XML 21 R2.htm IDEA: XBRL DOCUMENT v3.4.0.3
Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Operating revenue [Abstract]    
Electric operations $ 250,157 $ 277,514
Other operations 17,132 17,732
Affiliate revenue 0 0
Gross operating revenue 267,289 295,246
Electric customer credits (321) 211
Operating revenue, net 266,968 295,457
Operating expenses [Abstract]    
Fuel used for electric generation 87,443 88,125
Power purchased for utility customers 23,105 44,081
Other operations 29,325 28,557
Maintenance 24,631 19,082
Depreciation and amortization 38,938 37,278
Taxes other than income taxes 12,907 13,472
Merger transaction costs 1,522 2,140
Gain on sale of asset (1,095) 0
Total operating expenses 216,776 232,735
Operating income 50,192 62,722
Interest income 224 297
Allowance for equity funds used during construction 652 1,076
Other income 506 866
Other expense (516) (589)
Interest charges [Abstract]    
Interest charges, including amortization of debt issuance costs, premiums, and discounts, net 19,738 20,443
Allowance for borrowed funds used during construction (185) (321)
Total interest charges 19,553 20,122
Income before income taxes 31,505 44,250
Federal and state income tax expense 12,137 17,328
Net income 19,368 26,922
Net income applicable to common stock $ 19,368 $ 26,922
Basic average number of common shares outstanding (in shares) 60,528,489 60,463,693
Diluted average number of common shares outstanding (in shares) 60,631,510 60,700,085
Basic earnings per average common share outstanding (in dollars per share) $ 0.32 $ 0.45
Diluted earnings per average common share outstanding (in dollars per share) 0.32 0.44
Dividends declared per share of common stock (in dollars per share) $ 0.40 $ 0.40
Cleco Power [Member]    
Operating revenue [Abstract]    
Electric operations $ 250,157 $ 277,514
Other operations 16,614 17,213
Affiliate revenue 232 333
Gross operating revenue 267,003 295,060
Electric customer credits (321) 211
Operating revenue, net 266,682 295,271
Operating expenses [Abstract]    
Fuel used for electric generation 87,443 88,125
Power purchased for utility customers 23,105 44,081
Other operations 29,399 28,482
Maintenance 24,538 18,944
Depreciation and amortization 38,603 36,983
Taxes other than income taxes 12,424 12,986
Gain on sale of asset (1,095) 0
Total operating expenses 214,417 229,601
Operating income 52,265 65,670
Interest income 179 256
Allowance for equity funds used during construction 652 1,076
Other income 148 452
Other expense (517) (588)
Interest charges [Abstract]    
Interest charges, including amortization of debt issuance costs, premiums, and discounts, net 19,470 20,223
Allowance for borrowed funds used during construction (185) (321)
Total interest charges 19,285 19,902
Income before income taxes 33,442 46,964
Federal and state income tax expense 12,563 18,359
Net income $ 20,879 $ 28,605