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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Revenues      
Total revenues $ 3,242,335 $ 2,664,982 $ 2,309,590
Expenses      
Total expenses 2,952,639 2,408,771 2,121,926
Operating income (loss)      
Total operating income (loss) 289,696 256,211 187,664
Interest expense - other than on deposit liabilities and other bank borrowings (82,106) (81,538) (76,330)
Allowance for borrowed funds used during construction 2,498 2,558 5,268
Allowance for equity funds used during construction 5,964 6,016 12,222
Income before income taxes 216,052 183,247 128,824
Income taxes 75,932 67,822 43,923
Net income 140,120 115,425 84,901
Preferred stock dividends of subsidiaries 1,890 1,890 1,890
Net income for common stock 138,230 113,535 83,011
Basic earnings per common share (in dollars per share) $ 1.45 $ 1.22 $ 0.91
Diluted earnings per common share (in dollars per share) $ 1.44 $ 1.21 $ 0.91
Dividends per common share (in dollars per share) $ 1.24 $ 1.24 $ 1.24
Weighted-average number of common shares outstanding 95,510 93,421 91,396
Dilutive effect of share-based compensation (in shares) 310 272 120
Adjusted weighted-average shares 95,820 93,693 91,516
Electric utility
     
Revenues      
Total revenues 2,978,690 2,382,366 2,035,009
Expenses      
Total expenses 2,763,556 2,203,978 1,865,338
Operating income (loss)      
Total operating income (loss) 215,134 178,388 169,671
Income before income taxes 163,565 125,452 129,217
Income taxes 61,584 46,868 47,776
Net income 101,981 78,584 81,441
Preferred stock dividends of subsidiaries 1,995 1,995 1,995
Net income for common stock 99,986 76,589 79,446
Bank
     
Revenues      
Total revenues 264,407 282,693 274,719
Expenses      
Total expenses 172,806 190,105 242,955
Operating income (loss)      
Total operating income (loss) 91,601 92,588 31,764
Income before income taxes 91,536 92,512 31,705
Income taxes 31,693 34,056 9,938
Net income 59,843 58,456 21,767
Net income for common stock 59,843 58,456 21,767
Other
     
Revenues      
Total revenues (762) (77) (138)
Expenses      
Total expenses 16,277 14,688 13,633
Operating income (loss)      
Total operating income (loss) (17,039) (14,765) (13,771)
Income before income taxes (39,049) (34,717) (32,098)
Income taxes (17,345) (13,102) (13,791)
Net income (21,704) (21,615) (18,307)
Preferred stock dividends of subsidiaries (105) (105) (105)
Net income for common stock $ (21,599) $ (21,510) $ (18,202)