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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Operating Revenues        
Water $ 87,689 $ 91,919 $ 228,834 $ 239,057
Electric Revenue 7,875 7,994 25,548 26,108
Contracted services 28,618 24,505 71,429 71,258
Revenues 124,182 124,418 325,811 336,423
Operating Expenses        
Water purchased 21,842 20,576 52,057 50,619
Power purchased for pumping 3,217 2,913 7,141 6,667
Groundwater production assessment 5,961 5,870 15,146 14,176
Utilities Operating Expense, Purchased Power 2,647 2,439 8,439 7,847
Supply cost balancing accounts (5,212) (4,621) (11,110) (11,663)
Other operation 8,355 7,657 24,125 21,989
Administrative and general 21,570 21,823 62,076 62,519
Depreciation and amortization 10,118 9,854 29,794 29,184
Maintenance 3,422 3,222 10,921 10,292
Property and other taxes 4,692 4,475 13,863 13,386
ASUS construction 13,620 11,693 35,168 34,589
Gain on sale of assets (25) (17) (43) (8,318)
Total operating expenses 90,207 85,884 247,577 231,287
Operating Income 33,975 38,534 78,234 105,136
Other Income and Expenses        
Interest expense (5,948) (5,775) (17,919) (17,606)
Interest income 641 321 1,813 1,200
Other, net 1,223 434 1,844 1,439
Total other income and expenses (4,084) (5,020) (14,262) (14,967)
Income from operations before income tax expense 29,891 33,514 63,972 90,169
Income tax expense 6,939 12,508 13,890 33,670
Net Income $ 22,952 $ 21,006 $ 50,082 $ 56,499
Weighted Average Number of Shares Outstanding, Basic 36,737 36,659 36,728 36,625
Basic Earnings Per Common Share (in dollars per share) $ 0.62 $ 0.57 $ 1.36 $ 1.53
Weighted Average Number of Diluted Shares (in shares) 36,950 36,856 36,935 36,813
Fully Diluted Earnings Per Common Share (in dollars per share) $ 0.62 $ 0.57 $ 1.35 $ 1.53
Dividends Paid Per Common Share (in dollars per share) $ 0.275 $ 0.255 $ 0.785 $ 0.739
Golden State Water Company        
Operating Revenues        
Water $ 87,689 $ 91,919 $ 228,834 $ 239,057
Electric Revenue 7,875 7,994 25,548 26,108
Revenues 95,564 99,913 254,382 265,165
Operating Expenses        
Water purchased 21,842 20,576 52,057 50,619
Power purchased for pumping 3,217 2,913 7,141 6,667
Groundwater production assessment 5,961 5,870 15,146 14,176
Utilities Operating Expense, Purchased Power 2,647 2,439 8,439 7,847
Supply cost balancing accounts (5,212) (4,621) (11,110) (11,663)
Other operation 6,570 6,493 19,423 18,142
Administrative and general 16,367 16,929 46,693 48,285
Depreciation and amortization 9,623 9,509 28,387 28,341
Maintenance 2,709 2,692 9,034 8,662
Property and other taxes 4,300 4,144 12,690 12,316
Gain on sale of assets 0 (17) 0 (8,318)
Total operating expenses 68,024 66,927 187,900 175,074
Operating Income 27,540 32,986 66,482 90,091
Other Income and Expenses        
Interest expense (5,781) (5,638) (17,397) (17,170)
Interest income 451 318 1,288 1,175
Other, net 1,123 483 1,827 1,587
Total other income and expenses (4,207) (4,837) (14,282) (14,408)
Income from operations before income tax expense 23,333 28,149 52,200 75,683
Income tax expense 5,414 10,813 11,743 29,235
Net Income $ 17,919 $ 17,336 $ 40,457 $ 46,448