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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenues      
Electric $ 1,011,595 $ 944,428 $ 877,967
Gas 245,652 269,871 326,896
Total Revenues 1,257,247 1,214,299 1,204,863
Operating Expenses      
Cost of sales 400,973 372,864 482,591
Operating, general and administrative 302,893 297,475 305,886
Property and other taxes 148,098 133,442 114,592
Depreciation and depletion 159,336 144,702 123,776
Total Operating Expenses 1,011,300 948,483 1,026,845
Operating Income 245,947 265,816 178,018
Interest Expense, net (94,970) (92,153) (77,802)
Other Income, net 5,548 7,583 10,198
Income Before Income Taxes 156,525 181,246 110,414
Income Tax Benefit (Expense) 7,647 (30,037) 10,272
Net Income $ 164,172 $ 151,209 $ 120,686
Average Common Shares Outstanding 48,298,896 47,298,350 40,156,177
Basic Earnings per Average Common Share $ 3.40 $ 3.20 $ 3.01
Diluted Earnings per Average Common Share $ 3.39 $ 3.17 $ 2.99