XML 51 R29.htm IDEA: XBRL DOCUMENT v2.4.0.6
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2012
Summary of Significant Accounting Policies [Abstract]  
Schedule of Regulatory Assets and Liabilities [Text Block]
Regulatory assets and liabilities are comprised of the following:

(in thousands)
December 31,
 
2012
 
2011
Assets:

 

Pension and postretirement benefits
$
21,341

 
$
17,829

Unrecovered income taxes and other
9,871

 
7,355

Deferred revenue (included in deferred charges)
3,644

 
3,883

Other (included in deferred charges)
3,151

 
2,464

Total regulatory assets
$
38,007

 
$
31,531

Liabilities:
 

 
 

Other (included in other current liabilities)
$
499

 
$
—

Unamortized Investment Tax Credits
1,490

 
1,313

Unfunded future income taxes and other
11,215

 
7,355

Total regulatory liabilities
$
13,204

 
$
8,668

Components of Addition to Net Utility Plant [Table Text Block]
The components that comprise Net Additions to Utility Plant during the last three years ending December 31 are as follows:

(in thousands)
2012
 
2011
 
2010
Additions to Utility Plant:

 

 

Company Financed
$
24,653

 
$
22,858

 
$
26,240

Allowance for Funds Used During Construction
239

 
188

 
171

Subtotal – Utility Plant Increase to Rate Base
24,892

 
23,046

 
26,411

Advances from Others for Construction
1,041

 
966

 
281

Net Additions to Utility Plant
$
25,933

 
$
24,012

 
$
26,692

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
EARNINGS PER SHARE – The following is a reconciliation of the numerators and denominators of the basic and diluted earnings per share for the years ended December 31:

Years ended December 31,
2012
 
2011
 
2010
Numerator (in thousands)

 

 

Basic Net Income Applicable to Common Stock
$
13,602

 
$
11,262

 
$
9,760

Diluted Net Income Applicable to Common Stock
$
13,602

 
$
11,262

 
$
9,760

Denominator (in thousands)
 

 
 

 
 

Basic Weighted Average Shares Outstanding
8,763

 
8,610

 
8,532

Dilutive Effect of Stock Awards
137

 
110

 
101

Diluted Weighted Average Shares Outstanding
8,900

 
8,720

 
8,633

Earnings per Share
 

 
 

 
 

Basic Earnings per Share
$
1.55

 
$
1.31

 
$
1.14

Dilutive Effect of Stock Awards
0.02

 
0.02

 
0.01

Diluted Earnings per Share
$
1.53

 
$
1.29

 
$
1.13