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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Operating Revenues      
Oil and gas operations $ 948,526 $ 958,762 $ 822,546
Natural gas distribution 534,953 619,772 617,874
Total operating revenues 1,483,479 1,578,534 1,440,420
Operating Expenses      
Cost of gas 233,523 316,988 306,054
Operations and maintenance 419,119 429,165 380,625
Depreciation, depletion and amortization 283,997 247,865 235,084
Income taxes      
Current 16,660 33,150 59,355
Deferred 129,041 133,840 84,616
Taxes, other than income taxes 91,734 84,961 78,329
Accretion expense 6,837 6,178 4,935
Total operating expenses 1,035,210 1,085,157 1,005,027
Operating Income (Expense) 448,269 493,377 435,393
Other Income (Expense)      
Interest expense (44,822) (39,222) (39,379)
Other income 2,334 4,285 4,972
Other expense (456) (643) (690)
Total other income (expense) (42,944) (35,580) (35,097)
Interest Charges      
Income Before Income Taxes 405,325 457,797 400,296
Income tax expense 145,701 166,990 143,971
Net income 259,624 290,807 256,325
Diluted Earnings Per Average Common Share (dollars per share) $ 3.59 $ 4.04 $ 3.57
Basic Earnings Per Average Common Share (dollars per share) $ 3.60 $ 4.05 $ 3.58
Dividends Per Common Share (dollars per share) $ 0.54 $ 0.52 $ 0.50
Diluted Average Common Shares Outstanding 72,332,369 72,050,997 71,885,422
Basic Average Common Shares Outstanding 72,055,661 71,845,463 71,667,304
Alabama Gas Corporation
     
Operating Revenues      
Natural gas distribution 534,953 619,772 617,874
Operating Expenses      
Cost of gas 233,523 316,988 306,054
Operations and maintenance 139,030 128,830 134,847
Depreciation, depletion and amortization 39,916 44,042 50,995
Income taxes      
Current (1,388) 1,014 11,096
Deferred 28,058 28,861 16,257
Taxes, other than income taxes 36,268 41,529 41,994
Total operating expenses 475,407 561,264 561,243
Operating Income (Expense) 59,546 58,508 56,631
Other Income (Expense)      
Interest expense (14,740) (13,894) (13,714)
Allowance for funds used during construction 807 808 1,106
Other income 1,309 1,923 2,014
Other expense (320) (462) (622)
Total other income (expense) 1,796 2,269 2,498
Interest Charges      
Interest on long-term debt 12,100 11,907 11,906
Other interest charges 2,640 1,987 1,808
Income tax expense 26,670 29,875 27,353
Net income $ 46,602 $ 46,883 $ 45,415