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CONSOLIDATED STATEMENT OF INCOME (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
CONSOLIDATED STATEMENT OF INCOME (Unaudited) [Abstract]        
Operating Revenues $ 283,508 $ 314,049 $ 741,846 $ 875,102
Operation        
Purchased power 34,358 37,311 75,016 86,574
Natural gas purchased 39,953 63,537 190,758 292,880
Operation and maintenance 88,586 90,393 174,793 175,525
Transmission wholesale 17,234 17,607 33,282 34,629
Depreciation and amortization (Note F) 43,048 39,077 89,607 84,048
Taxes - other than income taxes (Note F) 23,822 25,900 54,422 61,407
Total Operating Expenses 247,001 273,825 617,878 735,063
Operating Income 36,507 40,224 123,968 140,039
Other Income and (Deductions), net (Note F) 4,872 5,604 13,789 10,269
Interest Charges, net        
Interest on long-term debt 21,825 22,670 42,927 44,007
Other interest, net (Note F) 1,312 422 2,847 1,729
Interest Charges, gross 23,137 23,092 45,774 45,736
Amortization of debt expense and redemption premiums 599 505 1,208 1,335
Total Interest Charges, net 23,736 23,597 46,982 47,071
Income Before Income Taxes, Equity Earnings 17,643 22,231 90,775 103,237
Income Taxes (Note E) 9,546 10,708 40,089 41,718
Income Before Equity Earnings 8,097 11,523 50,686 61,519
Income from Equity Investments 3,915 2,647 8,402 4,709
Net Income 12,012 14,170 59,088 66,228
Less: Preferred Stock Dividends of Subsidiary, Noncontrolling Interests 13 14 39 28
Net Income attributable to UIL Holdings $ 11,999 $ 14,156 $ 59,049 $ 66,200
Average Number of Common Shares Outstanding - Basic (in shares) 50,793 50,628 50,740 50,574
Average Number of Common Shares Outstanding - Diluted (in shares) 51,041 50,872 51,002 50,824
Earnings Per Share of Common Stock - Basic (Note A): (in dollars per share) $ 0.24 $ 0.28 $ 1.16 $ 1.31
Earnings Per Share of Common Stock - Diluted (Note A): (in dollars per share) $ 0.23 $ 0.28 $ 1.16 $ 1.30
Cash Dividends Declared per share of Common Stock (in dollars per share) $ 0.432 $ 0.432 $ 0.864 $ 0.864