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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Operating revenues:            
Electric $ 119,903 $ 106,249 $ 247,838 $ 219,849 $ 510,899 $ 443,971
Gas 7,303 6,516 28,292 31,076 48,101 52,384
Water 426 436 852 870 1,787 1,774
Other 1,461 1,281 2,839 2,581 5,934 5,170
Total operating revenues 129,093 114,482 279,821 254,376 566,721 503,299
Operating revenue deductions:            
Fuel and purchased power 47,228 44,255 101,445 94,939 205,805 188,629
Cost of natural gas sold and transported 2,712 2,265 14,752 17,375 23,991 29,457
Regulated operating expenses 19,085 19,272 38,801 38,189 79,904 75,698
Other operating expenses 649 480 1,123 968 2,106 1,937
Maintenance and repairs 10,540 9,600 19,782 17,407 39,146 33,827
Depreciation and amortization 16,888 13,586 34,221 26,771 66,106 52,853
Provision for income taxes 5,588 4,439 12,857 14,328 28,999 24,338
Other taxes 7,269 6,306 15,859 14,042 29,545 26,390
Total operating revenue deductions 109,959 100,203 238,840 224,019 475,602 433,129
Operating income 19,134 14,279 40,981 30,357 91,119 70,170
Other income and (deductions):            
Allowance for equity funds used during construction 70 1,913 70 3,653 954 7,225
Interest income 16 52 40 122 94 202
Benefit/(provision) for other income taxes 9 (46) 33 (91) 61 (308)
Other - non-operating expense, net (174) (256) (460) (503) (996) (997)
Total other income and (deductions) (79) 1,663 (317) 3,181 113 6,122
Interest charges:            
Long-term debt 10,640 10,083 21,273 20,568 42,664 42,106
Trust preferred securities   1,027   2,090   4,215
Short-term debt 16 245 47 490 188 828
Allowance for borrowed funds used during construction (58) (2,430) (81) (4,845) (872) (8,466)
Other (718) (352) (1,672) (720) (3,285) (1,102)
Total interest charges 9,880 8,573 19,567 17,583 38,695 37,581
Net income $ 9,175 $ 7,369 $ 21,097 $ 15,955 $ 52,537 $ 38,711
Weighted average number of common shares outstanding - basic (in shares) 41,811 40,623 41,738 39,618 41,596 37,645
Weighted average number of common shares outstanding - diluted (in shares) 41,846 40,654 41,774 39,645 41,627 37,665
Total earnings per weighted average share of common stock - basic (in dollars per share) $ 0.22 $ 0.18 $ 0.51 $ 0.40 $ 1.26 $ 1.03
Total earnings per weighted average share of common stock - diluted (in dollars per share) $ 0.22 $ 0.18 $ 0.51 $ 0.40 $ 1.26 $ 1.03
Dividends per share of common stock (in dollars per share) $ 0.32 $ 0.32 $ 0.64 $ 0.64 $ 1.28 $ 1.28