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Business Segments | 9 Months Ended
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Sep. 30, 2021
Segment Reporting [Abstract] |
Business Segments | Business Segments AWR has three reportable segments: water, electric and contracted services. Prior to July 1, 2020, GSWC had two segments, water and electric. On July 1, 2020, GSWC completed the transfer of the electric utility assets and liabilities from its electric division to BVESI, a separate legal entity and now a wholly owned subsidiary of AWR (Note 11). On a stand-alone basis, AWR has no material assets or liabilities other than its equity investments in its subsidiaries, note payables to its subsidiaries and deferred taxes. All activities of GSWC and BVESI are geographically located within California. Activities of ASUS and its subsidiaries are conducted in California, Florida, Georgia, Kansas, Maryland, New Mexico, North Carolina, South Carolina, Texas and Virginia. Each of ASUS’s wholly owned subsidiaries is regulated, if applicable, by the state in which the subsidiary primarily conducts water and/or wastewater operations. Fees charged for operations and maintenance and renewal and replacement services are based upon the terms of the contracts with the U.S. government, which have been filed, as appropriate, with the commissions in the states in which ASUS’s subsidiaries are incorporated. The tables below set forth information relating to AWR’s operating segments and AWR Parent. The utility plant amounts are net of respective accumulated provisions for depreciation. Capital additions reflect capital expenditures paid in cash, excluding U.S. government- and third-party contractor-funded capital expenditures for ASUS, and property installed by developers and conveyed to GSWC or BVESI.
|  | As Of And For The Three Months Ended September 30, 2021
|  |  |  | Contracted |  | AWR |  | Consolidated
(dollars in thousands) |  | Water |  | Electric |  | Services |  | Parent |  | AWR
Operating revenues |  | $ | 102,768 |  |  | $ | 8,564 |  |  | $ | 25,423 |  |  | $ | — |  |  | $ | 136,755 |
Operating income (loss) |  | 35,459 |  |  | 2,053 |  |  | 5,273 |  |  | (1) |  |  | 42,784 |
Interest expense, net |  | 5,098 |  |  | 101 |  |  | (141) |  |  | 162 |  |  | 5,220 |
Net property, plant and equipment |  | 1,471,740 |  |  | 101,952 |  |  | 20,854 |  |  | — |  |  | 1,594,546 |
Depreciation and amortization expense (1) |  | 8,272 |  |  | 644 |  |  | 910 |  |  | — |  |  | 9,826 |
Income tax expense |  | 7,993 |  |  | 537 |  |  | 1,265 |  |  | 83 |  |  | 9,878 |
Capital additions |  | 26,490 |  |  | 3,941 |  |  | 143 |  |  | — |  |  | 30,574 |
|  | As Of And For The Three Months Ended September 30, 2020
|  |  |  | Contracted |  | AWR |  | Consolidated
(dollars in thousands) |  | Water |  | Electric |  | Services |  | Parent |  | AWR
Operating revenues |  | $ | 98,701 |  |  | $ | 8,288 |  |  | $ | 26,699 |  |  | $ | — |  |  | $ | 133,688 |
Operating income (loss) |  | 33,149 |  |  | 1,865 |  |  | 4,794 |  |  | (1) |  |  | 39,807 |
Interest expense, net |  | 5,806 |  |  | 54 |  |  | (74) |  |  | 59 |  |  | 5,845 |
Net property, plant and equipment |  | 1,373,323 |  |  | 83,188 |  |  | 22,599 |  |  | — |  |  | 1,479,110 |
Depreciation and amortization expense (1) |  | 7,835 |  |  | 626 |  |  | 887 |  |  | — |  |  | 9,348 |
Income tax expense (benefit) |  | 7,683 |  |  | 533 |  |  | 1,150 |  |  | (321) |  |  | 9,045 |
Capital additions |  | 28,076 |  |  | 3,039 |  |  | 1,122 |  |  | — |  |  | 32,237 |
|  | As Of And For The Nine Months Ended September 30, 2021
|  |  |  | Contracted |  | AWR |  | Consolidated
(dollars in thousands) |  | Water |  | Electric |  | Services |  | Parent |  | AWR
Operating revenues |  | $ | 269,430 |  |  | $ | 28,211 |  |  | $ | 84,588 |  |  | $ | — |  |  | $ | 382,229 |
Operating income (loss) |  | 87,295 |  |  | 7,296 |  |  | 16,375 |  |  | (6) |  |  | 110,960 |
Interest expense, net |  | 16,273 |  |  | 275 |  |  | (458) |  |  | 617 |  |  | 16,707 |
Net property, plant and equipment |  | 1,471,740 |  |  | 101,952 |  |  | 20,854 |  |  | — |  |  | 1,594,546 |
Depreciation and amortization expense (1) |  | 24,547 |  |  | 1,925 |  |  | 2,684 |  |  | — |  |  | 29,156 |
Income tax expense (benefit) |  | 17,718 |  |  | 1,879 |  |  | 3,927 |  |  | (270) |  |  | 23,254 |
Capital additions |  | 90,299 |  |  | 15,139 |  |  | 1,283 |  |  | — |  |  | 106,721 |
|  | As Of And For The Nine Months Ended September 30, 2020
|  |  |  | Contracted |  | AWR |  | Consolidated
(dollars in thousands) |  | Water |  | Electric |  | Services |  | Parent |  | AWR
Operating revenues |  | $ | 257,199 |  |  | $ | 26,935 |  |  | $ | 79,909 |  |  | $ | — |  |  | $ | 364,043 |
Operating income (loss) |  | 80,416 |  |  | 6,865 |  |  | 13,946 |  |  | (5) |  |  | 101,222 |
Interest expense, net |  | 15,796 |  |  | 519 |  |  | (371) |  |  | 225 |  |  | 16,169 |
Net property, plant and equipment |  | 1,373,323 |  |  | 83,188 |  |  | 22,599 |  |  | — |  |  | 1,479,110 |
Depreciation and amortization expense (1) |  | 22,858 |  |  | 1,841 |  |  | 2,491 |  |  | — |  |  | 27,190 |
Income tax expense (benefit) |  | 17,031 |  |  | 1,722 |  |  | 3,199 |  |  | (725) |  |  | 21,227 |
Capital additions |  | 78,611 |  |  | 12,093 |  |  | 4,120 |  |  | — |  |  | 94,824 |
(1) Depreciation computed on GSWC’s and BVESI's transportation equipment is recorded in other operating expenses and totaled $94,000 and $84,000 for the three months ended September 30, 2021 and 2020, respectively, and totaled $283,000 and $249,000 for the nine months ended September 30, 2021 and 2020, respectively. The following table reconciles total net property, plant and equipment (a key figure for ratemaking) to total consolidated assets (in thousands):
|  | September 30,
|  | 2021 |  | 2020
Total net property, plant and equipment |  | 1,594,546 |  |  | $ | 1,479,110 |
Other assets |  | 280,254 |  |  | 247,308 |
Total consolidated assets |  | $ | 1,874,800 |  |  | $ | 1,726,418 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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