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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Revenues        
Total revenues $ 796,730 $ 854,268 $ 1,580,794 $ 1,669,128
Expenses        
Total expenses 714,360 774,862 1,427,767 1,513,906
Operating income (loss)        
Total operating income 82,370 79,406 153,027 155,222
Interest expense-other than on deposit liabilities and other bank borrowings (19,613) (20,199) (39,401) (38,738)
Allowance for borrowed funds used during construction 398 893 1,128 1,763
Allowance for equity funds used during construction 1,560 1,997 2,775 3,937
Income before income taxes 64,715 62,097 117,529 122,184
Income taxes 23,654 22,824 42,316 44,122
Net income 41,061 39,273 75,213 78,062
Preferred stock dividends of subsidiaries 473 473 946 946
Net income for common stock 40,588 38,800 74,267 77,116
Basic earnings per common share (in dollars per share) $ 0.41 $ 0.40 $ 0.75 $ 0.80
Diluted earnings per common share (in dollars per share) $ 0.41 $ 0.40 $ 0.75 $ 0.80
Dividends per common share (in dollars per share) $ 0.31 $ 0.31 $ 0.62 $ 0.62
Weighted-average number of common shares outstanding (in shares) 98,660 96,693 98,399 96,430
Net effect of potentially dilutive shares (in shares) 589 286 562 389
Adjusted weighted-average shares (in shares) 99,249 96,979 98,961 96,819
Electric utility
       
Revenues        
Total revenues 730,688 789,552 1,449,961 1,539,162
Expenses        
Total expenses 669,550 728,056 1,335,870 1,420,412
Operating income (loss)        
Total operating income 61,138 61,496 114,091 118,750
Income before income taxes 47,517 48,501 86,839 93,708
Income taxes 18,325 18,626 32,719 36,034
Net income 29,192 29,875 54,120 57,674
Preferred stock dividends of subsidiaries 499 499 998 998
Net income for common stock 28,693 29,376 53,122 56,676
Bank
       
Revenues        
Total revenues 66,027 64,721 130,783 129,973
Expenses        
Total expenses 41,322 42,847 84,327 85,187
Operating income (loss)        
Total operating income 24,705 21,874 46,456 44,786
Income before income taxes 24,705 21,873 46,457 45,337
Income taxes 8,786 7,684 16,383 15,271
Net income 15,919 14,189 30,074 30,066
Net income for common stock 15,919 14,189 30,074 30,066
Other
       
Revenues        
Total revenues 15 (5) 50 (7)
Expenses        
Total expenses 3,488 3,959 7,570 8,307
Operating income (loss)        
Total operating income (3,473) (3,964) (7,520) (8,314)
Income before income taxes (7,507) (8,277) (15,767) (16,861)
Income taxes (3,457) (3,486) (6,786) (7,183)
Net income (4,050) (4,791) (8,981) (9,678)
Preferred stock dividends of subsidiaries (26) (26) (52) (52)
Net income for common stock $ (4,024) $ (4,765) $ (8,929) $ (9,626)