7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2017-09-30 2016-12-31 2016-06-30 2016-03-31 2013-03-31 2012-12-31 2012-09-30 2011-03-31 
      
    		                                  
      assets
    		                                  
      current assets
    		                                  
      cash and cash equivalents
    		325,786,000 307,241,000 284,814,000 294,651,000 280,020,000 230,672,000 238,158,000 230,373,000 189,214,000 150,578,000 104,080,000 118,996,000 72,987,000 61,989,000 1,371,000 1,537,000 1,272,000 1,480,000 1,212,000 1,163,000 44,904,000 39,512,000 7,884,000 21,199,000 921,000 982,000 826,000    37,532,000 44,802,000  186,000 
      accounts receivable
    		166,694,000 180,823,000 184,051,000 145,964,000 186,273,000 191,946,000 195,674,000 157,143,000 193,175,000 194,951,000 175,442,000 144,393,000 193,797,000 225,838,000 218,896,000 174,953,000 178,759,000 163,424,000 134,390,000 113,959,000               
      inventories
    		155,765,000 151,558,000 147,695,000 148,885,000 153,233,000 161,787,000 148,194,000 149,701,000 142,007,000 144,441,000 144,767,000 145,952,000 146,376,000 146,964,000 145,857,000 148,490,000 114,615,000 103,024,000 92,426,000 92,165,000 81,871,000 89,754,000 98,152,000 97,851,000 97,052,000 105,860,000 78,915,000 83,740,000 81,396,000 85,410,000 73,398,000  73,430,000 81,141,000 
      investments
    		53,877,000 128,289,000 125,113,000 121,177,000 121,421,000 117,062,000 66,110,000 62,516,000 59,322,000 59,882,000 58,058,000 54,845,000 52,966,000 53,555,000 57,893,000 56,690,000 55,456,000 55,809,000 54,446,000 51,856,000 10,791,000 10,581,000 9,462,000 9,894,000 9,743,000 9,683,000 8,599,000 8,417,000 8,413,000 8,411,000 9,417,000  9,920,000 9,794,000 
      regulatory assets
    		9,433,000 8,946,000 11,539,000 9,962,000 7,860,000 8,172,000 9,175,000 16,127,000 17,041,000 19,058,000 16,566,000 24,999,000 29,921,000 20,675,000 21,770,000 27,342,000 22,517,000 23,250,000 21,419,000 21,900,000 17,435,000 19,958,000 20,358,000 21,650,000 12,667,000 14,501,000 21,582,000 21,297,000 17,205,000 18,636,000 21,326,000  21,084,000 117,485,000 
      other current assets
    		25,688,000 25,842,000 23,175,000 30,579,000 22,927,000 21,551,000 16,742,000 16,826,000 15,313,000 15,084,000 13,510,000 18,412,000 17,412,000 15,923,000 14,497,000 17,032,000 17,804,000 13,723,000 9,516,000 5,645,000               
      total current assets
    		737,243,000 674,410,000 651,274,000 630,041,000 650,313,000 614,128,000 607,943,000 570,170,000 556,750,000 524,112,000 454,365,000 452,752,000 460,493,000 471,389,000 402,391,000 369,354,000 334,967,000 304,901,000 258,963,000 234,832,000 274,916,000 266,923,000 256,184,000 254,860,000 237,659,000 263,566,000 228,200,000 208,015,000 214,396,000 209,893,000 300,933,000 82,247,000 299,426,000 461,413,000 
      noncurrent assets
    		                                  
