XML 23 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) [Abstract]        
Operating Revenues $ 32,669 $ 31,285 $ 89,032 $ 87,424
Operating Expenses:        
Operations and Maintenance 14,956 15,120 44,957 45,698
Depreciation 2,880 2,772 8,532 8,205
Other Taxes 3,213 3,123 9,210 9,215
Total Operating Expenses 21,049 21,015 62,699 63,118
Operating Income 11,620 10,270 26,333 24,306
Other Income (Expense):        
Allowance for Funds Used During Construction 80 104 213 230
Other Income 49 27 195 124
Other Expenses (44) (1) (218) (21)
Total Other Income, net 85 130 190 333
Interest Charges 1,516 1,541 4,134 4,234
Income before Income Taxes 10,189 8,859 22,389 20,405
Income Taxes 3,431 3,052 7,735 6,940
Net Income 6,758 5,807 14,654 13,465
Preferred Stock Dividend Requirements 36 44 115 147
Earnings Applicable to Common Stock $ 6,722 $ 5,763 $ 14,539 $ 13,318
Earnings per share of Common Stock:        
Basic (in dollars per share) $ 0.42 $ 0.36 $ 0.91 $ 0.84
Diluted (in dollars per share) $ 0.42 $ 0.36 $ 0.90 $ 0.83
Average Number of Common Shares Outstanding :        
Basic (in shares) 16,097 15,882 16,030 15,839
Diluted (in shares) 16,253 16,117 16,211 16,093
Cash Dividends Paid per Common Share (in dollars per share) $ 0.1900 $ 0.1875 $ 0.5700 $ 0.5625