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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Operating Revenues:        
Utility $ 59,056 $ 64,970 $ 238,258 $ 239,359
Nonutility 62,857 95,507 158,487 253,040
Total Operating Revenues 121,913 160,477 396,745 492,399
Cost of Sales - (Excluding depreciation)        
- Utility 20,286 28,042 106,551 110,682
- Nonutility 49,233 81,316 119,836 214,896
Operations 26,416 24,491 54,198 50,185
Maintenance 3,371 3,215 6,563 6,224
Depreciation 10,485 8,853 20,089 17,505
Energy and Other Taxes 1,865 2,121 5,743 7,421
Total Operating Expenses 111,656 148,038 312,980 406,913
Operating Income 10,257 12,439 83,765 85,486
Other Income and Expense 3,658 3,805 5,531 10,377
Interest Charges (5,195) (6,234) (10,688) (12,215)
Income Before Income Taxes 8,720 10,010 78,608 83,648
Income Taxes 1,072 (3,004) (14,812) (25,514)
Equity in Earnings (Loss) of Affiliated Companies 1,040 (761) 1,247 (58)
Income from Continuing Operations 10,832 6,245 65,043 58,076
Loss from Discontinued Operations - (Net of tax benefit) (498) (166) (634) (549)
Net Income $ 10,334 $ 6,079 $ 64,409 $ 57,527
Basic Earnings Per Common Share:        
Continuing Operations (in dollars per share) $ 0.356 $ 0.209 $ 2.145 $ 1.941
Discontinued Operations (in dollars per share) $ (0.016) $ (0.006) $ (0.021) $ (0.019)
Basic Earnings Per Common Share (in dollars per share) $ 0.340 $ 0.203 $ 2.124 $ 1.922
Average Shares of Common Stock Outstanding - Basic (in shares) 30,393 29,953 30,321 29,926
Diluted Earnings Per Common Share:        
Continuing Operations (in dollars per share) $ 0.355 $ 0.208 $ 2.140 $ 1.935
Discontinued Operations (in dollars per share) $ (0.016) $ (0.006) $ (0.021) $ (0.018)
Diluted Earnings Per Common Share (in dollars per share) $ 0.339 $ 0.202 $ 2.119 $ 1.917
Average Shares of Common Stock Outstanding - Diluted (in shares) 30,472 30,037 30,397 30,014
Dividends Declared per Common Share (See Note 4) (in dollars per share) $ 0.403 $ 0.365 $ 0.806 $ 0.730