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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenues    
Electric $ 273,037 $ 238,342
Gas 111,183 103,160
Total Revenues 384,220 341,502
Operating Expenses    
Cost of sales 115,735 96,077
Operating, general and administrative 81,092 74,345
Property and other taxes 44,789 42,813
Depreciation and depletion 45,584 43,755
Total Operating Expenses 287,200 256,990
Operating Income 97,020 84,512
Interest Expense, net (23,790) (22,970)
Other Income (Expense), net 1,149 (1,129)
Income Before Income Taxes 74,379 60,413
Income Tax Expense (1,573) (1,914)
Net Income $ 72,806 $ 58,499
Average Common Shares Outstanding 50,380,839 49,416,230
Basic Earnings per Average Common Share $ 1.45 $ 1.18
Diluted Earnings per Average Common Share 1.44 1.18
Dividends Declared per Common Share $ 0.575 $ 0.550