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CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Operating revenues        
Electric $ 214,426 $ 210,810 $ 575,532 $ 573,870
Natural gas 11,742 13,312 68,064 86,675
Other 307 346 851 881
Total operating revenues 226,475 224,468 644,447 661,426
Operating expenses        
Electric fuel and purchased power 111,088 109,877 316,982 315,542
Cost of natural gas sold and transported 5,656 7,472 39,658 56,817
Operating and maintenance expenses 41,726 41,619 122,718 121,516
Conservation program expenses 3,714 3,232 10,836 9,715
Depreciation and amortization 17,338 17,311 51,440 50,956
Taxes (other than income taxes) 6,218 5,925 18,816 17,836
Total operating expenses 185,740 185,436 560,450 572,382
Operating income 40,735 39,032 83,997 89,044
Other (expense) income, net (85) 133 375 147
Allowance for funds used during construction - equity (385) 289 1,379 700
Interest charges and financing costs        
Interest charges - includes other financing costs of $375, $452, $1,185 and $1,261, respectively 5,944 6,017 18,003 18,102
Allowance for funds used during construction - debt (995) (40) (1,220) (117)
Total interest charges and financing costs 4,949 5,977 16,783 17,985
Income before income taxes 35,316 33,477 68,968 71,906
Income taxes 13,116 13,504 26,148 28,812
Net income $ 22,200 $ 19,973 $ 42,820 $ 43,094