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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Operating revenues        
Other $ 12,371 $ 21,329 $ 24,671 $ 42,185
Operating revenues 327,513 338,901 646,021 677,330
Operating expenses        
Purchased power 81,563 82,356 165,021 158,775
Fuel 48,301 58,508 100,241 119,321
Production 62,397 61,088 113,192 110,649
Transmission 41,900 40,486 81,964 74,286
General and administrative 8,797 4,841 16,525 12,021
Depreciation, amortization and depletion 39,555 41,090 79,643 87,762
Coal mining   9,584   17,760
Other 3,284 3,978 7,420 8,768
Operating expenses 285,797 301,931 564,006 589,342
Operating margins 41,716 36,970 82,015 87,988
Other income (expense)        
Interest 1,236 1,135 2,439 2,220
Capital credits from cooperatives 145 151 4,200 4,397
Membership withdrawal   2,500   5,000
Other, net 939 409 2,143 1,429
Total other income 2,320 4,195 8,782 13,046
Interest expense, net of amounts capitalized 38,982 36,299 77,003 72,648
Income tax benefit (151) (302) (302) (604)
Net margins including noncontrolling interest 5,205 5,168 14,096 28,990
Net income attributable to noncontrolling interest (827) (377) (1,624) (673)
Net margins attributable to the Association 4,378 4,791 12,472 28,317
Member electric sales        
Operating revenues        
Operating revenues 300,083 292,259 589,429 574,674
Non-member electric sales        
Operating revenues        
Operating revenues $ 15,059 $ 25,313 $ 31,921 $ 60,471