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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Operating revenues:            
Gas operating revenues $ 255,648 $ 286,643 $ 780,748 $ 839,758 $ 1,395,629 $ 1,463,873
Construction revenues 292,100 251,961 498,248 433,066 1,074,168 869,109
Total operating revenues 547,748 538,604 1,278,996 1,272,824 2,469,797 2,332,982
Operating expenses:            
Net cost of gas sold 71,416 109,015 285,016 362,777 486,048 578,771
Operations and maintenance 98,744 99,344 199,541 194,854 397,886 378,558
Depreciation and amortization 72,559 66,955 147,919 134,422 283,608 262,372
Taxes other than income taxes 12,987 12,414 27,000 25,411 50,982 50,242
Construction expenses 263,926 225,829 457,308 400,757 955,332 777,773
Total operating expenses 519,632 513,557 1,116,784 1,118,221 2,173,856 2,047,716
Operating income 28,116 25,047 162,212 154,603 295,941 285,266
Other income and (expenses):            
Net interest deductions (18,221) (17,717) (35,942) (35,694) (72,127) (72,939)
Other income (deductions) 2,470 162 4,191 2,434 4,636 5,066
Total other income and (expenses) (15,751) (17,555) (31,751) (33,260) (67,491) (67,873)
Income before income taxes 12,365 7,492 130,461 121,343 228,450 217,393
Income tax expense 3,266 2,429 46,007 44,401 81,508 79,627
Net income 9,099 5,063 84,454 76,942 146,942 137,766
Net income (loss) attributable to noncontrolling interests 156 114 65 10 1,168 118
Net income attributable to Southwest Gas Corporation $ 8,943 $ 4,949 $ 84,389 $ 76,932 $ 145,774 $ 137,648
Basic earnings per share $ 0.19 $ 0.11 $ 1.78 $ 1.65 $ 3.08 $ 2.95
Diluted earnings per share 0.19 0.10 1.77 1.63 3.06 2.92
Dividends declared per share $ 0.450 $ 0.405 $ 0.900 $ 0.810 $ 1.710 $ 1.540
Average number of common shares outstanding 47,473 46,869 47,455 46,741 47,347 46,628
Average shares outstanding (assuming dilution) 47,811 47,290 47,787 47,164 47,693 47,070