XML 39 R28.htm IDEA: XBRL DOCUMENT v3.21.1

Segment and Non-Tariffed Business Reporting (Tables)

3 Months Ended

Mar. 31, 2021

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The following tables set forth information relating to SJW Group’s reportable segments and distribution of regulated and non-tariffed business activities within the reportable segments. Certain allocated assets, such as goodwill, revenue and expenses have been included in the reportable segment amounts. Other business activity of SJW Group not included in the reportable segments is included in the “All Other” category.

			For Three Months Ended March 31, 2021
			Water Utility Services												Real Estate Services						All Other (1)						SJW Group
			Regulated						Non-tariffed						Non-tariffed						Non-tariffed						Regulated						Non-tariffed						Total
Operating revenue			$	111,396					2,045						1,344						—						111,396						3,389						114,785
Operating expense			98,478						1,369						881						978						98,478						3,228						101,706
Operating income (loss)			12,918						676						463						(978)						12,918						161						13,079
Net income (loss)			5,699						722						323						(4,128)						5,699						(3,083)						2,616
Depreciation and amortization			22,817						109						289						223						22,817						621						23,438
Interest on long-term debt and other interest expense			8,171						—						—						5,268						8,171						5,268						13,439
(Benefit) provision for income taxes			(116)						182						109						(1,071)						(116)						(780)						(896)
Assets			$	3,218,536					7,625						44,763						61,218						3,218,536						113,606						3,332,142

			For Three Months Ended March 31, 2020
			Water Utility Services												Real Estate Services						All Other (1)						SJW Group
			Regulated						Non-tariffed						Non-tariffed						Non-tariffed						Regulated						Non-tariffed						Total
Operating revenue			$	111,367					3,017						1,370						—						111,367						4,387						115,754
Operating expense			96,017						1,361						831						2,118						96,017						4,310						100,327
Operating income (loss)			15,350						1,656						539						(2,118)						15,350						77						15,427
Net income (loss)			5,828						1,470						388						(5,269)						5,828						(3,411)						2,417
Depreciation and amortization			20,749						108						302						223						20,749						633						21,382
Interest on long-term debt and other interest expense			8,174						—						—						5,110						8,174						5,110						13,284
Provision (benefit) for income taxes			1,202						470						132						(1,366)						1,202						(764)						438
Assets			$	3,054,474					9,170						46,436						64,218						3,054,474						119,824						3,174,298

____________________

(1)    The “All Other” category for the three months ended March 31, 2021 and March 31, 2020, includes the accounts of SJW Group, SJWNE LLC and CTWS on a stand-alone basis.

(2)    As of March 31, 2021 and December 31, 2021, the Company has performed an allocation of goodwill associated with the acquisition of CTWS to two reporting units, Connecticut and Maine, which are both aggregated within the Regulated Water Utility Services reportable segment.

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-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 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration