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Statements Of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Operating revenues $ 251,843 $ 217,865 $ 423,178 $ 375,674 $ 934,440 $ 842,289
Energy expenses:            
Fuel 49,173 43,143 85,779 77,462 182,055 178,320
Purchased and interchanged power 16,721 13,610 30,394 23,256 66,865 53,884
Cost of services, energy services 65,894 56,753 116,173 100,718 248,920 232,204
Operating revenues net of energy expenses 185,949 161,112 307,005 274,956 685,520 610,085
Other operating expenses:            
Other operations 59,835 56,817 115,958 115,204 242,768 244,899
Maintenance 20,415 20,426 41,405 37,941 70,210 67,747
Depreciation and amortization 22,495 23,852 44,429 47,145 81,601 92,269
Taxes other than income taxes 17,265 15,320 32,995 30,132 68,396 64,277
Utilities operating expense 120,010 116,415 234,787 230,422 462,975 469,192
Operating income 65,939 44,697 72,218 44,534 222,545 140,893
Other income (deductions):            
Allowance for equity funds used during construction 726 2,133 1,541 4,469 4,095 8,565
Investment and interest income, net 6,786 3,591 10,772 6,520 18,335 17,376
Miscellaneous non-operating income 39 145 124 801 615 2,176
Miscellaneous non-operating deductions (530) (890) (1,270) (1,356) (3,613) (3,922)
Nonoperating income 7,021 4,979 11,167 10,434 19,432 24,195
Interest charges (credits):            
Interest on long-term debt and revolving credit facility 18,407 18,298 36,774 34,897 73,421 67,770
Other interest 762 272 1,182 834 1,651 1,630
Capitalized interest (1,344) (1,253) (2,638) (2,495) (5,133) (4,913)
Allowance for borrowed funds used during construction (711) (1,375) (1,502) (3,033) (3,452) (5,958)
Interest expense 17,114 15,942 33,816 30,203 66,487 58,529
Income before income taxes 55,846 33,734 49,569 24,765 175,490 106,559
Income tax expense 19,780 11,450 17,492 8,289 63,121 32,695
Net income $ 36,066 $ 22,284 $ 32,077 $ 16,476 $ 112,369 $ 73,864
Basic earnings per share $ 0.890 $ 0.550 $ 0.790 $ 0.410 $ 2.770 $ 1.830
Diluted earnings per share 0.890 0.550 0.790 0.410 2.770 1.830
Dividends declared per share of common stock $ 0.335 $ 0.310 $ 0.645 $ 0.605 $ 1.265 $ 1.195
Weighted average number of shares outstanding 40,409,030 40,345,150 40,398,192 40,335,236 40,381,776 40,314,032
Weighted average number of shares and dilutive potential shares outstanding 40,525,585 40,399,491 40,499,344 40,380,640 40,466,995 40,356,239