SEGMENT INFORMATION:

6 Months Ended

Jun. 30, 2021

Segment Reporting, Measurement Disclosures [Abstract]

Segment Information

SEGMENT INFORMATION

IDACORP’s only reportable segment is utility operations. The utility operations segment’s primary source of revenue is the regulated operations of Idaho Power. Idaho Power’s regulated operations include the generation, transmission, distribution, purchase, and sale of electricity. This segment also includes income from IERCo, a wholly-owned subsidiary of Idaho Power that is also subject to regulation and is a one-third owner of BCC, an unconsolidated joint venture.

IDACORP’s other operating segments are below the quantitative and qualitative thresholds for reportable segments and are included in the "All Other" category in the table below. This category is comprised of IFS’s investments in affordable housing and other real estate tax credit projects, Ida-West’s joint venture investments in small hydropower generation projects, and IDACORP’s holding company expenses.

The table below summarizes the segment information for IDACORP’s utility operations and the total of all other segments, and reconciles this information to total enterprise amounts (in thousands). 

	Utility Operations		All Other		Eliminations		Consolidated Total
Three months ended June 30, 2021:
Revenues	$	359,058	1,016		$	—	$	360,074
Net income attributable to IDACORP, Inc.	68,822		1,201		—		70,023
Total assets as of June 30, 2021	7,006,991		250,549		(56,082)		7,201,458
Three months ended June 30, 2020:
Revenues	$	317,666	$	1,100	$	—	$	318,766
Net income attributable to IDACORP, Inc.	58,923		1,466		—		60,389
Six months ended June 30, 2021:
Revenues	$	674,625	$	1,502	$	—	$	676,127
Net income attributable to IDACORP, Inc.	113,191		1,663		—		114,854
Six months ended June 30, 2020:
Revenues	$	608,154	$	1,620	$	—	$	609,774
Net income attributable to IDACORP, Inc.	95,700		2,179		—		97,879