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Statements Of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Operating revenues $ 300,271 $ 297,470 $ 712,780 $ 720,648 $ 908,929 $ 908,685
Operating expenses:            
Fuel and purchased power 71,086 75,319 176,737 191,492 229,996 245,425
Operations and maintenance 83,355 74,685 252,370 236,145 336,506 315,677
Depreciation and amortization 24,169 22,565 71,941 66,994 95,790 88,214
Taxes other than income taxes 21,728 21,213 54,616 54,208 71,271 69,444
Utilities operating expense 200,338 193,782 555,664 548,839 733,563 718,760
Operating income 99,933 103,688 157,116 171,809 175,366 189,925
Other income (deductions):            
Allowance for equity funds used during construction 824 668 2,462 2,209 3,278 3,365
Investment and interest income, net 16,815 8,989 33,042 30,308 41,587 39,281
Miscellaneous non-operating income 3,037 3,075 9,245 8,867 12,428 11,901
Miscellaneous non-operating deductions (3,263) (3,180) (8,775) (8,677) (11,677) (11,542)
Nonoperating income 17,413 9,552 35,974 32,707 45,616 43,005
Interest charges (credits):            
Interest on long-term debt and revolving credit facility 19,603 18,215 55,785 54,989 73,766 73,312
Other interest 4,127 4,673 13,896 13,746 18,320 17,757
Capitalized interest (1,488) (1,193) (4,067) (3,831) (5,258) (5,083)
Allowance for borrowed funds used during construction (881) (671) (2,551) (2,173) (3,353) (2,992)
Interest expense 21,361 21,024 63,063 62,731 83,475 82,994
Income before income taxes 95,985 92,216 130,027 141,785 137,507 149,936
Income tax expense 22,714 32,532 30,427 50,024 31,407 52,519
Net income $ 73,271 $ 59,684 $ 99,600 $ 91,761 $ 106,100 $ 97,417
Basic earnings per share $ 1.80 $ 1.470 $ 2.450 $ 2.26 $ 2.61 $ 2.40
Diluted earnings per share 1.79 1.470 2.440 2.26 2.60 2.40
Dividends declared per share of common stock $ 0.360 $ 0.335 $ 1.055 $ 0.980 $ 1.390 $ 1.290
Weighted average number of shares outstanding 40,535,489 40,427,589 40,514,961 40,408,100 40,494,482 40,398,022
Weighted average number of shares and dilutive potential shares outstanding 40,697,047 40,551,315 40,644,493 40,516,777 40,630,758 40,498,642