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Earnings Per Share / Capital Stock (Tables)
12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Schedule of reconciliation of Registrant's net income and weighted average Common Shares outstanding for calculating basic net income per share
The following is a reconciliation of Registrant’s net income and weighted average Common Shares outstanding used to calculate basic EPS:
Basic:For The Years Ended December 31,
(in thousands, except per share amounts)202420232022
Net income$119,268 $124,921 $78,396 
Less: impact from participating securities419 372 197 
Total income available to common shareholders$118,849 $124,549 $78,199 
Weighted average Common Shares outstanding, basic37,46436,976 36,955 
Basic earnings per Common Share$3.17 $3.37 $2.12 
Schedule of reconciliation of Registrant's net income and weighted average Common Shares outstanding for calculating diluted net income per share
The following is a reconciliation of Registrant’s net income and weighted average Common Shares outstanding used to calculate diluted EPS:
Diluted:For The Years Ended December 31,
(in thousands, except per share amounts)202420232022
Common shareholders earnings, basic$118,849 $124,549 $78,199 
Undistributed earnings for dilutive stock options and restricted stock units183 189 55 
Total common shareholders earnings, diluted$119,032 $124,738 $78,254 
Weighted average Common Shares outstanding, basic37,464 36,976 36,955 
Stock-based compensation (1)
119 101 84 
Weighted average Common Shares outstanding, diluted37,583 37,077 37,039 
   
Diluted earnings per Common Share$3.17 $3.36 $2.11 
(1)         In applying the treasury stock method of reflecting the dilutive effect of outstanding stock-based compensation in the calculation of diluted EPS, 144,799, 115,684 and 96,988 restricted stock units, including performance awards to officers of AWR, at December 31, 2024, 2023 and 2022, respectively, were deemed to be outstanding in accordance with accounting guidance on earnings per share.