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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, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Operating revenues:        
Electric, natural gas distribution and pipeline and energy services $ 204,455 $ 274,538 $ 599,533 $ 752,018
Exploration and production, construction materials and contracting, construction services and other 763,507 656,219 1,221,236 1,080,544
Total operating revenues 967,962 930,757 1,820,769 1,832,562
Operating expenses:        
Fuel and purchased power 15,193 14,474 33,613 31,428
Purchased natural gas sold 58,411 101,538 243,839 346,224
Operation and maintenance:        
Electric, natural gas distribution and pipeline and energy services 52,717 70,028 121,115 137,989
Exploration and production, construction materials and contracting, construction services and other 623,347 536,608 999,497 896,408
Depreciation, depletion and amortization 83,627 83,290 169,007 167,964
Taxes, other than income 42,953 42,516 90,928 92,181
Total operating expenses 876,248 848,454 1,657,999 1,672,194
Operating income (loss) 91,714 82,303 162,770 160,368
Earnings from equity method investments 385 949 1,637 1,433
Other income 1,249 1,908 2,349 3,809
Interest expense 17,650 20,036 37,089 42,053
Income (loss) before income taxes 75,698 65,124 129,667 123,557
Income taxes 26,691 19,889 44,769 35,793
Income (loss) from continuing operations 49,007 45,235 84,898 87,764
Income (loss) from discontinued operations, net of tax 5,106 (168) 5,006 280
Net income (loss) 54,113 45,067 89,904 88,044
Dividends declared on preferred stocks 171 171 343 342
Earnings (loss) on common stock $ 53,942 $ 44,896 $ 89,561 $ 87,702
Earnings (loss) per common share - basic:        
Earnings (loss) before discontinued operations $ 0.26 $ 0.24 $ 0.45 $ 0.46
Discontinued operations, net of tax $ 0.03 $ 0.00 $ 0.02 $ 0.00
Earnings (loss) per common share - basic $ 0.29 $ 0.24 $ 0.47 $ 0.46
Earnings (loss) per common share - diluted:        
Earnings (loss) before discontinued operations $ 0.26 $ 0.24 $ 0.45 $ 0.46
Discontinued operations, net of tax $ 0.03 $ 0.00 $ 0.02 $ 0.00
Earnings (loss) per common share - diluted $ 0.29 $ 0.24 $ 0.47 $ 0.46
Dividends declared per common share (in dollars per share) $ 0.1675 $ 0.1625 $ 0.3350 $ 0.3250
Weighted average common shares outstanding - basic 188,831 188,794 188,821 188,732
Weighted average common shares outstanding - diluted 189,107 188,968 189,096 188,903