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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenues        
Total revenues $ 798,657 $ 794,567 $ 1,582,406 $ 1,576,799
Expenses        
Total expenses 716,382 714,360 1,411,825 1,427,767
Operating income (loss)        
Total operating income 82,275 80,207 170,581 149,032
Interest expense, net—other than on deposit liabilities and other bank borrowings (20,022) (18,442) (39,478) (37,173)
Allowance for borrowed funds used during construction 523 398 1,137 1,128
Allowance for equity funds used during construction 1,387 1,560 2,996 2,775
Income before income taxes 64,163 63,723 135,236 115,762
Income taxes 22,269 22,662 46,942 40,549
Net income 41,894 41,061 88,294 75,213
Preferred stock dividends of subsidiaries 473 473 946 946
Net income for common stock 41,421 40,588 87,348 74,267
Basic earnings per common share (in dollars per share) $ 0.41 $ 0.41 $ 0.86 $ 0.75
Diluted earnings per common share (in dollars per share) $ 0.41 $ 0.41 $ 0.86 $ 0.75
Dividends per common share (in dollars per share) $ 0.31 $ 0.31 $ 0.62 $ 0.62
Weighted-average number of common shares outstanding (in shares) 101,495 98,660 101,439 98,399
Net effect of potentially dilutive shares (in shares) 330 589 606 562
Adjusted weighted-average shares (in shares) 101,825 99,249 102,045 98,961
Electric utility
       
Revenues        
Total revenues 738,429 728,525 1,458,491 1,445,966
Expenses        
Total expenses 668,361 669,550 1,317,757 1,335,870
Operating income (loss)        
Total operating income 70,068 58,975 140,734 110,096
Income before income taxes 55,126 46,525 112,292 85,072
Income taxes 20,397 17,333 41,644 30,952
Net income 34,729 29,192 70,648 54,120
Preferred stock dividends of subsidiaries 499 499 998 998
Net income for common stock 34,230 28,693 69,650 53,122
Bank
       
Revenues        
Total revenues 60,616 66,027 124,235 130,783
Expenses        
Total expenses 43,568 41,322 85,564 84,327
Operating income (loss)        
Total operating income 17,048 24,705 38,671 46,456
Income before income taxes 17,048 24,705 38,672 46,457
Income taxes 5,372 8,786 12,457 16,383
Net income 11,676 15,919 26,215 30,074
Net income for common stock 11,676 15,919 26,215 30,074
Other
       
Revenues        
Total revenues (388) 15 (320) 50
Expenses        
Total expenses 4,453 3,488 8,504 7,570
Operating income (loss)        
Total operating income (4,841) (3,473) (8,824) (7,520)
Income before income taxes (8,011) (7,507) (15,728) (15,767)
Income taxes (3,500) (3,457) (7,159) (6,786)
Net income (4,511) (4,050) (8,569) (8,981)
Preferred stock dividends of subsidiaries (26) (26) (52) (52)
Net income for common stock $ (4,485) $ (4,024) $ (8,517) $ (8,929)