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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Operating revenues:            
Gas operating revenues $ 286,643 $ 271,479 $ 839,758 $ 757,972 $ 1,463,873 $ 1,325,657
Construction revenues 251,961 181,674 433,066 303,577 869,109 661,595
Total operating revenues 538,604 453,153 1,272,824 1,061,549 2,332,982 1,987,252
Operating expenses:            
Net cost of gas sold 109,015 97,985 362,777 289,362 578,771 455,367
Operations and maintenance 99,344 97,620 194,854 200,028 378,558 392,920
Depreciation and amortization 66,955 62,186 134,422 125,077 262,372 244,391
Taxes other than income taxes 12,414 10,965 25,411 22,421 50,242 45,104
Construction expenses 225,829 157,642 400,757 270,841 777,773 588,737
Total operating expenses 513,557 426,398 1,118,221 907,729 2,047,716 1,726,519
Operating income 25,047 26,755 154,603 153,820 285,266 260,733
Other income and (expenses):            
Net interest deductions (17,717) (17,305) (35,694) (34,824) (72,939) (67,356)
Other income (deductions) 162 2,863 2,434 4,475 5,066 11,254
Total other income and (expenses) (17,555) (14,442) (33,260) (30,349) (67,873) (56,102)
Income before income taxes 7,492 12,313 121,343 123,471 217,393 204,631
Income tax expense 2,429 2,686 44,401 43,147 79,627 70,175
Net income 5,063 9,627 76,942 80,324 137,766 134,456
Net income (loss) attributable to noncontrolling interests 114 0 10 (86) 118 (393)
Net income attributable to Southwest Gas Corporation $ 4,949 $ 9,627 $ 76,932 $ 80,410 $ 137,648 $ 134,849
Basic earnings per share $ 0.11 $ 0.21 $ 1.65 $ 1.73 $ 2.95 $ 2.91
Diluted earnings per share 0.10 0.21 1.63 1.71 2.92 2.88
Dividends declared per share $ 0.405 $ 0.365 $ 0.810 $ 0.730 $ 1.540 $ 1.390
Average number of common shares outstanding 46,869 46,502 46,741 46,471 46,628 46,407
Average shares outstanding (assuming dilution) 47,290 46,948 47,164 46,910 47,070 46,860