XML 20 R2.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Consolidated Statements of Income Statement - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating Revenues:    
Electric utility revenues $ 448,299 $ 429,338
Other 637 321
Total operating revenues 448,936 429,659
Operating Expenses:    
Purchased power 111,899 171,093
Fuel expense 92,241 89,080
Power cost adjustment 22,363 (51,337)
Other operations and maintenance 105,829 92,041
Energy efficiency programs 4,291 5,215
Depreciation 54,013 45,391
Other electric utility operating expenses 8,008 9,028
Total electric utility operating expenses 398,644 360,511
Other 696 1,045
Total operating expenses 399,340 361,556
Operating Income 49,596 68,103
Nonoperating (Income) Expense:    
Allowance for equity funds used during construction (11,152) (9,908)
Earnings of unconsolidated equity-method investments (625) (2,454)
Interest on long-term debt 33,308 24,968
Other interest 5,467 4,755
Allowance for borrowed funds used during construction (5,959) (4,228)
Other income, net (14,165) (8,149)
Total nonoperating expense, net 6,874 4,984
Income Before Income Taxes 42,722 63,119
Income Tax (Benefit) Expense (5,546) 7,095
Net Income 48,268 56,024
Adjustment for (income) loss attributable to noncontrolling interests (95) 74
Net Income Attributable to IDACORP, Inc. $ 48,173 $ 56,098
Weighted-average common shares outstanding - basic (in shares) 50,764 50,688
Weighted-average common shares outstanding - diluted (in shares) 50,792 50,723
Earnings Per Share of Common Stock:    
Earnings attributable to IDACORP, Inc. - basic (in dollars per share) $ 0.95 $ 1.11
Earnings attributable to IDACORP, Inc. - diluted (in dollars per share) $ 0.95 $ 1.11