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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating revenues:    
Operating revenues: $ 1,213,825 $ 1,430,098
Operating expenses:    
Total operation and maintenance 671,917 796,545
Purchased natural gas sold 258,602 371,015
Depreciation and amortization 55,750 52,233
Taxes, other than income 58,992 67,428
Electric fuel and purchased power 32,617 24,356
Total operating expenses 1,077,878 1,311,577
Operating income 135,947 118,521
Other income 13,787 10,374
Interest expense 28,706 23,953
Income before income taxes 121,028 104,942
Income taxes 20,130 21,067
Income from continuing operations 100,898 83,875
Discontinued operations, net of tax 0 (45,522)
Net income $ 100,898 $ 38,353
Earnings per share - basic:    
Income from continuing operations (in usd per share) $ 0.50 $ 0.41
Discontinued operations, net of tax (in usd per share) 0 (0.22)
Earnings per share - basic (in usd per share) 0.50 0.19
Earnings per share - diluted:    
Income from continuing operations (in usd per share) 0.49 0.41
Discontinued operations, net of tax (in usd per share) 0 (0.22)
Earnings per share - diluted (in usd per share) $ 0.49 $ 0.19
Weighted average common shares outstanding - basic (in shares) 203,779 203,624
Weighted average common shares outstanding - diluted (in shares) 204,187 203,910
Regulated operation    
Operating revenues:    
Operating revenues: $ 586,017 $ 673,932
Operating expenses:    
Total operation and maintenance 105,680 102,041
Income from continuing operations 73,343 64,464
Nonregulated operation    
Operating revenues:    
Operating revenues: 627,808 756,166
Operating expenses:    
Total operation and maintenance 566,237 694,504
Income from continuing operations $ 27,555 $ 19,411