STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2019 |
Dec. 31, 2018 |
Dec. 31, 2017 |
|
| Revenues | $ 1,652,730 | $ 1,633,731 | $ 1,539,633 |
| Cost of natural gas | 687,974 | 714,636 | 614,501 |
| Operating expenses | |||
| Operations and maintenance | 429,126 | 411,702 | 399,290 |
| Depreciation and amortization | 180,395 | 160,086 | 151,889 |
| General taxes | 59,977 | 58,878 | 57,225 |
| Total operating expenses | 669,498 | 630,666 | 608,404 |
| Operating income | 295,258 | 288,429 | 316,728 |
| Other expense, net | (2,976) | (11,359) | (14,525) |
| Interest expense, net | (62,681) | (51,305) | (46,065) |
| Income before income taxes | 229,601 | 225,765 | 256,138 |
| Income taxes | (42,852) | (53,531) | (93,143) |
| Net income | $ 186,749 | $ 172,234 | $ 162,995 |
| Earnings per share | |||
| Basic | $ 3.53 | $ 3.27 | $ 3.10 |
| Diluted | $ 3.51 | $ 3.25 | $ 3.08 |
| Average shares (thousands) | |||
| Basic | 52,895 | 52,693 | 52,527 |
| Diluted | 53,240 | 53,029 | 52,979 |
| Dividends declared per share of stock | $ 2.00 | $ 1.84 | $ 1.68 |