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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Operating revenues      
Electric $ 834,998 $ 829,748 $ 789,168
Natural gas 120,147 169,629 132,867
Other 1,396 1,085 1,003
Total operating revenues 956,541 1,000,462 923,038
Operating expenses      
Electric fuel and purchased power, non-affiliates 10,795 19,595 18,129
Purchased power, affiliates 419,028 425,471 416,173
Cost of natural gas sold and transported 70,988 114,250 81,572
Operating and maintenance expenses 179,413 191,213 175,522
Conservation program expenses 11,695 11,537 12,333
Depreciation and amortization 91,245 79,654 76,897
Taxes (other than income taxes) 28,181 27,114 25,231
Loss on Monticello LCM/EPU project 5,237 0 0
Total operating expenses 816,582 868,834 805,857
Operating income 139,959 131,628 117,181
Other income, net 883 270 253
Allowance for funds used during construction — equity 7,253 7,060 4,259
Interest charges and financing costs      
Interest charges — includes other financing costs of $1,738, $1,570, and $1,538, respectively 32,731 29,273 27,797
Public Utilities, Allowance For Funds Used During Construction, Capitalized Cost Of Debt (3,510) (3,360) (1,981)
Total interest charges and financing costs 29,221 25,913 25,816
Income before income taxes 118,874 113,045 95,877
Income taxes 44,238 42,403 36,409
Net income $ 74,636 $ 70,642 $ 59,468