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Consolidated Statements of Income Statement - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Operating Revenues:      
General business $ 1,151,038 $ 1,122,281 $ 1,101,728
Off-system sales 30,887 77,165 54,473
Other revenues 85,580 79,205 86,897
Total electric utility revenues 1,267,505 1,278,651 1,243,098
Other 2,784 3,873 3,116
Total operating revenues 1,270,289 1,282,524 1,246,214
Operating Expenses:      
Purchased power 226,470 244,628 220,579
Fuel expense 186,231 201,241 214,482
Power cost adjustment 16,766 22,235 (39,537)
Other operations and maintenance 342,146 354,567 348,867
Energy efficiency programs 30,532 27,154 35,636
Depreciation 138,110 132,987 129,735
Taxes other than income taxes 32,808 31,748 30,561
Total electric utility expenses 973,063 1,014,560 940,323
Other 15,129 14,268 14,149
Total operating expenses 988,192 1,028,828 954,472
Operating Income 282,097 253,696 291,742
Other Income (Expense):      
Allowance for equity funds used during construction 21,785 17,931 14,858
Earnings Losses of Unconsolidated Equity-Method Investments 11,128 12,372 11,939
Other income, net 7,159 6,328 17,013
Total other income 25,905 21,554 29,440
Interest Expense:      
Interest on long-term debt 83,056 80,562 81,492
Other interest 8,922 7,703 7,203
Allowance for borrowed funds used during construction (10,044) (8,464) (7,663)
Total interest expense, net 81,934 79,801 81,032
Income Before Income Taxes 240,235 210,526 254,520
Income Tax Expense (Benefit) 45,760 16,772 72,226
Net Income 194,475 193,754 182,294
Adjustment for (income) loss attributable to noncontrolling interests 204 (274) 123
Net Income Attributable to IDACORP, Inc. $ 194,679 $ 193,480 $ 182,417
Weighted Average Common Shares Outstanding - Basic (000’s) (in shares) 50,220 50,131 50,052
Weighted Average Common Shares Outstanding - Diluted (000’s) (in shares) 50,292 50,199 50,126
Earnings Per Share of Common Stock:      
Earnings Attributable to IDACORP, Inc. - Basic (in dollars per share) $ 3.88 $ 3.86 $ 3.64
Earnings Attributable to IDACORP, Inc. - Diluted (in dollars per share) $ 3.87 $ 3.85 $ 3.64
Idaho Power Company      
Operating Revenues:      
General business $ 1,151,038 $ 1,122,281 $ 1,101,728
Off-system sales 30,887 77,165 54,473
Other revenues 85,580 79,205 86,897
Total electric utility revenues 1,267,505 1,278,651 1,243,098
Operating Expenses:      
Purchased power 226,470 244,628 220,579
Fuel expense 186,231 201,241 214,482
Power cost adjustment 16,766 22,235 (39,537)
Other operations and maintenance 342,146 354,567 348,867
Energy efficiency programs 30,532 27,154 35,636
Depreciation 138,110 132,987 129,735
Taxes other than income taxes 32,808 31,748 30,561
Total electric utility expenses 973,063 1,014,560 940,323
Operating Income 294,442 264,091 302,775
Other Income (Expense):      
Allowance for equity funds used during construction 21,785 17,931 14,858
Earnings Losses of Unconsolidated Equity-Method Investments 9,773 10,814 10,242
Other income, net (5,071) (4,363) 5,772
Total other income 26,487 24,382 30,872
Interest Expense:      
Interest on long-term debt 83,056 80,562 81,492
Other interest 8,706 7,472 6,817
Allowance for borrowed funds used during construction (10,044) (8,464) (7,663)
Total interest expense, net 81,718 79,570 80,646
Income Before Income Taxes 239,211 208,903 253,001
Income Tax Expense (Benefit) 48,228 19,516 76,260
Net Income $ 190,983 $ 189,387 $ 176,741