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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Revenues        
Total revenues $ 831,229 $ 867,720 $ 2,412,023 $ 2,536,848
Expenses        
Total expenses 741,130 776,018 2,168,897 2,289,924
Operating income (loss)        
Total operating income 90,099 91,702 243,126 246,924
Interest expense-other than on deposit liabilities and other bank borrowings (20,304) (20,020) (59,705) (58,758)
Allowance for borrowed funds used during construction 498 688 1,626 2,451
Allowance for equity funds used during construction 1,255 1,611 4,030 5,548
Income before income taxes 71,548 73,981 189,077 196,165
Income taxes 22,841 25,804 65,157 69,926
Net income 48,707 48,177 123,920 126,239
Preferred stock dividends of subsidiaries 471 471 1,417 1,417
Net income for common stock 48,236 47,706 122,503 124,822
Basic earnings per common share (in dollars per share) $ 0.49 $ 0.49 $ 1.24 $ 1.29
Diluted earnings per common share (in dollars per share) $ 0.48 $ 0.49 $ 1.23 $ 1.29
Dividends per common share (in dollars per share) $ 0.31 $ 0.31 $ 0.93 $ 0.93
Weighted-average number of common shares outstanding (in shares) 99,204 97,157 98,670 96,674
Net effect of potentially dilutive shares (in shares) 614 361 620 423
Adjusted weighted-average shares (in shares) 99,818 97,518 99,290 97,097
Electric utility
       
Revenues        
Total revenues 766,115 801,095 2,216,076 2,340,257
Expenses        
Total expenses 694,201 726,276 2,030,071 2,146,688
Operating income (loss)        
Total operating income 71,914 74,819 186,005 193,569
Income before income taxes 57,373 61,268 144,212 154,976
Income taxes 19,058 22,395 51,777 58,429
Net income 38,315 38,873 92,435 96,547
Preferred stock dividends of subsidiaries 498 498 1,496 1,496
Net income for common stock 37,817 38,375 90,939 95,051
Bank
       
Revenues        
Total revenues 65,058 66,596 195,841 196,569
Expenses        
Total expenses 42,223 44,974 126,550 130,161
Operating income (loss)        
Total operating income 22,835 21,622 69,291 66,408
Income before income taxes 22,808 21,627 69,265 66,964
Income taxes 7,532 7,419 23,915 22,690
Net income 15,276 14,208 45,350 44,274
Net income for common stock 15,276 14,208 45,350 44,274
Other
       
Revenues        
Total revenues 56 29 106 22
Expenses        
Total expenses 4,706 4,768 12,276 13,075
Operating income (loss)        
Total operating income (4,650) (4,739) (12,170) (13,053)
Income before income taxes (8,633) (8,914) (24,400) (25,775)
Income taxes (3,749) (4,010) (10,535) (11,193)
Net income (4,884) (4,904) (13,865) (14,582)
Preferred stock dividends of subsidiaries (27) (27) (79) (79)
Net income for common stock $ (4,857) $ (4,877) $ (13,786) $ (14,503)