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Consolidated Condensed Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Operating Revenues    
Oil and gas operations $ 254,994 $ 223,957
Natural gas distribution 237,685 194,487
Total operating revenues 492,679 418,444
Operating Expenses    
Cost of gas 95,442 59,586
Operations and maintenance 145,837 110,561
Depreciation, depletion and amortization 115,295 94,534
Income taxes    
Deferred 29,028 23,182
Asset impairment 0 21,545
Taxes, other than income taxes 28,772 26,235
Accretion expense 1,997 1,813
Total operating expenses 387,343 314,274
Operating Income 105,336 104,170
Other Income (Expense)    
Interest expense (16,754) (15,425)
Other income 1,758 2,032
Other expense (69) (113)
Total other expense (15,065) (13,506)
Interest Expense    
Income Before Income Taxes 90,271 90,664
Income tax expense 33,579 33,258
Net Income 56,692 57,406
Diluted Earnings Per Average Common Share (in dollars per share) $ 0.78 $ 0.79
Basic Earnings Per Average Common Share (in dollars per share) $ 0.79 $ 0.80
Dividends Per Common Share (in dollars per share) $ 0.145 $ 0.14
Diluted Average Common Shares Outstanding 72,288 72,326
Basic Average Common Shares Outstanding 72,143 72,102
Alabama Gas Corporation
   
Operating Revenues    
Natural gas distribution 237,685 194,487
Operating Expenses    
Cost of gas 95,442 59,586
Operations and maintenance 38,017 34,066
Depreciation, depletion and amortization 10,729 10,446
Income taxes    
Current 25,921 25,440
Deferred 3,020 3,198
Taxes, other than income taxes 14,204 11,829
Total operating expenses 187,333 144,565
Operating Income 50,352 49,922
Other Income (Expense)    
Interest expense (4,030) (4,062)
Allowance for funds used during construction 219 134
Other income 750 986
Other expense (69) (62)
Total other expense 900 1,058
Interest Expense    
Interest on long-term debt 3,378 3,424
Other interest expense 652 638
Net Income $ 47,222 $ 46,918