XML 19 R2.htm IDEA: XBRL DOCUMENT v3.20.1
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues    
Electric $ 244,625 $ 273,037
Gas 90,630 111,183
Total Revenues 335,255 384,220
Operating Expenses    
Cost of revenue 91,272 115,735
Operating, general and administrative 79,005 81,092
Property and other taxes 44,499 44,789
Depreciation and depletion 45,265 45,584
Total Operating Expenses 260,041 287,200
Operating Income 75,214 97,020
Interest Expense, net (24,334) (23,790)
Other (Expense) Income, net (1,982) 1,149
Income Before Income Taxes 48,898 74,379
Income Tax Benefit (Expense) 1,806 (1,573)
Net Income $ 50,704 $ 72,806
Average Common Shares Outstanding 50,506,794 50,380,839
Basic Earnings per Average Common Share $ 1.00 $ 1.45
Diluted Earnings per Average Common Share 1.00 1.44
Dividends Declared per Common Share $ 0.60 $ 0.575