XML 14 R2.htm IDEA: XBRL DOCUMENT v3.20.2
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues        
Electric $ 217,938 $ 219,659 $ 462,563 $ 492,696
Gas 51,422 51,060 142,052 162,243
Total Revenues 269,360 270,719 604,615 654,939
Operating Expenses        
Cost of revenue 61,043 55,744 152,315 171,479
Operating, general and administrative 71,715 80,826 150,720 161,918
Property and other taxes 46,981 44,310 91,480 89,099
Depreciation and depletion 44,782 41,016 90,047 86,600
Total Operating Expenses 224,521 221,896 484,562 509,096
Operating Income 44,839 48,823 120,053 145,843
Interest Expense, net (24,287) (23,511) (48,621) (47,301)
Other Income (Expense), net 224 124 (1,758) 1,273
Income Before Income Taxes 20,776 25,436 69,674 99,815
Income Tax Benefit 718 22,226 2,524 20,653
Net Income $ 21,494 $ 47,662 $ 72,198 $ 120,468
Average Common Shares Outstanding 50,569,725 50,440,685 50,538,260 50,410,928
Basic Earnings per Average Common Share $ 0.43 $ 0.94 $ 1.43 $ 2.39
Diluted Earnings per Average Common Share 0.43 0.94 1.43 2.38
Dividends Declared per Common Share $ 0.600 $ 0.575 $ 1.20 $ 1.15