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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Operating Revenues        
Member electric sales $ 275,517 $ 257,292 $ 547,286 $ 524,831
Non-member electric sales 26,666 29,785 56,788 64,848
Other 20,051 18,836 41,622 44,625
Total revenues 322,234 305,913 645,696 634,304
Operating expenses        
Purchased power 78,170 71,284 149,205 144,421
Fuel 51,560 35,569 112,550 96,844
Production 57,016 70,377 107,998 123,897
Transmission 39,132 37,972 75,592 75,071
General and administrative 6,392 5,472 11,502 11,623
Depreciation, amortization and depletion 41,873 35,968 80,776 70,946
Coal mining 7,398 7,116 15,671 15,943
Other 3,690 3,605 9,020 7,625
Operating expenses 285,231 267,363 562,314 546,370
Operating margins 37,003 38,550 83,382 87,934
Other income        
Interest Income 1,059 1,087 2,133 2,170
Capital credits from cooperatives 184 947 4,695 5,241
Other income 694 503 1,735 1,851
Total other income 1,937 2,537 8,563 9,262
Interest expense, net of amounts capitalized 35,924 34,910 71,344 71,073
Income taxes 350 0 350 0
Net margins including noncontrolling interest 2,666 6,177 20,251 26,123
Net (income) loss attributable to noncontrolling interest (129) 107 (181) 287
Net margins attributable to the Association $ 2,537 $ 6,284 $ 20,070 $ 26,410