XML 15 R2.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Unaudited Condensed Consolidated Statements Of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Costs and Expenses $ 320,315 $ 356,246 $ 667,086 $ 791,047
REVENUE 397,594 396,307 805,395 887,693
Cost of Revenue [Abstract]        
Fuel Costs 77,639 125,436 180,558 315,166
Cost of Goods and Services Sold 44,103 36,772 82,736 86,662
OPERATING EXPENSES:        
Utilities Operating Expense, Maintenance and Operations 109,092 117,629 224,460 235,528
Depreciation and amortization 82,920 70,419 163,353 140,271
Taxes other than income taxes 6,547 5,990 14,442 13,420
Operating Income (Loss) 77,279 40,061 138,309 96,646
Allowance for equity funds used during construction 1,269 2,385 2,100 3,955
Interest Expense 43,835 35,196 87,483 70,039
Other Nonoperating Income (Expense) (1,056) 403 (750) 1,420
Nonoperating Income (Expense) (43,622) (32,408) (86,133) (64,664)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 33,657 7,653 52,176 31,982
Income Tax Expense (Benefit) 12,610 (353) 16,519 4,861
Net income 21,047 8,006 35,657 27,121
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Noncontrolling Interest (20,747) 0 (23,299) 0
Net Income (Loss) Available to Common Stockholders, Basic 41,794 8,006 58,956 27,121
Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain (Loss), Net 14 0 1,537 0
OPERATING INCOME 77,279 40,061 138,309 96,646
OTHER (EXPENSE) / INCOME, NET:        
Allowance for equity funds used during construction 1,269 2,385 2,100 3,955
Interest Expense (43,835) (35,196) (87,483) (70,039)
Other Nonoperating Income (Expense) (1,056) 403 (750) 1,420
Total other expense, net (43,622) (32,408) (86,133) (64,664)
INCOME BEFORE INCOME TAX        
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 33,657 7,653 52,176 31,982
Income Tax Expense (Benefit) 12,610 (353) 16,519 4,861
NET INCOME 21,047 8,006 35,657 27,121
NET INCOME ATTRIBUTABLE TO COMMON STOCK $ 41,794 $ 8,006 $ 58,956 $ 27,121