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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Operating revenues:        
Electric, natural gas distribution and regulated pipeline and midstream $ 192,079 $ 185,417 $ 783,997 $ 807,585
Nonregulated pipeline and midstream, construction materials and contracting, construction services and other 1,016,488 1,012,925 2,328,733 2,189,640
Total operating revenues 1,208,567 1,198,342 3,112,730 2,997,225
Operating expenses:        
Fuel and purchased power 16,800 20,616 54,725 63,761
Purchased natural gas sold 34,321 37,574 242,795 305,313
Operation and maintenance:        
Electric, natural gas distribution and regulated pipeline and midstream 77,662 68,344 229,364 207,144
Nonregulated pipeline and midstream, construction materials and contracting, construction services and other 842,878 859,843 2,008,122 1,919,455
Depreciation, depletion and amortization 54,094 51,746 163,226 154,669
Taxes, other than income 36,128 32,391 116,864 109,039
Total operating expenses 1,061,883 1,070,514 2,815,096 2,759,381
Operating income 146,684 127,828 297,634 237,844
Other income 1,741 3,300 3,662 5,673
Interest expense 22,278 22,417 67,365 68,872
Income before income taxes 126,147 108,711 233,931 174,645
Income taxes 37,761 34,825 67,381 54,157
Income from continuing operations 88,386 73,886 166,550 120,488
Loss from discontinued operations, net of tax (Note 10) (5,400) (223,112) (299,538) (816,517)
Net income (loss) 82,986 (149,226) (132,988) (696,029)
Loss from discontinued operations attributable to noncontrolling interest (Note 10) 0 (9,778) (131,691) (21,060)
Dividends declared on preferred stocks 171 171 514 514
Earnings (loss) on common stock $ 82,815 $ (139,619) $ (1,811) $ (675,483)
Earnings (loss) per common share - basic:        
Earnings before discontinued operations $ 0.45 $ 0.38 $ 0.85 $ 0.62
Discontinued operations attributable to the Company, net of tax (0.03) (1.10) (0.86) (4.09)
Earnings (loss) per common share - basic 0.42 (0.72) (0.01) (3.47)
Earnings (loss) per common share - diluted:        
Earnings before discontinued operations 0.45 0.38 0.85 0.62
Discontinued operations attributable to the Company, net of tax (0.03) (1.10) (0.86) (4.09)
Earnings (loss) per common share - diluted 0.42 (0.72) (0.01) (3.47)
Dividends declared per common share $ 0.1875 $ 0.1825 $ 0.5625 $ 0.5475
Weighted average common shares outstanding - basic 195,304 195,151 195,298 194,814
Weighted average common shares outstanding - diluted 195,811 195,169 195,794 194,833