XML 17 R2.htm IDEA: XBRL DOCUMENT v3.24.2
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Income Statement [Abstract]        
Operating Revenues $ 49,146 $ 42,801 $ 89,670 $ 80,957
Operating Expenses:        
Operations and Maintenance 21,825 21,204 42,290 41,462
Depreciation 6,305 6,184 11,701 12,170
Other Taxes 5,701 4,744 10,499 9,168
Total Operating Expenses 33,831 32,132 64,490 62,800
Operating Income 15,315 10,669 25,180 18,157
Other Income:        
Allowance for Funds Used During Construction 257 852 433 1,665
Other Income, net 2,399 1,290 7,588 2,188
Total Other Income, net 2,656 2,142 8,021 3,853
Interest Charges 4,041 3,251 7,310 5,846
Income before Income Taxes 13,930 9,560 25,891 16,164
Income Taxes 3,384 (341) 4,663 397
Net Income 10,546 9,901 21,228 15,767
Preferred Stock Dividend Requirements 30 30 60 60
Earnings Applicable to Common Stock $ 10,516 $ 9,871 $ 21,168 $ 15,707
Earnings per share of Common Stock:        
Basic (in Dollars per share) $ 0.59 $ 0.56 $ 1.19 $ 0.89
Diluted (in Dollars per share) $ 0.59 $ 0.55 $ 1.18 $ 0.88
Common Shares Outstanding :        
Basic (in Shares) 17,829,000 17,713,000 17,824,000 17,683,000
Diluted (in Shares) 17,944,000 17,828,000 17,939,000 17,798,000