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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Operating Revenues        
Member electric sales $ 292,259 $ 275,517 $ 574,674 $ 547,286
Non-member electric sales 25,313 25,054 60,471 55,176
Other 21,329 20,051 42,185 41,622
Total revenues 338,901 320,622 677,330 644,084
Operating expenses        
Purchased power 82,356 76,558 158,775 147,593
Fuel 58,508 51,560 119,321 112,550
Production 61,088 57,016 110,649 107,998
Transmission 40,486 39,132 74,286 75,592
General and administrative 4,841 6,392 12,021 11,502
Depreciation, amortization, and depletion 41,090 41,873 87,762 80,776
Coal mining 9,584 7,398 17,760 15,671
Other 3,978 3,690 8,768 9,020
Operating expenses 301,931 283,619 589,342 560,702
Operating margins 36,970 37,003 87,988 83,382
Other income        
Interest 1,135 1,059 2,220 2,133
Capital credits from cooperatives 151 184 4,397 4,695
Membership withdrawal 2,500   5,000  
Other income 409 694 1,429 1,735
Total other income 4,195 1,937 13,046 8,563
Interest expense, net of amounts capitalized 36,299 35,924 72,648 71,344
Income tax expense (benefit) (302) 350 (604) 350
Net margins including noncontrolling interest 5,168 2,666 28,990 20,251
Net income attributable to noncontrolling interest (377) (129) (673) (181)
Net margins attributable to the Association $ 4,791 $ 2,537 $ 28,317 $ 20,070