XML 163 R7.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Cash Flows from Operating Activities    
Net Income (Loss) $ 23,064 $ (10,113)
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:    
Net (Gain) Loss from Sale of Discontinued Operations (210) 3,544
Net (Income) Loss from Discontinued Operations (116) 23,645
Depreciation and Amortization 29,755 29,683
Asset Impairment Charge   432
Deferred Tax Credits (955) (1,045)
Deferred Income Taxes 9,882 3,180
Change in Deferred Debits and Other Assets 7,519 9,960
Discretionary Contribution to Pension Plan (10,000) (10,000)
Change in Noncurrent Liabilities and Deferred Credits 4,971 6,995
Allowance for Equity-Other Funds Used During Construction (567) (378)
Change in Derivatives Net of Regulatory Deferral 486 748
Stock Compensation Expense - Equity Awards 786 612
Other-Net 867 3,133
Cash (Used for) Provided by Current Assets and Current Liabilities:    
Change in Receivables (10,126) (7,551)
Change in Inventories (4,075) (866)
Change in Other Current Assets (783) (2,598)
Change in Payables and Other Current Liabilities (1,362) 5,028
Change in Interest and Income Taxes Receivable/Payable (313) (8,832)
Net Cash Provided by Continuing Operations 48,823 45,577
Net Cash Used in Discontinued Operations (1,971) (60)
Net Cash Provided by Operating Activities 46,852 45,517
Cash Flows from Investing Activities    
Capital Expenditures (51,153) (64,989)
Net Proceeds from Disposal of Noncurrent Assets 1,603 2,223
Net Increase in Other Investments (25) (268)
Net Cash Used in Investing Activities - Continuing Operations (49,575) (63,034)
Net Proceeds from Sale of Discontinued Operations 12,842 24,278
Net Cash Provided by (Used in) Investing Activities - Discontinued Operations 193 (12,822)
Net Cash Used in Investing Activities (36,540) (51,578)
Cash Flows from Financing Activities    
Change in Checks Written in Excess of Cash   6,419
Net Short-Term Borrowings 1,117 11,274
Proceeds from Issuance of Common Stock 1,462  
Common Stock Issuance Expenses   (86)
Payments for Retirement of Capital Stock (15,723) (110)
Proceeds from Issuance of Long-Term Debt 40,900  
Short-Term and Long-Term Debt Issuance Expenses (52) (10)
Payments for Retirement of Long-Term Debt (25,222) (81)
Dividends Paid and Other Distributions (22,097) (21,980)
Net Cash Used in Financing Activities - Continuing Operations (19,615) (4,574)
Net Cash Used in Financing Activities - Discontinued Operations   (3,344)
Net Cash Used in Financing Activities (19,615) (7,918)
Net Change in Cash and Cash Equivalents - Discontinued Operations (784) (2,015)
Net Change in Cash and Cash Equivalents (10,087) (15,994)
Cash and Cash Equivalents at Beginning of Period 52,362 15,994
Cash and Cash Equivalents at End of Period $ 42,275