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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Operating revenues:        
Operating revenues: $ 1,586,013 $ 1,587,289 $ 4,237,608 $ 4,147,591
Operating expenses:        
Operation and maintenance: 1,212,898 1,214,019 3,102,353 3,064,189
Purchased natural gas sold 41,135 31,524 280,584 253,780
Depreciation, depletion and amortization 75,229 72,084 222,613 212,832
Taxes, other than income 48,096 50,501 163,819 167,197
Electric fuel and purchased power 19,486 15,450 56,216 50,557
Total operating expenses 1,396,844 1,383,578 3,825,585 3,748,555
Operating income 189,169 203,711 412,023 399,036
Other income 5,930 4,612 18,310 13,669
Interest expense 23,389 23,761 70,224 73,132
Income before income taxes 171,710 184,562 360,109 339,573
Income taxes 32,748 31,547 68,860 61,178
Income from continuing operations 138,962 153,015 291,249 278,395
Income (loss) from discontinued operations, net of tax 314 63 348 (484)
Net income $ 139,276 $ 153,078 $ 291,597 $ 277,911
Earnings per share - basic:        
Income from continuing operations $ 0.68 $ 0.76 $ 1.44 $ 1.39
Discontinued operations, net of tax 0 0 0 0
Earnings per share - basic 0.68 0.76 1.44 1.39
Earnings per share - diluted:        
Income from continuing operations 0.68 0.76 1.44 1.39
Discontinued operations, net of tax 0 0 0 0
Earnings per share - diluted $ 0.68 $ 0.76 $ 1.44 $ 1.39
Weighted average common shares outstanding - basic 202,863 200,522 201,647 200,495
Weighted average common shares outstanding - diluted 203,190 200,619 201,955 200,515
Regulated operation        
Operating revenues:        
Operating revenues: $ 237,065 $ 210,115 $ 940,017 $ 870,151
Operating expenses:        
Operation and maintenance: 90,058 89,080 273,796 259,791
Income from continuing operations 15,399 6,985 89,207 77,991
Nonregulated operation        
Operating revenues:        
Operating revenues: 1,348,948 1,377,174 3,297,591 3,277,440
Operating expenses:        
Operation and maintenance: 1,122,840 1,124,939 2,828,557 2,804,398
Income from continuing operations $ 123,563 $ 146,030 $ 202,042 $ 200,404