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Quarterly information (unaudited) (Tables) | 12 Months Ended
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Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract] |
Schedule of selected quarterly information | Selected quarterly information was as follows:
| Quarters ended |  | Years ended
(in thousands, except per share amounts) | March 31 |  | June 30 |  | Sept. 30 |  | Dec. 31 |  | December 31
HEI consolidated |  |  |  |  |  |  |  |  |
2014 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues | $ | 783,749 |  |  | $ | 798,657 |  |  | $ | 867,096 |  |  | $ | 790,040 |  |  | $ | 3,239,542 |
Operating income | 88,306 |  |  | 82,275 |  |  | 91,102 |  |  | 67,241 |  |  | 328,924 |
Net income | 46,400 |  |  | 41,894 |  |  | 48,286 |  |  | 33,630 |  |  | 170,210 |
Net income for common stock | 45,927 |  |  | 41,421 |  |  | 47,815 |  |  | 33,157 |  |  | 168,320 |
Basic earnings per common share 1 | 0.45 |  |  | 0.41 |  |  | 0.47 |  |  | 0.32 |  |  | 1.65 |
Diluted earnings per common share 2 | 0.45 |  |  | 0.41 |  |  | 0.46 |  |  | 0.32 |  |  | 1.64 |
Dividends per common share | 0.31 |  |  | 0.31 |  |  | 0.31 |  |  | 0.31 |  |  | 1.24 |
Market price per common share 3 |  |  |  |  |  |  |  |  |
High | 26.80 |  |  | 25.65 |  |  | 26.89 |  |  | 35.00 |  |  | 35.00 |
Low | 24.39 |  |  | 23.04 |  |  | 22.71 |  |  | 26.04 |  |  | 22.71 |
2013 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues | $ | 782,232 |  |  | $ | 794,567 |  |  | $ | 829,168 |  |  | $ | 832,503 |  |  | $ | 3,238,470 |
Operating income | 68,825 |  |  | 80,207 |  |  | 88,038 |  |  | 78,349 |  |  | 315,419 |
Net income | 34,152 |  |  | 41,061 |  |  | 48,707 |  |  | 39,486 |  |  | 163,406 |
Net income for common stock | 33,679 |  |  | 40,588 |  |  | 48,236 |  |  | 39,013 |  |  | 161,516 |
Basic earnings per common share 1 | 0.34 |  |  | 0.41 |  |  | 0.49 |  |  | 0.39 |  |  | 1.63 |
Diluted earnings per common share 2 | 0.34 |  |  | 0.41 |  |  | 0.48 |  |  | 0.39 |  |  | 1.62 |
Dividends per common share | 0.31 |  |  | 0.31 |  |  | 0.31 |  |  | 0.31 |  |  | 1.24 |
Market price per common share 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |
High | 27.92 |  |  | 28.30 |  |  | 27.24 |  |  | 27.15 |  |  | 28.30 |
Low | 25.50 |  |  | 23.84 |  |  | 24.12 |  |  | 24.51 |  |  | 23.84 |
Hawaiian Electric consolidated |  |  |  |  |  |  |  |  |
2014 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues | $ | 720,062 |  |  | $ | 738,429 |  |  | $ | 803,565 |  |  | $ | 725,267 |  |  | $ | 2,987,323 |
Operating income | 70,666 |  |  | 70,068 |  |  | 76,156 |  |  | 58,878 |  |  | 275,768 |
Net income | 35,919 |  |  | 34,729 |  |  | 39,377 |  |  | 29,611 |  |  | 139,636 |
Net income for common stock | 35,420 |  |  | 34,230 |  |  | 38,879 |  |  | 29,112 |  |  | 137,641 |
2013 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues | 717,441 |  |  | 728,525 |  |  | 764,054 |  |  | 770,152 |  |  | 2,980,172 |
Operating income | 51,121 |  |  | 58,975 |  |  | 69,853 |  |  | 65,564 |  |  | 245,513 |
Net income | 24,928 |  |  | 29,192 |  |  | 38,315 |  |  | 32,489 |  |  | 124,924 |
Net income for common stock | 24,429 |  |  | 28,693 |  |  | 37,817 |  |  | 31,990 |  |  | 122,929 |
Note: HEI owns all of Hawaiian Electric's common stock, therefore per share data for Hawaiian Electric is not meaningful.
1 | The quarterly basic earnings per common share are based upon the weighted-average number of shares of common stock outstanding in each quarter.
2 | The quarterly diluted earnings per common share are based upon the weighted-average number of shares of common stock outstanding in each quarter plus the dilutive incremental shares at quarter end.
3 | Market prices of HEI common stock (symbol HE) shown are as reported on the NYSE Composite Tape.

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- Definition Tabular disclosure of the quarterly financial data in the annual financial statements. The disclosure includes financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income (loss) before extraordinary items and cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=35737889&loc=d3e1280-108306 + Details
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