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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Revenues    
Electric $ 241,342 $ 236,046
Gas 91,197 109,965
Total Revenues 332,539 346,011
Operating Expenses    
Cost of sales 115,434 112,391
Operating, general and administrative 79,861 81,123
Property and other taxes 35,421 32,787
Depreciation and depletion 39,890 35,819
Total Operating Expenses 270,606 262,120
Operating Income 61,933 83,891
Interest Expense, net (24,509) (23,115)
Other Income 3,102 665
Income Before Income Taxes 40,526 61,441
Income Tax Expense (2,472) (10,016)
Net Income $ 38,054 $ 51,425
Average Common Shares Outstanding 48,242,307 46,976,989
Basic Earnings per Average Common Share $ 0.79 $ 1.09
Diluted Earnings per Average Common Share 0.79 1.09
Dividends Declared per Common Share $ 0.50 $ 0.48