v3.25.1
CHANGES IN ACCUMULATED OTHER COMPREHENSIVE INCOME (Notes)
 3 Months Ended
Mar. 31, 2025
Statement of Comprehensive Income [Abstract]  
CHANGES IN ACCUMULATED OTHER COMPREHENSIVE INCOME CHANGES IN ACCUMULATED OTHER COMPREHENSIVE INCOME
The table below presents changes in components of AOCI, net of tax, during the three months ended March 31, 2025 and 2024 (in thousands). Items in parentheses indicate charges to AOCI.
Defined Benefit Pension Items
Three months ended
March 31,
Defined benefit pension items20252024
Balance at beginning of period$(13,592)$(17,184)
Other comprehensive income before reclassification(229)— 
Amounts reclassified out of AOCI169 284 
Balance at end of period$(13,652)$(16,900)
The table below presents amounts reclassified out of components of AOCI and the income statement location of those amounts reclassified during the three months ended March 31, 2025 and 2024 (in thousands). Items in parentheses indicate increases to net income.
Amount Reclassified from AOCI
Details About AOCIThree months ended
March 31,
20252024
Amortization of defined benefit pension items(1)
Prior service cost$55 $55 
Net loss173 328 
Total before tax228 383 
Tax benefit(2)
(59)(99)
Total reclassification for the period, net of tax$169 $284 
(1) Amortization of these items is included in IDACORP's condensed consolidated statements of income in other operating expenses and in Idaho Power's condensed consolidated statements of income in other expense, net.
(2) The tax benefit is included in income tax expense in the condensed consolidated statements of income of both IDACORP and Idaho Power.