,702 399,290
Depreciation and amortization 180,395 160,086 151,889
General taxes 59,977 58,878 57,225
Total operating expenses 669,498 630,666 608,404
Operating income 295,258 288,429 316,728
Other expense, net (2,976) (11,359) (14,525)
Interest expense, net (62,681) (51,305) (46,065)
Income before income taxes 229,601 225,765 256,138
Income taxes (42,852) (53,531) (93,143)
Net income $ 186,749 $ 172,234 $ 162,995
Earnings per share      
Basic $ 3.53 $ 3.27 $ 3.10
Diluted $ 3.51 $ 3.25 $ 3.08
Average shares (thousands)      
Basic 52,895 52,693 52,527
Diluted 53,240 53,029 52,979
Dividends declared per share of stock $ 2.00 $ 1.84 $ 1.68