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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Operating revenue:    
Electric $ 699,686 $ 668,984
Natural gas 330,284 400,065
Other 8,038 8,183
Total operating revenue 1,038,008 1,077,232
Energy costs:    
Purchased electricity 154,206 179,582
Electric generation fuel 42,423 51,310
Residential exchange (23,943) (23,447)
Purchased natural gas 127,615 152,801
Unrealized (gain) loss on derivative instruments, net (996) 19,288
Utility operations and maintenance 160,524 152,030
Non-utility expense and other 12,830 5,195
Depreciation and amortization 184,512 115,253
Conservation amortization 36,864 34,761
Taxes other than income taxes 111,188 118,732
Total operating expenses 805,223 805,505
Operating income (loss) 232,785 271,727
Other income (expense):    
Other income 13,455 5,959
Other expense (2,098) (1,215)
Non-hedged interest rate swap (expense) income 0 28
Interest charges:    
AFUDC 2,884 2,176
Interest expense (88,326) (88,582)
Income (loss) before income taxes 158,700 190,093
Income tax (benefit) expense 11,803 62,543
Net income (loss) 146,897 127,550
Subsidiaries [Member]    
Operating revenue:    
Electric 699,686 668,984
Natural gas 330,284 400,065
Other 8,038 8,183
Total operating revenue 1,038,008 1,077,232
Energy costs:    
Purchased electricity 154,206 179,582
Electric generation fuel 42,423 51,310
Residential exchange (23,943) (23,447)
Purchased natural gas 127,615 152,801
Unrealized (gain) loss on derivative instruments, net (996) 19,288
Utility operations and maintenance 160,524 152,030
Non-utility expense and other 9,781 8,491
Depreciation and amortization 184,490 115,253
Conservation amortization 36,864 34,761
Taxes other than income taxes 111,188 118,732
Total operating expenses 802,152 808,801
Operating income (loss) 235,856 268,431
Other income (expense):    
Other income 7,641 5,959
Other expense (2,098) (1,215)
Interest charges:    
AFUDC 2,884 2,176
Interest expense (59,555) (60,461)
Income (loss) before income taxes 184,728 214,890
Income tax (benefit) expense 21,691 71,798
Net income (loss) $ 163,037 $ 143,092