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Segment and Non-Tariffed Business Reporting (Tables)

9 Months Ended

Sep. 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 September 30, 2024
			Water Utility Services (1)												Real Estate Services						All Other (2)						SJW Group
			Regulated						Non-tariffed						Non-tariffed						Non-tariffed						Regulated						Non-tariffed						Total
Operating revenue			$	220,938					4,103						22						—						220,938						4,125						225,063
Operating expense			161,929						2,799						205						1,777						161,929						4,781						166,710
Operating income (loss)			59,009						1,304						(183)						(1,777)						59,009						(656)						58,353
Net income (loss)			43,751						915						34						(6,048)						43,751						(5,099)						38,652
Depreciation and amortization			27,113						85						1						224						27,113						310						27,423
Interest on long-term debt and other interest expense			11,516						75						—						5,925						11,516						6,000						17,516
Provision (benefit) for income taxes			1,182						389						15						342						1,182						746						1,928

			For Three Months Ended September 30, 2023
			Water Utility Services (1)												Real Estate Services						All Other (2)						SJW Group
			Regulated						Non-tariffed						Non-tariffed						Non-tariffed						Regulated						Non-tariffed						Total
Operating revenue			$	199,537					3,876						1,430						—						199,537						5,306						204,843
Operating expense			144,102						2,337						691						1,107						144,102						4,135						148,237
Operating income (loss)			55,435						1,539						739						(1,107)						55,435						1,171						56,606
Net income (loss)			37,545						2,198						563						(4,084)						37,545						(1,323)						36,222
Depreciation and amortization			26,147						84						1						223						26,147						308						26,455
Interest on long-term debt and other interest expense			10,839						112						—						5,793						10,839						5,905						16,744
Provision (benefit) for income taxes			5,933						428						196						(1,996)						5,933						(1,372)						4,561

			For Nine Months Ended September 30, 2024
			Water Utility Services (1)												Real Estate Services						All Other (2)						SJW Group
			Regulated						Non-tariffed						Non-tariffed						Non-tariffed						Regulated						Non-tariffed						Total
Operating revenue			$	537,899					10,146						2,574						—						537,899						12,720						550,619
Operating expense			411,959						6,788						1,391						3,645						411,959						11,824						423,783
Operating income (loss)			125,940						3,358						1,183						(3,645)						125,940						896						126,836
Net income (loss)			82,307						2,145						617						(14,022)						82,307						(11,260)						71,047
Depreciation and amortization			83,231						255						3						670						83,231						928						84,159
Interest on long-term debt and other interest expense			35,095						520						—						17,779						35,095						18,299						53,394
Provision (benefit) for income taxes			10,203						1,008						213						(3,541)						10,203						(2,320)						7,883

			For Nine Months Ended September 30, 2023
			Water Utility Services (1)												Real Estate Services						All Other (2)						SJW Group
			Regulated						Non-tariffed						Non-tariffed						Non-tariffed						Regulated						Non-tariffed						Total
Operating revenue			$	485,334					9,398						4,293						—						485,334						13,691						499,025
Operating expense			375,647						5,540						2,251						2,645						375,647						10,436						386,083
Operating income (loss)			109,687						3,858						2,042						(2,645)						109,687						3,255						112,942
Net income (loss)			71,277						3,412						1,532						(10,183)						71,277						(5,239)						66,038
Depreciation and amortization			77,644						253						305						670						77,644						1,228						78,872
Interest on long-term debt and other interest expense			32,232						112						—						16,569						32,232						16,681						48,913
Provision (benefit) for income taxes			8,759						1,071						581						(6,284)						8,759						(4,632)						4,127

____________________

(1)    The “Water Utility Services” category for the three and nine months ended September 30, 2024 and 2023, includes the accounts of SJWC, CWC, TWC, MWC, and NEWUS on a stand-alone basis.

(2)    The “All Other” category for the three and nine months ended September 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:

			September 30, 2024						December 31, 2023
Water Utility Services:
Regulated			$	4,496,972					4,199,172
Non-tariffed			1,424						43,532
Total water utility services			4,498,396						4,242,704
Real Estate Services			849						44,222
All Other			53,057						58,141
Total assets			$	4,552,302					4,345,067
Regulated			$	4,496,972					4,199,172
Non-tariffed			55,330						145,895
Total assets			$	4,552,302					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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