Information By Business Segments (Tables)

6 Months Ended

Jun. 30, 2013

Segment Reporting [Abstract]

Information by Business Segments

The following table presents information for each of the Company’s business segments (dollars in thousands):

	Avista Utilities		Ecova		Other			Total Non-Utility			Intersegment Eliminations (1)			Total
For the three months ended June 30, 2013:
Operating revenues	$	298,169	$	44,560	$	9,769		$	54,329		$	(450	)	$	352,048
Resource costs	126,511		—		—			—			—			126,511
Other operating expenses	65,784		37,716		9,865			47,581			(450		)	112,915
Depreciation and amortization	29,025		4,072		175			4,247			—			33,272
Income from operations	55,240		2,772		(270		)	2,502			—			57,742
Interest expense (2)	19,028		423		603			1,026			(76		)	19,978
Income taxes	14,553		1,102		(243		)	859			—			15,412
Net income (loss) attributable to Avista Corporation shareholders	24,568		1,521		(432		)	1,089			—			25,657
Capital expenditures	74,699		435		90			525			—			75,224
For the three months ended June 30, 2012:
Operating revenues	$	293,765	$	40,080	$	10,190		$	50,270		$	(450	)	$	343,585
Resource costs	135,992		—		—			—			—			135,992
Other operating expenses (3)	64,981		34,750		10,532			45,282			(450		)	109,813
Depreciation and amortization	27,754		3,359		212			3,571			—			31,325
Income from operations (3)	44,603		1,971		(554		)	1,417			—			46,020
Interest expense (2)	18,101		411		902			1,313			(89		)	19,325
Income taxes	10,108		805		(553		)	252			—			10,360
Net income (loss) attributable to Avista Corporation shareholders	18,020		1,149		(991		)	158			—			18,178
Capital expenditures	62,705		1,083		39			1,122			—			63,827
For the six months ended June 30, 2013:
Operating revenues	$	729,746	$	86,967	$	19,141		$	106,108		$	(900	)	$	834,954
Resource costs	356,141		—		—			—			—			356,141
Other operating expenses	131,228		73,706		19,660			93,366			(900		)	223,694
Depreciation and amortization	56,960		7,565		365			7,930			—			64,890
Income from operations	137,991		5,696		(883		)	4,813			—			142,804
Interest expense (2)	37,798		867		1,276			2,143			(153		)	39,788
Income taxes	39,333		2,086		(771		)	1,315			—			40,648
Net income (loss) attributable to Avista Corporation shareholders	66,818		2,719		(1,539		)	1,180			—			67,998
Capital expenditures	145,344		1,229		115			1,344			—			146,688
For the six months ended June 30, 2012:
Operating revenues	$	699,675	$	77,090	$	19,977		$	97,067		$	(900	)	$	795,842
Resource costs	347,004		—		—			—			—			347,004
Other operating expenses (3)	130,303		70,524		19,249			89,773			(900		)	219,176
Depreciation and amortization	55,072		6,195		380			6,575			—			61,647
Income from operations (3)	121,695		371		348			719			—			122,414
Interest expense (2)	36,147		771		1,867			2,638			(183		)	38,602
Income taxes	31,835		423		(760		)	(337		)	—			31,498
Net income (loss) attributable to Avista Corporation shareholders	57,497		322		(1,253		)	(931		)	—			56,566
Capital expenditures	120,476		2,225		41			2,266			—			122,742
Total Assets:
As of June 30, 2013:	$	3,911,203	$	346,424	$	90,169		$	436,593		$	—		$	4,347,796
As of December 31, 2012:	$	3,894,821	$	322,720	$	95,638		$	418,358		$	—		$	4,313,179

(1) Intersegment eliminations reported as operating revenues and resource costs represent intercompany purchases and sales of electric capacity and energy. Intersegment eliminations reported as interest expense represent intercompany interest.

(2) Including interest expense to affiliated trusts.

(3) Includes a correction of an immaterial error related to the reclassification of certain operating expenses from other expense-net to utility and non-utility other operating expenses and utility taxes other than income taxes. This correction did not have an impact on net income or earnings per share. See Note 1 for further information regarding this reclassification.