XML 68 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Operating revenues:      
Electric $ 510,653 $ 524,275 $ 484,715
Gas 39,849 46,430 50,885
Other 6,595 6,165 5,676
Total operating revenues 557,097 576,870 541,276
Operating revenue deductions:      
Fuel and purchased power 178,896 200,256 199,299
Cost of natural gas sold and transported 18,633 22,760 26,614
Regulated operating expenses 94,371 85,442 79,292
Other operating expenses 2,730 2,098 1,950
Maintenance and repairs 40,444 41,041 36,771
Loss on plant disallowance   150  
Depreciation and amortization 60,447 63,537 58,656
Provision for income taxes 34,096 34,071 30,470
Other taxes 31,259 30,581 27,729
Total operating revenue deductions 460,876 479,936 460,781
Operating income 96,221 96,934 80,495
Other income and (deductions):      
Allowance for equity funds used during construction 1,147 294 4,538
Interest income 972 555 176
Provision for other income taxes (63) (227) (63)
Other - non-operating expense, net (1,910) (1,283) (1,039)
Total other income and (deductions) 146 (661) 3,612
Interest charges:      
Long-term debt 40,192 42,581 41,959
Trust preferred securities     2,090
Short-term debt 187 86 631
Allowance for borrowed funds used during construction (781) (218) (5,636)
Other 1,088 (1,147) (2,333)
Total interest charges 40,686 41,302 36,711
Net income $ 55,681 $ 54,971 $ 47,396
Weighted average number of common shares outstanding - basic (in shares) 42,257 41,852 40,545
Weighted average number of common shares outstanding - diluted (in shares) 42,284 41,887 40,580
Total earnings per weighted average share of common stock - basic and diluted (in dollars per share) $ 1.32 $ 1.31 $ 1.17
Dividends declared per share of common stock (in dollars per share) $ 1.00 $ 0.64 $ 1.28