Segment Information

6 Months Ended

Jun. 30, 2011

Segment Information

Segment Information

Note 11— Segment Information

We operate our business as three segments:  electric, gas and other. As part of our electric segment, we also provide water service to three towns in Missouri. The other segment consists of our fiber optics business.

The tables below present statement of operations information, balance sheet information and capital expenditures of our business segments.

	For the quarter ended June 30, 2011
	Electric		Gas			Other		Eliminations			Total
($-000’s)
Statement of Operations Information
Revenues	$	120,329	$	7,303		$	1,609	$	(148	)	$	129,093
Depreciation and amortization	15,582		870			436		—			16,888
Federal and state income taxes	5,340		(13		)	252		—			5,579
Operating income	17,795		928			411		—			19,134
Interest income	16		58			—		(58		)	16
Interest expense	9,017		978			1		(58		)	9,938
Income from AFUDC (debt and equity)	128		—			—		—			128
Net income	8,792		(27		)	410		—			9,175
Capital Expenditures	$	33,034	$	694		$	1,081				$	34,809

	For the quarter ended June 30, 2010
	Electric		Gas			Other		Eliminations			Total
($-000’s)
Statement of Operations Information
Revenues	$	106,686	$	6,516		$	1,428	$	(148	)	$	114,482
Depreciation and amortization	12,373		831			382		—			13,586
Federal and state income taxes	4,497		(219		)	207		—			4,485
Operating income	13,388		543			348		—			14,279
Interest income	61		133			—		(142		)	52
Interest expense	10,147		986			12		(142		)	11,003
Income from AFUDC (debt and equity)	4,337		6			—		—			4,343
Net income	7,405		(372		)	336		—			7,369
Capital Expenditures	$	24,545	$	598		$	608				$	25,751

	For the six months ended June 30, 2011
	Electric		Gas		Other		Eliminations			Total
($-000’s)
Statement of Operations Information
Revenues	$	248,690	$	28,292	$	3,135	$	(296	)	$	279,821
Depreciation and amortization	31,610		1,743		868		—			34,221
Federal and state income taxes	10,973		1,368		483		—			12,824
Operating income	36,071		4,122		788		—			40,981
Interest income	38		130		—		(128		)	40
Interest expense	17,818		1,954		4		(128		)	19,648
Income from AFUDC (debt and equity)	151		—		—		—			151
Net income	18,093		2,219		785		—			21,097
Capital Expenditures	$	49,885	$	1,034	$	1,448				$	52,367

	For the six months ended June 30, 2010
	Electric		Gas		Other		Eliminations			Total
($-000’s)
Statement of Operations Information
Revenues	$	220,718	$	31,077	$	2,877	$	(296	)	$	254,376
Depreciation and amortization	24,674		1,339		758		—			26,771
Federal and state income taxes	12,778		1,220		421		—			14,419
Operating income	25,873		3,778		706		—			30,357
Interest income	133		259		—		(270		)	122
Interest expense	20,707		1,969		22		(270		)	22,428
Income from AFUDC (debt and equity)	8,492		6		—		—			8,498
Net income	13,329		1,942		684		—			15,955
Capital Expenditures	$	53,781	$	886	$	1,959				$	56,626

	For the twelve months ended June 30, 2011
	Electric		Gas		Other		Eliminations			Total
($-000’s)
Statement of Operations Information
Revenues	$	512,686	$	48,101	$	6,526	$	(592	)	$	566,721
Depreciation and amortization	60,919		3,436		1,751		—			66,106
Federal and state income taxes	26,120		1,767		1,051		—			28,938
Operating income	82,725		6,672		1,722		—			91,119
Interest income	103		273		—		(282		)	94
Interest expense	35,908		3,926		15		(282		)	39,567
Income from AFUDC (debt and equity)	1,814		12		—		—			1,826
Net income	47,951		2,879		1,707		—			52,537
Capital Expenditures	$	96,148	$	5,389	$	2,258				$	103,795

	For the twelve months ended June 30, 2010
	Electric		Gas		Other		Eliminations			Total
($-000’s)
Statement of Operations Information
Revenues	$	445,745	$	52,384	$	5,762	$	(592	)	$	503,299
Depreciation and amortization	48,992		2,352		1,509		—			52,853
Federal and state income taxes	22,598		1,216		832		—			24,646
Operating income	63,089		5,643		1,438		—			70,170
Interest income	222		396		—		(416		)	202
Interest expense	42,481		3,943		39		(416		)	46,047
Income from AFUDC (debt and equity)	15,684		7		—		—			15,691
Net Income	35,546		1,813		1,352		—			38,711
Capital Expenditures	$	126,589	$	2,287	$	2,430				$	131,306

As of June 30, 2011

	Electric		Gas(1)		Other		Eliminations			Total
($-000’s)
Balance Sheet Information
Total assets	$	1,854,569	$	140,712	$	24,349	$	(88,647	)	$	1,930,983

(1) Includes goodwill of $39,492.

As of December 31, 2010

	Electric		Gas(1)		Other		Eliminations			Total
($-000’s)
Balance Sheet Information
Total assets	$	1,837,910	$	139,532	$	23,163	$	(79,294	)	$	1,921,311

(1) Includes goodwill of $39,492.