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Quarterly Financial Data (Unaudited) (Tables) | 12 Months Ended
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Dec. 31, 2017
Quarterly Financial Data [Abstract] |
Quarterly Financial Information | Registrant's business is seasonal, and it is management’s opinion that comparisons of earnings for the quarterly periods do not reflect overall trends and changes in Registrant’s operations.
|  | AWR
|  | For The Year Ended December 31, 2017
(in thousands, except per share amounts) |  | First Quarter |  | Second Quarter (1) |  | Third Quarter |  | Fourth Quarter (2) |  | Year
Operating revenues |  | $ | 98,810 |  |  | $ | 113,195 |  |  | $ | 124,418 |  |  | $ | 104,180 |  |  | $ | 440,603 |
Operating income |  | 24,738 |  |  | 41,816 |  |  | 38,567 |  |  | 21,955 |  |  | 127,076 |
Net income |  | 12,701 |  |  | 22,792 |  |  | 21,006 |  |  | 12,868 |  |  | 69,367 |
Basic earnings per share* |  | 0.35 |  |  | 0.62 |  |  | 0.57 |  |  | 0.35 |  |  | 1.88 |
Diluted earnings per share |  | 0.34 |  |  | 0.62 |  |  | 0.57 |  |  | 0.35 |  |  | 1.88 |
|  | GSWC
|  | For The Year Ended December 31, 2017
(in thousands) |  | First Quarter |  | Second Quarter (1) |  | Third Quarter |  | Fourth Quarter (2) |  | Year
Operating revenues |  | $ | 76,906 |  |  | $ | 88,346 |  |  | $ | 99,913 |  |  | $ | 75,136 |  |  | $ | 340,301 |
Operating income |  | 22,077 |  |  | 35,079 |  |  | 33,068 |  |  | 15,824 |  |  | 106,048 |
Net income |  | 10,749 |  |  | 18,363 |  |  | 17,336 |  |  | 7,309 |  |  | 53,757 |
|  | AWR
|  | For The Year Ended December 31, 2016
(in thousands, except per share amounts) |  | First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter (3) |  | Year
Operating revenues |  | $ | 93,527 |  |  | $ | 111,954 |  |  | $ | 123,806 |  |  | $ | 106,800 |  |  | $ | 436,087 |
Operating income |  | 21,233 |  |  | 31,774 |  |  | 39,617 |  |  | 22,092 |  |  | 114,716 |
Net income |  | 10,150 |  |  | 16,742 |  |  | 21,639 |  |  | 11,212 |  |  | 59,743 |
Basic earnings per share |  | 0.28 |  |  | 0.46 |  |  | 0.59 |  |  | 0.30 |  |  | 1.63 |
Diluted earnings per share |  | 0.28 |  |  | 0.45 |  |  | 0.59 |  |  | 0.30 |  |  | 1.62 |
|  | GSWC
|  | For The Year Ended December 31, 2016
(in thousands) |  | First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter (3) |  | Year
Operating revenues |  | $ | 76,885 |  |  | $ | 88,759 |  |  | $ | 98,763 |  |  | $ | 74,295 |  |  | $ | 338,702 |
Operating income |  | 19,643 |  |  | 27,557 |  |  | 34,142 |  |  | 14,477 |  |  | 95,819 |
Net income |  | 8,984 |  |  | 13,670 |  |  | 17,883 |  |  | 6,432 |  |  | 46,969 |
* The sum of the quarterly 2017 basic earnings per share amounts do not agree to the yearly total due to rounding.
(1) | The second quarter of 2017 includes (i) an $8.3 million pretax gain related to the sale of GSWC's Ojai water system, and (ii) retroactive operating revenues at ASUS totaling $1.0 million related to periods prior to 2017 as a result of the U.S. government's approval of ASUS's economic price adjustment for one of its utility privatization contracts.
(2) | The fourth quarter of 2017 includes the remeasurement of deferred taxes as a result of the Tax Cuts and Jobs Act. In addition, a $1.8 million reduction to GSWC's operating expenses was recorded representing cash received for reimbursement of legal and other defense costs incurred related to condemnation matters.
(3) | The fourth quarter of 2016 includes (i) a $5.2 million retroactive downward adjustment to GSWC's water gross margin related to the first nine months of 2016 as a result of the CPUC’s delayed decision issued in GSWC’s water general rate case in December 2016, which was retroactive to January 1, 2016, and (ii) retroactive operating revenues at ASUS totaling $1.7 million related to the period ended September 30, 2016 as a result of the U.S. government’s concurrence with ASUS’s price redetermination for one of its utility privatization contracts.

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- Definition Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, 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=84173487&loc=d3e1280-108306 + Details
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