STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands |
12 Months Ended | ||
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Dec. 31, 2015 |
Dec. 31, 2014 |
Dec. 31, 2013 |
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Gross Margin | |||
Revenues | $ 1,547,692 | $ 1,818,906 | $ 1,689,952 |
Cost of natural gas | 705,959 | 991,949 | 876,944 |
Net margin | 841,733 | 826,957 | 813,008 |
Operating expenses | |||
Operations and maintenance | 414,476 | 420,686 | 393,072 |
Depreciation and amortization | 133,023 | 125,722 | 144,758 |
General taxes | 55,105 | 55,255 | 54,830 |
Total operating expenses | 602,604 | 601,663 | 592,660 |
Operating income | 239,129 | 225,294 | 220,348 |
Other income | 263 | 1,625 | 6,165 |
Other expense | (2,813) | (2,949) | (3,680) |
Interest expense | (44,570) | (45,842) | (61,366) |
Income before income taxes | 192,009 | 178,128 | 161,467 |
Income taxes | (72,979) | (68,338) | (62,272) |
Net income | $ 119,030 | $ 109,790 | $ 99,195 |
Earnings per share | |||
Basic | $ 2.26 | $ 2.10 | $ 1.90 |
Diluted | $ 2.24 | $ 2.07 | $ 1.90 |
Average shares (thousands) | |||
Basic | 52,578 | 52,364 | 52,319 |
Diluted | 53,254 | 52,946 | 52,319 |
Dividends declared per share of stock | $ 1.20 | $ 0.84 | $ 0.00 |
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- Definition Average shares used in the EPS calculation. No definition available.
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- Definition Aggregate dividends paid during the period for each share of common stock outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- Definition This element represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses from ongoing operations, after income or loss from equity method investments, but before income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Definition The aggregate amount of other expense amounts, the components of which are not separately disclosed on the income statement, resulting from ancillary business-related activities (that is, excluding major activities considered part of the normal operations of the business) also known as other nonoperating expense recognized during the period. Such amounts may include: (a) unusual costs, (b) loss on foreign exchange transactions, (c) losses on securities (net of profits), and (d) miscellaneous other expense items. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The aggregate amount of other income amounts, the components of which are not separately disclosed on the income statement, resulting from ancillary business-related activities (that is, excluding major activities considered part of the normal operations of the business) also known as other nonoperating income recognized for the period. Such amounts may include: (a) dividends, (b) interest on securities, (c) profits on securities (net of losses), and (d) miscellaneous other income items. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of regulated gas operating revenues recognized during the period. No definition available.
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- Definition Amount of operating expense of regulated operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of operating expense for depreciation and amortization of regulated operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of operating expense for purchased gas and petroleum of regulated operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of operating expense for routine plant maintenance, repairs and operations of regulated operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of operating expense for taxes other than income taxes of regulated operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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