XML 49 R4.htm IDEA: XBRL DOCUMENT v3.2.0.727
Statements Of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Operating revenues $ 219,508 $ 251,801 $ 383,254 $ 437,317 $ 863,462 $ 910,275
Energy expenses:            
Fuel 49,813 69,672 87,542 121,258 217,289 242,197
Purchased and interchanged power 11,742 18,128 22,917 36,043 51,678 69,616
Cost of services, energy services 61,555 87,800 110,459 157,301 268,967 311,813
Operating revenues net of energy expenses 157,953 164,001 272,795 280,016 594,495 598,462
Other operating expenses:            
Other operations 57,656 60,285 113,255 116,423 235,664 238,578
Maintenance 19,857 15,945 35,417 30,227 70,819 62,758
Depreciation and amortization 23,135 21,083 44,700 41,651 86,391 82,347
Taxes other than income taxes 15,433 15,557 29,591 30,919 61,422 62,037
Utilities operating expense 116,081 112,870 222,963 219,220 454,296 445,720
Operating income 41,872 51,131 49,832 60,796 140,199 152,742
Other income (deductions):            
Allowance for equity funds used during construction 2,268 3,461 6,543 6,367 14,838 11,197
Investment and interest income, net 1,398 1,923 6,652 6,164 14,121 10,132
Miscellaneous non-operating income 507 590 687 2,107 2,655 3,014
Miscellaneous non-operating deductions (1,271) (599) (1,762) (1,018) (4,943) (2,549)
Nonoperating income (expense) 2,902 5,375 12,120 13,620 26,671 21,794
Interest charges (credits):            
Interest on long-term debt and revolving credit facility 16,495 14,607 32,978 29,186 62,820 58,615
Other interest 354 288 517 461 1,306 589
Capitalized interest (1,261) (1,281) (2,550) (2,527) (5,115) (5,217)
Allowance for borrowed funds used during construction (1,391) (1,967) (4,012) (3,651) (8,729) (6,565)
Interest expense 14,197 11,647 26,933 23,469 50,282 47,422
Income before income taxes 30,577 44,859 35,019 50,947 116,588 127,114
Income tax expense 9,505 14,763 10,489 16,236 35,341 40,647
Net income $ 21,072 $ 30,096 $ 24,530 $ 34,711 $ 81,247 $ 86,467
Basic earnings per share $ 0.520 $ 0.750 $ 0.610 $ 0.860 $ 2.010 $ 2.150
Diluted earnings per share 0.520 0.750 0.610 0.860 2.010 2.150
Dividends declared per share of common stock $ 0.295 $ 0.280 $ 0.575 $ 0.545 $ 1.135 $ 1.075
Weighted average number of shares outstanding 40,269,885 40,180,569 40,256,615 40,164,913 40,236,466 40,149,261
Weighted average number of shares and dilutive potential shares outstanding 40,302,694 40,212,403 40,284,757 40,180,830 40,263,304 40,157,220