XML 14 R2.htm IDEA: XBRL DOCUMENT v3.23.2
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenue:        
Revenue $ 411,283 $ 474,195 $ 1,332,442 $ 1,297,765
Operating expenses:        
Fuel, purchased power and cost of natural gas sold 121,245 188,171 647,512 625,097
Operations and maintenance 145,767 132,968 286,755 269,100
Depreciation, depletion and amortization 64,714 64,128 126,357 124,591
Taxes - property and production 16,041 16,539 33,419 33,235
Total operating expenses 347,767 401,806 1,094,043 1,052,023
Operating income 63,516 72,389 238,399 245,742
Other income (expense):        
Interest expense incurred net of amounts capitalized (43,267) (39,053) (87,332) (77,874)
Interest income 1,746 289 2,307 565
Other income (expense), net (1,540) 1,563 (866) 2,267
Total other income (expense) (43,061) (37,201) (85,891) (75,042)
Income before income taxes 20,455 35,188 152,508 170,700
Income tax benefit (expense) 6,089 658 (8,584) (13,830)
Net income 26,544 35,846 143,924 156,870
Net income attributable to non-controlling interest (3,491) (2,431) (6,787) (5,929)
Net income available for common stock $ 23,053 $ 33,415 $ 137,137 $ 150,941
Earnings per share of common stock:        
Earnings per share, Basic (usd per share) $ 0.35 $ 0.52 $ 2.07 $ 2.33
Earnings per share, Diluted (usd per share) $ 0.35 $ 0.52 $ 2.06 $ 2.33
Weighted average common shares outstanding:        
Basic (in shares) 66,591 64,721 66,315 64,643
Diluted (in shares) 66,684 64,883 66,419 64,822