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Statements Of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Operating revenues $ 236,796 $ 251,843 $ 412,509 $ 423,178 $ 906,128 $ 934,440
Operating expenses:            
Fuel and purchased power 53,463 65,894 105,651 116,173 234,229 248,920
Operations and maintenance 88,855 82,273 169,015 161,460 327,836 321,070
Depreciation and amortization 23,958 22,495 47,772 44,429 94,186 81,601
Taxes other than income taxes 17,381 17,265 32,888 32,995 70,756 68,396
Utilities operating expense 183,657 187,927 355,326 355,057 727,007 719,987
Operating income 53,139 63,916 57,183 68,121 179,121 214,453
Other income (deductions):            
Allowance for equity funds used during construction 718 726 1,638 1,541 3,122 4,095
Investment and interest income, net 11,072 12,056 16,227 21,319 33,761 39,251
Miscellaneous non-operating income 3,072 2,897 6,208 5,792 12,466 11,404
Miscellaneous non-operating deductions (2,769) (2,669) (5,512) (5,497) (11,594) (11,404)
Nonoperating income 12,093 13,010 18,561 23,155 37,755 43,346
Interest charges (credits):            
Interest on long-term debt and revolving credit facility 18,194 18,407 36,182 36,774 72,378 73,421
Other interest 5,115 4,728 9,769 9,073 18,866 17,473
Capitalized interest (1,365) (1,344) (2,579) (2,638) (4,963) (5,133)
Allowance for borrowed funds used during construction (772) (711) (1,670) (1,502) (3,143) (3,452)
Interest expense 21,172 21,080 41,702 41,707 83,138 82,309
Income before income taxes 44,060 55,846 34,042 49,569 133,738 175,490
Income tax expense 10,765 19,780 7,713 17,492 41,225 63,121
Net income $ 33,295 $ 36,066 $ 26,329 $ 32,077 $ 92,513 $ 112,369
Basic earnings per share $ 0.82 $ 0.890 $ 0.650 $ 0.790 $ 2.280 $ 2.770
Diluted earnings per share 0.82 0.890 0.650 0.790 2.270 2.770
Dividends declared per share of common stock $ 0.360 $ 0.335 $ 0.695 $ 0.645 $ 1.365 $ 1.265
Weighted average number of shares outstanding 40,517,713 40,409,030 40,504,526 40,398,192 40,467,231 40,381,776
Weighted average number of shares and dilutive potential shares outstanding 40,647,799 40,525,585 40,618,045 40,499,344 40,594,049 40,466,995