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Consolidated Statements of Income (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Operating revenue        
Electric operations $ 252,765 $ 228,293 $ 482,191 $ 437,883
Other operations 11,531 12,111 23,074 23,056
Affiliate revenue 0 0 0 0
Gross operating revenue 264,296 240,404 505,265 460,939
Electric customer credits (402) (281) (424) 1,955
Operating revenue, net 263,894 240,123 504,841 462,894
Operating expenses        
Fuel used for electric generation 72,611 54,999 157,976 128,063
Power purchased for utility customers 13,940 16,068 18,796 24,705
Other operations 31,442 28,688 58,363 56,385
Maintenance 26,310 24,184 43,944 41,419
Depreciation 34,740 32,250 68,773 64,097
Taxes other than income taxes 10,285 9,713 22,919 19,743
Loss (gain) on sale of assets (188) (22) 846 (55)
Total operating expenses 189,140 165,880 371,617 334,357
Operating income 74,754 74,243 133,224 128,537
Interest income 257 (3) 457 31
Allowance for other funds used during construction 413 1,399 1,577 2,416
Equity income (loss) from investees, before tax     0 1
Other income 8,165 13,014 10,438 22,389
Other expense (1,247) (831) (1,683) (1,486)
Interest charges        
Interest charges, including amortization of debt expense and premium, net 21,017 21,094 42,848 42,062
Allowance for borrowed funds used during construction (129) (478) (504) (822)
Total interest charges 20,888 20,616 42,344 41,240
Income before income taxes 61,454 67,206 101,669 110,648
Federal and state income tax expense 19,422 20,520 32,503 33,930
Net income applicable to common stock 42,032 46,686 69,166 76,718
Net income 42,032 46,686 69,166 76,718
Average shares of common stock outstanding        
Average number of basic common shares outstanding (in shares) 60,445,617 60,421,028 60,419,588 60,387,388
Average number of diluted common shares outstanding (in shares) 60,713,374 60,660,702 60,670,112 60,625,377
Basic earnings per share        
Net income applicable to common stock (in dollars per share) $ 0.70 $ 0.77 $ 1.15 $ 1.27
Diluted earnings per share        
Net income applicable to common stock (in dollars per share) $ 0.69 $ 0.77 $ 1.14 $ 1.27
Cash dividends paid per share of common stock (in dollars per share) $ 0.3625 $ 0.3125 $ 0.70 $ 0.625
Cleco Power [Member]
       
Operating revenue        
Electric operations 252,765 228,293 482,191 437,883
Other operations 11,027 11,613 22,064 22,062
Affiliate revenue 335 342 670 687
Gross operating revenue 264,127 240,248 504,925 460,632
Electric customer credits (402) (281) (424) 1,955
Operating revenue, net 263,725 239,967 504,501 462,587
Operating expenses        
Fuel used for electric generation 72,611 54,695 157,976 127,759
Power purchased for utility customers 23,247 22,367 32,940 32,239
Other operations 29,540 27,243 54,912 53,585
Maintenance 23,585 19,630 38,379 35,644
Depreciation 32,959 30,559 65,288 60,648
Taxes other than income taxes 9,204 8,682 20,662 17,614
Loss (gain) on sale of assets 0 (1) 0 (1)
Total operating expenses 191,146 163,175 370,157 327,488
Operating income 72,579 76,792 134,344 135,099
Interest income 255 (6) 453 23
Allowance for other funds used during construction 413 1,399 1,577 2,416
Other income 1,268 1,228 1,965 2,323
Other expense (1,208) (823) (1,652) (1,473)
Interest charges        
Interest charges, including amortization of debt expense and premium, net 21,007 21,283 42,731 40,113
Allowance for borrowed funds used during construction (129) (478) (504) (822)
Total interest charges 20,878 20,805 42,227 39,291
Income before income taxes 52,429 57,785 94,460 99,097
Federal and state income tax expense 17,965 20,501 32,203 35,008
Net income $ 34,464 $ 37,284 $ 62,257 $ 64,089