      property, plant and equipment, net of accumulated depreciation
    		2,820,689,000 2,754,068,000 2,709,311,000 2,692,460,000 2,604,869,000 2,538,841,000 2,459,189,000 2,418,375,000 2,387,260,000 2,316,246,000 2,289,491,000 2,212,717,000 2,186,643,000 2,149,919,000 2,128,344,000 2,124,605,000 2,083,223,000 2,073,009,000 2,060,792,000 2,049,273,000               
      intangible assets, net of accumulated amortization
    		4,917,000 5,192,000 5,467,000 5,743,000 6,018,000 6,293,000 6,568,000 6,843,000 7,118,000 7,393,000 7,668,000 7,943,000 8,218,000 8,493,000 8,768,000 9,044,000 9,319,000 9,594,000 9,869,000 10,144,000               
      goodwill
    		37,572,000 37,572,000 37,572,000 37,572,000 37,572,000 37,572,000 37,572,000 37,572,000 37,572,000 37,572,000 37,572,000 37,572,000 37,572,000 37,572,000 37,572,000 37,572,000 37,572,000 37,572,000 37,572,000 37,572,000 37,572,000 37,572,000 37,572,000 37,572,000 37,572,000 37,572,000 37,572,000 37,572,000 37,572,000 39,732,000 38,971,000  39,119,000 69,742,000 
      other noncurrent assets
    		67,804,000 66,747,000 68,633,000 66,416,000 51,009,000 51,282,000 51,968,000 51,377,000 49,956,000 52,653,000 43,077,000 41,177,000 35,419,000 32,618,000 32,360,000 32,057,000 34,096,000 30,684,000 29,342,000 26,282,000               
      total noncurrent assets
    		3,106,580,000 3,090,878,000 3,045,520,000 3,022,041,000 2,916,426,000 2,846,655,000 2,718,089,000 2,672,398,000 2,630,719,000 2,569,874,000 2,533,045,000 2,448,909,000 2,437,411,000 2,404,111,000 2,389,350,000 2,385,476,000 2,378,181,000 2,366,686,000 2,359,577,000 2,343,522,000               
      total assets
    		3,843,823,000 3,765,288,000 3,696,794,000 3,652,082,000 3,566,739,000 3,460,783,000 3,326,032,000 3,242,568,000 3,187,469,000 3,093,986,000 2,987,410,000 2,901,661,000 2,897,904,000 2,875,500,000 2,791,741,000 2,754,830,000 2,713,148,000 2,671,587,000 2,618,540,000 2,578,354,000 2,534,507,000 2,389,239,000 2,306,002,000 2,273,595,000 2,180,191,000 2,114,944,000 1,966,897,000 1,912,385,000 1,861,903,000 1,833,357,000 1,581,744,000 909,251,000 1,569,926,000 1,796,981,000 
      liabilities and shareholders' equity
    		                                  
      current liabilities
    		                                  
      short-term debt
    		  58,853,000 69,615,000 67,401,000 12,809,000  81,422,000 51,495,000 50,197,000 60,854,000 8,204,000   97,770,000 91,163,000 97,857,000 127,957,000 134,851,000 80,997,000  41,239,000  6,000,000   103,637,000  49,274,000     116,976,000 
      accounts payable
    		95,441,000 98,234,000 80,763,000 113,574,000 88,885,000 126,926,000 92,170,000 94,428,000 103,118,000 104,661,000 93,543,000 104,400,000 121,995,000 133,287,000 119,022,000 135,089,000 135,437,000 131,214,000 113,073,000 130,805,000  133,967,000  120,775,000   96,217,000  86,210,000     109,834,000 
      accrued salaries and wages
    		32,197,000 25,039,000 23,502,000 34,398,000 31,320,000 25,972,000 21,922,000 38,134,000 32,227,000 26,029,000 20,149,000 32,327,000 27,454,000 24,803,000 19,846,000 31,704,000 28,455,000 23,775,000 17,635,000 26,908,000  16,891,000  22,730,000   17,596,000  14,774,000     16,379,000 
      accrued taxes
    		21,267,000 16,465,000 19,804,000 17,314,000 29,150,000 20,608,000 26,486,000 26,590,000 50,495,000 31,900,000 23,415,000 19,340,000 25,635,000 22,037,000 21,879,000 19,245,000 17,972,000 14,531,000 19,437,000 18,831,000  12,193,000  17,525,000   13,277,000  10,562,000     11,642,000 
      regulatory liabilities
    		21,753,000 24,580,000 27,028,000 29,307,000 43,685,000 45,183,000 33,513,000 25,408,000 32,285,000 41,743,000 20,526,000 17,300,000 21,114,000 19,458,000 27,211,000 24,844,000 25,323,000 17,301,000 12,517,000 16,663,000  13,023,000  7,480,000   84,281,000  77,915,000     67,162,000 
      other current liabilities
    		35,702,000 39,162,000 38,470,000 45,582,000 39,149,000 39,454,000 34,383,000 43,775,000 40,413,000 46,032,000 43,977,000 56,065,000 45,655,000 58,572,000 57,437,000 55,671,000 35,081,000 28,743,000 21,975,000 22,495,000               
      total current liabilities
    		206,360,000 203,480,000 248,420,000 309,790,000 299,590,000 270,952,000 208,474,000 309,757,000 310,033,000 300,562,000 262,464,000 237,636,000 241,853,000 288,153,000 373,155,000 387,699,000 510,087,000 483,484,000 459,429,000 436,786,000  232,923,000  189,741,000   246,176,000  233,136,000   242,869,000  305,250,000 
      noncurrent liabilities
    		                                  
