The following table presents information for each of the Company’s business segments (dollars in thousands):



	Avista Utilities		Alaska Electric Light and Power Company		Total Utility		Other			Intersegment Eliminations (1)			Total
For the three months ended June 30, 2018:
Operating revenues	$	302,222	$	10,482	$	312,704	$	6,594		$	—		$	319,298
Resource costs	103,022		2,947		105,969		—			—			105,969
Other operating expenses (2)	78,848		3,213		82,061		6,543			—			88,604
Depreciation and amortization	44,186		1,465		45,651		199			—			45,850
Income (loss) from operations	50,848		2,579		53,427		(148		)	—			53,279
Interest expense (3)	24,428		896		25,324		382			(234		)	25,472
Income taxes	4,735		446		5,181		28			—			5,209
Net income attributable to Avista Corp. shareholders	24,252		1,282		25,534		43			—			25,577
Capital expenditures (4)	97,963		3,352		101,315		338			—			101,653
For the three months ended June 30, 2017:
Operating revenues	$	296,747	$	11,982	$	308,729	$	5,772		$	—		$	314,501
Resource costs	99,461		3,290		102,751		—			—			102,751
Other operating expenses (5)	77,121		2,995		80,116		7,086			—			87,202
Depreciation and amortization	41,195		1,448		42,643		157			—			42,800
Income (loss) from operations (5)	55,820		3,597		59,417		(1,471		)	—			57,946
Interest expense (3)	22,826		895		23,721		176			(27		)	23,870
Income taxes	12,892		1,075		13,967		(916		)	—			13,051
Net income (loss) attributable to Avista Corp. shareholders	21,765		1,681		23,446		(1,675		)	—			21,771
Capital expenditures (4)	88,612		2,339		90,951		134			—			91,085
For the six months ended June 30, 2018:
Operating revenues	$	690,976	$	24,145	$	715,121	$	13,538		$	—		$	728,659
Resource costs	254,687		5,900		260,587		—			—			260,587
Other operating expenses (2)	153,987		6,044		160,031		13,367			—			173,398
Depreciation and amortization	87,453		2,931		90,384		380			—			90,764
Income (loss) from operations	138,993		8,701		147,694		(209		)	—			147,485
Interest expense (3)	48,393		1,790		50,183		717			(399		)	50,501
Income taxes	15,152		1,910		17,062		(1,143		)	—			15,919
Net income (loss) attributable to Avista Corp. shareholders	79,792		5,054		84,846		(4,379		)	—			80,467
Capital expenditures (4)	179,139		3,993		183,132		552			—			183,684
For the six months ended June 30, 2017:
Operating revenues	$	712,128	$	27,138	$	739,266	$	11,705		$	—		$	750,971
Resource costs	262,074		6,263		268,337		—			—			268,337
Other operating expenses	146,792		5,767		152,559		13,265			—			165,824
Depreciation and amortization	81,733		2,895		84,628		345			—			84,973
Income (loss) from operations	166,496		10,782		177,278		(1,905		)	—			175,373
Interest expense (3)	45,509		1,789		47,298		343			(41		)	47,600
Income taxes	43,909		3,538		47,447		(1,052		)	—			46,395
Net income (loss) attributable to Avista Corp. shareholders	80,204		5,534		85,738		(1,851		)	—			83,887
Capital expenditures (4)	174,015		3,699		177,714		169			—			177,883
Total Assets:
As of June 30, 2018:	$	5,164,670	$	283,540	$	5,448,210	$	80,245		$	(26,675	)	$	5,501,780
As of December 31, 2017:	$	5,177,878	$	278,688	$	5,456,566	$	73,241		$	(15,075	)	$	5,514,732


(1)	Intersegment eliminations reported as interest expense represent intercompany interest.


(2)	Other operating expenses for Avista Utilities for the three and six months ended June 30, 2018 include acquisition costs of $1.0 million and $1.7 million, respectively, which are separately disclosed on the Condensed Consolidated Statements of Income. The three and six months ended June 30, 2017 include acquisition costs of $1.3 million, which are also separately disclosed.


(3)	Including interest expense to affiliated trusts.


(4)	The capital expenditures for the other businesses are included in other investing activities on the Condensed Consolidated Statements of Cash Flows.

(5)

Effective January 1, 2018, the Company adopted ASU No. 2017-07, which resulted in a $1.8 million and $3.9 million reclassification of the non-service cost component of pension and other postretirement benefit costs for the three and six months ended June 30, 2017, respectively. The costs were reclassified from utility other operating expenses to other expense (income) - net on the Condensed Consolidated Statements of Income.