Segment Information

6 Months Ended

Jun. 30, 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. Merger related expenses are reflected below in the electric segment operating income.

	For the three months ended June 30, 2016
($-000’s)	Electric		Gas			Other		Eliminations			Total
Statement of Income Information
Revenues	$	131,822	$	5,641		$	2,202	$	(345	)	$	139,320
Depreciation and amortization	19,319		1,005			493		—			20,817
Federal and state income taxes	5,659		(322		)	338		—			5,675
Operating income	18,438		435			504		—			19,377
Interest income	40		14			25		(35		)	44
Interest expense	10,698		967			—		(35		)	11,630
Income from AFUDC (debt and equity)	1,676		2			—		—			1,678
Net income	9,207		(530		)	548		—			9,225
Capital Expenditures	$	29,483	$	1,141		$	159	—			$	30,783

	For the three months ended June 30, 2015
($-000’s)	Electric		Gas			Other		Eliminations			Total
Statement of Income Information
Revenues	$	126,282	$	6,279		$	2,341	$	(345	)	$	134,557
Depreciation and amortization	18,690		976			461		—			20,127
Federal and state income taxes	3,957		(332		)	417		—			4,042
Operating income	14,954		428			665		—			16,047
Interest income	124		16			12		(23		)	129
Interest expense	10,210		965			—		(23		)	11,152
Income from AFUDC (debt and equity)	1,955		2			—		—			1,957
Net income	6,627		(534		)	677		—			6,770
Capital Expenditures	$	45,847	$	987		$	743	—			$	47,577

	For the six months ended June 30, 2016
($-000’s)	Electric		Gas		Other		Eliminations			Total
Statement of Income Information
Revenues	$	266,185	$	20,754	$	4,386	$	(690	)	$	290,635
Depreciation and amortization	38,235		2,001		985		—			41,221
Federal and state income taxes	13,227		477		610		—			14,314
Operating income	38,945		2,728		947		—			42,620
Interest income	43		25		49		(64		)	53
Interest expense	21,386		1,936		—		(64		)	23,258
Income from AFUDC (debt and equity)	4,429		6		—		—			4,435
Net income	21,447		796		991		—			23,234
Capital Expenditures	$	62,650	$	2,003	$	579	—			$	65,232

	For the six months ended June 30, 2015
($-000’s)	Electric		Gas		Other		Eliminations			Total
Statement of Income Information
Revenues	$	268,924	$	26,096	$	4,771	$	(690	)	$	299,101
Depreciation and amortization	37,279		1,948		920		—			40,147
Federal and state income taxes	11,159		794		859		—			12,812
Operating income	36,168		3,216		1,377		—			40,761
Interest income	126		28		21		(35		)	140
Interest expense	20,301		1,930		—		(35		)	22,196
Income from AFUDC (debt and equity)	3,496		3		—		—			3,499
Net income	18,723		1,288		1,396		—			21,407
Capital Expenditures	$	98,110	$	1,670	$	1,354	—			$	101,134

	For the twelve months ended June 30, 2016
($-000’s)	Electric		Gas		Other		Eliminations			Total
Statement of Income Information
Revenues	$	552,347	$	36,360	$	9,780	$	(1,380	)	$	597,107
Depreciation and amortization	75,689		3,975		1,960		—			81,624
Federal and state income taxes	33,192		483		1,639		—			35,314
Operating income	90,900		4,665		2,594		—			98,159
Interest income	50		33		75		(100		)	58
Interest expense	42,391		3,873		—		(100		)	46,164
Income from AFUDC (debt and equity)	8,614		17		—		—			8,631
Net income	54,963		796		2,665		—			58,424
Capital Expenditures	$	133,652	$	5,523	$	1,448	—			$	140,623

	For the twelve months ended June 30, 2015
($-000’s)	Electric		Gas		Other		Eliminations			Total
Statement of Income Information
Revenues	$	567,559	$	46,341	$	9,431	$	(1,355	)	$	621,976
Depreciation and amortization	71,446		3,885		1,903		—			77,234
Federal and state income taxes	30,318		1,277		1,668		—			33,263
Operating income	82,945		6,093		2,732		—			91,770
Interest income	131		34		35		(53		)	147
Interest expense	39,391		3,866		—		(53		)	43,204
Income from AFUDC (debt and equity)	9,062		11		—		—			9,073
Net Income	51,480		2,218		2,713		—			56,411
Capital Expenditures	$	219,362	$	5,051	$	2,752	—			$	227,165

	As of June 30, 2016
($-000’s)	Electric		Gas(1)		Other		Eliminations			Total
Balance Sheet Information
Total assets	$	2,355,251	$	126,037	$	38,884	$	(51,537	)	$	2,468,635

(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.