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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Operating revenues:        
Electric, natural gas distribution and pipeline and energy services $ 192,103 $ 184,863 $ 843,670 $ 784,399
Exploration and production, construction materials and contracting, construction services and other 1,093,679 988,655 2,434,310 2,209,889
Total operating revenues 1,285,782 1,173,518 3,277,980 2,994,288
Operating expenses:        
Fuel and purchased power 19,983 17,634 59,760 51,247
Purchased natural gas sold 35,826 35,199 305,268 279,038
Operation and maintenance:        
Electric, natural gas distribution and pipeline and energy services 64,078 67,830 206,808 188,945
Exploration and production, construction materials and contracting, construction services and other 870,252 793,850 1,925,762 1,793,347
Depreciation, depletion and amortization 99,966 91,850 288,816 260,858
Taxes, other than income 45,804 41,090 145,784 132,017
Write-down of oil and natural gas properties (Note 5) 0 160,100 0 160,100
Total operating expenses 1,135,909 1,207,553 2,932,198 2,865,552
Operating income (loss) 149,873 (34,035) 345,782 128,736
Earnings (loss) from equity method investments (61) 2,388 (380) 4,025
Other income 2,326 1,702 5,003 4,050
Interest expense 21,012 19,840 63,312 56,929
Income (loss) before income taxes 131,126 (49,785) 287,093 79,882
Income taxes 46,576 (20,253) 99,559 24,516
Income (loss) from continuing operations 84,550 (29,532) 187,534 55,366
Income (loss) from discontinued operations, net of tax (Note 11) (118) (139) (254) 4,867
Net income (loss) 84,432 (29,671) 187,280 60,233
Net loss attributable to noncontrolling interest (24) 0 (204) 0
Dividends declared on preferred stocks 171 171 514 514
Earnings (loss) on common stock $ 84,285 $ (29,842) $ 186,970 $ 59,719
Earnings (loss) per common share -- basic:        
Earnings (loss) before discontinued operations $ 0.45 $ (0.16) $ 0.99 $ 0.29
Discontinued operations, net of tax $ 0.00 $ 0.00 $ 0.00 $ 0.03
Earnings (loss) per common share -- basic $ 0.45 $ (0.16) $ 0.99 $ 0.32
Earnings (loss) per common share -- diluted:        
Earnings (loss) before discontinued operations $ 0.44 $ (0.16) $ 0.99 $ 0.29
Discontinued operations, net of tax $ 0.00 $ 0.00 $ 0.00 $ 0.03
Earnings (loss) per common share -- diluted $ 0.44 $ (0.16) $ 0.99 $ 0.32
Dividends declared per common share $ 0.1725 $ 0.1675 $ 0.5175 $ 0.5025
Weighted average common shares outstanding - basic 188,831 188,831 188,831 188,824
Weighted average common shares outstanding - diluted 189,638 188,831 189,634 189,029