      pension benefit liability
    		32,001,000 32,204,000 32,406,000 32,614,000 32,388,000 32,781,000 32,945,000 33,101,000 33,083,000 33,198,000 33,185,000  50,489,000 51,783,000 53,153,000                    
      other postretirement benefits liability
    		26,502,000 26,494,000 26,957,000 27,385,000 28,074,000 27,759,000 27,501,000 27,676,000 26,101,000 47,364,000 47,469,000 46,977,000 67,352,000 66,665,000 66,383,000 66,481,000 68,090,000 67,538,000 67,255,000 67,359,000  71,845,000  71,437,000   63,215,000  49,659,000     42,991,000 
      deferred income taxes
    		288,013,000 278,091,000 271,605,000 267,745,000 251,105,000 249,489,000 246,560,000 237,273,000 234,787,000 231,910,000 230,393,000 221,302,000 212,838,000 213,919,000 203,877,000 188,268,000 176,502,000 167,612,000 160,529,000 153,376,000  141,538,000  131,941,000   242,568,000  217,523,000  19,306,000 18,042,000 12,325,000 12,206,000 
      deferred tax credits
    		14,513,000 14,705,000 14,798,000 14,990,000 14,613,000 14,799,000 14,985,000 15,172,000 15,358,000 15,544,000 15,730,000 15,916,000 16,102,000 16,288,000 16,475,000 16,661,000 16,847,000 17,033,000 17,219,000 17,405,000  17,969,000  18,626,000   21,747,000  23,678,000     44,199,000 
      other noncurrent liabilities
    		105,330,000 102,932,000 101,056,000 98,397,000 80,978,000 80,691,000 77,511,000 75,977,000 65,371,000 67,093,000 65,439,000 60,985,000 60,942,000 62,994,000 63,497,000 62,527,000 62,342,000 62,160,000 63,577,000 60,002,000  34,647,000  30,833,000   22,921,000  24,980,000   27,363,000  21,182,000 
      total noncurrent liabilities
    		762,575,000 743,972,000 737,500,000  690,155,000 680,587,000 676,558,000  650,509,000 641,044,000 637,287,000  648,268,000 647,105,000 637,374,000                    
      commitments and contingencies
    		                                  
      capitalization
    		                                  
      long-term debt
    		1,043,437,000 1,043,374,000 993,513,000 943,734,000 943,663,000 943,592,000 943,536,000 824,059,000 823,998,000 823,941,000 823,882,000                        
      shareholders' equity
    		                                  
