XML 34 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Operating revenues    
Electric $ 210,284us-gaap_ElectricDomesticRegulatedRevenue $ 211,097us-gaap_ElectricDomesticRegulatedRevenue
Natural gas 63,296us-gaap_GasDomesticRegulatedRevenue 73,791us-gaap_GasDomesticRegulatedRevenue
Other 380us-gaap_OtherSalesRevenueNet 254us-gaap_OtherSalesRevenueNet
Total operating revenues 273,960us-gaap_Revenues 285,142us-gaap_Revenues
Operating expenses    
Electric fuel and purchased power, non-affiliates 1,283us-gaap_CostOfDomesticRegulatedElectric 8,851us-gaap_CostOfDomesticRegulatedElectric
Purchased power, affiliates 111,832nspw_RelatedPartyTransactionUtilitiesOperatingExpensePurchasedPower 109,571nspw_RelatedPartyTransactionUtilitiesOperatingExpensePurchasedPower
Cost of natural gas sold and transported 42,438us-gaap_CostOfDomesticRegulatedGasRevenue 51,142us-gaap_CostOfDomesticRegulatedGasRevenue
Operating and maintenance expenses 42,173us-gaap_UtilitiesOperatingExpenseMaintenanceOperationsAndOtherCostsAndExpenses 44,231us-gaap_UtilitiesOperatingExpenseMaintenanceOperationsAndOtherCostsAndExpenses
Conservation program expenses 2,855nspw_ConservationAndDemandSideManagementProgramExpenses 2,672nspw_ConservationAndDemandSideManagementProgramExpenses
Depreciation and amortization 21,361us-gaap_UtilitiesOperatingExpenseDepreciationAndAmortization 19,307us-gaap_UtilitiesOperatingExpenseDepreciationAndAmortization
Taxes (other than income taxes) 7,232us-gaap_TaxesExcludingIncomeAndExciseTaxes 6,797us-gaap_TaxesExcludingIncomeAndExciseTaxes
Loss on Monticello life cycle management/extended power uprate project 5,237nspw_LossonMonticelloLCMEPUproject 0nspw_LossonMonticelloLCMEPUproject
Total operating expenses 234,411us-gaap_CostsAndExpenses 242,571us-gaap_CostsAndExpenses
Operating income 39,549us-gaap_OperatingIncomeLoss 42,571us-gaap_OperatingIncomeLoss
Other income, net 249us-gaap_OtherNonoperatingIncomeExpense 124us-gaap_OtherNonoperatingIncomeExpense
Allowance for funds used during construction — equity 2,219us-gaap_PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity 1,572us-gaap_PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity
Interest charges and financing costs    
Interest charges — includes other financing costs of $402 and $374, respectively 7,756us-gaap_InterestExpense 6,867us-gaap_InterestExpense
Allowance for funds used during construction — debt (1,070)us-gaap_PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedInterest (758)us-gaap_PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedInterest
Total interest charges and financing costs 6,686us-gaap_InterestAndDebtExpense 6,109us-gaap_InterestAndDebtExpense
Income before income taxes 35,331us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 38,158us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income taxes 13,064us-gaap_IncomeTaxExpenseBenefit 13,923us-gaap_IncomeTaxExpenseBenefit
Net income $ 22,267us-gaap_NetIncomeLoss $ 24,235us-gaap_NetIncomeLoss