XML 14 R2.htm IDEA: XBRL DOCUMENT v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues        
Electric $ 279,468 $ 260,134 $ 614,951 $ 603,320
Gas 63,245 59,795 194,392 191,951
Total Revenues 342,713 319,929 809,343 795,271
Operating expenses        
Fuel, purchased supply and direct transmission expense (exclusive of depreciation and depletion shown separately below) 75,271 76,480 213,468 251,201
Utilities Operating Expense, Maintenance and Operations 62,336 57,367 119,045 111,549
Administrative and general 33,773 31,281 75,130 71,726
Property and other taxes 48,168 36,256 91,408 83,427
Depreciation and depletion 62,379 56,933 124,779 113,676
Total Operating Expenses 281,927 258,317 623,830 631,579
Operating income 60,786 61,612 185,513 163,692
Interest expense, net (36,254) (31,875) (72,765) (62,854)
Other income, net 78 6,160 4,006 10,479
Income before income taxes 24,610 35,897 116,754 111,317
Income tax expense (3,382) (4,243) (18,586) (14,577)
Net Income $ 21,228 $ 31,654 $ 98,168 $ 96,740
Average Common Shares Outstanding 61,380,777 61,288,870 61,360,252 61,277,418
Basic Earnings per Average Common Share $ 0.35 $ 0.52 $ 1.60 $ 1.58
Diluted Earnings per Average Common Share 0.35 0.52 1.60 1.58
Dividends Declared per Common Share $ 0.660 $ 0.65 $ 1.32 $ 1.300