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Condensed Consolidated Statements of Income Statement (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Operating Revenues:        
General business $ 306,066 $ 252,313 $ 724,025 $ 649,881
Off-system sales 4,826 24,083 43,953 74,648
Other revenues 21,865 31,649 58,810 68,502
Total electric utility revenues 332,757 308,045 826,788 793,031
Other 1,262 1,585 3,074 3,076
Total operating revenues 334,019 309,630 829,862 796,107
Operating Expenses:        
Purchased power 71,570 66,141 151,026 127,658
Fuel expense 55,978 41,195 110,014 90,801
Power cost adjustment (42,871) (10,189) (37,074) 36,618
Other operations and maintenance 89,968 84,562 254,487 240,695
Energy efficiency programs 8,410 18,504 20,971 31,011
Depreciation 31,607 30,115 92,028 89,272
Taxes other than income taxes 7,012 7,302 22,961 21,696
Total electric utility expenses 221,674 237,630 614,413 637,751
Other 1,002 607 2,961 2,573
Total operating expenses 222,676 238,237 617,374 640,324
Operating Income 111,343 71,393 212,488 155,783
Other Income (Expense):        
Other (expense) income, net 2,928 6,010 16,091 15,589
Earnings (Losses) of Unconsolidated Equity-Method Investments 1,304 2,085 795 (3,657)
Interest Expense:        
Interest on long-term debt 19,670 19,499 59,252 59,850
Other interest, net of AFUDC (269) (2,053) (5,209) (5,876)
Total interest expense, net 19,401 17,446 54,043 53,974
Income Before Income Taxes 96,174 62,042 175,331 113,741
Income Tax (Benefit) Expense 3,910 (45,372) 22,812 (44,137)
Net Income 92,264 107,414 152,519 157,878
Adjustment for (income) loss attributable to noncontrolling interests (195) (347) (220) (170)
Net Income Attributable to IDACORP, Inc. 92,069 107,067 152,299 157,708
Weighted Average Common Shares Outstanding - Basic (000’s) 49,966 49,520 49,918 49,411
Weighted Average Common Shares Outstanding - Diluted (000’s) 50,080 49,622 49,990 49,499
Earnings Per Share of Common Stock:        
Earnings Attributable to IDACORP, Inc. - Basic $ 1.84 $ 2.16 $ 3.05 $ 3.19
Earnings Attributable to IDACORP, Inc. - Diluted $ 1.84 $ 2.16 $ 3.05 $ 3.19
Dividends Declared Per Share of Common Stock $ 0.33 $ 0.30 $ 0.99 $ 0.90
Idaho Power Company
       
Operating Revenues:        
General business 306,066 252,313 724,025 649,881
Off-system sales 4,826 24,083 43,953 74,648
Other revenues 21,865 31,649 58,810 68,502
Total electric utility revenues 332,757 308,045 826,788 793,031
Operating Expenses:        
Purchased power 71,570 66,141 151,026 127,658
Fuel expense 55,978 41,195 110,014 90,801
Power cost adjustment (42,871) (10,189) (37,074) 36,618
Other operations and maintenance 89,968 84,562 254,487 240,695
Energy efficiency programs 8,410 18,504 20,971 31,011
Depreciation 31,607 30,115 92,028 89,272
Taxes other than income taxes 7,012 7,302 22,961 21,696
Total electric utility expenses 221,674 237,630 614,413 637,751
Operating Income 111,083 70,415 212,375 155,280
Other Income (Expense):        
Allowance for equity funds used during construction 3,541 6,570 18,989 18,264
Other (expense) income, net (769) (293) (3,615) (2,669)
Earnings (Losses) of Unconsolidated Equity-Method Investments 2,906 3,741 6,933 1,172
Total other income 5,678 10,018 22,307 16,767
Interest Expense:        
Interest on long-term debt 19,670 19,499 59,252 59,850
Other interest 1,617 1,026 4,756 3,551
Allowance for borrowed funds used during construction (1,986) (3,188) (10,269) (9,777)
Total interest expense, net 19,301 17,337 53,739 53,624
Income Before Income Taxes 97,460 63,096 180,943 118,423
Income Tax (Benefit) Expense 7,864 (41,776) 30,818 (36,997)
Net Income $ 89,596 $ 104,872 $ 150,125 $ 155,420