XML 62 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Revenues      
Electric $ 805,554 $ 797,562 $ 790,701
Gas 263,394 318,335 318,735
Other 1,394 1,419 1,284
Total Revenues 1,070,342 1,117,316 1,110,720
Operating Expenses      
Cost of sales 395,434 494,559 531,089
Operating, general and administrative 269,966 267,160 237,047
Mountain States Transmission Intertie impairment 24,039 0 0
Property and other taxes 97,674 89,122 88,198
Depreciation 106,044 100,926 91,769
Total Operating Expenses 893,157 951,767 948,103
Operating Income 177,185 165,549 162,617
Interest Expense (65,062) (66,859) (65,826)
Other Income 4,372 3,931 6,345
Income Before Income Taxes 116,495 102,621 103,136
Income Tax Expense (18,089) (10,065) (25,760)
Net Income $ 98,406 $ 92,556 $ 77,376
Average Common Shares Outstanding 36,847,427 36,258,463 36,190,373
Basic Earnings per Average Common Share $ 2.67 $ 2.55 $ 2.14
Diluted Earnings per Average Common Share $ 2.66 $ 2.53 $ 2.14
Dividends Declared per Average Common Share $ 1.48 $ 1.44 $ 1.36