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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Utility revenues:        
Utility revenues, exclusive of alternative revenue programs $ 306,398 $ 276,351 $ 1,019,756 $ 944,146
Alternative revenue programs (10,499) (3,972) (13,069) (4,023)
Total utility revenues 295,899 272,379 1,006,687 940,123
Non-utility revenues 108 267 445 1,345
Total operating revenues 296,007 272,646 1,007,132 941,468
Utility operating expenses:        
Resource costs 102,133 78,785 327,390 276,297
Other operating expenses 85,625 85,551 267,233 266,251
Depreciation and amortization 57,722 53,953 169,009 169,282
Taxes other than income taxes 25,440 24,016 82,223 79,736
Non-utility operating expenses:        
Other operating expenses 843 1,697 3,186 3,716
Depreciation and amortization 30 146 230 569
Total operating expenses 271,793 244,148 849,271 795,851
Income from operations 24,214 28,498 157,861 145,617
Interest expense 26,547 25,812 78,982 77,784
Interest expense to affiliated trusts 102 128 317 606
Capitalized interest (1,102) (1,009) (3,033) (2,979)
Other income-net (10,267) (2,168) (23,992) (2,019)
Income before income taxes 8,934 5,735 105,587 72,225
Income tax expense (benefit) (5,432) 859 9,130 1,472
Net income $ 14,366 $ 4,876 $ 96,457 $ 70,753
Weighted-average common shares outstanding (thousands), basic 70,054 68,194 69,582 67,638
Weighted-average common shares outstanding (thousands), diluted 70,129 68,337 69,722 67,769
Earnings per common share:        
Basic $ 0.21 $ 0.07 $ 1.39 $ 1.05
Diluted $ 0.20 $ 0.07 $ 1.38 $ 1.04