XML 36 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
 3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Operating Revenues    
Water $ 70,757 $ 69,233
Electric 10,456 10,734
Contracted services 20,732 30,585
Total operating revenues 101,945 110,552
Operating Expenses    
Water purchased 11,224 10,732
Power purchased for pumping 1,964 1,639
Groundwater production assessment 3,540 3,187
Power purchased for resale 2,699 3,680
Supply cost balancing accounts 818 1,371
Other operation 6,947 5,454
Administrative and general 20,184 17,907
Depreciation and amortization 10,530 9,816
Maintenance 3,489 3,934
Property and other taxes 4,325 4,148
ASUS construction 13,457 20,733
Net gain on sale of property 0 (12)
Total operating expenses 79,177 82,589
Operating Income 22,768 27,963
Other Income and Expenses    
Interest expense (5,627) (5,778)
Interest income 112 187
Other, net 125 342
Total other income and expenses (5,390) (5,249)
Income from operations before income tax expense 17,378 22,714
Income tax expense 6,357 9,249
Net Income 11,021 13,465
Weighted Average Number of Common Shares Outstanding (in shares) 38,747 38,529
Basic Earnings Per Common Share (in dollars per share) $ 0.28 $ 0.35
Weighted Average Number of Diluted Shares (in shares) 38,944 38,772
Fully Diluted Earnings Per Common Share (in dollars per share) $ 0.28 $ 0.35
Dividends Paid Per Common Share (in dollars per share) $ 0.2025 $ 0.1775
GOLDEN STATE WATER COMPANY
    
Operating Revenues    
Water 70,757 69,233
Electric 10,456 10,734
Total operating revenues 81,213 79,967
Operating Expenses    
Water purchased 11,224 10,732
Power purchased for pumping 1,964 1,639
Groundwater production assessment 3,540 3,187
Power purchased for resale 2,699 3,680
Supply cost balancing accounts 818 1,371
Other operation 6,356 4,797
Administrative and general 16,985 14,234
Depreciation and amortization 10,240 9,522
Maintenance 3,061 3,493
Property and other taxes 3,896 3,716
Total operating expenses 60,783 56,371
Operating Income 20,430 23,596
Other Income and Expenses    
Interest expense (5,611) (5,748)
Interest income 109 178
Other, net 124 342
Total other income and expenses (5,378) (5,228)
Income from operations before income tax expense 15,052 18,368
Income tax expense 5,705 7,663
Net Income $ 9,347 $ 10,705