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CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Operating revenues    
Electric $ 216,366 $ 216,309
Natural gas 56,500 48,347
Other 278 275
Total operating revenues 273,144 264,931
Operating expenses    
Electric fuel and purchased power, non-affiliates 2,898 2,873
Purchased power, affiliates 101,311 106,458
Cost of natural gas sold and transported 28,723 25,987
Operating and maintenance expenses 50,344 49,184
Conservation expenses 2,978 3,054
Depreciation and amortization 30,587 27,049
Taxes (other than income taxes) 7,313 6,873
Total operating expenses 224,154 221,478
Operating income 48,990 43,453
Other (expense), net (359) (432)
Allowance for funds used during construction — equity 1,855 1,287
Interest charges and financing costs    
Interest charges — includes other financing costs of $478 and $456, respectively 9,595 8,682
Allowance for funds used during construction — debt (836) (550)
Total interest charges and financing costs 8,759 8,132
Income before income taxes 41,727 36,176
Income taxes 10,310 13,757
Net income $ 31,417 $ 22,419