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STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Gross Margin        
Revenues $ 296,838 $ 311,608 $ 1,063,016 $ 947,541
Cost of natural gas 120,345 133,161 626,687 517,420
Net margin 176,493 178,447 436,329 430,121
Operating expenses        
Operations and maintenance 103,826 93,240 207,325 192,934
Depreciation and amortization 31,318 32,904 62,778 67,771
General taxes 14,537 12,996 30,061 28,271
Total operating expenses 149,681 139,140 300,164 288,976
Operating income 26,812 39,307 136,165 141,145
Other income 672 382 1,305 2,078
Other expense (337) (425) (1,485) (1,502)
Interest expense (11,776) (15,163) (24,726) (30,469)
Income before income taxes 15,371 24,101 111,259 111,252
Income taxes (5,917) (9,150) (42,729) (42,809)
Net income $ 9,454 $ 14,951 $ 68,530 $ 68,443
Earnings per share (Note 5)        
Basic $ 0.18 $ 0.29 $ 1.32 $ 1.31
Diluted $ 0.18 $ 0.29 $ 1.31 $ 1.31
Average shares (thousands)        
Basic 51,797 52,319 52,065 52,319
Diluted 52,446 52,319 52,481 52,319
Dividends declared per share of stock $ 0.28 $ 0.00 $ 0.28 $ 0.00