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CONSOLIDATED STATEMENTS OF CAPITAL STOCK AND LONG-TERM DEBT - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2024 | Dec. 31, 2023
Common Stock, No Par Value |  |
Shares Authorized Value |  |
Shares Outstanding Value | 248,202 | 246,764
Retained Earnings | 197,061 | 176,227
TOTAL COMMON STOCKHOLDERS’ EQUITY | 445,263 | 422,991
Cumulative Preferred Stock, No Par Value: |  |
Shares Authorized Value |  |
Shares Outstanding Value |  |
Convertible: |  |
TOTAL PREFERRED STOCK | 1,635 | 2,084
Long-term Debt: |  |
SUBTOTAL LONG-TERM DEBT | 359,386 | 364,736
Add: Premium on Issuance of Long-term Debt | 6,339 | 6,529
Less: Unamortized Debt Expense | (5,192) | (5,372)
Less: Current Portion of Long-term Debt | (7,711) | (7,740)
TOTAL LONG-TERM DEBT | 352,822 | 358,153
First Mortgage Bonds |  |
Long-term Debt: |  |
SUBTOTAL LONG-TERM DEBT | 274,602 | 278,374
Amortizing Secured Notes |  |
Long-term Debt: |  |
SUBTOTAL LONG-TERM DEBT | 66,889 | 69,724
State Revolving Trust Notes |  |
Long-term Debt: |  |
SUBTOTAL LONG-TERM DEBT | 17,895 | 16,638
Convertible Preferred Stock $7.00 Series |  |
Convertible: |  |
TOTAL PREFERRED STOCK | 556 | 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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