XML 72 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Operating revenues:      
Electric $ 592,491us-gaap_RegulatedOperatingRevenueElectricNonNuclear $ 536,413us-gaap_RegulatedOperatingRevenueElectricNonNuclear $ 510,653us-gaap_RegulatedOperatingRevenueElectricNonNuclear
Gas 51,842us-gaap_RegulatedOperatingRevenueGas 50,041us-gaap_RegulatedOperatingRevenueGas 39,849us-gaap_RegulatedOperatingRevenueGas
Other 7,997us-gaap_OtherSalesRevenueNet 7,876us-gaap_OtherSalesRevenueNet 6,595us-gaap_OtherSalesRevenueNet
Total operating revenues 652,330us-gaap_RegulatedOperatingRevenue 594,330us-gaap_RegulatedOperatingRevenue 557,097us-gaap_RegulatedOperatingRevenue
Operating revenue deductions:      
Fuel and purchased power 215,086us-gaap_CostOfDomesticRegulatedElectric 175,406us-gaap_CostOfDomesticRegulatedElectric 178,896us-gaap_CostOfDomesticRegulatedElectric
Cost of natural gas sold and transported 27,025us-gaap_CostOfPurchasedOilAndGas 25,795us-gaap_CostOfPurchasedOilAndGas 18,633us-gaap_CostOfPurchasedOilAndGas
Regulated operating expenses 110,691us-gaap_UtilitiesOperatingExpenseOperations 105,333us-gaap_UtilitiesOperatingExpenseOperations 94,371us-gaap_UtilitiesOperatingExpenseOperations
Other operating expenses 2,987us-gaap_OtherCostAndExpenseOperating 3,142us-gaap_OtherCostAndExpenseOperating 2,730us-gaap_OtherCostAndExpenseOperating
Maintenance and repairs 46,775us-gaap_UtilitiesOperatingExpenseMaintenance 40,873us-gaap_UtilitiesOperatingExpenseMaintenance 40,444us-gaap_UtilitiesOperatingExpenseMaintenance
Loss on plant disallowance 86ede_PlantDisallowance 2,409ede_PlantDisallowance  
Depreciation and amortization 73,185us-gaap_UtilitiesOperatingExpenseDepreciationAndAmortization 69,306us-gaap_UtilitiesOperatingExpenseDepreciationAndAmortization 60,447us-gaap_UtilitiesOperatingExpenseDepreciationAndAmortization
Provision for income taxes 39,398us-gaap_IncomeTaxExpenseBenefit 37,465us-gaap_IncomeTaxExpenseBenefit 34,096us-gaap_IncomeTaxExpenseBenefit
Other taxes 37,098us-gaap_UtilitiesOperatingExpenseTaxes 34,938us-gaap_UtilitiesOperatingExpenseTaxes 31,259us-gaap_UtilitiesOperatingExpenseTaxes
Total operating revenue deductions 552,331us-gaap_UtilitiesOperatingExpense 494,667us-gaap_UtilitiesOperatingExpense 460,876us-gaap_UtilitiesOperatingExpense
Operating income 99,999us-gaap_OperatingIncomeLoss 99,663us-gaap_OperatingIncomeLoss 96,221us-gaap_OperatingIncomeLoss
Other income and (deductions):      
Allowance for equity funds used during construction (6,420)us-gaap_PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity (3,853)us-gaap_PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity (1,147)us-gaap_PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity
Interest income 51us-gaap_InvestmentIncomeInterest 566us-gaap_InvestmentIncomeInterest 972us-gaap_InvestmentIncomeInterest
Provision for other income taxes 178us-gaap_OtherTaxExpenseBenefit (27)us-gaap_OtherTaxExpenseBenefit (63)us-gaap_OtherTaxExpenseBenefit
Other - non-operating expense, net (1,302)us-gaap_OtherNonoperatingExpense (1,218)us-gaap_OtherNonoperatingExpense (1,910)us-gaap_OtherNonoperatingExpense
Total other income and (deductions) 5,347us-gaap_NonoperatingIncomeExpense 3,174us-gaap_NonoperatingIncomeExpense 146us-gaap_NonoperatingIncomeExpense
Interest charges:      
Long-term debt 40,637us-gaap_InterestExpenseLongTermDebt 40,354us-gaap_InterestExpenseLongTermDebt 40,192us-gaap_InterestExpenseLongTermDebt
Short-term debt 113us-gaap_InterestExpenseShortTermBorrowings 60us-gaap_InterestExpenseShortTermBorrowings 187us-gaap_InterestExpenseShortTermBorrowings
Allowance for borrowed funds used during construction (3,497)us-gaap_PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedInterest (2,087)us-gaap_PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedInterest (781)us-gaap_PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedInterest
Other 990us-gaap_InterestExpenseOther 1,065us-gaap_InterestExpenseOther 1,088us-gaap_InterestExpenseOther
Total interest charges 38,243us-gaap_InterestExpense 39,392us-gaap_InterestExpense 40,686us-gaap_InterestExpense
Net income $ 67,103us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 63,445us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 55,681us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Weighted average number of common shares outstanding - basic (in shares) 43,291us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 42,781us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 42,257us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Weighted average number of common shares outstanding - diluted (in shares) 43,314us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 42,803us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 42,284us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Total earnings per weighted average share of common stock - basic and diluted (in dollars per share) $ 1.55us-gaap_IncomeLossFromContinuingOperationsPerBasicAndDilutedShare $ 1.48us-gaap_IncomeLossFromContinuingOperationsPerBasicAndDilutedShare $ 1.32us-gaap_IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
Dividends paid per share common stock (in dollars per share) $ 1.025us-gaap_CommonStockDividendsPerShareDeclared $ 1.005us-gaap_CommonStockDividendsPerShareDeclared $ 1.000us-gaap_CommonStockDividendsPerShareDeclared