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Selected Quarterly Financial Data (Unaudited) (Tables) | 12 Months Ended
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Dec. 31, 2020
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, 2020
(in thousands, except per share amounts) |  | First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter |  | Year
Operating revenues |  | $ | 109,077 |  |  | $ | 121,278 |  |  | $ | 133,688 |  |  | $ | 124,200 |  |  | $ | 488,243 |
Operating income |  | 25,699 |  |  | 35,716 |  |  | 39,807 |  |  | 29,277 |  |  | 130,499 |
Net income |  | 14,072 |  |  | 25,612 |  |  | 26,530 |  |  | 20,211 |  |  | 86,425 |
Basic earnings per share |  | 0.38 |  |  | 0.69 |  |  | 0.72 |  |  | 0.55 |  |  | 2.34 |
Diluted earnings per share |  | 0.38 |  |  | 0.69 |  |  | 0.72 |  |  | 0.54 |  |  | 2.33 |
|  | GSWC
|  | For The Year Ended December 31, 2020
(in thousands) |  | First Quarter |  | Second Quarter |  | Third Quarter (1) |  | Fourth Quarter (1) |  | Year (1)
Operating revenues |  | $ | 82,392 |  |  | $ | 94,753 |  |  | $ | 98,701 |  |  | $ | 73,438 |  |  | $ | 349,284 |
Operating income |  | 22,092 |  |  | 30,175 |  |  | 33,149 |  |  | 17,480 |  |  | 102,896 |
Net income |  | 11,202 |  |  | 20,919 |  |  | 21,143 |  |  | 11,707 |  |  | 64,971 |
|  | AWR
|  | For The Year Ended December 31, 2019
(in thousands, except per share amounts) |  | First Quarter |  | Second Quarter (2) |  | Third Quarter (3) |  | Fourth Quarter |  | Year
Operating revenues |  | $ | 101,733 |  |  | $ | 124,647 |  |  | $ | 134,496 |  |  | $ | 112,993 |  |  | $ | 473,869 |
Operating income |  | 20,195 |  |  | 39,430 |  |  | 42,724 |  |  | 24,724 |  |  | 127,073 |
Net income |  | 12,852 |  |  | 26,784 |  |  | 28,006 |  |  | 16,700 |  |  | 84,342 |
Basic earnings per share |  | 0.35 |  |  | 0.72 |  |  | 0.76 |  |  | 0.45 |  |  | 2.28 |
Diluted earnings per share |  | 0.35 |  |  | 0.72 |  |  | 0.76 |  |  | 0.45 |  |  | 2.28 |
|  | GSWC
|  | For The Year Ended December 31, 2019
(in thousands) |  | First Quarter |  | Second Quarter (2) |  | Third Quarter (3) |  | Fourth Quarter |  | Year
Operating revenues |  | $ | 75,352 |  |  | $ | 95,548 |  |  | $ | 107,245 |  |  | $ | 81,233 |  |  | $ | 359,378 |
Operating income |  | 15,327 |  |  | 34,037 |  |  | 36,982 |  |  | 18,746 |  |  | 105,092 |
Net income |  | 9,022 |  |  | 22,298 |  |  | 23,362 |  |  | 11,981 |  |  | 66,663 |
(1) As a result of GSWC's transfer of electric net assets to BVESI, from July 1, 2020 onward, operating results of the electric segment are no longer included in GSWC's financial statements, but continue to be included in AWR's consolidated financial statements. GSWC's operating revenues, operating income and net income for 2020 includes the electric segment's results through June 30, 2020. (2) The second quarter of 2019 includes approximately $4.0 million of operating income related to the first quarter of 2019 as a result of the final CPUC decision on the water general rate case, which was received in May 2019 and was retroactive to January 1, 2019. (3) The third quarter of 2019 includes the retroactive impact of the final decision on the electric general rate case approved by the CPUC in August 2019, which was retroactive to January 1, 2018. Included in the third quarter of 2019 results are approximately $1.4 million of pretax income related to the first two quarters of 2019 and approximately $2.3 million of pretax income related to 2018.

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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/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121640914&loc=d3e1280-108306 + Details
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