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Earnings per share and shareholders' equity (Tables)
3 Months Ended
Mar. 31, 2015
Equity [Abstract]  
Schedule of earnings per share
Under the two-class method of computing earnings per share (EPS), EPS was comprised as follows for both participating securities (i.e., restricted shares that became fully vested in the fourth quarter of 2014) and unrestricted common stock:
Three months ended March 31, 2014
 
Basic and diluted
Distributed earnings
 
$
0.31

Undistributed earnings
 
0.14

 
 
$
0.45

Schedule of 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, 2014
$
462

 
$
(289
)
 
$
(27,551
)
 
$
(27,378
)
 
$
45

Current period other comprehensive income
3,451

 
59

 
548

 
4,058

 
22

Balance, March 31, 2015
$
3,913

 
$
(230
)
 
$
(27,003
)
 
$
(23,320
)
 
$
67

 
 
 
 
 
 
 
 
 
 
Balance, December 31, 2013
$
(3,663
)
 
$
(525
)
 
$
(12,562
)
 
$
(16,750
)
 
$
608

Current period other comprehensive income
805

 
59

 
303

 
1,167

 
9

Balance, March 31, 2014
$
(2,858
)
 
$
(466
)
 
$
(12,259
)
 
$
(15,583
)
 
$
617

Schedule of reclassifications out of accumulated other comprehensive income/(loss)
Reclassifications out of AOCI were as follows:
 
 
Amount reclassified from AOCI
 
 
 
 
Three months ended March 31
 
 
(in thousands)
 
2015
 
2014
 
Affected line item in the Statement of Income
HEI consolidated
 
 
 
 
 
 
Net realized gains on securities
 
$
3,451

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

 
 

 
 
Interest rate contracts (settled in 2011)
 
59

 
59

 
Interest expense
Retirement benefit plan items
 
 

 
 

 
 
Amortization of prior service credit and net losses recognized during the period in net periodic benefit cost
 
5,459

 
2,813

 
See Note 6 for additional details
Less: reclassification adjustment for impact of D&Os of the PUC included in regulatory assets
 
(4,911
)
 
(2,510
)
 
See Note 6 for additional details
Total reclassifications
 
$
4,058

 
$
(1,353
)
 
 
Hawaiian Electric consolidated
 
 
 
 
 
 
Retirement benefit plan items
 
 
 
 

 
 
Amortization of prior service credit and net losses recognized during the period in net periodic benefit cost
 
$
4,933

 
$
2,519

 
See Note 6 for additional details
Less: reclassification adjustment for impact of D&Os of the PUC included in regulatory assets
 
(4,911
)
 
(2,510
)
 
See Note 6 for additional details
Total reclassifications
 
$
22

 
$
9