XML 17 R2.htm IDEA: XBRL DOCUMENT v3.25.3
Cleco Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Operating revenue        
Electric operations $ 371,356 $ 312,397 $ 930,950 $ 793,038
Other operations 35,414 28,784 92,825 79,565
Gross operating revenue 406,770 341,181 1,023,775 872,603
Electric customer credits 0 (1,046) 0 (3,441)
Operating revenue, net 406,770 340,135 1,023,775 869,162
Operating expenses        
Fuel used for electric generation 119,113 69,792 225,693 187,891
Purchased power 28,574 28,083 114,699 93,958
Other operations and maintenance 67,572 60,365 190,152 182,343
Depreciation and amortization 54,466 50,293 157,581 195,160
Taxes other than income taxes 16,838 15,633 46,807 45,949
Total operating expenses 286,563 224,166 734,932 705,301
Operating income 120,207 115,969 288,843 163,861
Interest income 4,062 6,366 15,227 10,427
Allowance for equity funds used during construction 780 977 2,213 1,758
Equity income from investees, before tax     0 672
Other income (expense), net 3,034 1,331 3,153 (9,290)
Interest charges        
Interest charges, net 38,732 37,941 114,554 122,019
Allowance for borrowed funds used during construction (698) (505) (2,447) (2,899)
Total interest charges 38,034 37,436 112,107 119,120
Income from continuing operations before income taxes 90,049 87,207 197,329 48,308
Federal and state income tax expense (benefit) 17,789 (6,643) 36,860 (4,928)
Income from continuing operations, net of income taxes 72,260 93,850 160,469 53,236
Income from discontinued operations, net of income taxes 0 742 0 45,415
Net income $ 72,260 $ 94,592 $ 160,469 $ 98,651