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Selected Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2013
Selected Quarterly Financial Data (Unaudited)  
Schedule of quarterly financial information

Consolidated quarterly financial information for 2013 and 2012 is provided in the tables below (dollars in thousands, except per share amounts). 

 

 

 

2013 Quarter Ended

 

2013

 

 

 

March 31,

 

June 30,

 

Sept. 30,

 

Dec. 31,

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating revenues

 

$

686,652

 

$

915,822

 

$

1,152,392

 

$

699,762

 

$

3,454,628

 

Operations and maintenance

 

223,250

 

229,300

 

233,323

 

238,854

 

924,727

 

Operating income

 

86,923

 

259,812

 

415,688

 

83,900

 

846,323

 

Income taxes

 

12,469

 

77,043

 

131,912

 

9,167

 

230,591

 

Income from continuing operations

 

32,836

 

139,598

 

234,718

 

32,814

 

439,966

 

Net income attributable to common shareholders

 

24,444

 

131,207

 

226,163

 

24,260

 

406,074

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings Per Share:

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations attributable to common shareholders — Basic

 

$

0.22

 

$

1.19

 

$

2.06

 

$

0.22

 

$

3.69

 

Net income attributable to common shareholders — Basic

 

0.22

 

1.19

 

2.06

 

0.22

 

3.69

 

Income from continuing operations attributable to common shareholders — Diluted

 

0.22

 

1.18

 

2.04

 

0.22

 

3.66

 

Net income attributable to common shareholders — Diluted

 

0.22

 

1.18

 

2.04

 

0.22

 

3.66

 

 

 

 

2012 Quarter Ended

 

2012

 

 

 

March 31,

 

June 30,

 

Sept. 30,

 

Dec. 31,

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating revenues

 

$

620,631

 

$

878,576

 

$

1,109,475

 

$

693,122

 

$

3,301,804

 

Operations and maintenance

 

210,663

 

216,236

 

220,729

 

237,141

 

884,769

 

Operating income

 

48,007

 

254,489

 

447,970

 

101,289

 

851,755

 

Income taxes

 

(4,645

)

76,689

 

147,116

 

18,157

 

237,317

 

Income from continuing operations

 

284

 

130,930

 

252,874

 

34,905

 

418,993

 

Net income (loss) attributable to common shareholders

 

(8,257

)

122,345

 

244,823

 

22,631

 

381,542

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings Per Share:

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from continuing operations attributable to common shareholders — Basic

 

$

(0.07

)

$

1.12

 

$

2.23

 

$

0.24

 

$

3.54

 

Net income (loss) attributable to common shareholders — Basic

 

(0.08

)

1.12

 

2.23

 

0.21

 

3.48

 

Income (loss) from continuing operations attributable to common shareholders — Diluted

 

(0.07

)

1.12

 

2.21

 

0.24

 

3.50

 

Net income (loss) attributable to common shareholders — Diluted

 

(0.08

)

1.11

 

2.21

 

0.20

 

3.45