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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Operating revenues:        
Operating revenues: $ 1,720,921 $ 1,423,657 $ 3,137,480 $ 2,651,595
Operating expenses:        
Operation and maintenance: 1,316,801 1,077,796 2,224,698 1,889,454
Purchased natural gas sold 115,312 63,213 382,665 239,450
Depreciation, depletion and amortization 84,758 73,661 164,880 147,384
Taxes, other than income 61,551 53,189 129,035 115,724
Electric fuel and purchased power 21,929 18,109 48,290 36,730
Total operating expenses 1,600,351 1,285,968 2,949,568 2,428,742
Operating income 120,570 137,689 187,912 222,853
Other income (expense) (4,246) 9,027 (6,646) 12,381
Interest expense 28,113 23,381 53,373 46,835
Income before income taxes 88,211 123,335 127,893 188,399
Income taxes 17,579 23,164 25,528 36,112
Income from continuing operations 70,632 100,171 102,365 152,287
Discontinued operations, net of tax 35 19 65 34
Net income $ 70,667 $ 100,190 $ 102,430 $ 152,321
Earnings per share - basic:        
Income from continuing operations $ 0.35 $ 0.50 $ 0.50 $ 0.76
Discontinued operations, net of tax 0 0 0 0
Earnings per share - basic 0.35 0.50 0.50 0.76
Earnings per share - diluted:        
Income from continuing operations 0.35 0.50 0.50 0.76
Discontinued operations, net of tax 0 0 0 0
Earnings per share - diluted $ 0.35 $ 0.50 $ 0.50 $ 0.76
Weighted average common shares outstanding - basic 203,351 201,345 203,351 201,028
Weighted average common shares outstanding - diluted 203,401 201,693 203,396 201,328
Regulated operation        
Operating revenues:        
Operating revenues: $ 323,457 $ 260,568 $ 876,913 $ 702,951
Operating expenses:        
Operation and maintenance: 94,261 89,404 191,928 183,737
Income from continuing operations 4,294 17,686 59,844 73,808
Nonregulated operation        
Operating revenues:        
Operating revenues: 1,397,464 1,163,089 2,260,567 1,948,644
Operating expenses:        
Operation and maintenance: 1,222,540 988,392 2,032,770 1,705,717
Income from continuing operations $ 66,338 $ 82,485 $ 42,521 $ 78,479