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Consolidated Condensed Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Operating Revenues        
Oil and gas operations $ 385,543 $ 399,468 $ 640,537 $ 623,425
Natural gas distribution 104,514 70,887 342,199 265,374
Total operating revenues 490,057 470,355 982,736 888,799
Operating Expenses        
Cost of gas 47,571 13,669 143,013 73,255
Operations and maintenance 136,204 112,713 282,041 223,274
Depreciation, depletion and amortization 132,285 101,991 247,580 196,525
Income taxes        
Deferred     57,442 55,060
Asset impairment 0 0 0 21,545
Taxes, other than income taxes 25,650 19,523 54,422 45,758
Accretion expense 2,043 1,861 4,040 3,674
Total operating expenses 343,753 249,757 731,096 564,031
Operating Income 146,304 220,598 251,640 324,768
Other Income (Expense)        
Interest expense (17,306) (15,835) (34,060) (31,260)
Other income 748 659 2,506 2,217
Other expense (128) (582) (197) (221)
Total other expense (16,686) (15,758) (31,751) (29,264)
Interest Expense        
Income Before Income Taxes 129,618 204,840 219,889 295,504
Income tax expense 46,551 73,553 80,130 106,811
Net Income 83,067 131,287 139,759 188,693
Diluted Earnings Per Average Common Share (in dollars per share) $ 1.15 $ 1.82 $ 1.93 $ 2.61
Basic Earnings Per Average Common Share (in dollars per share) $ 1.15 $ 1.82 $ 1.94 $ 2.62
Dividends Per Common Share (in dollars per share) $ 0.145 $ 0.14 $ 0.290 $ 0.280
Diluted Average Common Shares Outstanding 72,419 72,330 72,329 72,336
Basic Average Common Shares Outstanding 72,167 72,117 72,155 72,110
Alabama Gas Corporation
       
Operating Revenues        
Natural gas distribution 104,514 70,887 342,199 265,374
Operating Expenses        
Cost of gas 47,571 13,669 143,013 73,255
Operations and maintenance 36,005 36,169 74,022 70,235
Depreciation, depletion and amortization 10,873 10,533 21,602 20,979
Income taxes        
Current (1,778) (2,631) 24,143 22,809
Deferred 1,335 2,969 4,355 6,167
Taxes, other than income taxes 7,846 6,068 22,050 17,897
Total operating expenses 101,852 66,777 289,185 211,342
Operating Income 2,662 4,110 53,014 54,032
Other Income (Expense)        
Interest expense (3,833) (3,959) (7,863) (8,021)
Allowance for funds used during construction 227 131 446 265
Other income 361 340 1,111 1,138
Other expense (121) (296) (190) (170)
Total other expense 467 175 1,367 1,233
Interest Expense        
Interest on long-term debt 3,377 3,423 6,755 6,848
Other interest expense 456 536 1,108 1,173
Net Income $ (704) $ 326 $ 46,518 $ 47,244