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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED (USD $)
In Thousands, except Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Operating Revenues:        
Utility $ 64,970 $ 61,185 $ 239,359 $ 257,242
Nonutility 95,507 90,463 253,040 223,689
Total Operating Revenues 160,477 151,648 492,399 480,931
Cost of Sales - (Excluding depreciation)        
- Utility 28,042 23,781 110,682 139,997
- Nonutility 81,316 76,666 214,896 191,694
Operations 24,491 22,556 50,185 46,036
Maintenance 3,215 2,786 6,224 5,602
Depreciation 8,853 8,492 17,505 16,734
Energy and Other Taxes 2,121 1,949 7,421 6,821
Total Operating Expenses 148,038 136,230 406,913 406,884
Operating Income 12,439 15,418 85,486 74,047
Other Income and Expense 3,805 479 10,377 1,503
Interest Charges (6,234) (5,664) (12,215) (10,630)
Income Before Income Taxes 10,010 10,233 83,648 64,920
Income Taxes (3,004) (265) (25,514) (22,236)
Equity in Loss of Affiliated Companies (761) (1,427) (58) (2,575)
Income from Continuing Operations 6,245 8,541 58,076 40,109
Loss from Discontinued Operations - (Net of tax benefit) (166) (101) (549) (130)
Net Income $ 6,079 $ 8,440 $ 57,527 $ 39,979
Basic Earnings Per Common Share:        
Continuing Operations (in dollars per share) $ 0.209 $ 0.286 $ 1.941 $ 1.344
Discontinued Operations (in dollars per share) $ (0.006) $ (0.003) $ (0.019) $ (0.005)
Basic Earnings Per Common Share (in dollars per share) $ 0.203 $ 0.283 $ 1.922 $ 1.339
Average Shares of Common Stock Outstanding - Basic (in shares) 29,953 29,873 29,926 29,850
Diluted Earnings Per Common Share:        
Continuing Operations (in dollars per share) $ 0.208 $ 0.285 $ 1.935 $ 1.339
Discontinued Operations (in dollars per share) $ (0.006) $ (0.003) $ (0.018) $ (0.004)
Diluted Earnings Per Common Share (in dollars per share) $ 0.202 $ 0.282 $ 1.917 $ 1.335
Average Shares of Common Stock Outstanding - Diluted (in shares) 30,037 29,975 30,014 29,944
Dividends Declared per Common Share (in dollars per share) $ 0.365 $ 0.660 $ 0.730 $ 0.990