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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Operating revenue:        
Electric $ 501,510 $ 529,807 $ 1,201,196 $ 1,198,792
Natural gas 160,196 180,105 490,480 580,169
Other 10,146 9,855 18,184 18,038
Total operating revenue 671,852 719,767 1,709,860 1,796,999
Energy costs:        
Purchased electricity 129,114 129,799 283,320 309,381
Electric generation fuel 29,750 34,163 72,173 85,473
Residential exchange (16,091) (15,121) (40,035) (38,568)
Purchased natural gas 53,872 63,183 181,487 215,984
Unrealized (gain) loss on derivative instruments, net (6,911) 3,834 (7,907) 23,121
Utility operations and maintenance 140,131 145,555 300,655 297,618
Non-utility expense and other 8,419 6,144 21,249 11,339
Depreciation and amortization 152,105 119,457 336,617 234,710
Conservation amortization 24,025 25,691 60,888 60,453
Taxes other than income taxes 73,347 77,032 184,535 195,731
Total operating expenses 587,761 589,737 1,392,982 1,395,242
Operating income (loss) 84,091 130,030 316,878 401,757
Other income (expense):        
Other income 8,116 6,263 21,573 12,223
Other expense (2,330) (2,042) (4,428) (3,257)
Non-hedged interest rate swap (expense) income 0 0 0 28
Interest charges:        
AFUDC 3,318 2,555 6,201 4,730
Interest expense (86,084) (88,409) (174,410) (176,991)
Income (loss) before income taxes 7,111 48,397 165,814 238,490
Income tax (benefit) expense 3,469 13,122 15,272 75,665
Net income (loss) 3,642 35,275 150,542 162,825
Subsidiaries [Member]        
Operating revenue:        
Electric 501,510 529,807 1,201,196 1,198,792
Natural gas 160,196 180,105 490,480 580,169
Other 10,146 9,855 18,184 18,038
Total operating revenue 671,852 719,767 1,709,860 1,796,999
Energy costs:        
Purchased electricity 129,114 129,799 283,320 309,381
Electric generation fuel 29,750 34,163 72,173 85,473
Residential exchange (16,091) (15,121) (40,035) (38,568)
Purchased natural gas 53,872 63,183 181,487 215,984
Unrealized (gain) loss on derivative instruments, net (6,911) 3,834 (7,907) 23,121
Utility operations and maintenance 140,131 145,555 300,655 297,618
Non-utility expense and other 10,834 9,374 20,614 17,865
Depreciation and amortization 152,080 119,457 336,570 234,710
Conservation amortization 24,025 25,691 60,888 60,453
Taxes other than income taxes 73,347 77,032 184,535 195,731
Total operating expenses 590,151 592,967 1,392,300 1,401,768
Operating income (loss) 81,701 126,800 317,560 395,231
Other income (expense):        
Other income 8,113 6,126 15,756 12,086
Other expense (2,330) (2,042) (4,428) (3,257)
Interest charges:        
AFUDC 3,318 2,555 6,201 4,730
Interest expense (57,020) (59,991) (116,575) (120,453)
Income (loss) before income taxes 33,782 73,448 218,514 288,337
Income tax (benefit) expense 7,004 22,794 28,696 94,591
Net income (loss) $ 26,778 $ 50,654 $ 189,818 $ 193,746