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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 $ 761,569 $ 747,882 $ 1,495,833 $ 1,469,230
Natural gas 223,187 209,296 679,524 593,220
Steam and other 8,948 9,251 21,890 21,436
Total operating revenues 993,704 966,429 2,197,247 2,083,886
Operating expenses        
Electric fuel and purchased power 349,070 322,787 683,540 642,668
Cost of natural gas sold and transported 117,281 109,697 427,086 359,317
Cost of sales — steam and other 3,435 4,008 8,413 8,813
Operating and maintenance expenses 188,901 188,152 364,425 361,193
Demand side management program expenses 34,678 32,938 69,873 66,059
Depreciation and amortization 95,115 89,079 188,431 178,629
Taxes (other than income taxes) 41,787 36,093 83,605 71,233
Total operating expenses 830,267 782,754 1,825,373 1,687,912
Operating income 163,437 183,675 371,874 395,974
Other income, net 912 1,322 1,709 2,899
Allowance for funds used during construction — equity 12,952 6,791 24,382 12,714
Interest charges and financing costs        
Interest charges — includes other financing costs of $1,532, $1,723, $3,252, and $3,371, respectively 42,429 43,231 86,401 84,619
Allowance for funds used during construction — debt (4,812) (3,100) (9,020) (5,251)
Total interest charges and financing costs 37,617 40,131 77,381 79,368
Income before income taxes 139,684 151,657 320,584 332,219
Income taxes 49,892 54,358 112,389 118,315
Net income $ 89,792 $ 97,299 $ 208,195 $ 213,904