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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Utility revenues:    
Utility revenues, exclusive of alternative revenue programs $ 478,703 $ 412,182
Alternative revenue programs (16,777) 499
Total utility revenues 461,926 412,681
Non-utility revenues 120 189
Total operating revenues 462,046 412,870
Utility operating expenses:    
Resource costs 186,868 134,579
Other operating expenses 94,527 87,555
Depreciation and amortization 62,577 55,221
Taxes other than income taxes 34,117 32,309
Non-utility operating expenses:    
Other operating expenses 956 1,184
Depreciation and amortization 32 127
Total operating expenses 379,077 310,975
Income from operations 82,969 101,895
Interest expense 28,067 26,304
Interest expense to affiliated trusts 117 109
Capitalized interest (1,093) (1,015)
Other income-net (4,851) (3,684)
Income before income taxes 60,729 80,181
Income tax expense (benefit) (10,836) 12,164
Net income $ 71,565 $ 68,017
Weighted-average common shares outstanding (thousands), basic 71,787 69,293
Weighted-average common shares outstanding (thousands), diluted 71,930 69,506
Earnings per common share:    
Basic $ 1.00 $ 0.98
Diluted $ 0.99 $ 0.98