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Earnings per share and shareholders' equity (Tables)
6 Months Ended
Jun. 30, 2014
Equity [Abstract]  
Schedule of earnings per share
Earnings per share.  Under the two-class method of computing earnings per share (EPS), EPS was comprised as follows for both participating securities and unrestricted common stock:
 
Three months ended June 30
 
Six months ended June 30
 
2014
2013
 
2014
 
2013
 
Basic and
diluted
 
Basic and
diluted
 
Basic and
diluted
 
Basic and
diluted
Distributed earnings
$
0.31

 
$
0.31

 
$
0.62

 
$
0.62

Undistributed earnings
0.10

 
0.10

 
0.24

 
0.13

 
$
0.41

 
$
0.41

 
$
0.86

 
$
0.75

Schedule of accumulated other comprehensive income
Accumulated other comprehensive income.  Changes in the balances of each component of accumulated other comprehensive income/(loss) (AOCI) were as follows:
 
HEI Consolidated
 
Hawaiian Electric Consolidated
 (in thousands)
 Net unrealized gains (losses) on securities
 
 Unrealized losses on derivatives
 
 Retirement benefit plans
 
AOCI
 
 AOCI -retirement benefit plans
 Balance, December 31, 2013
$
(3,663
)
 
$
(525
)
 
$
(12,562
)
 
$
(16,750
)
 
$
608

 Current period other comprehensive income
3,348

 
118

 
601

 
4,067

 
22

 Balance, June 30, 2014
$
(315
)
 
$
(407
)
 
$
(11,961
)
 
$
(12,683
)
 
$
630

 
 
 
 
 
 
 
 
 
 
 Balance, December 31, 2012
$
10,761

 
$
(760
)
 
$
(36,424
)
 
$
(26,423
)
 
$
(970
)
 Current period other comprehensive income (loss)
(9,873
)
 
118

 
1,389

 
(8,366
)
 
35

 Balance, June 30, 2013
$
888

 
$
(642
)
 
$
(35,035
)
 
$
(34,789
)
 
$
(935
)
Schedule of reclassifications out of accumulated other comprehensive income/(loss)
Reclassifications out of AOCI were as follows:
 
 
Amount reclassified from AOCI
 
 
 
 
Three months  
 ended June 30
 
Six months  
 ended June 30
 
 
(in thousands)
 
2014
 
2013
 
2014
 
2013
 
Affected line item in the Statement of Income
HEI consolidated
 
 
 
 
 
 
 
 
 
 
Net realized gains on securities
 
$

 
$
(738
)
 
$
(1,715
)
 
$
(738
)
 
Revenues-bank (net gains on sales of securities)
Derivatives qualified as cash flow hedges
 
 

 
 

 
 

 
 

 
 
Interest rate contracts (settled in 2011)
 
59

 
59

 
118

 
118

 
Interest expense
Retirement benefit plan items
 
 

 
 

 
 

 
 

 
 
Amortization of transition obligation, prior service credit and net losses recognized during the period in net periodic benefit cost
 
2,873

 
5,680

 
5,686

 
11,701

 
See Note 5 for additional details
Less: reclassification adjustment for impact of D&Os of the PUC included in regulatory assets
 
(2,575
)
 
(4,999
)
 
(5,085
)
 
(10,312
)
 
See Note 5 for additional details
Total reclassifications
 
$
357

 
$
2

 
$
(996
)
 
$
769

 
 
Hawaiian Electric consolidated
 
 
 
 
 
 
 
 
 
 
Retirement benefit plan items
 
 
 
 

 
 
 
 

 
 
Amortization of transition obligation, prior service credit and net losses recognized during the period in net periodic benefit cost
 
$
2,588

 
$
5,016

 
$
5,107

 
$
10,347

 
See Note 5 for additional details
Less: reclassification adjustment for impact of D&Os of the PUC included in regulatory assets
 
(2,575
)
 
(4,999
)
 
(5,085
)
 
(10,312
)
 
See Note 5 for additional details
Total reclassifications
 
$
13

 
$
17

 
$
22

 
$
35