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v3.22.4

Dividend Limitations (Details) $ in Thousands | 12 Months Ended |
--- | --- | ---
Dec. 31, 2022 USD ($) | Dec. 31, 2021 USD ($) | Dec. 31, 2020 USD ($) | Dec. 31, 2019 USD ($)
Dividend limitations |  |  |  |
Common shareholder’s equity | $ 709,549 | $ 685,947 | $ 641,673 | $ 601,530
Subsidiaries |  |  |  |
Dividend limitations |  |  |  |
Dividends paid | 56,400 | 38,300 | 47,300 |
GSWC |  |  |  |
Dividend limitations |  |  |  |
Dividends paid | 27,000 | 38,300 | 22,500 |
Common shareholder’s equity | $ 643,906 | 615,686 | 583,298 | 551,188
Ratio of Indebtedness to Net Capital | 0.4568 |  |  |
GSWC | Maximum |  |  |  |
Dividend limitations |  |  |  |
Ratio of Indebtedness to Net Capital | 0.6667 |  |  |
Earnings Reinvested in the Business |  |  |  |
Dividend limitations |  |  |  |
Common shareholder’s equity | $ 449,391 | 427,505 | 385,007 | 345,964
Earnings Reinvested in the Business | GSWC |  |  |  |
Dividend limitations |  |  |  |
Common shareholder’s equity | $ 285,783 | $ 259,156 | $ 228,392 | $ 257,434

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