XML 54 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statement Of Net 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
Consolidated Statement Of Net Income [Abstract]        
Operating revenues $ 198,204 $ 178,313 $ 368,448 $ 341,928
Operating expenses:        
Operations and maintenance 66,980 66,765 135,245 130,496
Depreciation 28,696 26,550 56,291 52,826
Amortization 1,540 1,624 2,755 3,261
Taxes other than income taxes 12,593 10,751 22,683 21,802
Total expenses 109,809 105,690 216,974 208,385
Operating income 88,395 72,623 151,474 133,543
Other expense (income):        
Interest expense, net 19,538 19,541 38,786 38,897
Allowance for funds used during construction (1,244) (1,929) (2,588) (3,906)
Gain on sale of other assets (64) (138) (506) (259)
Equity earnings in joint venture (249)   (249)  
Income from continuing operations before income taxes 70,414 55,149 116,031 98,811
Provision for income taxes 27,787 18,554 45,746 31,570
Income from continuing operations 42,627 36,595 70,285 67,241
Discontinued operations:        
(Loss) income from discontinued operations before income taxes (1,550) 1,652 15,367 1,130
Provision for income taxes (368) 657 6,303 430
(Loss) Income from discontinued operations (1,182) 995 9,064 700
Net income attributable to common shareholders $ 41,445 $ 37,590 $ 79,349 $ 67,941
Income from continuing operations per share:        
Basic $ 0.31 $ 0.26 $ 0.51 $ 0.49
Diluted $ 0.30 $ 0.26 $ 0.50 $ 0.49
Income from discontinued operations per share:        
Basic $ (0.01) $ 0.01 $ 0.07 $ 0.01
Diluted $ (0.01) $ 0.01 $ 0.06 $ 0.01
Net income per common share:        
Basic $ 0.30 $ 0.27 $ 0.57 $ 0.49
Diluted $ 0.30 $ 0.27 $ 0.57 $ 0.49
Average common shares outstanding during the period:        
Basic 139,108 138,114 138,935 137,971
Diluted 139,843 138,781 139,577 138,518
Cash dividends declared per common share $ 0.165 $ 0.155 $ 0.33 $ 0.31