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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Operating revenues        
Other $ 12,128 $ 13,666 $ 39,540 $ 38,337
Operating revenues 399,053 398,157 1,053,558 1,044,178
Operating expenses        
Purchased power 103,525 106,166 252,948 271,187
Fuel 67,374 67,840 204,271 168,081
Production 48,619 52,558 148,457 165,750
Transmission 42,305 40,291 122,329 122,255
General and administrative 12,978 6,398 35,887 22,923
Depreciation, amortization and depletion 40,590 38,977 116,879 118,620
Coal mining 1,675 637 7,824 637
Other 4,640 3,897 12,154 11,317
Operating expenses 321,706 316,764 900,749 880,770
Operating margins 77,347 81,393 152,809 163,408
Other income        
Interest 1,364 1,323 4,156 3,762
Capital credits from cooperatives 1,186 1,272 4,520 5,472
Other 14,314 1,466 16,226 3,609
Total other income 16,864 4,061 24,902 12,843
Interest expense, net of amounts capitalized 38,030 38,377 113,954 115,380
Income tax benefit (77) (151) (231) (453)
Net margins including noncontrolling interest 56,258 47,228 63,988 61,324
Net income attributable to noncontrolling interest (1,113) (830) (3,239) (2,454)
Net margins attributable to the Association 55,145 46,398 60,749 58,870
Member electric sales        
Operating revenues        
Operating revenues 358,586 353,487 942,175 942,916
Non-member electric sales        
Operating revenues        
Operating revenues $ 28,339 $ 31,004 $ 71,843 $ 62,925