      common shares: 50,000,000 shares authorized, 5 par value; 41,905,520 and 41,827,967outstanding at september 30, 2025 and december 31, 2024
    		209,528,000                                  
      additional paid-in capital
    		433,368,000 432,664,000 431,423,000 429,089,000 427,751,000 427,264,000 426,358,000 426,963,000 426,358,000 425,867,000 424,948,000 423,034,000 422,448,000 421,951,000 421,449,000 419,760,000 418,568,000 417,870,000 416,708,000 414,246,000               
      retained earnings
    		1,187,813,000 1,131,542,000 1,075,834,000 1,029,738,000 994,461,000 928,553,000 861,127,000 806,342,000 766,844,000 693,138,000 629,437,000 585,212,000 560,398,000 493,351,000 424,605,000 369,783,000 334,385,000 297,850,000 271,999,000 257,878,000  233,705,000  222,341,000   155,618,000  132,401,000     193,244,000 
      accumulated other comprehensive income
    		742,000 734,000 734,000 532,000 1,979,000 763,000 1,061,000 1,148,000 1,174,000 881,000 969,000 915,000                      1,052,000 
      total shareholders' equity
    		1,831,451,000 1,774,462,000 1,717,361,000 1,668,499,000 1,633,331,000 1,565,652,000 1,497,464,000 1,443,006,000 1,402,929,000 1,328,439,000 1,263,777,000 1,217,317,000 1,184,023,000 1,116,543,000 1,047,138,000 990,777,000 952,482,000 915,123,000 887,867,000 870,966,000               
      total capitalization
    		2,874,888,000 2,817,836,000 2,710,874,000 2,612,233,000 2,576,994,000 2,509,244,000 2,441,000,000 2,267,065,000 2,226,927,000 2,152,380,000 2,087,659,000 2,041,138,000 2,007,783,000 1,940,242,000 1,781,212,000 1,724,791,000 1,547,101,000 1,539,663,000 1,512,352,000 1,495,398,000  1,546,444,000  1,471,063,000   1,182,925,000  1,129,912,000   639,019,000  1,077,904,000 
      total liabilities and shareholders' equity
    		3,843,823,000 3,765,288,000 3,696,794,000 3,652,082,000 3,566,739,000 3,460,783,000 3,326,032,000 3,242,568,000 3,187,469,000 3,093,986,000 2,987,410,000 2,901,661,000 2,897,904,000 2,875,500,000 2,791,741,000 2,754,830,000 2,713,148,000 2,671,587,000 2,618,540,000 2,578,354,000               
      common shares: 50,000,000 shares authorized, 5 par value; 41,904,370 and 41,827,967outstanding at june 30, 2025 and december 31, 2024
    		 209,522,000                                 
      common shares: 50,000,000 shares authorized, 5 par value; 41,873,995 and 41,827,967outstanding at march 31, 2025 and december 31, 2024
    		  209,370,000                                
      noncurrent liabilities and deferred credits
    		                                  
      total noncurrent liabilities and deferred credits
    		   730,059,000    665,746,000    622,887,000    642,340,000 655,960,000 648,440,000 646,759,000 646,170,000               
      common stock: 50,000,000 shares authorized of 5 par value; 41,827,967 and 41,710,521 outstanding at december 31, 2024 and 2023
    		   209,140,000                               
      common shares: 50,000,000 shares authorized, 5 par value; 41,827,967 and 41,710,521outstanding at september 30, 2024 and december 31, 2023
    		    209,140,000                              
      common shares: 50,000,000 shares authorized, 5 par value; 41,814,425 and 41,710,521outstanding at june 30, 2024 and december 31, 2023
    		     209,072,000                             
      common shares: 50,000,000 shares authorized, 5 par value; 41,783,750 and 41,710,521outstanding at march 31, 2024 and december 31, 2023
    		      208,918,000                            
      common stock: 50,000,000 shares authorized of 5 par value; 41,710,521 and 41,631,113 outstanding at december 31, 2023 and 2022
    		       208,553,000                           
      common shares: 50,000,000 shares authorized, 5 par value; 41,710,521 and 41,631,113 outstanding at september 30, 2023 and december 31, 2022
    		        208,553,000                          
      common shares: 50,000,000 shares authorized, 5 par value; 41,710,521 and 41,631,113 outstanding at june 30, 2023 and december 31, 2022
    		         208,553,000                         
      common shares: 50,000,000 shares authorized, 5 par value; 41,684,526 and 41,631,113 outstanding at march 31, 2023 and december 31, 2022
    		          208,423,000                        
      current maturities of long-term debt
    		             29,996,000 29,990,000 29,983,000 169,962,000 139,963,000 139,941,000 140,087,000  261,000  183,000   197,000  52,497,000     683,000 
      pensions benefit liability
    		           33,210,000    73,973,000 101,446,000 102,331,000 103,193,000 114,055,000  86,657,000  98,970,000   98,632,000  95,520,000     74,506,000 
      long-term debt, net of current maturities
    		           823,821,000 823,760,000 823,699,000 734,074,000 734,014,000 594,619,000 624,540,000 624,485,000 624,432,000            101,545,000  436,064,000 
      common stock: 50,000,000 shares authorized of 5 par value; 41,631,113 and 41,551,524 outstanding at december 31, 2022 and 2021
    		           208,156,000                       
      common shares: 50,000,000 shares authorized, 5 par value; 41,630,952 and 41,551,524 outstanding at september 30, 2022 and december 31, 2021
    		            208,155,000                      
      accumulated other comprehensive loss
    		            -6,978,000 -6,913,000 -6,945,000 -6,524,000 -8,171,000 -8,291,000 -8,392,000 -8,507,000  -6,035,000  -6,437,000   -3,459,000  -3,648,000      
      common shares: 50,000,000 shares authorized, 5 par value; 41,630,799 and 41,551,524 outstanding at june 30, 2022 and december 31, 2021
    		             208,154,000                     
      common shares: 50,000,000 shares authorized, 5 par value; 41,605,884 and 41,551,524 outstanding at march 31, 2022 and december 31, 2021
    		              208,029,000                    
      common stock: 50,000,000 shares authorized of 5 par value; 41,551,524 and 41,469,879 outstanding at december 31, 2021 and 2020
    		               207,758,000                   
      common shares: 50,000,000 shares authorized of 5 par value; 41,539,984 and 41,469,879 outstanding at september 30, 2021 and december 31, 2020
    		                207,700,000                  
      common shares: 50,000,000 shares authorized of 5 par value; 41,538,709 and 41,469,879 outstanding at june 30, 2021 and december 31, 2020
    		                 207,694,000                 
      common shares: 50,000,000 share authorized of 5 par value; 41,510,455 and 41,469,879 outstanding at march 31, 2021 and december 31, 2020
    		                  207,552,000                
      common shares: 50,000,000 share authorized of 5 par value; 41,469,879 and 40,157,591 outstanding at december 31, 2020 and 2019
    		                   207,349,000               
      accounts receivable:
    		                                  
