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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Operating revenues      
Electric $ 881,891 $ 849,946 $ 834,998
Natural gas 122,353 106,157 120,147
Other 1,207 1,130 1,396
Total operating revenues 1,005,451 957,233 956,541
Operating expenses      
Electric fuel and purchased power, non-affiliates 16,197 15,574 10,795
Purchased power, affiliates 421,609 413,615 419,028
Cost of natural gas sold and transported 62,259 54,436 70,988
Operating and maintenance expenses 205,539 194,927 179,413
Conservation program expenses 12,572 12,645 11,695
Depreciation and amortization 111,216 98,294 91,245
Taxes (other than income taxes) 27,831 27,814 28,181
Loss on Monticello life cycle management/extended power uprate project 0 0 5,237
Total operating expenses 857,223 817,305 816,582
Operating income 148,228 139,928 139,959
Other income, net 833 461 883
Allowance for funds used during construction — equity 6,707 4,277 7,253
Interest charges and financing costs      
Interest charges — includes other financing costs of $1,855, $1,854, and $1,738, respectively 35,040 34,452 32,731
Allowance for funds used during construction - debt (2,860) (1,823) (3,510)
Total interest charges and financing costs 32,180 32,629 29,221
Income before income taxes 123,588 112,037 118,874
Income taxes 44,172 42,902 44,238
Net income $ 79,416 $ 69,135 $ 74,636