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Condensed Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Operating revenue    
Electric operations$ 324,532$ 325,629$ 823,484$ 839,528
Tolling operations9,13311,15316,13723,016
Other operations16,06413,30541,77534,425
Affiliate revenue01192021,426
Gross operating revenue349,729350,206881,598898,395
Electric customer credits1,852(6,314)(3,405)(6,314)
Operating revenue, net351,581343,892878,193892,081
Operating expenses    
Fuel used for electric generation122,774100,587298,009276,727
Power purchased for utility customers24,73951,67858,665124,404
Other operations32,87230,28892,20686,786
Maintenance14,58723,36259,66658,832
Depreciation30,55728,84789,64182,899
Taxes other than income taxes9,8459,12328,77026,490
(Gain) loss on sales of assets2720(468)(37)
Total operating expenses235,401243,905626,489656,101
Operating income116,18099,987251,704235,980
Interest income509128794369
Allowance for other funds used during construction9028873,75711,052
Equity income (loss) from investees, before tax(1)2,49462,05139,212
Gain on toll settlement  0148,402
Other income2,1282,7553,3303,563
Other expense(3,360)(1,416)(4,969)(4,379)
Interest charges    
Interest charges, including amortization of debt expenses, premium, and discount26,10525,40479,36876,074
Allowance for borrowed funds used during construction(326)(336)(1,357)(4,054)
Total interest charges25,77925,06878,01172,020
Income before income taxes90,57979,767238,656362,179
Federal and state income tax expense24,73730,15573,451127,411
Net income65,84249,612165,205234,768
Preferred dividends requirements, net of tax0122635
Preferred stock redemption costs, net of tax  1120
Net income applicable to common stock65,84249,600165,067234,733
Average number of basic common shares outstanding (in shares)60,467,59560,471,18360,549,86060,405,388
Average number of diluted common shares outstanding (in shares)60,873,31160,825,29860,830,25160,632,138
Basic earnings per share    
Net income applicable to common stock (in dollars per share)$ 1.09$ 0.82$ 2.73$ 3.89
Diluted earnings per share    
Net income applicable to common stock (in dollars per share)$ 1.08$ 0.82$ 2.71$ 3.87
Cash dividends paid per share of common stock (in dollars per share)$ 0.28$ 0.25$ 0.81$ 0.725
CLECO POWER [Member]
    
Operating revenue    
Electric operations324,532325,629823,484839,528
Other operations15,56512,81940,26132,959
Affiliate revenue3473431,0411,029
Gross operating revenue340,444338,791864,786873,516
Electric customer credits1,852(6,314)(3,405)(6,314)
Operating revenue, net342,296332,477861,381867,202
Operating expenses    
Fuel used for electric generation122,774100,587298,009276,727
Power purchased for utility customers24,73951,67858,665124,404
Other operations31,18528,65087,08681,111
Maintenance15,76820,27253,96251,697
Depreciation28,85927,13384,54377,941
Taxes other than income taxes8,8029,16125,58525,110
(Gain) loss on sales of assets(6)7(7)47
Total operating expenses232,121237,488607,843637,037
Operating income110,17594,989253,538230,165
Interest income276117557351
Allowance for other funds used during construction9028873,75711,052
Other income1,3232932,1681,038
Other expense(1,881)(1,339)(4,499)(3,619)
Interest charges    
Interest charges, including amortization of debt expenses, premium, and discount25,63216,38075,38661,158
Allowance for borrowed funds used during construction(326)(336)(1,357)(4,054)
Total interest charges25,30616,04474,02957,104
Income before income taxes85,48978,903181,492181,883
Federal and state income tax expense31,65626,56861,93558,299
Net income$ 53,833$ 52,335$ 119,557$ 123,584