Quarterly Operating Results - Unaudited

12 Months Ended

Dec. 31, 2016

Quarterly Financial Information Disclosure [Abstract]

Quarterly Operating Results - Unaudited

Note 9 - Quarterly Operating Results - Unaudited

Operating results for each quarter of 2016 and 2015 are as follows:

	(Thousands of Dollars, Except per Share Data)
2016	1st		2nd		3rd		4th		Total
Operating Revenues	$	30,579	$	32,725	$	37,754	$	31,808	$	132,906
Operating Income		8,302		10,328		14,156		7,846		40,632
Net Income		4,790		5,919		8,813		3,220		22,742
Basic Earnings per Share	$	0.29	$	0.36	$	0.54	$	0.20	$	1.39
Diluted Earnings per Share	$	0.29	$	0.36	$	0.54	$	0.19	$	1.38

2015	1st		2nd		3rd		4th		Total
Operating Revenues	$	28,780	$	31,666	$	34,654	$	30,925	$	126,025
Operating Income		6,685		9,235		11,460		8,460		35,840
Net Income		3,636		5,089		6,743		4,560		20,028
Basic Earnings per Share	$	0.22	$	0.31	$	0.41	$	0.29	$	1.23
Diluted Earnings per Share	$	0.22	$	0.31	$	0.41	$	0.28	$	1.22

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.