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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Operating activities:    
Net income $ 16,551 $ 11,699
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 29,631 28,924
Deferred income taxes 3,020 649
Stock-based compensation 1,210 1,538
Allowance for equity funds used during construction (834) (528)
Changes in operating assets and liabilities:    
Accounts receivable and accrued unbilled utility revenue 5,355 11,910
Accounts payable and other current liabilities (10,742) (4,111)
Accrued groundwater extraction charges, purchased water and power (1,807) (7,274)
Tax receivable and payable, and other accrued taxes 4,962 4,098
Postretirement benefits (1,294) 260
Regulatory assets and liabilities excluding cost of removal, income tax temporary differences and postretirement benefits (577) 5,753
Other changes, net (2,294) (1,702)
Net cash provided by operating activities 43,181 51,216
Investing activities:    
Company-funded (77,461) (68,879)
Contributions in aid of construction (6,884) (4,632)
Cost to retire utility plant, net of salvage (414) (744)
Other changes, net 0 (18)
Net cash used in investing activities (84,759) (74,273)
Financing activities:    
Borrowings from lines of credit 67,403 87,645
Repayments of lines of credit (33,938) (49,281)
Long-term borrowings 0 25,000
Repayments of long-term borrowings (1,071) (40,971)
Issuance of common stock, net of issuance costs 26,545 7,006
Dividends paid (14,142) (12,824)
Receipts of advances and contributions in aid of construction 9,838 2,285
Refunds of advances for construction (674) (616)
Other changes, net 199 (368)
Net cash provided by financing activities 54,160 17,876
Net change in cash and cash equivalents 12,582 (5,181)
Cash and cash equivalents, beginning of period 11,114 9,723
Cash and cash equivalents, end of period 23,696 4,542
Cash paid (refunded) during the period for:    
Interest 16,820 16,011
Interest, net of amounts capitalized 15,567 15,343
Income taxes (680) 177
Supplemental disclosure of non-cash activities:    
Accrued payables for additions to utility plant 37,724 26,063
Utility property installed by developers $ 999 $ 107