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Business Segments | 9 Months Ended
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Sep. 30, 2023
Segment Reporting [Abstract] |
Business Segments | Business Segments AWR has three reportable segments: water, electric and contracted services. GSWC has one segment, water. On a stand-alone basis, AWR has no material assets or liabilities other than its equity investments in its subsidiaries, note payables to bank, deferred taxes and intercompany note receivables. All GSWC and BVES business activities are conducted in California. Activities of ASUS and the Military Utility Privatization Subsidiaries are conducted in California, Florida, Kansas, Maryland, Massachusetts, New Mexico, North Carolina, South Carolina, Texas and Virginia. Some of ASUS’s wholly owned subsidiaries are regulated 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 balances are net of respective accumulated provisions for depreciation. Capital additions reflect capital expenditures paid in cash and exclude U.S. government-funded and third-party prime contractor funded capital expenditures for ASUS, and property installed by developers and conveyed to GSWC and BVES.
|  | As Of And For The Three Months Ended September 30, 2023
|  |  |  | Contracted |  | AWR |  | Consolidated
(dollars in thousands) |  | Water |  | Electric |  | Services |  | Parent |  | AWR
Operating revenues |  | $ | 116,231 |  |  | $ | 8,956 |  |  | $ | 26,509 |  |  | $ | — |  |  | $ | 151,696 |
Operating income (loss) |  | 43,243 |  |  | 2,049 |  |  | 6,204 |  |  | 255 |  |  | 51,751 |
Interest expense (income), net |  | 6,775 |  |  | 760 |  |  | 394 |  |  | 1,637 |  |  | 9,566 |
Net property, plant and equipment |  | 1,696,923 |  |  | 137,299 |  |  | 16,249 |  |  | — |  |  | 1,850,471 |
Depreciation and amortization expense (1) |  | 8,610 |  |  | 776 |  |  | 798 |  |  | — |  |  | 10,184 |
Income tax expense (benefit) |  | 8,830 |  |  | (154) |  |  | 1,430 |  |  | (559) |  |  | 9,547 |
Capital additions |  | 37,349 |  |  | 9,947 |  |  | 186 |  |  | — |  |  | 47,482 |
|  | As Of And For The Three Months Ended September 30, 2022
|  |  |  | Contracted |  | AWR |  | Consolidated
(dollars in thousands) |  | Water |  | Electric |  | Services |  | Parent |  | AWR
Operating revenues |  | $ | 100,799 |  |  | $ | 8,919 |  |  | $ | 25,266 |  |  | $ | — |  |  | $ | 134,984 |
Operating income (loss) |  | 32,451 |  |  | 2,337 |  |  | 5,553 |  |  | (1) |  |  | 40,340 |
Interest expense (income), net |  | 5,625 |  |  | 355 |  |  | (27) |  |  | 711 |  |  | 6,664 |
Net property, plant and equipment |  | 1,584,888 |  |  | 115,379 |  |  | 17,885 |  |  | — |  |  | 1,718,152 |
Depreciation and amortization expense (1) |  | 8,475 |  |  | 709 |  |  | 933 |  |  | — |  |  | 10,117 |
Income tax expense (benefit) |  | 6,831 |  |  | 478 |  |  | 1,347 |  |  | (296) |  |  | 8,360 |
Capital additions |  | 40,684 |  |  | 4,711 |  |  | 109 |  |  | — |  |  | 45,504 |
|  | As Of And For The Nine Months Ended September 30, 2023
|  |  |  | Contracted |  | AWR |  | Consolidated
(dollars in thousands) |  | Water |  | Electric |  | Services |  | Parent |  | AWR
Operating revenues |  | $ | 345,851 |  |  | $ | 30,688 |  |  | $ | 93,980 |  |  | $ | — |  |  | $ | 470,519 |
Operating income (loss) |  | 134,006 |  |  | 7,783 |  |  | 19,854 |  |  | 218 |  |  | 161,861 |
Interest expense (income), net |  | 18,784 |  |  | 1,987 |  |  | 948 |  |  | 4,389 |  |  | 26,108 |
Net property, plant and equipment |  | 1,696,923 |  |  | 137,299 |  |  | 16,249 |  |  | — |  |  | 1,850,471 |
Depreciation and amortization expense (1) |  | 26,890 |  |  | 2,283 |  |  | 2,472 |  |  | — |  |  | 31,645 |
Income tax expense (benefit) |  | 29,674 |  |  | 794 |  |  | 4,621 |  |  | (1,586) |  |  | 33,503 |
Capital additions |  | 113,921 |  |  | 20,985 |  |  | 1,225 |  |  | — |  |  | 136,131 |
|  | As Of And For The Nine Months Ended September 30, 2022
|  |  |  | Contracted |  | AWR |  | Consolidated
(dollars in thousands) |  | Water |  | Electric |  | Services |  | Parent |  | AWR
Operating revenues |  | $ | 265,561 |  |  | $ | 29,028 |  |  | $ | 71,572 |  |  | $ | — |  |  | $ | 366,161 |
Operating income (loss) |  | 77,161 |  |  | 7,973 |  |  | 13,894 |  |  | (6) |  |  | 99,022 |
Interest expense (income), net |  | 16,088 |  |  | 763 |  |  | (264) |  |  | 1,272 |  |  | 17,859 |
Net property, plant and equipment |  | 1,584,888 |  |  | 115,379 |  |  | 17,885 |  |  | — |  |  | 1,718,152 |
Depreciation and amortization expense (1) |  | 25,573 |  |  | 2,049 |  |  | 2,780 |  |  | — |  |  | 30,402 |
Income tax expense (benefit) |  | 14,623 |  |  | 1,645 |  |  | 3,399 |  |  | (641) |  |  | 19,026 |
Capital additions |  | 107,668 |  |  | 13,485 |  |  | 903 |  |  | — |  |  | 122,056 |
(1) Depreciation computed on GSWC’s and BVES’s transportation equipment is recorded in other operation expenses and totaled $160,000 and $97,000 for the three months ended September 30, 2023 and 2022, respectively, and totaled $683,000 and $286,000 for the nine months ended September 30, 2023 and 2022, respectively. For the nine months ended September 30, 2023, approximately $212,000 of additional depreciation expense on GSWC's transportation equipment was recorded that relates to the cumulative retroactive impact for the full year of 2022 approved in the CPUC final decision in GSWC's general rate case that resulted from an increase to the transportation equipment composite depreciation rates that are retroactive to January 1, 2022. The following table reconciles total net property, plant and equipment (a key figure for ratemaking) to total consolidated assets (in thousands):
|  | September 30,
|  | 2023 |  | 2022
Total net property, plant and equipment |  | $ | 1,850,471 |  |  | $ | 1,718,152 |
Other assets |  | 354,758 |  |  | 264,423 |
Total consolidated assets |  | $ | 2,205,229 |  |  | $ | 1,982,575 |

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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 -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-15 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-31 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-42 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-40 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//280/tableOfContent Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 26 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-26 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 34 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-34 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-41 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-21 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-21 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 + Details
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