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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Operating Revenues $ 39,920 $ 37,769 $ 106,965 $ 101,859
Operating Expenses:        
Operations and Maintenance 17,949 17,669 52,761 50,569
Depreciation 4,721 4,246 13,798 12,415
Other Taxes 4,073 3,871 11,318 10,913
Total Operating Expenses 26,743 25,786 77,877 73,897
Operating Income 13,177 11,983 29,088 27,962
Other Income (Expense):        
Allowance for Funds Used During Construction 953 871 2,871 2,030
Other Income (Expense), net 444 (4) 1,164 (142)
Total Other Income, net 1,397 867 4,035 1,888
Interest Charges 1,906 1,996 5,521 4,984
Income before Income Taxes 12,668 10,854 27,602 24,866
Income Taxes (69) (265) (2,516) (952)
Net Income 12,737 11,119 30,118 25,818
Preferred Stock Dividend Requirements 30 30 90 102
Earnings Applicable to Common Stock $ 12,707 $ 11,089 $ 30,028 $ 25,716
Earnings per share of Common Stock:        
Basic $ 0.73 $ 0.67 $ 1.72 $ 1.56
Diluted $ 0.72 $ 0.66 $ 1.71 $ 1.55
Average Number of Common Shares Outstanding :        
Basic 17,466 16,610 17,455 16,520
Diluted 17,581 16,757 17,570 16,673