Segment Information

3 Months Ended

Mar. 31, 2016

Segment Information

Segment Information

Note 11— Segment Information

The tables below present statement of income information, balance sheet information and capital expenditures of our business segments (in thousands):

	For the quarter ended March 31,
	2016
	Electric		Gas		Other		Eliminations			Total
Statement of Income Information
Revenues	$	134,363	$	15,113	$	2,184	$	(345	)	$	151,315
Depreciation and amortization	18,916		996		491		—			20,403
Federal and state income taxes	7,568		799		273		—			8,640
Operating income	20,507		2,293		443		—			23,243
Interest income	4		10		24		(29		)	9
Interest expense	10,688		969		—		(29		)	11,628
Income from AFUDC (debt and equity)	2,754		4		—		—			2,758
Net income	12,240		1,326		443		—			14,009
Capital Expenditures	$	33,167	$	863	$	419	$	—		$	34,449

	For the quarter ended March 31,
	2015
	Electric		Gas		Other		Eliminations			Total
Statement of Income Information
Revenues	$	142,641	$	19,818	$	2,430	$	(345	)	$	164,544
Depreciation and amortization	18,589		972		459		—			20,020
Federal and state income taxes	7,202		1,126		443		—			8,771
Operating income	21,214		2,788		711		—			24,713
Interest income	2		12		9		(12		)	11
Interest expense	10,091		965		—		(12		)	11,044
Income from AFUDC (debt and equity)	1,541		1		—		—			1,542
Net income	12,096		1,822		719		—			14,637
Capital Expenditures	$	52,263	$	683	$	609	$	—		$	53,555

	For the twelve months ended March 31,
	2016
	Electric		Gas		Other		Eliminations			Total
Statement of Income Information
Revenues	$	546,808	$	36,997	$	9,918	$	(1,379	)	$	592,344
Depreciation and amortization	75,059		3,947		1,927		—			80,933
Federal and state income taxes	31,489		473		1,719		—			33,681
Operating income	87,165		4,657		2,756		—			94,578
Interest income	135		35		62		(88		)	144
Interest expense	41,903		3,871		—		(88		)	45,686
Income from AFUDC (debt and equity)	8,893		17		—		—			8,910
Net income	52,384		791		2,794		—			55,969
Capital Expenditures	$	150,016	$	5,369	$	2,032	$	—		$	157,417

	For the twelve months ended March 31,
	2015
	Electric		Gas		Other		Eliminations			Total
Statement of Income Information
Revenues	$	582,043	$	47,051	$	9,437	$	(1,330	)	$	637,201
Depreciation and amortization	69,547		3,822		1,895		—			75,264
Federal and state income taxes	32,692		1,519		1,660		—			35,871
Operating income	86,176		6,289		2,760		—			95,225
Interest income	7		25		27		(39		)	20
Interest expense	38,635		3,863		—		(39		)	42,459
Income from AFUDC (debt and equity)	9,408		59		—		—			9,467
Net Income	55,679		2,457		2,699		—			60,835
Capital Expenditures	$	218,696	$	5,348	$	2,303	$	—		$	226,347

	As of March 31, 2016
($-000’s)	Electric		Gas(1)		Other		Eliminations			Total
Balance Sheet Information
Total assets	$	2,335,112	$	129,987	$	38,417	$	(52,590	)	$	2,450,926

(1) Includes goodwill of $39,492.

	As of December 31, 2015
($-000’s)	Electric		Gas(1)		Other		Eliminations			Total
Balance Sheet Information
Total assets	$	2,331,705	$	127,359	$	38,299	$	(50,718	)	$	2,446,645

(1) Includes goodwill of $39,492.