Revenues (Tables)

6 Months Ended

Jun. 30, 2020

The following tables disaggregate revenues by major source, timing of revenue recognition, and segment:


	Three months ended June 30, 2020														Six months ended June 30, 2020
(in thousands)	Electric utility		Bank		Other		Total		Electric utility		Bank		Other		Total
Revenues from contracts with customers
Electric energy sales - residential	$	187,590	$	—	$	—	$	187,590	$	377,856	$	—	$	—	$	377,856
Electric energy sales - commercial	159,874		—		—		159,874		356,979		—		—		356,979
Electric energy sales - large light and power	176,467		—		—		176,467		392,687		—		—		392,687
Electric energy sales - other	1,779		—		—		1,779		5,237		—		—		5,237
Bank fees	—		7,211		—		7,211		—		18,767		—		18,767
Total revenues from contracts with customers	525,710		7,211		—		532,921		1,132,759		18,767		—		1,151,526
Revenues from other sources
Regulatory revenue	2,826		—		—		2,826		(12,478)		—		—		(12,478)
Bank interest and dividend income	—		59,829		—		59,829		—		124,804		—		124,804
Other bank noninterest income	—		7,674		—		7,674		—		10,881		—		10,881
Other	5,679		—		16		5,695		11,376		—		22		11,398
Total revenues from other sources	8,505		67,503		16		76,024		(1,102)		135,685		22		134,605
Total revenues	$	534,215	$	74,714	$	16	$	608,945	$	1,131,657	$	154,452	$	22	$	1,286,131
Timing of revenue recognition
Services/goods transferred at a point in time	$	—	$	7,211	$	—	$	7,211	$	—	$	18,767	$	—	$	18,767
Services/goods transferred over time	525,710		—		—		525,710		1,132,759		—		—		1,132,759
Total revenues from contracts with customers	$	525,710	$	7,211	$	—	$	532,921	$	1,132,759	$	18,767	$	—	$	1,151,526


	Three months ended June 30, 2019														Six months ended June 30, 2019
(in thousands)	Electric utility		Bank		Other		Total		Electric utility		Bank		Other		Total
Revenues from contracts with customers
Electric energy sales - residential	$	195,868	$	—	$	—	$	195,868	$	371,613	$	—	$	—	$	371,613
Electric energy sales - commercial	217,278		—		—		217,278		404,686		—		—		404,686
Electric energy sales - large light and power	231,869		—		—		231,869		430,795		—		—		430,795
Electric energy sales - other	3,774		—		—		3,774		7,852		—		—		7,852

Bank fees	—		11,632		—		11,632		—		22,865		—		22,865
Total revenues from contracts with customers	648,789		11,632		—		660,421		1,214,946		22,865		—		1,237,811
Revenues from other sources
Regulatory revenue	(20,360)		—		—		(20,360)		(14,153)		—		—		(14,153)
Bank interest and dividend income	—		66,155		—		66,155		—		134,643		—		134,643
Other bank noninterest income	—		3,900		—		3,900		—		7,231		—		7,231
Other	5,355		—		14		5,369		11,486		—		82		11,568
Total revenues from other sources	(15,005)		70,055		14		55,064		(2,667)		141,874		82		139,289
Total revenues	$	633,784	$	81,687	$	14	$	715,485	$	1,212,279	$	164,739	$	82	$	1,377,100
Timing of revenue recognition
Services/goods transferred at a point in time	$	—	$	11,632	$	—	$	11,632	$	—	$	22,865	$	—	$	22,865
Services/goods transferred over time	648,789		—		—		648,789		1,214,946		—		—		1,214,946
Total revenues from contracts with customers	$	648,789	$	11,632	$	—	$	660,421	$	1,214,946	$	22,865	$	—	$	1,237,811