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CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014
Income Statement [Abstract] |  |  |
Operating Revenues | $ 132,906 | $ 126,025 | $ 117,139
Operating Expenses: |  |  |
Operations and Maintenance | 65,534 | 65,167 | 59,129
Depreciation | 12,796 | 12,051 | 11,444
Other Taxes | 13,944 | 12,967 | 12,174
Total Operating Expenses | 92,274 | 90,185 | 82,747
Operating Income | 40,632 | 35,840 | 34,392
Other Income (Expense): |  |  |
Allowance for Funds Used During Construction | 619 | 380 | 317
Other Income | 662 | 208 | 281
Other Expense | (2,143) | (295) | (1,001)
Total Other Income (Expense), net | (862) | 293 | (403)
Interest Charges | 5,293 | 5,554 | 5,607
Income before Income Taxes | 34,477 | 30,579 | 28,382
Income Taxes | 11,735 | 10,551 | 9,937
Net Income | 22,742 | 20,028 | 18,445
Preferred Stock Dividend Requirements | 144 | 144 | 151
Earnings Applicable to Common Stock | $ 22,598 | $ 19,884 | $ 18,294
Earnings per share of Common Stock: |  |  |
Basic | $ 1.39 | $ 1.23 | $ 1.14
Diluted | $ 1.38 | $ 1.22 | $ 1.13
Average Number of Common Shares Outstanding : |  |  |
Basic | 16,270,000 | 16,175,000 | 16,052,000
Diluted | 16,426,000 | 16,331,000 | 16,226,000
Cash Dividends Paid per Common Share | $ 0.808 | $ 0.776 | $ 0.763

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