XML 73 R61.htm IDEA: XBRL DOCUMENT v3.20.1
Acquisition of PERC - Financial Information (Details) - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Revenue $ 68,793,651 $ 65,719,857
Cost of Revenue 40,519,303 38,977,570
Gross profit 28,274,348 26,742,287
General and administrative expenses 19,348,958 18,709,419
Gain (loss) on asset dispositions and impairments, net 445,041 (56,774)
Income from operations 9,370,431 7,976,094
Other income (expense):    
Other income (expense), net 801,091 2,740,064
Income before income taxes 10,171,522 10,716,158
Provision for (benefit from) income taxes 66,621 (157,291)
Net income from continuing operations 10,104,901 10,873,449
Income from continuing operations attributable to non-controlling interests 1,549,978 695,787
Net income from continuing operations attributable to Consolidated Water Co. Ltd. stockholders 8,554,923 10,177,662
Gain on sale of discontinued operations 3,621,170 0
Net income from discontinued operations   1,115,825
Total income from discontinued operations 3,621,170 1,115,825
Net income attributable to Consolidated Water Co. Ltd. stockholders $ 12,176,093 $ 11,293,487
Basic earnings per common share attributable to Consolidated Water Co. Ltd. common stockholders    
Continuing operations $ 0.57 $ 0.68
Discontinued operations 0.24 0.07
Basic earnings per share 0.81 0.75
Diluted earnings per common share attributable to Consolidated Water Co. Ltd. common stockholders    
Continuing operations 0.56 0.68
Discontinued operations 0.24 0.07
Diluted earnings per share $ 0.80 $ 0.75
Weighted average number of common shares used in the determination of:    
Basic earnings per share 15,025,639 14,962,760
Diluted earnings per share 15,137,076 15,074,147
Pro Forma    
Revenue $ 77,615,958 $ 76,787,893
Cost of Revenue 47,162,564 47,608,703
Gross profit 30,453,394 29,179,190
General and administrative expenses 21,620,106 21,451,898
Gain (loss) on asset dispositions and impairments, net 447,681 (58,434)
Income from operations 9,280,969 7,668,858
Other income (expense):    
Other income (expense), net 805,093 2,749,833
Income before income taxes 10,086,062 10,418,691
Provision for (benefit from) income taxes 72,814 (651,300)
Net income from continuing operations 10,013,248 11,069,991
Income from continuing operations attributable to non-controlling interests 1,505,068 792,092
Net income from continuing operations attributable to Consolidated Water Co. Ltd. stockholders 8,508,180 10,277,899
Gain on sale of discontinued operations 3,621,170  
Net income from discontinued operations   1,115,825
Total income from discontinued operations 3,621,170 1,115,825
Net income attributable to Consolidated Water Co. Ltd. stockholders $ 12,129,350 $ 11,393,724
Basic earnings per common share attributable to Consolidated Water Co. Ltd. common stockholders    
Continuing operations $ 0.57 $ 0.69
Discontinued operations 0.24 0.07
Basic earnings per share 0.81 0.76
Diluted earnings per common share attributable to Consolidated Water Co. Ltd. common stockholders    
Continuing operations 0.56 0.68
Discontinued operations 0.24 0.07
Diluted earnings per share $ 0.80 $ 0.75
Weighted average number of common shares used in the determination of:    
Basic earnings per share 15,025,639 14,962,760
Diluted earnings per share 15,137,076 15,074,147