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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenues        
Electric $ 274,785 $ 266,629 $ 774,890 $ 756,374
Gas 35,148 34,369 186,214 170,283
Total Revenues 309,933 300,998 961,104 926,657
Operating Expenses        
Cost of sales 97,507 96,156 301,324 293,283
Operating, general and administrative 70,244 68,290 226,394 220,730
Property and other taxes 39,111 40,673 118,520 111,302
Depreciation and depletion 41,525 39,763 124,481 119,551
Total Operating Expenses 248,387 244,882 770,719 744,866
Operating Income 61,546 56,116 190,385 181,791
Interest Expense, net (23,149) (21,049) (69,957) (71,979)
Other Income (Loss) 790 (121) 4,413 4,176
Income Before Income Taxes 39,187 34,946 124,841 113,988
Income Tax (Expense) Benefit (2,775) 9,659 (10,032) 6,053
Net Income $ 36,412 $ 44,605 $ 114,809 $ 120,041
Average Common Shares Outstanding 48,486,899 48,314,783 48,441,463 48,288,678
Basic Earnings per Average Common Share $ 0.75 $ 0.92 $ 2.37 $ 2.49
Diluted Earnings per Average Common Share 0.75 0.92 2.37 2.48
Dividends Declared per Common Share $ 0.525 $ 0.50 $ 1.575 $ 1.50