Segment Information

9 Months Ended

Sep. 30, 2015

Segment Information

Segment Information

Note 11— Segment Information

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

	For the three months ended September 30, 2015
($-000’s)	Electric		Gas			Other		Eliminations			Total
Statement of Income Information
Revenues	$	162,412	$	5,084		$	2,563	$	(345	)	$	169,714
Depreciation and amortization	18,651		984			455		—			20,090
Federal and state income taxes	15,137		(340		)	467		—			15,264
Operating income	34,622		413			748		—			35,783
Interest income	1		6			12		(17		)	2
Interest expense	10,384		968			—		(17		)	11,335
Income from AFUDC (debt and equity)	1,997		3			—		—			2,000
Net income	25,086		(560		)	759		—			25,285
Capital Expenditures	$	39,867	$	2,009		$	470				$	42,346

	For the three months ended September 30, 2014
($-000’s)	Electric		Gas			Other		Eliminations			Total
Statement of Income Information
Revenues	$	164,500	$	4,989		$	2,343	$	(320	)	$	171,512
Depreciation and amortization	17,127		966			457		—			18,550
Federal and state income taxes	13,560		(293		)	447		—			13,714
Operating income	30,380		647			682		—			31,709
Interest income	2		4			6		(8		)	4
Interest expense	9,424		968			—		(8		)	10,384
Income from AFUDC (debt and equity)	2,769		2			—		—			2,771
Net income	23,561		(322		)	653		—			23,892
Capital Expenditures	$	60,151	$	1,628		$	430				$	62,209

	For the nine months ended September 30, 2015
($-000’s)	Electric		Gas		Other		Eliminations			Total
Statement of Income Information
Revenues	$	431,335	$	31,181	$	7,334	$	(1,035	)	$	468,815
Depreciation and amortization	55,930		2,932		1,375		—			60,237
Federal and state income taxes	26,296		454		1,326		—			28,076
Operating income	70,791		3,629		2,124		—			76,544
Interest income	128		34		33		(53		)	142
Interest expense	30,686		2,898		—		(53		)	33,531
Income from AFUDC (debt and equity)	5,493		6		—		—			5,499
Net income	43,809		728		2,155		—			46,692
Capital Expenditures	$	137,977	$	3,679	$	1,824				$	143,480

	For the nine months ended September 30, 2014
($-000’s)	Electric		Gas		Other		Eliminations			Total
Statement of Income Information
Revenues	$	458,355	$	36,587	$	6,985	$	(960	)	$	500,967
Depreciation and amortization	50,493		2,790		1,365		—			54,648
Federal and state income taxes	30,138		1,065		1,281		—			32,484
Operating income	74,091		4,545		2,062		—			80,698
Interest income	34		23		14		(23		)	48
Interest expense	28,245		2,893		—		(23		)	31,115
Income from AFUDC (debt and equity)	7,036		79		—		—			7,115
Net income	52,271		1,712		2,008		—			55,991
Capital Expenditures	$	151,764	$	6,084	$	1,269				$	159,117

	For the twelve months ended September 30, 2015
($-000’s)	Electric		Gas		Other		Eliminations			Total
Statement of Income Information
Revenues	$	565,471	$	46,437	$	9,650	$	(1,379	)	$	620,179
Depreciation and amortization	72,971		3,902		1,901		—			78,774
Federal and state income taxes	31,894		1,230		1,689		—			34,813
Operating income	87,188		5,859		2,798		—			95,845
Interest income	131		36		40		(62		)	145
Interest expense	40,352		3,865		—		(62		)	44,155
Income from AFUDC (debt and equity)	8,290		11		—		—			8,301
Net income	53,005		1,981		2,818		—			57,804
Capital Expenditures	$	199,189	$	5,431	$	2,656				$	207,276

	For the twelve months ended September 30, 2014
($-000’s)	Electric		Gas		Other		Eliminations			Total
Statement of Income Information
Revenues	$	588,611	$	53,406	$	9,288	$	(1,280	)	$	650,025
Depreciation and amortization	66,937		3,720		1,826		—			72,483
Federal and state income taxes	37,735		1,842		1,719		—			41,296
Operating income	94,978		6,735		2,784		—			104,497
Interest income	72		29		16		(25		)	92
Interest expense	37,655		3,857		—		(25		)	41,487
Income from AFUDC (debt and equity)	9,062		89		—		—			9,151
Net Income	65,501		2,932		2,721		—			71,154
Capital Expenditures	$	191,690	$	7,679	$	2,381				$	201,750

	As of September 30, 2015
($-000’s)	Electric		Gas(1)		Other		Eliminations			Total
Balance Sheet Information
Total assets	$	2,348,920	$	124,499	$	36,130	$	(46,706	)	$	2,462,843

(1) Includes goodwill of $39,492.

	As of December 31, 2014
($-000’s)	Electric		Gas(1)		Other		Eliminations			Total
Balance Sheet Information
Total assets	$	2,271,539	$	130,856	$	34,655	$	(46,794	)	$	2,390,256

(1) Includes goodwill of $39,492.