XML 31 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Mar. 31, 2013
Mar. 31, 2012
Operating revenues:        
Electric $ 128,762 $ 119,726 $ 519,690 $ 515,641
Gas 20,493 15,683 44,659 41,124
Other 1,885 1,735 6,745 6,521
Total operating revenues 151,140 137,144 571,094 563,286
Operating revenue deductions:        
Fuel and purchased power 45,303 45,229 178,971 191,268
Cost of natural gas sold and transported 11,925 8,581 21,977 19,302
Regulated operating expenses 27,137 23,348 98,160 89,075
Other operating expenses 794 598 2,926 2,221
Maintenance and repairs 9,157 9,124 40,476 40,923
Loss on plant disallowance 2,409   2,409 150
Depreciation and amortization 16,100 14,935 61,612 61,138
Provision for income taxes 7,454 6,084 35,466 32,886
Other taxes 9,003 8,435 31,828 30,426
Total operating revenue deductions 129,282 116,334 473,825 467,389
Operating income 21,858 20,810 97,269 95,897
Other income and (deductions):        
Allowance for equity funds used during construction 526 50 1,623 343
Interest income 508 179 1,300 712
Benefit (provision) for other income taxes (28) (115) 25 (366)
Other - non-operating expense, net (289) (227) (1,973) (1,224)
Total other income and (deductions) 717 (113) 975 (535)
Interest charges:        
Long-term debt 9,951 10,654 39,488 42,603
Short-term debt 47 30 205 85
Allowance for borrowed funds used during construction (305) (48) (1,038) (243)
Other 252 257 1,083 63
Total interest charges 9,945 10,893 39,738 42,508
Net income $ 12,630 $ 9,804 $ 58,506 $ 52,854
Weighted average number of common shares outstanding - basic (in shares) 42,564 42,047 42,385 41,946
Weighted average number of common shares outstanding - diluted (in shares) 42,587 42,075 42,401 41,968
Total earnings per weighted average share of common stock - basic and diluted (in dollars per share) $ 0.30 $ 0.23 $ 1.38 $ 1.26
Dividends declared per share of common stock (in dollars per share) $ 0.25 $ 0.25 $ 1.00 $ 0.57