v3.26.1
Segment Reporting (Tables)
 3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Segment Reporting
Information on Basin Electric’s segments for the three months ended March 31, 2026 and 2025 was as follows:
Three Months Ended March 31, 2026
Electric UtilityGasificationCoal and Limestone OperationsTotal Reportable Segments
(In thousands)
Operating revenue:
External$671,589 $114,453 $55,161 $841,203 
Intersegment— — 30,966 30,966 
671,589 114,453 86,127 872,169 
Elimination of intersegment revenue(30,966)
Total operating revenue$841,203 
Less:
Electric fuel and purchased power335,299 — — 
Electric operations and maintenance181,712 — — 
Cost of products sold:
External— 78,525 53,221 
Intersegment— 30,966 — 
Nonelectric selling, general and administrative— 23,740 2,150 
Depreciation, depletion and amortization49,697 10,346 5,000 
Other (income) expense(17,105)(39,684)3,065 
Interest and other charges:
External66,527 4,000 3,098 
Intersegment(3,792)— — 
Income tax (benefit) expense(1,112)3,822 3,565 
Net margin and earnings attributable to noncontrolling interest— — 6,200 
Segment net margin and earnings60,363 2,738 9,828 72,929 
Elimination of intercompany gain(3,792)
Other net earnings6,230 
Net margin and earnings attributable to Basin Electric$75,367 
Segment capital expenditures (a)
$221,105 $1,858 $4,835 $227,798 
Other capital expenditures— 
Total consolidated capital expenditures$227,798 
_______________
(a)Does not include accruals for property, plant and equipment as disclosed in the supplemental cash flow information to the consolidated statements of cash flows.
Three Months Ended March 31, 2025
Electric UtilityGasificationCoal and Limestone OperationsTotal Reportable Segments
(In thousands)
Operating revenue:
External$618,433 $110,956 $49,223 $778,612 
Intersegment— — 28,604 28,604 
618,433 110,956 77,827 807,216 
Elimination of intersegment revenue(28,604)
Total operating revenue$778,612 
Less:
Electric fuel and purchased power310,658 — — 
Electric operations and maintenance177,243 — — 
Cost of products sold:
External— 72,186 51,548 
Intersegment— 28,604 — 
Nonelectric selling, general and administrative— 22,240 2,395 
Depreciation, depletion and amortization51,505 10,019 4,599 
Other (income) expense(16,781)(31,111)1,693 
Interest and other charges:
External51,535 8,688 3,356 
Intersegment2,376 — — 
Income tax (benefit) expense(275)2,706 2,404 
Net margin and earnings attributable to noncontrolling interest— — 6,316 
Segment net margin and earnings (loss)42,172 (2,376)5,516 45,312 
Elimination of intercompany loss2,376 
Other net earnings14 
Net margin and earnings attributable to Basin Electric$47,702 
Segment capital expenditures (a)
$99,693 $4,479 $1,651 $105,823 
Other capital expenditures349 
Total consolidated capital expenditures$106,172 
_______________
(a)Does not include accruals for property, plant and equipment as disclosed in the supplemental cash flow information to the consolidated statements of cash flows.