XML 14 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenues        
Electric $ 248,403 $ 221,362 $ 489,745 $ 457,408
Gas 44,717 49,198 135,914 159,163
Total Revenues 293,120 270,560 625,659 616,571
Operating Expenses        
Cost of sales 81,693 79,527 197,127 191,918
Operating, general and administrative 72,579 61,720 152,440 142,843
Property and other taxes 35,208 32,454 70,629 65,241
Depreciation and depletion 39,898 35,727 79,788 71,546
Total Operating Expenses 229,378 209,428 499,984 471,548
Operating Income 63,742 61,132 125,675 145,023
Interest Expense, net (26,421) (22,943) (50,930) (46,058)
Other Income 1,195 995 4,297 1,660
Income Before Income Taxes 38,516 39,184 79,042 100,625
Income Tax Expense (2,947) (8,211) (5,419) (18,227)
Net Income $ 35,569 $ 30,973 $ 73,623 $ 82,398
Average Common Shares Outstanding 48,308,656 47,043,735 48,275,482 47,010,546
Basic Earnings per Average Common Share $ 0.74 $ 0.66 $ 1.53 $ 1.75
Diluted Earnings per Average Common Share 0.73 0.65 1.52 1.74
Dividends Declared per Common Share $ 0.50 $ 0.48 $ 1.00 $ 0.96