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Segment and Non-Tariffed Business Reporting (Tables)

6 Months Ended

Jun. 30, 2024

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 June 30, 2024
			Water Utility Services												Real Estate Services						All Other (1)						SJW Group
			Regulated						Non-tariffed						Non-tariffed						Non-tariffed						Regulated						Non-tariffed						Total
Operating revenue			$	172,046					3,351						777						—						172,046						4,128						176,174
Operating expense			132,249						2,379						460						516						132,249						3,355						135,604
Operating income (loss)			39,797						972						317						(516)						39,797						773						40,570
Net income (loss)			23,956						498						(200)						(3,558)						23,956						(3,260)						20,696
Depreciation and amortization			28,057						85						1						223						28,057						309						28,366
Interest on long-term debt and other interest expense			12,037						224						—						6,033						12,037						6,257						18,294
Provision (benefit) for income taxes			$	5,325					301						(68)						(1,834)						5,325						(1,601)						3,724

			For Three Months Ended June 30, 2023
			Water Utility Services												Real Estate Services						All Other (1)						SJW Group
			Regulated						Non-tariffed						Non-tariffed						Non-tariffed						Regulated						Non-tariffed						Total
Operating revenue			$	152,525					2,945						1,416						—						152,525						4,361						156,886
Operating expense			122,678						1,789						661						600						122,678						3,050						125,728
Operating income (loss)			29,847						1,156						755						(600)						29,847						1,311						31,158
Net income (loss)			20,510						596						544						(3,364)						20,510						(2,224)						18,286
Depreciation and amortization			25,811						85						1						224						25,811						310						26,121
Interest on long-term debt and other interest expense			10,846						—						—						5,551						10,846						5,551						16,397
Provision (benefit) for income taxes			$	102					320						243						(2,177)						102						(1,614)						(1,512)

			For Six Months Ended June 30, 2024
			Water Utility Services												Real Estate Services						All Other (1)						SJW Group
			Regulated						Non-tariffed						Non-tariffed						Non-tariffed						Regulated						Non-tariffed						Total
Operating revenue			$	316,961					6,043						2,552						—						316,961						8,595						325,556
Operating expense			250,030						3,989						1,186						1,868						250,030						7,043						257,073
Operating income (loss)			66,931						2,054						1,366						(1,868)						66,931						1,552						68,483
Net income (loss)			38,556						1,230						583						(7,974)						38,556						(6,161)						32,395
Depreciation and amortization			56,118						170						2						446						56,118						618						56,736
Interest on long-term debt and other interest expense			23,579						445						—						11,854						23,579						12,299						35,878
Provision (benefit) for income taxes			$	9,021					619						198						(3,883)						9,021						(3,066)						5,955

			For Six Months Ended June 30, 2023
			Water Utility Services												Real Estate Services						All Other (1)						SJW Group
			Regulated						Non-tariffed						Non-tariffed						Non-tariffed						Regulated						Non-tariffed						Total
Operating revenue			$	285,797					5,522						2,863						—						285,797						8,385						294,182
Operating expense			231,545						3,203						1,560						1,538						231,545						6,301						237,846
Operating income (loss)			54,252						2,319						1,303						(1,538)						54,252						2,084						56,336
Net income (loss)			33,732						1,214						969						(6,099)						33,732						(3,916)						29,816
Depreciation and amortization			51,497						169						304						447						51,497						920						52,417
Interest on long-term debt and other interest expense			21,393						—						—						10,776						21,393						10,776						32,169
Provision (benefit) for income taxes			$	2,826					643						385						(4,288)						2,826						(3,260)						(434)

____________________

(1)    The “All Other” category for the three and six months ended June 30, 2024 and 2023, includes the accounts of SJW Group, SJWNE LLC, CTWS and SJWTX Holdings, Inc. on a stand-alone basis.

SJW Group’s assets by segment are as follows:

			June 30, 2024						December 31, 2023
Water Utility Services:
Regulated			$	4,321,187					4,199,172
Non-tariffed			43,032						43,532
Total water utility services			4,364,219						4,242,704
Real Estate Services			20,742						44,222
All Other			54,466						58,141
Total assets			$	4,439,427					4,345,067
Regulated			$	4,321,187					4,199,172
Non-tariffed			118,240						145,895
Total assets			$	4,439,427					4,345,067

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
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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- References

No definition available.

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