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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]        
REVENUE $ 204,843 $ 175,981 $ 499,025 $ 449,324
Production Expenses:        
Purchased water 46,044 38,744 101,054 84,313
Power 2,785 3,913 7,363 10,387
Groundwater extraction charges 21,398 19,059 46,751 51,347
Other production expenses 12,415 11,888 36,379 33,607
Total production expenses 82,642 73,604 191,547 179,654
Administrative and general 23,888 23,909 71,759 71,374
Maintenance 6,457 7,065 18,813 20,651
Property taxes and other non-income taxes 8,795 8,354 25,092 24,242
Depreciation and amortization 26,455 25,529 78,872 78,342
Gain on sale of nonutility property 0 (82) 0 (5,532)
Total operating expense 148,237 138,379 386,083 368,731
OPERATING INCOME 56,606 37,602 112,942 80,593
OTHER (EXPENSE) INCOME:        
Interest on long-term debt and other interest expense (16,744) (14,190) (48,913) (42,160)
Pension non-service (cost) credit (740) 970 (906) 2,860
Other, net 1,661 875 7,042 2,694
Income before income taxes 40,783 25,257 70,165 43,987
Provision for income taxes 4,561 223 4,127 3,658
NET INCOME 36,222 25,034 66,038 40,329
Other comprehensive income (loss), net 318 (173) 420 (602)
COMPREHENSIVE INCOME $ 36,540 $ 24,861 $ 66,458 $ 39,727
EARNINGS PER SHARE        
Basic (in usd per share) $ 1.14 $ 0.83 $ 2.10 $ 1.33
Diluted (in usd per share) 1.13 0.82 2.09 1.33
DIVIDENDS PER SHARE (in usd per share) $ 0.38 $ 0.36 $ 1.14 $ 1.08
WEIGHTED AVERAGE SHARES OUTSTANDING        
Basic (in shares) 31,862,518 30,269,462 31,436,077 30,246,201
Diluted (in shares) 31,934,636 30,392,295 31,526,732 30,358,268