XML 66 R29.htm IDEA: XBRL DOCUMENT v2.4.0.8
Industry Segment Information
 12 Months Ended
Dec. 31, 2013
Segment Reporting [Abstract]  
Industry Segment Information
INDUSTRY SEGMENT INFORMATION
 

The Company is principally engaged in two business segments: the development, exploration and production of oil and gas in the continental United States (oil and gas operations) and the purchase, distribution and sale of natural gas in central and north Alabama (natural gas distribution). The accounting policies of the segments are the same as those described in Note 1, Summary of Significant Accounting Policies.
Years ended December 31,(in thousands)
2013
2012
2011
Operating revenues from continuing operations
 
 
 
Oil and gas operations
$
1,205,312

$
1,089,230

$
838,160

Natural gas distribution
533,338

451,589

534,953

Total
$
1,738,650

$
1,540,819

$
1,373,113

Operating income (loss) from continuing operations
 
 
 
Oil and gas operations
$
257,963

$
369,765

$
308,561

Natural gas distribution
93,768

93,216

86,216

Eliminations and corporate expenses
(530
)
(1,067
)
(1,078
)
Total
$
351,201

$
461,914

$
393,699

Depreciation, depletion and amortization expense from continuing operations
 
Oil and gas operations
$
453,474

$
343,183

$
213,841

Natural gas distribution
43,907

42,270

39,916

Total
$
497,381

$
385,453

$
253,757

Interest expense
 
 
 
Oil and gas operations
$
53,981

$
49,958

$
30,907

Natural gas distribution
15,649

16,284

14,740

Eliminations and other
(430
)
(700
)
(825
)
Total
$
69,200

$
65,542

$
44,822

Income tax expense (benefit) from continuing operations
 
 
 
Oil and gas operations
$
71,290

$
115,090

$
100,700

Natural gas distribution
34,687

30,244

26,670

Other
(695
)
(800
)
(1,048
)
Total
$
105,282

$
144,534

$
126,322

Capital expenditures
 
 
 
Oil and gas operations
$
1,104,745

$
1,291,211

$
1,115,452

Natural gas distribution
88,769

71,869

73,984

Total
$
1,193,514

$
1,363,080

$
1,189,436

Identifiable assets
 
 
 
Oil and gas operations
$
5,379,135

$
4,975,170

$
4,046,242

Natural gas distribution
1,193,413

1,177,134

1,163,959

Eliminations and other
49,664

23,586

27,215

Total
$
6,622,212

$
6,175,890

$
5,237,416

Property, plant and equipment, net
 
 
 
Oil and gas operations
$
5,116,958

$
4,697,683

$
3,806,787

Natural gas distribution
885,550

842,685

813,471

Other
1,130

1,268

518

Total
$
6,003,638

$
5,541,636

$
4,620,776