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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Operating revenues:        
Operating revenues: $ 1,977,206 $ 1,586,013 $ 5,114,686 $ 4,237,608
Operating expenses:        
Operation and maintenance: 1,546,852 1,212,898 3,771,550 3,102,353
Purchased natural gas sold 61,863 41,135 444,527 280,584
Depreciation, depletion and amortization 82,293 75,229 247,173 222,613
Taxes, other than income 56,267 48,096 185,303 163,819
Electric fuel and purchased power 20,080 19,486 68,370 56,216
Total operating expenses 1,767,355 1,396,844 4,716,923 3,825,585
Operating income 209,851 189,169 397,763 412,023
Other income (expense) 4,769 5,930 (1,877) 18,310
Interest expense 31,369 23,389 84,741 70,224
Income before income taxes 183,251 171,710 311,145 360,109
Income taxes 35,318 32,748 60,847 68,860
Income from continuing operations 147,933 138,962 250,298 291,249
Discontinued operations, net of tax 38 314 103 348
Net income $ 147,971 $ 139,276 $ 250,401 $ 291,597
Earnings per share - basic:        
Income from continuing operations $ 0.73 $ 0.68 $ 1.23 $ 1.44
Discontinued operations, net of tax 0 0 0 0
Earnings per share - basic 0.73 0.68 1.23 1.44
Earnings per share - diluted:        
Income from continuing operations 0.73 0.68 1.23 1.44
Discontinued operations, net of tax 0 0 0 0
Earnings per share - diluted $ 0.73 $ 0.68 $ 1.23 $ 1.44
Weighted average common shares outstanding - basic 203,351 202,863 203,351 201,647
Weighted average common shares outstanding - diluted 203,644 203,190 203,407 201,955
Regulated operation        
Operating revenues:        
Operating revenues: $ 263,614 $ 237,065 $ 1,140,528 $ 940,017
Operating expenses:        
Operation and maintenance: 89,502 90,058 281,430 273,796
Income from continuing operations 12,917 15,399 72,761 89,207
Nonregulated operation        
Operating revenues:        
Operating revenues: 1,713,592 1,348,948 3,974,158 3,297,591
Operating expenses:        
Operation and maintenance: 1,457,350 1,122,840 3,490,120 2,828,557
Income from continuing operations $ 135,016 $ 123,563 $ 177,537 $ 202,042