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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
CONDENSED CONSOLIDATED STATEMENTS OF INCOME [Abstract]        
Operating Revenues $ 31,666 $ 29,190 $ 60,446 $ 56,363
Operating Expenses:        
Operations and Maintenance 16,229 14,563 32,317 30,000
Depreciation 2,982 2,837 5,930 5,652
Other Taxes 3,220 3,043 6,280 5,997
Total Operating Expenses 22,431 20,443 44,527 41,649
Operating Income 9,235 8,747 15,919 14,714
Other Income (Expense):        
Allowance for Funds Used During Construction 103 66 185 133
Other Income 43 135 82 146
Other Expense (18) (155) (83) (175)
Total Other Income, net 128 46 184 104
Interest Charges 1,496 1,515 2,554 2,618
Income before Income Taxes 7,867 7,278 13,549 12,200
Income Taxes 2,778 2,550 4,825 4,303
Net Income 5,089 4,728 8,724 7,897
Preferred Stock Dividend Requirements 36 36 72 79
Earnings Applicable to Common Stock $ 5,053 $ 4,692 $ 8,652 $ 7,818
Earnings per share of Common Stock:        
Basic (in dollars per share) $ 0.31 $ 0.29 $ 0.54 $ 0.49
Diluted (in dollars per share) $ 0.31 $ 0.29 $ 0.53 $ 0.49
Average Number of Common Shares Outstanding :        
Basic (in shares) 16,149 16,018 16,141 15,996
Diluted (in shares) 16,305 16,199 16,297 16,190
Cash Dividends Paid per Common Share (in dollars per share) $ 0.1925 $ 0.1900 $ 0.3850 $ 0.3800