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Consolidated Statements of Comprehensive Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Operating revenues:        
Gross operating revenues $ 106,569 $ 161,197 $ 424,063 $ 484,285
Less: Cost of sales 34,512 90,122 204,283 270,747
Revenue taxes 2,578 3,843 10,433 11,798
Net operating revenues 69,479 67,232 209,347 201,740
Operating expenses:        
Operations and maintenance 32,124 30,374 66,540 61,546
General taxes 7,417 6,659 16,253 14,824
Depreciation and amortization 18,099 17,546 36,049 34,855
Total operating expenses 57,640 54,579 118,842 111,225
Income from operations 11,839 12,653 90,505 90,515
Other income and expense - net 921 1,122 1,926 2,336
Interest expense - net 10,464 10,266 21,655 20,715
Income before income taxes 2,296 3,509 70,776 72,136
Income tax expense 887 1,316 28,760 29,170
Net income 1,409 2,193 42,016 42,966
Other comprehensive income        
Amortization of non-qualified employee benefit plan liability, net of taxes of $109 and $96 for the three months and $217 and $192 for the six months ended June 30, 2012 and 2011, respectively 166 146 332 292
Comprehensive income $ 1,575 $ 2,339 $ 42,348 $ 43,258
Average common shares outstanding:        
Basic 26,812 26,673 26,797 26,671
Diluted 26,896 26,727 26,879 26,725
Earnings per share of common stock        
Earnings per share of common stock - basic $ 0.05 $ 0.08 $ 1.57 $ 1.61
Earnings per share of common stock - diluted $ 0.05 $ 0.08 $ 1.56 $ 1.61
Dividends declared per share of common stock $ 0.445 $ 0.435 $ 0.890 $ 0.870