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CONSOLIDATED STATEMENTS OF CAPITAL STOCK AND LONG-TERM DEBT - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2022 | Dec. 31, 2021
Common Stock, No Par Value |  |
Shares Authorized |  |
Shares Outstanding | 233,054 | 221,919
Retained Earnings | 167,274 | 145,807
TOTAL COMMON EQUITY | 400,328 | 367,726
Cumulative Preferred Stock, No Par Value: |  |
Shares Authorized |  |
Shares Outstanding |  |
Convertible: |  |
TOTAL PREFERRED STOCK | 2,084 | 2,084
Long-term Debt: |  |
SUBTOTAL LONG-TERM DEBT | 306,387 | 311,146
Add: Premium on Issuance of Long-term Debt | 6,873 | 7,271
Less: Unamortized Debt Expense | (5,518) | (5,166)
Less: Current Portion of Long-term Debt | (17,462) | (6,731)
TOTAL LONG-TERM DEBT | 290,280 | 306,520
First Mortgage Bonds |  |
Long-term Debt: |  |
SUBTOTAL LONG-TERM DEBT | 252,269 | 203,892
First Mortgage Bonds due 2023-2059 |  |
Long-term Debt: |  |
SUBTOTAL LONG-TERM DEBT | 44,918 | 47,613
State Revolving Trust Notes |  |
Long-term Debt: |  |
SUBTOTAL LONG-TERM DEBT | 9,200 | 7,510
Construction Loans |  |
Long-term Debt: |  |
SUBTOTAL LONG-TERM DEBT |  | 52,131
Convertible Preferred Stock $7.00 Series |  |
Convertible: |  |
TOTAL PREFERRED STOCK | 1,005 | 1,005
Nonredeemable Preferred Stock $7.00 Series |  |
Convertible: |  |
TOTAL PREFERRED STOCK | 79 | 79
Nonredeemable Preferred Stock $4.75 Series |  |
Convertible: |  |
TOTAL PREFERRED STOCK | $ 1,000 | $ 1,000

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