Segment Information

9 Months Ended

Sep. 30, 2012

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 income information, balance sheet information and capital expenditures of our business segments.

	For the quarter ended September 30, 2012
($-000’s)	Electric		Gas			Other		Eliminations			Total
Statement of Income Information
Revenues	$	152,730	$	4,999		$	1,621	$	(148	)	$	159,202
Depreciation and amortization	13,757		895			456		—			15,108
Federal and state income taxes	15,564		(232		)	145		—			15,477
Operating income	34,517		532			233		—			35,282
Interest income	261		88			2		(86		)	265
Interest expense	9,328		975			—		(86		)	10,217
Income from AFUDC (debt and equity)	532		3			—		—			535
Net income	25,705		(399		)	236		—			25,542
Capital Expenditures	$	39,794	$	783		$	715				$	41,292

	For the quarter ended September 30, 2011
($-000’s)	Electric		Gas			Other		Eliminations			Total
Statement of Income 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 nine months ended September 30, 2012
($-000’s)	Electric		Gas		Other		Eliminations			Total
Statement of Income Information
Revenues	$	396,546	$	26,486	$	5,389	$	(444	)	$	427,977
Depreciation and amortization	41,086		2,675		1,350		—			45,111
Federal and state income taxes	27,497		226		713		—			28,436
Operating income	72,594		3,120		1,140		—			76,854
Interest income	549		255		3		(239		)	568
Interest expense	28,530		2,928		—		(239		)	31,219
Income from AFUDC (debt and equity)	800		5		—		—			805
Net income	44,569		326		1,159		—			46,054
Capital Expenditures	$	103,361	$	2,352	$	2,253				$	107,966

	For the nine months ended September 30, 2011
($-000’s)	Electric		Gas		Other		Eliminations			Total
Statement of Income 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 twelve months ended September 30, 2012
($-000’s)	Electric		Gas		Other		Eliminations			Total
Statement of Income Information
Revenues	$	514,515	$	39,571	$	7,249	$	(592	)	$	560,743
Depreciation and amortization	54,295		3,552		1,822		—			59,669
Federal and state income taxes	32,464		791		1,003		—			34,258
Operating income	89,754		4,995		1,608		—			96,357
Interest income	1,035		310		4		(294		)	1,055
Interest expense	38,525		3,906		2		(294		)	42,139
Income from AFUDC (debt and equity)	1,000		7		—		—			1,007
Net income	51,870		1,244		1,631		—			54,745
Capital Expenditures	$	126,176	$	3,599	$	2,909				$	132,684

	For the twelve months ended September 30, 2011
($-000’s)	Electric		Gas		Other		Eliminations			Total
Statement of Income 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

	As of September 30, 2012
($-000’s)	Electric		Gas(1)		Other		Eliminations			Total
Balance Sheet Information
Total assets	$	1,980,356	$	145,650	$	27,837	$	(87,288	)	$	2,066,555

(1) Includes goodwill of $39,492.

	As of December 31, 2011
($-000’s)	Electric		Gas(1)		Other		Eliminations			Total
Balance Sheet Information
Total assets	$	1,931,320	$	145,897	$	26,038	$	(81,420	)	$	2,021,835

(1) Includes goodwill of $39,492.