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Consolidated Statements of Income (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Operating revenue        
Electric operations $ 314,766 $ 282,894 $ 796,957 $ 720,776
Other operations 14,843 15,408 37,917 38,464
Affiliate revenue 0 0 0 0
Gross operating revenue 329,609 298,302 834,874 759,240
Electric customer credits (846) (930) (1,270) 1,025
Operating revenue, net 328,763 297,372 833,604 760,265
Operating expenses        
Fuel used for electric generation 101,752 79,701 259,728 207,764
Power purchased for utility customers 5,999 19,364 24,795 44,069
Other operations 30,057 30,517 88,420 86,901
Maintenance 20,427 20,059 64,372 61,478
Depreciation 41,756 34,931 110,529 99,028
Taxes other than income taxes 12,007 9,455 34,926 29,198
Loss (gain) on sale of assets (29) (2) 817 (57)
Total operating expenses 211,969 194,025 583,587 528,381
Operating income 116,794 103,347 250,017 231,884
Interest income 332 132 789 163
Allowance for other funds used during construction 1,303 1,882 2,880 4,298
Equity income (loss) from investees, before tax     0 1
Other income 2,837 1,834 12,282 24,223
Other expense (1,456) (1,232) (2,146) (2,718)
Interest charges        
Interest charges, including amortization of debt expense, premium, and discount, net 19,436 22,610 62,284 64,671
Allowance for borrowed funds used during construction (422) (644) (926) (1,466)
Total interest charges 19,014 21,966 61,358 63,205
Income before income taxes 100,796 83,997 202,464 194,646
Federal and state income tax expense 34,389 20,179 66,892 54,110
Net income applicable to common stock 66,407 63,818 135,572 140,536
Net income 66,407 63,818 135,572 140,536
Average shares of common stock outstanding        
Average number of basic common shares outstanding (in shares) 60,450,384 60,346,476 60,428,944 60,375,538
Average number of diluted common shares outstanding (in shares) 60,748,647 60,599,203 60,694,632 60,626,471
Basic earnings per share        
Net income applicable to common stock (in dollars per share) $ 1.10 $ 1.06 $ 2.25 $ 2.33
Diluted earnings per share        
Net income applicable to common stock (in dollars per share) $ 1.09 $ 1.05 $ 2.23 $ 2.32
Cash dividends paid per share of common stock (in dollars per share) $ 0.3625 $ 0.3375 $ 1.0625 $ 0.9625
Cleco Power [Member]
       
Operating revenue        
Electric operations 314,766 282,894 796,957 720,776
Other operations 14,301 14,905 36,366 36,967
Affiliate revenue 335 343 1,005 1,030
Gross operating revenue 329,402 298,142 834,328 758,773
Electric customer credits (846) (930) (1,270) 1,025
Operating revenue, net 328,556 297,212 833,058 759,798
Operating expenses        
Fuel used for electric generation 101,752 79,701 259,728 207,459
Power purchased for utility customers 18,339 33,254 51,278 65,493
Other operations 28,471 29,063 83,385 82,647
Maintenance 17,478 16,095 55,857 51,739
Depreciation 39,962 33,199 105,251 93,847
Taxes other than income taxes 10,891 8,390 31,554 26,004
Loss (gain) on sale of assets     0 (1)
Total operating expenses 216,893 199,702 587,053 527,188
Operating income 111,663 97,510 246,005 232,610
Interest income 331 129 784 153
Allowance for other funds used during construction 1,303 1,882 2,880 4,298
Other income 2,838 1,188 4,606 3,511
Other expense (2,239) (1,224) (3,693) (2,698)
Interest charges        
Interest charges, including amortization of debt expense, premium, and discount, net 19,078 22,606 61,808 62,719
Allowance for borrowed funds used during construction (422) (644) (926) (1,466)
Total interest charges 18,656 21,962 60,882 61,253
Income before income taxes 95,240 77,523 189,700 176,621
Federal and state income tax expense 33,355 19,740 65,558 54,748
Net income $ 61,885 $ 57,783 $ 124,142 $ 121,873