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STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Income Statement [Abstract]        
Operating revenues $ 422,985 $ 492,536 $ 846,814 $ 940,936
Operating expenses        
Electric fuel and purchased power 243,026 314,146 488,825 603,350
Operating and maintenance expenses 73,827 68,963 147,724 138,361
Demand side management program expenses 2,760 2,849 6,429 5,913
Depreciation and amortization 36,750 35,071 72,489 65,583
Taxes (other than income taxes) 13,490 12,507 28,456 26,153
Total operating expenses 369,853 433,536 743,923 839,360
Operating income 53,132 59,000 102,891 101,576
Other income (expense), net 156 (129) 100 (88)
Allowance for funds used during construction — equity 1,788 2,895 3,493 6,535
Interest charges and financing costs        
Interest charges — includes other financing costs of $771, $731, $1,544 and $1,461, respectively 21,074 19,645 41,958 38,926
Allowance for funds used during construction — debt (1,137) (1,721) (2,198) (3,848)
Total interest charges and financing costs 19,937 17,924 39,760 35,078
Income before income taxes 35,139 43,842 66,724 72,945
Income taxes 12,563 15,807 23,901 26,175
Net income $ 22,576 $ 28,035 $ 42,823 $ 46,770