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CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Operating revenues    
Electric $ 711,388 $ 717,462
Natural gas 356,136 328,494
Steam and other 13,010 11,885
Total operating revenues 1,080,534 1,057,841
Operating expenses    
Electric fuel and purchased power 288,827 295,930
Cost of natural gas sold and transported 196,402 168,476
Cost of sales — steam and other 4,386 3,781
Operating and maintenance expenses 185,601 178,386
Demand side management program expenses 28,104 27,723
Depreciation and amortization 114,994 108,881
Taxes (other than income taxes) 49,798 51,474
Total operating expenses 868,112 834,651
Operating income 212,422 223,190
Other income, net 3,717 449
Allowance for funds used during construction — equity 4,608 4,318
Interest charges and financing costs    
Interest charges — includes other financing costs of $1,521 and $1,739, respectively 45,882 45,748
Allowance for funds used during construction — debt (1,906) (1,610)
Total interest charges and financing costs 43,976 44,138
Income before income taxes 176,771 183,819
Income taxes 65,225 67,945
Net income $ 111,546 $ 115,874