XML 50 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Operating revenues:        
Electric, natural gas distribution and pipeline and energy services $ 254,689 $ 227,442 $ 746,231 $ 651,565
Exploration and production, construction materials and contracting, construction services and other 839,357 833,153 1,390,668 1,340,633
Total operating revenues 1,094,046 1,060,595 2,136,899 1,992,198
Operating expenses:        
Fuel and purchased power 21,046 18,169 47,590 39,777
Purchased natural gas sold 84,415 70,255 329,307 269,442
Operation and maintenance:        
Electric, natural gas distribution and pipeline and energy services 61,764 76,627 129,047 142,730
Exploration and production, construction materials and contracting, construction services and other 675,330 661,495 1,121,282 1,055,511
Depreciation, depletion and amortization 103,126 95,289 202,683 188,850
Taxes, other than income 49,431 47,382 105,152 99,979
Total operating expenses 995,112 969,217 1,935,061 1,796,289
Operating income 98,934 91,378 201,838 195,909
Loss from equity method investments (297) (7) (245) (319)
Other income 2,777 1,436 4,908 2,677
Interest expense 21,516 21,427 42,487 42,300
Income before income taxes 79,898 71,380 164,014 155,967
Income taxes 27,118 24,988 55,050 52,983
Income from continuing operations 52,780 46,392 108,964 102,984
Income (loss) from discontinued operations, net of tax (Note 11) 547 (59) 502 (136)
Net income 53,327 46,333 109,466 102,848
Net loss attributable to noncontrolling interest (779) (179) (1,302) (179)
Dividends declared on preferred stocks 171 171 342 342
Earnings on common stock $ 53,935 $ 46,341 $ 110,426 $ 102,685
Earnings per common share - basic:        
Earnings before discontinued operations $ 0.28 $ 0.25 $ 0.58 $ 0.54
Discontinued operations, net of tax $ 0.00 $ 0.00 $ 0.00 $ 0.00
Earnings per common share - basic $ 0.28 $ 0.25 $ 0.58 $ 0.54
Earnings per common share - diluted:        
Earnings before discontinued operations $ 0.28 $ 0.24 $ 0.58 $ 0.54
Discontinued operations, net of tax $ 0.00 $ 0.00 $ 0.00 $ 0.00
Earnings per common share - diluted $ 0.28 $ 0.24 $ 0.58 $ 0.54
Dividends declared per common share $ 0.1775 $ 0.1725 $ 0.3550 $ 0.3450
Weighted average common shares outstanding - basic 192,060 188,831 190,946 188,831
Weighted average common shares outstanding - diluted 192,659 189,463 191,543 189,460