      trade—net
    		                    100,423,000 84,197,000 96,158,000  92,189,000 105,407,000 87,510,000  78,677,000 73,521,000 102,259,000  133,674,000 152,509,000 
      other
    		                    6,322,000 6,452,000 7,228,000 8,773,000 8,884,000 9,956,000 7,704,000 5,850,000 7,144,000 7,104,000 10,018,000 16,384,000 5,488,000 15,935,000 
      unbilled receivables
    		                    16,409,000 19,019,000 19,057,000 20,911,000 19,020,000 18,349,000         
      income taxes receivable
    		                       1,487,000    662,000      4,307,000 
      other assets
    		                    42,316,000 40,138,000 38,252,000 40,196,000 38,996,000 39,002,000 34,992,000 34,104,000 33,605,000 33,014,000 26,783,000 24,584,000 26,628,000 28,233,000 
      other intangibles—net
    		                    10,419,000 10,703,000 10,993,000  11,562,000 11,858,000 14,097,000  15,639,000 15,266,000 14,060,000  14,549,000 16,056,000 
      right of use assets - operating leases
    		                    19,713,000 20,571,000 21,433,000  21,953,000 19,473,000         
      plant
    		                                  
      electric plant in service
    		                    2,221,785,000 2,211,082,000 2,211,880,000 2,212,884,000 2,189,732,000 2,170,259,000 1,953,375,000 1,860,357,000 1,834,157,000 1,824,137,000 1,429,549,000  1,409,729,000 1,333,125,000 
      nonelectric operations
    		                    256,480,000 252,933,000 251,804,000 247,356,000 238,542,000 234,245,000 214,159,000 211,826,000 218,007,000 207,757,000 187,646,000  219,537,000 355,842,000 
      construction work in progress
    		                    454,128,000 321,621,000 234,025,000 185,238,000 141,839,000 73,069,000 138,900,000 153,261,000 116,848,000 98,995,000 88,848,000  71,017,000 51,808,000 
      total gross plant
    		                    2,932,393,000 2,785,636,000 2,697,709,000 2,645,478,000 2,570,113,000 2,477,573,000 2,306,434,000 2,225,444,000 2,169,012,000 2,130,889,000 1,706,043,000  1,700,283,000 1,740,775,000 
      less accumulated depreciation and amortization
    		                    939,590,000 923,948,000 908,337,000 891,684,000 877,958,000 875,475,000 785,667,000 748,219,000 740,440,000 728,781,000 648,150,000  642,402,000 653,173,000 
      net plant
    		                    1,992,803,000 1,861,688,000 1,789,372,000 1,753,794,000 1,692,155,000 1,602,098,000 1,520,767,000 1,477,225,000 1,428,572,000 1,402,108,000 1,057,893,000  1,057,881,000 1,087,602,000 
      see accompanying condensed notes to consolidated financial statements.
    		                                  
