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CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Operating revenues    
Electric $ 216,309 $ 211,524
Natural gas 48,347 43,020
Other 275 306
Total operating revenues 264,931 254,850
Operating expenses    
Electric fuel and purchased power, non-affiliates 2,873 3,981
Purchased power, affiliates 106,458 108,714
Cost of natural gas sold and transported 25,987 23,418
Operating and maintenance expenses 49,862 48,619
Conservation program expenses 3,054 3,066
Depreciation and amortization 27,049 24,449
Taxes (other than income taxes) 6,873 7,155
Total operating expenses 222,156 219,402
Operating income 42,775 35,448
Other income, net 246 449
Allowance for funds used during construction — equity 1,287 810
Interest charges and financing costs    
Interest charges — includes other financing costs of $456 and $462, respectively 8,682 8,604
Allowance for funds used during construction — debt (550) (347)
Total interest charges and financing costs 8,132 8,257
Income before income taxes 36,176 28,450
Income taxes 13,757 10,819
Net income $ 22,419 $ 17,631