XML 151 R135.htm IDEA: XBRL DOCUMENT v3.22.4
Schedule I Financial Statements of Cleco Holdings (Parent Company Only) - Condensed Statements of Income (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Operating expenses      
Total operating expenses $ 1,897,245 $ 1,401,052 $ 1,193,054
Operating income 341,887 344,877 305,092
Other (expense) income, net (11,113) (15,681) (14,156)
Income before income taxes 189,728 208,077 158,018
Federal and state income tax expense 917 13,111 35,718
Net income 188,811 194,966 122,300
Parent Company      
Operating expenses      
Administrative and general 1,088 1,644 1,497
Merger transaction costs 228 436 3,606
Other operating expense 246 247 239
Total operating expenses 1,562 2,327 5,342
Operating income (1,562) (2,327) (5,342)
Equity income from subsidiaries, net of tax 231,702 234,512 173,337
Interest, net (62,267) (60,461) (64,362)
Other (expense) income, net (724) 8,788 3,021
Income before income taxes 167,149 180,512 106,654
Federal and state income tax expense (21,662) (14,454) (15,646)
Net income $ 188,811 $ 194,966 $ 122,300