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CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Operating revenues        
Electric $ 198,277 $ 185,374 $ 409,374 $ 376,185
Natural gas 29,539 24,555 103,330 74,912
Other 298 246 552 493
Total operating revenues 228,114 210,175 513,256 451,590
Operating expenses        
Electric fuel and purchased power, non-affiliates 2,684 1,862 9,180 6,032
Purchased power, affiliates 104,532 100,043 216,458 198,985
Cost of natural gas sold and transported 19,194 14,302 70,336 45,287
Operating and maintenance expenses 48,433 42,992 92,664 84,668
Conservation program expenses 3,015 3,118 5,687 6,110
Depreciation and amortization 19,874 19,051 39,181 37,906
Taxes (other than income taxes) 6,652 6,341 13,449 12,735
Total operating expenses 204,384 187,709 446,955 391,723
Operating income 23,730 22,466 66,301 59,867
Other (expense) income, net (70) 155 54 270
Allowance for funds used during construction — equity 1,767 780 3,339 1,726
Interest charges and financing costs        
Interest charges — includes other financing costs of $377, $380, $751 and $761, respectively 6,968 6,814 13,835 13,669
Allowance for funds used during construction — debt (850) (400) (1,608) (809)
Total interest charges and financing costs 6,118 6,414 12,227 12,860
Income before income taxes 19,309 16,987 57,467 49,003
Income taxes 7,287 6,443 21,210 18,774
Net income $ 12,022 $ 10,544 $ 36,257 $ 30,229