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Quarterly Operating Results - Unaudited
12 Months Ended
Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Operating Results - Unaudited

Note 9 - Quarterly Operating Results - Unaudited

 

Operating results for each quarter of 2013 and 2012 are as follows:

  

    (Thousands of Dollars, Except per Share Data)
2013   1st   2nd   3rd   4th   Total
                     
Operating Revenues   $ 27,038     $ 29,102     $ 31,285     $ 27,421     $ 114,846  
Operating Income     5,865       8,171       10,270       6,664       30,970  
Net Income     3,177       4,481       5,807       3,168       16,633  
Basic Earnings per Share   $ 0.20     $ 0.28     $ 0.36     $ 0.20     $ 1.04  
Diluted Earnings per Share   $ 0.20     $ 0.28     $ 0.36     $ 0.19     $ 1.03  

 

2012   1st   2nd   3rd   4th   Total
                                         
Operating Revenues   $ 23,546     $ 27,401     $ 32,353     $ 27,079     $ 110,379  
Operating Income     3,877       7,210       10,843       5,717       27,647  
Net Income     1,807       3,725       6,138       2,726       14,396  
Basic Earnings per Share   $ 0.11     $ 0.23     $ 0.39     $ 0.17     $ 0.90  
Diluted Earnings per Share   $ 0.11     $ 0.23     $ 0.39     $ 0.17     $ 0.90  

 

The information above, in the opinion of the Company, includes all adjustments consisting only of normal recurring accruals necessary for a fair presentation of such amounts. The business of the Company is subject to seasonal fluctuation with the peak period usually occurring during the summer months. The quarterly earnings per share amounts above may differ from previous filings due to the effects of rounding.