XML 50 R32.htm IDEA: XBRL DOCUMENT v3.25.0.1
Business Segment Data (Tables)
12 Months Ended
Dec. 31, 2024
Business Segment Data [Abstract]  
Schedule of Inter-Segment Transactions
   (In Thousands) 
   Years Ended December 31, 
Operation by Segments  2024   2023   2022 
Revenues:               
Regulated  $179,359   $154,617   $151,117 
Non – Regulated   13,552    12,773    12,446 
Inter-segment Elimination   (1,034)   (1,116)   (1,129)
Consolidated Revenues  $191,877   $166,274   $162,434 
                
Operating Expenses               
Purchased Water:               
Regulated  $8,064   $9,144   $7,777 
Non – Regulated   
    
    
 
Inter-segment Elimination   (567)   (663)   (688)
Consolidated Purchased Water  $7,497   $8,481   $7,089 
                
Other Operations and Maintenance Expenses:               
Regulated  $76,483   $66,670   $64,170 
Non – Regulated   8,850    8,415    8,278 
Inter-segment Elimination   (467)   (453)   (441)
Consolidated Other Operations and Maintenance Expenses  $84,866   $74,632   $72,007 
                
Other Taxes:               
Regulated  $21,644   $18,504   $17,963 
Non – Regulated   230    240    245 
Consolidated Other Taxes  $21,874   $18,744   $18,208 
                
Depreciation:               
Regulated  $24,173   $24,931   $22,783 
Non – Regulated   257    263    246 
Consolidated Depreciation  $24,430   $25,194   $23,029 
                
Operating Income:               
Regulated  $49,462   $35,820   $44,257 
Non – Regulated   3,748    3,403    3,076 
Consolidated Operating Income  $53,210   $39,223   $47,333 
                
Other Income (Expense), Net:               
Regulated  $12,195   $6,637   $7,898 
Non – Regulated   281    214    279 
Inter-segment Elimination   (407)   (366)   (474)
Consolidated Other Income (Expense), Net  $12,069   $6,485   $7,703 
   (In Thousands) 
   Years Ended December 31, 
Operation by Segments (continued)  2024   2023   2022 
Interest Expense:               
Regulated  $14,430   $13,508   $9,833 
Non – Regulated   
    
    7 
Inter-segment Elimination   (407)   (365)   (473)
Consolidated Interest Expense  $14,023   $13,143   $9,367 
                
Income Taxes:               
Regulated  $5,653   $(146)  $2,084 
Non – Regulated   1,252    1,187    1,156 
Consolidated Income Taxes  $6,905   $1,041   $3,240 
                
Net Income:               
Regulated  $41,575   $29,094   $40,229 
Non – Regulated   2,776    2,430    2,200 
Consolidated Net Income   44,351    31,524    42,429 
                
Capital Expenditures:               
Regulated  $74,584   $90,047   $91,054 
Non – Regulated   38    132    281 
Total Capital Expenditures  $74,622   $90,179   $91,335 

 

   (In Thousands) 
   As of   As of 
   December 31, 2024   December 31, 2023 
Assets:          
Regulated  $1,264,472   $1,235,549 
Non – Regulated   7,671    8,068 
Inter-segment Elimination   (16,969)   (7,565)
Consolidated Assets  $1,255,174   $1,236,052