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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenues    
Electric $ 266,239 $ 241,342
Gas 101,073 91,197
Total Revenues 367,312 332,539
Operating Expenses    
Cost of sales 119,817 115,434
Operating, general and administrative 80,962 79,861
Property and other taxes 39,928 35,421
Depreciation and depletion 41,461 39,890
Total Operating Expenses 282,168 270,606
Operating Income 85,144 61,933
Interest Expense, net (23,400) (24,509)
Other Income 1,500 3,102
Income Before Income Taxes 63,244 40,526
Income Tax Expense (6,677) (659)
Net Income $ 56,567 $ 39,867
Average Common Shares Outstanding 48,385,738 48,242,307
Basic Earnings per Average Common Share $ 1.17 $ 0.83
Diluted Earnings per Average Common Share 1.17 0.82
Dividends Declared per Common Share $ 0.525 $ 0.50