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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Utility revenues:        
Utility revenues, exclusive of alternative revenue programs $ 276,351 $ 276,683 $ 944,146 $ 958,750
Alternative revenue programs (3,972) 6,038 (4,023) 11,105
Total utility revenues 272,379 282,721 940,123 969,855
Non-utility revenues 267 1,049 1,345 11,208
Total operating revenues 272,646 283,770 941,468 981,063
Utility operating expenses:        
Resource costs 78,785 98,324 276,297 324,110
Other operating expenses 85,551 80,112 266,251 251,810
Merger transaction costs       19,675
Depreciation and amortization 53,953 50,052 169,282 154,445
Taxes other than income taxes 24,016 23,455 79,736 78,306
Non-utility operating expenses:        
Other operating expenses 1,697 1,450 3,716 15,137
Depreciation and amortization 146 134 569 498
Total operating expenses 244,148 253,527 795,851 843,981
Income from operations 28,498 30,243 145,617 137,082
Interest expense 25,812 25,859 77,784 77,021
Interest expense to affiliated trusts 128 334 606 1,042
Capitalized interest (1,009) (1,089) (2,979) (3,118)
Merger termination fee       (103,000)
Other expense (income)-net (2,168) 180 (2,019) (8,995)
Income before income taxes 5,735 4,959 72,225 174,132
Income tax expense (benefit) 859 (131) 1,472 28,145
Net income 4,876 5,090 70,753 145,987
Net loss attributable to noncontrolling interests       (216)
Net income attributable to Avista Corp. shareholders $ 4,876 $ 5,090 $ 70,753 $ 146,203
Weighted-average common shares outstanding (thousands), basic 68,194 66,265 67,638 65,964
Weighted-average common shares outstanding (thousands), diluted 68,337 66,351 67,769 66,050
Earnings per common share attributable to Avista Corp. shareholders:        
Basic $ 0.07 $ 0.08 $ 1.05 $ 2.22
Diluted $ 0.07 $ 0.08 $ 1.04 $ 2.21