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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Operating Revenues      
Water $ 328,511 $ 326,672 $ 320,131
Electric 36,039 34,387 38,409
Contracted services 94,091 104,732 113,537
Total operating revenues 458,641 465,791 472,077
Operating Expenses      
Water purchased 62,726 57,790 58,930
Power purchased for pumping 8,988 10,700 9,518
Groundwater production assessment 13,648 16,450 15,541
Power purchased for resale 10,395 9,649 13,392
Supply cost balancing accounts 7,785 6,346 214
Other operation 28,429 28,288 27,767
Administrative and general 79,817 78,268 77,289
Depreciation and amortization [1] 42,033 41,073 40,090
Maintenance 16,885 16,092 17,772
Property and other taxes 16,636 16,722 15,865
Construction and Development Costs 52,810 65,368 76,627
Total operating expenses 340,152 346,746 353,005
Operating Income 118,489 119,045 119,072
Other Income and Expenses      
Interest expense (21,088) (21,617) (22,415)
Interest income 458 927 707
Other, net 356 751 1,105
Total other income and expenses (20,274) (19,939) (20,603)
Income from operations before income tax expense 98,215 99,106 98,469
Income tax expense 37,731 38,048 35,783
Net Income $ 60,484 $ 61,058 $ 62,686
Basic Earnings Per Common Share      
Income from continuing operations (in dollars per share) $ 1.61 $ 1.57 $ 1.61
Net Income (in dollars per share) 1.61 1.57 1.61
Fully Diluted Earnings Per Share      
Income from continuing operations (in dollars per share) 1.60 1.57 1.61
Net Income (in dollars per share) $ 1.60 $ 1.57 $ 1.61
Weighted Average Number of Shares Outstanding (in shares) 37,389 38,658 38,639
Weighted Average Number of Diluted Shares (in shares) 37,614 38,880 38,869
Dividends Declared Per Common Share (in dollars per share) $ 0.874 $ 0.831 $ 0.760
GSWC      
Operating Revenues      
Water $ 328,511 $ 326,672 $ 320,131
Electric 36,039 34,387 38,409
Total operating revenues 364,550 361,059 358,540
Operating Expenses      
Water purchased 62,726 57,790 58,930
Power purchased for pumping 8,988 10,700 9,518
Groundwater production assessment 13,648 16,450 15,541
Power purchased for resale 10,395 9,649 13,392
Supply cost balancing accounts 7,785 6,346 214
Other operation 24,892 25,548 25,110
Administrative and general 64,877 65,814 64,645
Depreciation and amortization 40,893 39,854 38,952
Maintenance 14,693 13,945 15,823
Property and other taxes 15,244 15,221 14,072
Total operating expenses 264,141 261,317 256,197
Operating Income 100,409 99,742 102,343
Other Income and Expenses      
Interest expense (20,998) (21,524) (22,287)
Interest income 440 894 615
Other, net 212 751 1,105
Total other income and expenses (20,346) (19,879) (20,567)
Income from operations before income tax expense 80,063 79,863 81,776
Income tax expense 32,472 32,006 33,134
Net Income $ 47,591 $ 47,857 $ 48,642
[1] Depreciation computed on GSWC’s transportation equipment is recorded in other operating expenses and totaled $641,000, $678,000 and $877,000 for the years ended December 31, 2015, 2014 and 2013, respectively.