CHANGES IN ACCUMULATED OTHER COMPREHENSIVE INCOME (Notes)

3 Months Ended

Mar. 31, 2022

Statement of Comprehensive Income [Abstract]

CHANGES IN ACCUMULATED OTHER COMPREHENSIVE INCOME

CHANGES IN ACCUMULATED OTHER COMPREHENSIVE INCOME

The table below presents changes in components of accumulated other comprehensive income (AOCI), net of tax, during the three months ended March 31, 2022 and 2021 (in thousands). Items in parentheses indicate charges to AOCI.

	Defined Benefit Pension Items
	Three months ended March 31,
	2022		2021
Balance at beginning of period	$	(40,040)	$	(43,358)
Amounts reclassified out of AOCI	837		836
Balance at end of period	$	(39,203)	$	(42,522)

The table below presents amounts reclassified out of components of AOCI and the income statement location of those amounts reclassified during the three months ended March 31, 2022 and 2021 (in thousands). Items in parentheses indicate increases to net income.

	Amount Reclassified from AOCI
Details About AOCI	Three months ended March 31,
	2022		2021
Amortization of defined benefit pension items(1)
Prior service cost	$	70	$	74
Net loss	1,057		1,051
Total before tax	1,127		1,125
Tax benefit(2)	(290)		(289)
Total reclassification for the period, net of tax	$	837	$	836

(1) Amortization of these items is included in IDACORP's condensed consolidated income statements in other operating expenses and in Idaho Power's condensed consolidated statements of income in other expense, net.

(2) The tax benefit is included in income tax expense in the condensed consolidated statements of income of both IDACORP and Idaho Power.