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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Operating Revenues        
Member electric sales $ 346,802 $ 326,251 $ 921,476 $ 873,537
Non-member electric sales 25,354 29,039 85,825 84,215
Other 24,355 23,062 66,540 64,684
Total revenues 396,511 378,352 1,073,841 1,022,436
Operating expenses        
Purchased power 100,547 99,312 259,322 246,905
Fuel 68,337 67,839 187,658 180,389
Production 46,756 51,699 157,405 159,697
Transmission 38,752 41,383 113,038 116,975
General and administrative 7,326 6,463 19,347 17,965
Depreciation, amortization, and depletion 43,332 45,314 131,094 126,090
Coal mining 12,330 10,174 30,090 25,845
Other 4,185 3,969 12,953 12,989
Operating expenses 321,565 326,153 910,907 886,855
Operating margins 74,946 52,199 162,934 135,581
Other income        
Interest 1,177 1,094 3,397 3,227
Capital credits from cooperatives 1,323 1,105 5,720 5,800
Membership withdrawal     5,000  
Other income 1,118 864 2,547 2,599
Total other income 3,618 3,063 16,664 11,626
Interest expense, net of amounts capitalized 37,289 37,041 109,937 108,385
Income tax expense (benefit) (259) 350 (863) 700
Net margins including noncontrolling interest 41,534 17,871 70,524 38,122
Net income attributable to noncontrolling interest (736) (132) (1,409) (313)
Net margins attributable to the Association $ 40,798 $ 17,739 $ 69,115 $ 37,809