v3.25.1
Consolidated Statements of Income Statement - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Operating Revenues:    
Electric utility revenues $ 431,952 $ 448,299
Other 505 637
Total operating revenues 432,457 448,936
Operating Expenses:    
Purchased power 74,109 111,899
Fuel expense 69,401 92,241
Power cost adjustment 47,685 22,363
Other operations and maintenance 113,007 105,829
Energy efficiency programs 5,232 4,291
Depreciation 59,785 54,013
Other electric utility operating expenses, net 7,682 8,008
Total electric utility operating expenses 376,901 398,644
Other 627 696
Total operating expenses 377,528 399,340
Operating Income 54,929 49,596
Nonoperating (Income) Expense:    
Allowance for equity funds used during construction (14,441) (11,152)
Earnings of unconsolidated equity-method investments (717) (625)
Interest on long-term debt 38,168 33,308
Other interest 6,481 5,467
Allowance for borrowed funds used during construction (7,651) (5,959)
Other income, net (14,106) (14,165)
Total nonoperating expense, net 7,734 6,874
Income Before Income Taxes 47,195 42,722
Income Tax Benefit (12,466) (5,546)
Net Income 59,661 48,268
Income attributable to noncontrolling interests (14) (95)
Net Income Attributable to IDACORP, Inc. $ 59,647 $ 48,173
Weighted-average common shares outstanding - basic (in shares) 54,110 50,764
Weighted-average common shares outstanding - diluted (in shares) 54,126 50,792
Earnings Per Share of Common Stock:    
Earnings attributable to IDACORP, Inc. - basic (in dollars per share) $ 1.10 $ 0.95
Earnings attributable to IDACORP, Inc. - diluted (in dollars per share) $ 1.10 $ 0.95