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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Utility revenues:        
Utility revenues, exclusive of alternative revenue programs $ 374,285 $ 384,214 $ 867,828 $ 862,917
Alternative revenue programs 5,513 (5,793) (13,525) (22,570)
Total utility revenues 379,798 378,421 854,303 840,347
Non-utility revenues 139 145 265 265
Total operating revenues 379,937 378,566 854,568 840,612
Utility operating expenses:        
Resource costs 141,244 157,397 334,172 344,265
Other operating expenses 103,071 104,482 208,049 199,009
Depreciation and amortization 66,148 62,806 131,336 125,383
Taxes other than income taxes 24,917 26,658 58,811 60,775
Non-utility operating expenses 749 2,940 1,791 3,928
Total operating expenses 336,129 354,283 734,159 733,360
Income from operations 43,808 24,283 120,409 107,252
Capitalized interest (866) (932) (1,708) (2,025)
Other income-net (2,626) (13,934) (9,055) (18,785)
Income before income taxes 11,674 10,454 59,891 71,183
Income tax benefit (5,810) (999) (12,438) (11,835)
Net income $ 17,484 $ 11,453 $ 72,329 $ 83,018
Weighted-average common shares outstanding (thousands), basic 75,983 72,624 75,576 72,205
Weighted-average common shares outstanding (thousands), diluted 76,131 72,658 75,703 72,294
Earnings per common share:        
Basic $ 0.23 $ 0.16 $ 0.96 $ 1.15
Diluted $ 0.23 $ 0.16 $ 0.96 $ 1.15
Non Affiliated Trusts [Member]        
Utility operating expenses:        
Interest expense $ 35,018 $ 28,518 $ 70,102 $ 56,585
Affiliated Trusts [Member]        
Utility operating expenses:        
Interest expense $ 608 $ 177 $ 1,179 $ 294