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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenues    
Electric $ 238,342,000 $ 266,239,000
Gas 103,160,000 101,073,000
Total Revenues 341,502,000 367,312,000
Operating Expenses    
Cost of sales 96,077,000 119,817,000
Operating, general and administrative 74,345,000 78,334,000
Property and other taxes 42,813,000 39,928,000
Depreciation and depletion 43,755,000 41,461,000
Total Operating Expenses 256,990,000 279,540,000
Operating Income 84,512,000 87,772,000
Interest Expense, net (22,970,000) (23,400,000)
Other Expense, net (1,129,000) (1,128,000)
Income Before Income Taxes 60,413,000 63,244,000
Income Tax Expense (1,914,000) (6,677,000)
Net Income $ 58,499,000 $ 56,567,000
Average Common Shares Outstanding 49,416,230 48,385,738
Basic Earnings per Average Common Share $ 1.18 $ 1.17
Diluted Earnings per Average Common Share 1.18 1.17
Dividends Declared per Common Share $ 0.550 $ 0.525