      liabilities and equity
    		                                  
      current operating lease liabilities
    		                     4,543,000  4,136,000           
      other accrued liabilities
    		                     10,806,000  10,912,000   14,400,000  17,951,000     11,142,000 
      long-term operating lease liabilities
    		                     16,584,000  18,193,000           
      deferred credits
    		                                  
      total deferred credits
    		                     400,139,000  393,358,000   353,028,000  328,696,000     275,148,000 
      long-term debt—net
    		                     724,389,000  689,581,000   490,406,000  493,804,000      
      cumulative preferred shares – authorized 1,500,000 shares without par value; outstanding – none
    		                                  
      cumulative preference shares – authorized 1,000,000 shares without par value; outstanding – none
    		                                  
      common shares, par value 5 per share—authorized, 50,000,000 shares; outstanding, 2020—40,848,828 shares; 2019—40,157,591 shares
    		                     204,244,000             
      premium on common shares
    		                     390,141,000  364,790,000   342,573,000  313,839,000     251,505,000 
      total common equity
    		                     822,055,000  781,482,000   692,519,000  636,108,000     625,815,000 
      total liabilities and equity
    		                     2,389,239,000  2,273,595,000   1,966,897,000  1,861,903,000   909,251,000  1,796,981,000 
      otter tail corporation
    		                                  
      consolidated balance sheets
    		                                  
      trade
    		                       77,947,000    68,242,000       
      other intangibles–net
    		                       11,290,000    14,958,000       
      right of use asset – operating leases
    		                       21,851,000           
      consolidated balance sheets, december 31
    		                                  
      common shares, par value 5 per share–authorized, 50,000,000 shares; outstanding, 2019—40,157,591 shares; 2018—39,664,884 shares
    		                       200,788,000           
      unbilled revenues
    		                          14,948,000 20,080,000 15,909,000 16,476,000 14,836,000    
      liabilities of discontinued operations
    		                          852,000  1,868,000     18,961,000 
      cumulative preferred shares– authorized 1,500,000 shares without par value; outstanding – none
    		                                  
      common shares, par value 5 per share—authorized, 50,000,000 shares; outstanding, 2017—39,557,491 shares; 2016—39,348,136 shares
    		                          197,787,000        
      60
    		                                  
      cumulative preference shares – authorized 1,000,000 shares without par value; outstanding - none
    		                                  
      common shares, par value 5 per share—authorized, 50,000,000 shares;
    		                                  
      outstanding, 2016—38,703,277 shares; 2015—37,857,186 shares
    		                            193,516,000      
      2
    		                                  
      costs and estimated earnings in excess of billings
    		                              3,588,000  23,900,000 66,269,000 
      assets of discontinued operations
    		                              4,585,000  730,000 90,267,000 
      deferred debits
    		                                  
      unamortized debt expense
    		                              4,638,000  4,866,000 6,656,000 
      total deferred debits
    		                              133,687,000  122,403,000 124,141,000 
      accounts receivable from subsidiaries
    		                               3,587,000   
      interest receivable from subsidiaries
    		                               317,000   
      notes receivable from subsidiaries
    		                               17,157,000   
      investments in subsidiaries
    		                               716,453,000   
      accounts payable to subsidiaries
    		                               5,035,000   
      notes payable to subsidiaries
    		                               231,611,000   
      cumulative preferred shares
    		                               15,500,000   
      common shareholder equity
    		                               521,974,000   
      see accompanying notes to condensed financial statements.
    		                                  
      accrued utility revenues
    		                                11,029,000  
      see accompanying notes to consolidated financial statements.
    		                                  
      accrued utility and cost-of-energy revenues
    		                                 13,090,000 
      derivative liabilities
    		                                 19,633,000 
      commitments
    		                                  
      class b stock
    		                                 525,000 
      cumulative preferred shares authorized 1,500,000 shares without par value; outstanding 2011 and 2010 – 155,000 shares
    		                                 15,500,000 
      outstanding, 2011—36,002,739 shares; 2010—36,002,739 shares
    		                                 180,014,000 
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.