QUARTERLY RESULTS OF OPERATIONS - UNAUDITED

12 Months Ended

Dec. 31, 2011

Quarterly Financial Information Disclosure [Abstract]

QUARTERLY RESULTS OF OPERATIONS - UNAUDITED

QUARTERLY RESULTS OF OPERATIONS - UNAUDITED:

The summarized quarterly results of our operations are as follows (in thousands):  

	2011 Quarter Ended									2010 Quarter Ended
	March 31		June 30		Sept. 30			Dec. 31		March 31		June 30		Sept. 30			Dec. 31
Operating Revenues	$	180,323	$	65,187	$	58,482		$	108,457	$	196,716	$	61,344	$	57,140		$	160,782
Expenses:
Cost of Sales	88,574		28,259		27,516			43,517		116,875		23,941		28,834			96,732
Operation and Maintenance
Including Fixed Charges	33,771		33,036		31,261			32,483		31,717		30,752		30,369			32,933
Income Taxes (Benefit)	22,046		1,065		(699		)	11,869		18,139		2,125		(2,132		)	11,546
Energy and Other Taxes	4,514		1,722		1,384			2,671		4,348		1,590		1,377			3,454
Total Expenses	148,905		64,082		59,462			90,540		171,079		58,408		58,448			144,665
Other Income and Expense	878		515		650			1,386		233		240		(671		)	741
Net Income (Loss) Applicable to Common Stock	$	32,296	$	1,620	$	(330	)	$	19,303	$	25,870	$	3,176	$	(1,979	)	$	16,858

NOTE: Because of the seasonal nature of our business, statements for the 3-month periods are not indicative of the results for a full year.