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CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Operating revenues        
Electric $ 179,105 $ 178,692 $ 361,106 $ 363,060
Natural gas 14,830 19,880 56,322 73,363
Other 238 278 544 535
Total operating revenues 194,173 198,850 417,972 436,958
Operating expenses        
Electric fuel and purchased power 103,280 100,183 205,894 205,665
Cost of natural gas sold and transported 7,123 12,081 34,002 49,345
Operating and maintenance expenses 42,492 40,309 80,992 79,897
Conservation program expenses 3,620 3,422 7,122 6,483
Depreciation and amortization 17,093 16,906 34,102 33,645
Taxes (other than income taxes) 6,217 5,834 12,598 11,911
Total operating expenses 179,825 178,735 374,710 386,946
Operating income 14,348 20,115 43,262 50,012
Other (expense) income, net (40) (60) 460 14
Allowance for funds used during construction - equity 765 305 1,764 411
Interest charges and financing costs        
Interest charges - includes other financing costs of $384, $445, $810 and $809, respectively 6,044 6,082 12,059 12,085
Allowance for funds used during construction - debt (139) (39) (225) (77)
Total interest charges and financing costs 5,905 6,043 11,834 12,008
Income before income taxes 9,168 14,317 33,652 38,429
Income taxes 3,426 5,839 13,032 15,308
Net income $ 5,742 $ 8,478 $ 20,620 $ 23,121