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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, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Operating revenues:        
Electric, natural gas distribution and pipeline and energy services $ 211,536 $ 192,103 $ 957,769 $ 843,670
Exploration and production, construction materials and contracting, construction services and other 1,158,919 1,093,679 2,549,585 2,434,310
Total operating revenues 1,370,455 1,285,782 3,507,354 3,277,980
Operating expenses:        
Fuel and purchased power 19,236 19,983 66,826 59,760
Purchased natural gas sold 47,718 35,826 377,024 305,268
Operation and maintenance:        
Electric, natural gas distribution and pipeline and energy services 79,848 64,078 225,180 206,808
Exploration and production, construction materials and contracting, construction services and other 897,887 870,252 2,002,884 1,925,762
Depreciation, depletion and amortization 103,497 99,966 306,180 288,816
Taxes, other than income 45,504 45,804 150,657 145,784
Total operating expenses 1,193,690 1,135,909 3,128,751 2,932,198
Operating income 176,765 149,873 378,603 345,782
Loss from equity method investments (97) (61) (343) (380)
Other income 2,644 2,326 7,552 5,003
Interest expense 22,425 21,012 64,912 63,312
Income before income taxes 156,887 131,126 320,900 287,093
Income taxes 54,769 46,576 109,818 99,559
Income from continuing operations 102,118 84,550 211,082 187,534
Income (loss) from discontinued operations, net of tax (Note 12) 3 (118) 506 (254)
Net income 102,121 84,432 211,588 187,280
Net loss attributable to noncontrolling interest (1,088) (24) (2,390) (204)
Dividends declared on preferred stocks 171 171 514 514
Earnings on common stock $ 103,038 $ 84,285 $ 213,464 $ 186,970
Earnings per common share - basic:        
Earnings before discontinued operations $ 0.53 $ 0.45 $ 1.11 $ 0.99
Discontinued operations, net of tax $ 0.00 $ 0.00 $ 0.00 $ 0.00
Earnings per common share - basic $ 0.53 $ 0.45 $ 1.11 $ 0.99
Earnings per common share - diluted:        
Earnings before discontinued operations $ 0.53 $ 0.44 $ 1.11 $ 0.99
Discontinued operations, net of tax $ 0.00 $ 0.00 $ 0.00 $ 0.00
Earnings per common share - diluted $ 0.53 $ 0.44 $ 1.11 $ 0.99
Dividends declared per common share $ 0.1775 $ 0.1725 $ 0.5325 $ 0.5175
Weighted average common shares outstanding - basic 193,949 188,831 191,958 188,831
Weighted average common shares outstanding - diluted 194,300 189,638 192,307 189,634