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Selected Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Schedule of quarterly financial information

Consolidated quarterly financial information for 2019 and 2018 is provided in the tables below (dollars in thousands, except per share amounts).  Weather conditions cause significant seasonal fluctuations in our revenues; therefore, results for interim periods do not necessarily represent results expected for the year.

 
2019 Quarter Ended
 
2019
 
March 31,
 
June 30,
 
September 30,
 
December 31,
 
Total
Operating revenues
$
740,530

 
$
869,501

 
$
1,190,787

 
$
670,391

 
$
3,471,209

Operations and maintenance
245,634

 
227,543

 
238,582

 
229,857

 
941,616

Operating income
60,084

 
196,589

 
403,290

 
11,997

 
671,960

Income taxes
2,418

 
17,080

 
53,266

 
(88,537
)
 
(15,773
)
Net income
22,791

 
149,019

 
317,149

 
68,854

 
557,813

Net income attributable to common shareholders
17,918

 
144,145

 
312,276

 
63,981

 
538,320

 
 
 
 
 
 
 
 
 
 
Earnings Per Share:
 

 
 

 
 

 
 

 
 

Net income attributable to common shareholders — Basic
$
0.16

 
$
1.28

 
$
2.78

 
$
0.57

 
$
4.79

Net income attributable to common shareholders — Diluted
0.16

 
1.28

 
2.77

 
0.57

 
4.77

 
 
2018 Quarter Ended
 
2018
 
March 31,
 
June 30,
 
September 30,
 
December 31,
 
Total
Operating revenues
$
692,714

 
$
974,123

 
$
1,268,034

 
$
756,376

 
$
3,691,247

Operations and maintenance
265,682

 
268,397

 
246,545

 
256,120

 
1,036,744

Operating income
31,334

 
242,162

 
433,307

 
66,884

 
773,687

Income taxes
(1,265
)
 
44,039

 
84,333

 
6,795

 
133,902

Net income
8,094

 
171,612

 
319,885

 
30,949

 
530,540

Net income attributable to common shareholders
3,221

 
166,738

 
315,012

 
26,076

 
511,047

 
 
 
 
 
 
 
 
 
 
Earnings Per Share:
 

 
 

 
 

 
 

 
 

Net income attributable to common shareholders — Basic
$
0.03

 
$
1.49

 
$
2.81

 
$
0.23

 
$
4.56

Net income attributable to common shareholders — Diluted
0.03

 
1.48

 
2.80

 
0.23

 
4.54


APS's quarterly financial information for 2019 and 2018 is as follows (dollars in thousands):
 
 
2019 Quarter Ended
 
2019
 
March 31,
 
June 30,
 
September 30,
 
December 31,
 
Total
Operating revenues
$
740,530

 
$
869,501

 
$
1,190,787

 
$
670,391

 
$
3,471,209

Operations and maintenance
240,375

 
224,143

 
235,440

 
226,758

 
926,716

Operating income
65,377

 
200,018

 
406,465

 
15,124

 
686,984

Net income attributable to common shareholder
28,276

 
150,176

 
318,870

 
67,949

 
565,271

 
 
2018 Quarter Ended
 
2018
 
March 31,
 
June 30,
 
September 30,
 
December 31,
 
Total
Operating revenues
$
692,006

 
$
971,963

 
$
1,267,997

 
$
756,376

 
$
3,688,342

Operations and maintenance
254,601

 
251,999

 
226,346

 
236,281

 
969,227

Operating income
37,878

 
251,590

 
453,547

 
86,753

 
829,768

Net income attributable to common shareholder
9,599

 
177,825

 
338,366

 
44,475

 
570,265