XML 62 R2.htm IDEA: XBRL DOCUMENT v2.3.0.15
Consolidated Condensed Statements of Income (USD $)
In Thousands, except Per Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Operating Revenues    
Oil and gas operations$ 318,952$ 234,111$ 779,834$ 706,311
Natural gas distribution59,61661,693415,497498,132
Total operating revenues378,568295,8041,195,3311,204,443
Operating Expenses    
Cost of gas21,74822,560185,916262,950
Operations and maintenance111,749127,934318,763329,581
Depreciation, depletion and amortization72,80260,814199,559185,025
Income taxes    
Deferred  120,65695,005
Taxes, other than income taxes20,12915,61569,39964,508
Accretion expense1,7281,5615,0664,568
Total operating expenses228,156228,484778,703846,632
Operating Income (Expense)150,41267,320416,628357,811
Other Income (Expense)    
Interest expense11,9769,59130,84329,395
Other income6192,2221,7272,555
Other expense(2,074)(61)(1,449)(541)
Total other income (expense)(13,431)(7,430)(30,565)(27,381)
Interest Charges    
Income Before Income Taxes136,98159,890386,063330,430
Income tax expense49,38221,586140,871119,873
Net Income (Loss)87,59938,304245,192210,557
Diluted Earnings Per Average Common Share (dollars per share)$ 1.21$ 0.53$ 3.39$ 2.92
Basic Earnings Per Average Common Share (dollars per share)$ 1.22$ 0.53$ 3.40$ 2.93
Dividends Per Common Share (dollars per share)$ 0.135$ 0.130$ 0.405$ 0.390
Diluted Average Common Shares Outstanding72,37572,07072,40972,061
Basic Average Common Shares Outstanding72,06871,85472,04571,838
Alabama Gas Corporation
    
Operating Revenues    
Natural gas distribution59,61661,693415,497498,132
Operating Expenses    
Cost of gas21,74822,560185,916262,950
Operations and maintenance33,00133,763106,53598,667
Depreciation, depletion and amortization9,9809,45129,60634,380
Income taxes    
Current(9,414)(18,633)3,4561,821
Deferred3,66414,61916,62621,889
Taxes, other than income taxes5,5684,93427,89932,757
Total operating expenses64,54766,694370,038452,464
Operating Income (Expense)(4,931)(5,001)45,45945,668
Other Income (Expense)    
Interest expense3,8353,25310,98810,243
Allowance for funds used during construction260280652550
Other income3268919411,184
Other expense(913)(37)(720)(373)
Total other income (expense)(327)1,1348731,361
Interest Charges    
Interest on long-term debt3,0252,9609,1068,892
Other interest expense8102931,8821,351
Net Income (Loss)$ (9,093)$ (7,120)$ 35,344$ 36,786