XML 13 R2.htm IDEA: XBRL DOCUMENT v3.22.1
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues    
Electric $ 271,727 $ 270,071
Gas 122,755 130,732
Total Revenues 394,482 400,803
Fuel, purchased supply and direct transmission expense (exclusive of depreciation and depletion shown separately below) 135,073 144,513
Operating expenses    
Operating and maintenance 52,794 51,797
Administrative and general 31,644 29,055
Property and other taxes 46,850 47,478
Depreciation and depletion 48,905 46,975
Total Operating Expenses 315,266 319,818
Operating income 79,216 80,985
Interest expense, net (23,716) (23,510)
Other income, net 4,721 5,574
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total 60,221 63,049
Income tax (expense) benefit (1,111) 22
Net Income $ 59,110 $ 63,071
Average Common Shares Outstanding 54,096,768 50,631,448
Basic Earnings per Average Common Share $ 1.09 $ 1.25
Diluted Earnings per Average Common Share 1.08 1.24
Dividends Declared per Common Share $ 0.630 $ 0.62