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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Operating revenue:        
Electric $ 537,543 $ 495,321 $ 1,736,335 $ 1,622,664
Natural gas 111,516 114,458 691,685 601,309
Other 11,318 8,499 29,356 25,170
Total operating revenue 660,377 618,278 2,457,376 2,249,143
Energy costs:        
Purchased electricity 115,881 94,849 425,263 356,296
Electric generation fuel 66,584 70,503 152,057 165,627
Residential exchange (14,246) (15,577) (52,814) (49,093)
Purchased natural gas 32,224 34,041 248,208 205,418
Unrealized (gain) loss on derivative instruments, net (23) 6,327 23,098 (57,218)
Utility operations and maintenance 141,003 138,265 438,622 422,273
Non-utility expense and other 7,319 4,708 18,658 15,520
Depreciation and amortization 120,829 110,022 355,538 328,809
Conservation amortization 25,395 21,800 85,847 77,551
Taxes other than income taxes 66,367 65,268 262,099 235,431
Total operating expenses 561,333 530,206 1,956,576 1,700,614
Operating income (loss) 99,044 88,072 500,800 548,529
Other income (deductions):        
Other income 7,151 6,130 19,375 19,187
Other expense (2,878) (5,025) (6,134) (8,488)
Non-hedged interest rate swap (expense) income 0 563 28 (651)
Interest charges:        
AFUDC 3,123 2,702 7,853 7,663
Interest expense (88,780) (89,297) (265,771) (266,786)
Income (loss) before income taxes 17,660 3,145 256,151 299,454
Income tax (benefit) expense 4,824 810 80,489 91,380
Net income (loss) 12,836 2,335 175,662 208,074
Subsidiaries [Member]        
Operating revenue:        
Electric 537,543 495,321 1,736,335 1,622,664
Natural gas 111,516 114,458 691,685 601,309
Other 11,318 8,815 29,356 25,487
Total operating revenue 660,377 618,594 2,457,376 2,249,460
Energy costs:        
Purchased electricity 115,881 94,849 425,263 356,296
Electric generation fuel 66,584 70,503 152,057 165,627
Residential exchange (14,246) (15,577) (52,814) (49,093)
Purchased natural gas 32,224 34,041 248,208 205,418
Unrealized (gain) loss on derivative instruments, net (23) 6,327 23,098 (57,218)
Utility operations and maintenance 141,003 138,265 438,622 422,273
Non-utility expense and other 9,994 8,620 27,857 26,474
Depreciation and amortization 120,829 110,022 355,538 328,809
Conservation amortization 25,395 21,800 85,847 77,551
Taxes other than income taxes 66,367 65,268 262,099 235,431
Total operating expenses 564,008 534,118 1,965,775 1,711,568
Operating income (loss) 96,369 84,476 491,601 537,892
Other income (deductions):        
Other income 6,778 6,131 18,861 19,184
Other expense (2,878) (5,025) (6,134) (8,488)
Interest charges:        
AFUDC 3,123 2,702 7,853 7,663
Interest expense (59,868) (60,914) (180,320) (182,336)
Income (loss) before income taxes 43,524 27,370 331,861 373,915
Income tax (benefit) expense 14,424 8,393 109,015 117,533
Net income (loss) $ 29,100 $ 18,977 $ 222,846 $ 256,382