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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Operating revenues:        
Electric, natural gas distribution and regulated pipeline and energy services $ 185,224 $ 184,793 $ 806,986 $ 863,569
Nonregulated pipeline and energy services, construction materials and contracting, construction services and other 1,095,276 1,028,410 2,322,078 2,202,960
Total operating revenues 1,280,500 1,213,203 3,129,064 3,066,529
Operating expenses:        
Fuel and purchased power 20,616 19,236 63,761 66,826
Purchased natural gas sold 37,574 46,251 305,313 368,579
Cost of crude oil 69,122 0 116,174 0
Operation and maintenance:        
Electric, natural gas distribution and regulated pipeline and energy services 68,386 69,100 207,396 200,298
Nonregulated pipeline and energy services, construction materials and contracting, construction services and other 884,328 875,343 1,962,318 1,923,509
Depreciation, depletion and amortization 57,817 50,698 164,969 151,342
Taxes, other than income 32,914 33,682 110,392 111,120
Total operating expenses 1,170,757 1,094,310 2,930,323 2,821,674
Operating income 109,743 118,893 198,741 244,855
Other income 3,498 2,524 6,261 7,162
Interest expense 22,946 22,402 69,864 64,832
Income before income taxes 90,295 99,015 135,138 187,185
Income taxes 36,895 35,376 52,520 63,072
Income from continuing operations 53,400 63,639 82,618 124,113
Income (loss) from discontinued operations, net of tax (Note 10) (202,626) 38,482 (778,647) 87,475
Net income (loss) (149,226) 102,121 (696,029) 211,588
Net loss attributable to noncontrolling interest (9,778) (1,088) (21,060) (2,390)
Dividends declared on preferred stocks 171 171 514 514
Earnings (loss) on common stock $ (139,619) $ 103,038 $ (675,483) $ 213,464
Earnings (loss) per common share - basic:        
Earnings before discontinued operations $ 0.32 $ 0.33 $ 0.53 $ 0.66
Discontinued operations, net of tax (1.04) 0.20 (4.00) 0.45
Earnings (loss) per common share - basic (0.72) 0.53 (3.47) 1.11
Earnings (loss) per common share - diluted:        
Earnings before discontinued operations 0.32 0.33 0.53 0.66
Discontinued operations, net of tax (1.04) 0.20 (4.00) 0.45
Earnings (loss) per common share - diluted (0.72) 0.53 (3.47) 1.11
Dividends declared per common share $ 0.1825 $ 0.1775 $ 0.5475 $ 0.5325
Weighted average common shares outstanding - basic 195,151 193,949 194,814 191,958
Weighted average common shares outstanding - diluted 195,169 194,300 194,833 192,307