XML 14 R2.htm IDEA: XBRL DOCUMENT v3.22.2
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
Operating Revenues $ 39,683 $ 36,701 $ 75,879 $ 69,242
Operating Expenses:        
Operations and Maintenance 19,557 17,959 38,695 36,315
Depreciation 5,670 5,187 11,292 10,019
Other Taxes 4,368 3,741 8,512 7,460
Total Operating Expenses 29,595 26,887 58,499 53,794
Gain on Sale of Subsidiary 5,232
Operating Income 10,088 9,814 22,612 15,448
Other Income (Expense):        
Allowance for Funds Used During Construction 548 768 926 2,031
Other Income (Expense), net 1,396 790 2,773 1,564
Total Other Income, net 1,944 1,558 3,699 3,595
Interest Charges 2,369 2,070 4,219 3,808
Income before Income Taxes 9,663 9,302 22,092 15,235
Income Taxes 795 (1,621) 1,124 (2,593)
Net Income 8,868 10,923 20,968 17,828
Preferred Stock Dividend Requirements 30 30 60 60
Earnings Applicable to Common Stock $ 8,838 $ 10,893 $ 20,908 $ 17,768
Earnings per share of Common Stock:        
Basic $ 0.50 $ 0.62 $ 1.19 $ 1.02
Diluted $ 0.50 $ 0.62 $ 1.18 $ 1.01
Average Number of Common Shares Outstanding:        
Basic 17,583 17,488 17,560 17,482
Diluted 17,698 17,603 17,675 17,597