v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - Southwest - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Regulated operations revenues $ 358,154 $ 396,318 $ 943,273 $ 1,142,734
Operating expenses:        
Net cost of gas sold 38,442 102,134 146,596 386,713
Operations and maintenance 133,792 137,501 266,793 268,168
Depreciation and amortization 77,846 68,940 177,449 162,630
Taxes other than income taxes 23,747 23,250 48,762 47,011
Total operating expenses 273,827 331,825 639,600 864,522
Operating income 84,327 64,493 303,673 278,212
Other income and (expenses):        
Net interest deductions (44,052) (53,367) (89,795) (107,786)
Other income 11,295 18,068 22,286 27,263
Total other (expenses) (32,757) (35,299) (67,509) (80,523)
Income from continuing operations before income taxes 51,570 29,194 236,164 197,689
Income tax expense (benefit) 9,448 29,925 55,668 64,132
Net income 42,122 (40,154) 180,496 73,716
Southwest Gas Corporation        
Regulated operations revenues 358,154 396,318 943,273 1,144,834
Operating expenses:        
Net cost of gas sold 38,442 102,134 146,596 386,713
Operations and maintenance 132,952 136,652 264,455 266,059
Depreciation and amortization 77,685 68,940 177,288 162,630
Taxes other than income taxes 23,747 23,250 48,762 47,011
Total operating expenses 272,826 330,976 637,101 862,413
Operating income 85,328 65,342 306,172 282,421
Other income and (expenses):        
Net interest deductions (43,987) (44,737) (89,667) (89,368)
Other income 8,420 17,806 14,135 27,108
Total other (expenses) (35,567) (26,931) (75,532) (62,260)
Income from continuing operations before income taxes 49,761 38,411 230,640 220,161
Income tax expense (benefit) 9,004 (7,235) 52,112 31,920
Net income $ 40,757 $ 45,646 $ 178,528 $ 188,241