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CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2024 | Dec. 31, 2023 | Dec. 31, 2022
Income Statement [Abstract] |  |  |
Operating Revenues | $ 191,877 | $ 166,274 | $ 162,434
Operating Expenses: |  |  |
Operations and Maintenance | 92,363 | 83,113 | 79,096
Depreciation | 24,430 | 25,194 | 23,029
Other Taxes | 21,874 | 18,744 | 18,208
Total Operating Expenses | 138,667 | 127,051 | 120,333
Gain on Sale of Subsidiary |  |  | 5,232
Operating Income | 53,210 | 39,223 | 47,333
Other Income: |  |  |
Allowance for Funds Used During Construction | 1,254 | 2,433 | 2,314
Other Income, net | 10,815 | 4,052 | 5,389
Total Other Income, net | 12,069 | 6,485 | 7,703
Interest Charges | 14,023 | 13,143 | 9,367
Income before Income Taxes | 51,256 | 32,565 | 45,669
Income Taxes | 6,905 | 1,041 | 3,240
Net Income | 44,351 | 31,524 | 42,429
Preferred Stock Dividend Requirements | 112 | 120 | 120
Earnings Applicable to Common Stock | $ 44,239 | $ 31,404 | $ 42,309
Earnings per share of Common Stock: |  |  |
Basic (in Dollars per share) | $ 2.48 | $ 1.77 | $ 2.4
Diluted (in Dollars per share) | $ 2.47 | $ 1.76 | $ 2.39
Common Shares Outstanding : |  |  |
Basic (in Shares) | 17,842 | 17,732 | 17,597
Diluted (in Shares) | 17,946 | 17,847 | 17,712

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