Selected Quarterly Financial Data

12 Months Ended

Dec. 31, 2013

Selected Quarterly Financial Information [Abstract]

Selected Quarterly Financial Data

SELECTED QUARTERLY FINANCIAL DATA (Unaudited)

The Company’s energy operations are significantly affected by weather conditions. Consequently, there can be large variances in revenues, expenses and net income between quarters based on seasonal factors such as, but not limited to, temperatures and streamflow conditions. A summary of quarterly operations (in thousands, except per share amounts) for 2013 and 2012 follows:

	Three Months Ended
	March 31			June 30			September 30			December 31
2013
Operating revenues	$	482,906		$	352,048		$	335,875		$	447,676
Operating expenses	397,844			294,306			300,606			381,356
Income from operations	$	85,062		$	57,742		$	35,269		$	66,320
Net income	$	43,101		$	25,730		$	11,931		$	31,532
Net loss (income) attributable to noncontrolling interests	(760		)	(73		)	(518		)	134
Net income attributable to Avista Corporation shareholders	$	42,341		$	25,657		$	11,413		$	31,666
Outstanding common stock:
Weighted average, basic	59,866			59,937			59,994			60,037
Weighted average, diluted	59,898			59,962			60,032			60,087
Earnings per common share attributable to Avista Corporation shareholders, diluted	$	0.71		$	0.43		$	0.19		$	0.53
2012
Operating revenues	$	452,257		$	343,585		$	340,632		$	410,528
Operating expenses	375,863			297,565			314,023			369,481
Income from operations	$	76,394		$	46,020		$	26,609		$	41,047
Net income	$	38,213		$	18,532		$	5,962		$	16,093
Net loss (income) attributable to noncontrolling interests	175			(354		)	(176		)	(235		)
Net income attributable to Avista Corporation shareholders	$	38,388		$	18,178		$	5,786		$	15,858
Outstanding common stock:
Weighted average, basic	58,581			58,702			59,047			59,774
Weighted average, diluted	58,950			58,924			59,123			59,826
Earnings per common share attributable to Avista Corporation shareholders, diluted	$	0.65		$	0.31		$	0.10		$	0.26