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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Operating revenues:      
Operating revenues $ 4,531,552 $ 4,443,351 $ 4,128,828
Operating expenses:      
Operation and maintenance: 3,256,121 3,135,466 2,893,510
Purchased natural gas sold 404,153 430,954 382,753
Depreciation, depletion and amortization 220,205 207,486 216,318
Taxes, other than income 168,638 166,673 151,826
Electric fuel and purchased power 80,712 78,724 75,512
Total operating expenses 4,129,829 4,019,303 3,719,919
Operating income 401,723 424,048 408,909
Other income (expense) (238) 8,767 5,167
Interest expense 84,614 82,788 87,848
Income before income taxes 316,871 350,027 326,228
Income taxes 47,485 65,041 93,132
Income from continuing operations 269,386 284,986 233,096
Income (loss) from discontinued operations, net of tax (Note 4) 2,932 (3,783) (300,354)
Net income (loss) 272,318 281,203 (67,258)
Loss from discontinued operations attributable to noncontrolling interest (Note 4) 0 0 (131,691)
Loss on redemption of preferred stocks (Note 10) 0 600 0
Dividends declared on preferred stocks 0 171 685
Earnings on common stock $ 272,318 $ 280,432 $ 63,748
Earnings per common share - basic:      
Earnings before discontinued operations $ 1.38 $ 1.46 $ 1.19
Discontinued operations attributable to the Company, net of tax 0.01 (0.02) (0.86)
Earnings per common share - basic 1.39 1.44 0.33
Earnings per common share - diluted:      
Earnings before discontinued operations 1.38 1.45 1.19
Discontinued operations attributable to the Company, net of tax 0.01 (0.02) (0.86)
Earnings per common share - diluted $ 1.39 $ 1.43 $ 0.33
Weighted average common shares outstanding - basic 195,720 195,304 195,299
Weighted average common shares outstanding - diluted 196,150 195,687 195,618
Regulated:      
Operating revenues:      
Operating revenues $ 1,213,227 $ 1,244,759 $ 1,141,454
Operating expenses:      
Operation and maintenance: 340,331 326,687 312,211
Nonregulated:      
Operating revenues:      
Operating revenues 3,318,325 3,198,592 2,987,374
Operating expenses:      
Operation and maintenance: $ 2,915,790 $ 2,808,779 $ 2,581,299