Segment Information

9 Months Ended

Sep. 30, 2011

Segment Information

Segment Information

Note 11— Segment Information

We operate our business as three segments:  electric, gas and other. As part of our electric segment, we also provide water service to three towns in Missouri. The other segment consists of our fiber optics business.

The tables below present statement of operations information, balance sheet information and capital expenditures of our business segments.

	For the quarter ended September 30, 2011
	Electric		Gas			Other		Eliminations			Total
($-000’s)
Statement of Operations Information
Revenues	$	157,619	$	5,052		$	1,761	$	(148	)	$	164,284
Depreciation and amortization	13,418		873			466		—			14,757
Federal and state income taxes	15,703		(257		)	206		—			15,652
Operating income	35,359		517			574		—			36,450
Interest income	30		75			—		(76		)	29
Interest expense	10,047		979			2		(76		)	10,952
Income from AFUDC (debt and equity)	158		1			—		—			159
Net income	25,276		(427		)	335		—			25,184
Capital Expenditures	$	20,800	$	1,841		$	1,452				$	24,093

	For the quarter ended September 30, 2010
	Electric		Gas			Other		Eliminations			Total
($-000’s)
Statement of Operations Information
Revenues	$	147,128	$	5,403		$	1,703	$	(148	)	$	154,086
Depreciation and amortization	13,354		844			424		—			14,622
Federal and state income taxes	11,864		(241		)	297		—			11,920
Operating income	30,827		557			489		—			31,873
Interest income	36		80			—		(86		)	30
Interest expense	9,392		989			7		(86		)	10,302
Income from AFUDC (debt and equity)	1,605		6			—		—			1,611
Net income	22,887		(388		)	482		—			22,981
Capital Expenditures	$	21,081	$	750		$	369				$	22,200

	For the nine months ended September 30, 2011
	Electric		Gas		Other		Eliminations			Total
($-000’s)
Statement of Operations Information
Revenues	$	406,308	$	33,344	$	4,897	$	(444	)	$	444,105
Depreciation and amortization	45,027		2,617		1,334		—			48,978
Federal and state income taxes	26,676		1,111		689		—			28,476
Operating income	71,430		4,639		1,362		—			77,431
Interest income	68		204		—		(204		)	68
Interest expense	27,865		2,933		6		(204		)	30,600
Income from AFUDC (debt and equity)	308		2		—		—			310
Net income	43,369		1,792		1,120		—			46,281
Capital Expenditures	$	70,685	$	2,875	$	2,900				$	76,460

	For the nine months ended September 30, 2010
	Electric		Gas		Other		Eliminations			Total
($-000’s)
Statement of Operations Information
Revenues	$	367,846	$	36,480	$	4,580	$	(444	)	$	408,462
Depreciation and amortization	38,028		2,184		1,182		—			41,394
Federal and state income taxes	24,642		981		718		—			26,341
Operating income	56,700		4,334		1,196		—			62,230
Interest income	169		339		—		(356		)	152
Interest expense	30,099		2,959		28		(356		)	32,730
Income from AFUDC (debt and equity)	10,097		12		—		—			10,109
Net income	36,216		1,553		1,167		—			38,936
Capital Expenditures	$	74,862	$	1,636	$	2,328				$	78,826

	For the twelve months ended September 30, 2011
	Electric		Gas		Other		Eliminations			Total
($-000’s)
Statement of Operations Information
Revenues	$	523,177	$	47,750	$	6,584	$	(592	)	$	576,919
Depreciation and amortization	60,983		3,465		1,792		—			66,240
Federal and state income taxes	29,959		1,751		960		—			32,670
Operating income	87,258		6,631		1,807		—			95,696
Interest income	97		269		—		(273		)	93
Interest expense	36,564		3,915		11		(273		)	40,217
Income from AFUDC (debt and equity)	366		8		—		—			374
Net income	50,340		2,840		1,560		—			54,740
Capital Expenditures	$	96,532	$	6,480	$	3,342				$	106,354

	For the twelve months ended September 30, 2010
	Electric		Gas		Other		Eliminations			Total
($-000’s)
Statement of Operations Information
Revenues	$	470,911	$	52,993	$	6,019	$	(592	)	$	529,331
Depreciation and amortization	50,196		2,691		1,554		—			54,441
Federal and state income taxes	27,148		1,619		922		—			29,689
Operating income	70,541		6,290		1,535		—			78,366
Interest income	210		400		—		(421		)	189
Interest expense	40,753		3,946		36		(421		)	44,314
Income from AFUDC (debt and equity)	13,949		13		—		—			13,962
Net Income	42,902		2,462		1,499		—			46,863
Capital Expenditures	$	109,992	$	2,337	$	2,677				$	115,006

	As of September 30, 2011
	Electric		Gas(1)		Other		Eliminations			Total
($-000’s)
Balance Sheet Information
Total assets	$	1,882,904	$	141,679	$	25,658	$	(85,854	)	$	1,964,387

(1) Includes goodwill of $39,492.

	As of December 31, 2010
	Electric		Gas(1)		Other		Eliminations			Total
($-000’s)
Balance Sheet Information
Total assets	$	1,837,910	$	139,532	$	23,163	$	(79,294	)	$	1,921,311

(1) Includes goodwill of $39,492.