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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Operating revenues:        
Electric, natural gas distribution and regulated pipeline and midstream $ 206,052 $ 215,678 $ 591,918 $ 622,167
Nonregulated pipeline and midstream, construction materials and contracting, construction services and other 837,896 722,361 1,312,245 1,176,717
Total operating revenues 1,043,948 938,039 1,904,163 1,798,884
Operating expenses:        
Fuel and purchased power 15,914 19,327 37,925 43,146
Purchased natural gas sold 47,439 66,590 208,474 267,739
Operation and maintenance:        
Electric, natural gas distribution and regulated pipeline and midstream 77,078 70,258 151,703 138,800
Nonregulated pipeline and midstream, construction materials and contracting, construction services and other 722,742 635,781 1,165,243 1,059,612
Depreciation, depletion and amortization 54,248 51,336 109,132 102,922
Taxes, other than income 37,562 35,038 80,736 76,648
Total operating expenses 954,983 878,330 1,753,213 1,688,867
Operating income 88,965 59,709 150,950 110,017
Other income 872 2,123 1,921 2,373
Interest expense 22,219 23,389 45,087 46,456
Income before income taxes 67,618 38,443 107,784 65,934
Income taxes 21,320 12,382 29,620 19,333
Income from continuing operations 46,298 26,061 78,164 46,601
Loss from discontinued operations, net of tax (Note 10) (276,102) (263,419) (294,138) (593,404)
Net loss (229,804) (237,358) (215,974) (546,803)
Loss from discontinued operations attributable to noncontrolling interest (Note 10) (120,651) (7,754) (131,691) (11,282)
Dividends declared on preferred stocks 171 171 343 342
Loss on common stock $ (109,324) $ (229,775) $ (84,626) $ (535,863)
Earnings (loss) per common share - basic:        
Earnings before discontinued operations $ 0.24 $ 0.13 $ 0.40 $ 0.24
Discontinued operations attributable to the Company, net of tax (0.80) (1.31) (0.83) (2.99)
Earnings (loss) per common share - basic (0.56) (1.18) (0.43) (2.75)
Earnings (loss) per common share - diluted:        
Earnings before discontinued operations 0.24 0.13 0.40 0.24
Discontinued operations attributable to the Company, net of tax (0.80) (1.31) (0.83) (2.99)
Earnings (loss) per common share - diluted (0.56) (1.18) (0.43) (2.75)
Dividends declared per common share $ 0.1875 $ 0.1825 $ 0.3750 $ 0.3650
Weighted average common shares outstanding - basic 195,304 194,805 195,294 194,643
Weighted average common shares outstanding - diluted 195,699 194,838 195,678 194,675