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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Revenues    
Total revenues $ 814,860 $ 710,633
Expenses    
Total expenses 739,044 647,258
Operating income (loss)    
Total operating income 75,816 63,375
Interest expense-other than on deposit liabilities and other bank borrowings (18,539) (20,140)
Allowance for borrowed funds used during construction 870 520
Allowance for equity funds used during construction 1,940 1,244
Income before income taxes 60,087 44,999
Income taxes 21,298 16,064
Net income 38,789 28,935
Preferred stock dividends of subsidiaries 473 473
Net income for common stock 38,316 28,462
Basic earnings per common share (in dollars per share) $ 0.40 $ 0.30
Diluted earnings per common share (in dollars per share) $ 0.40 $ 0.30
Dividends per common share (in dollars per share) $ 0.31 $ 0.31
Weighted-average number of common shares outstanding (in shares) 96,167 94,817
Dilutive effect of share-based compensation (in shares) 394 365
Adjusted weighted-average shares (in shares) 96,561 95,182
Electric utility
   
Revenues    
Total revenues 749,610 645,335
Expenses    
Total expenses 692,356 600,127
Operating income (loss)    
Total operating income 57,254 45,208
Income before income taxes 45,207 31,267
Income taxes 17,408 11,579
Net income 27,799 19,688
Preferred stock dividends of subsidiaries 499 499
Net income for common stock 27,300 19,189
Bank
   
Revenues    
Total revenues 65,252 65,313
Expenses    
Total expenses 42,340 43,559
Operating income (loss)    
Total operating income 22,912 21,754
Income before income taxes 23,464 21,727
Income taxes 7,587 7,876
Net income 15,877 13,851
Net income for common stock 15,877 13,851
Other
   
Revenues    
Total revenues (2) (15)
Expenses    
Total expenses 4,348 3,572
Operating income (loss)    
Total operating income (4,350) (3,587)
Income before income taxes (8,584) (7,995)
Income taxes (3,697) (3,391)
Net income (4,887) (4,604)
Preferred stock dividends of subsidiaries (26) (26)
Net income for common stock $ (4,861) $ (4,578)