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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues      
Electric $ 1,200,701 $ 1,068,833 $ 1,106,565
Gas 313,197 353,310 371,272
Total Revenues 1,513,898 1,422,143 1,477,837
Utilities Operating Expense, Fuel Used 433,816 420,262 492,011
Operating Expenses      
Operating and maintenance 227,836 220,524 221,427
Administrative and general 137,437 117,360 113,776
Property and other taxes 163,853 153,068 192,524
Depreciation and depletion 227,635 210,474 195,020
Total Operating Expenses 1,190,577 1,121,688 1,214,758
Operating Income 323,321 300,455 263,079
Interest Expense, net (131,673) (114,617) (100,110)
Other Income, net 23,024 15,832 19,434
Income Before Income Taxes 214,672 201,670 182,403
Income Tax Benefit (Expense) 9,439 (7,539) 605
Net Income $ 224,111 $ 194,131 $ 183,008
Average Common Shares Outstanding 61,293,052 60,321,481 55,769,156
Basic Earnings per Average Common Share $ 3.66 $ 3.22 $ 3.28
Diluted Earnings per Average Common Share $ 3.65 $ 3.22 $ 3.25