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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (USD $) In Thousands, except Per Share data, unless otherwise specified | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2013
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) [Abstract] |  |  |  |
Operating Revenues | $ 32,669 | $ 31,285 | $ 89,032 | $ 87,424
Operating Expenses: |  |  |  |
Operations and Maintenance | 14,956 | 15,120 | 44,957 | 45,698
Depreciation | 2,880 | 2,772 | 8,532 | 8,205
Other Taxes | 3,213 | 3,123 | 9,210 | 9,215
Total Operating Expenses | 21,049 | 21,015 | 62,699 | 63,118
Operating Income | 11,620 | 10,270 | 26,333 | 24,306
Other Income (Expense): |  |  |  |
Allowance for Funds Used During Construction | 80 | 104 | 213 | 230
Other Income | 49 | 27 | 195 | 124
Other Expenses | (44) | (1) | (218) | (21)
Total Other Income, net | 85 | 130 | 190 | 333
Interest Charges | 1,516 | 1,541 | 4,134 | 4,234
Income before Income Taxes | 10,189 | 8,859 | 22,389 | 20,405
Income Taxes | 3,431 | 3,052 | 7,735 | 6,940
Net Income | 6,758 | 5,807 | 14,654 | 13,465
Preferred Stock Dividend Requirements | 36 | 44 | 115 | 147
Earnings Applicable to Common Stock | $ 6,722 | $ 5,763 | $ 14,539 | $ 13,318
Earnings per share of Common Stock: |  |  |  |
Basic (in dollars per share) | $ 0.42 | $ 0.36 | $ 0.91 | $ 0.84
Diluted (in dollars per share) | $ 0.42 | $ 0.36 | $ 0.90 | $ 0.83
Average Number of Common Shares Outstanding : |  |  |  |
Basic (in shares) | 16,097 | 15,882 | 16,030 | 15,839
Diluted (in shares) | 16,253 | 16,117 | 16,211 | 16,093
Cash Dividends Paid per Common Share (in dollars per share) | $ 0.1900 | $ 0.1875 | $ 0.5700 | $ 0.5625

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