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CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND (USD $)
In Thousands, except Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Operating revenues    
Water sales$ 15,921$ 16,097$ 43,520$ 42,901
Other utility operating revenue7516572,2081,990
Non-utility revenue1,0581,2093,2694,059
Total Operating Revenues17,73017,96348,99748,950
Operating expenses    
Utility operating expenses8,3137,69724,52722,531
Non-utility operating expenses7099462,4242,923
Depreciation and amortization1,8971,7505,5305,204
State and federal income taxes1,5051,9223,4594,248
Property and other taxes9399422,8822,931
Total Operating Expenses13,36313,25738,82237,837
Operating income4,3674,70610,17511,113
Other income (expense), net    
Allowance for funds used during construction (AFUDC)6773140140
Miscellaneous(387)(47)185520
Income before interest charges4,0474,73210,50011,773
Interest charges1,8091,8355,5005,432
Net income2,2382,8975,0006,341
Retained earnings, beginning of period17,37916,20017,52015,577
Less dividends3,2871,4226,1904,243
Retained earnings, end of period$ 16,330$ 17,675$ 16,330$ 17,675
Income per common share:    
Basic (in dollars per share)$ 0.26$ 0.38$ 0.63$ 0.84
Diluted (in dollars per share)$ 0.26$ 0.38$ 0.63$ 0.83
Weighted average common shares outstanding    
Basic (in shares)8,5477,5627,9607,538
Diluted (in shares)8,5797,6238,0007,601
Cash dividend per common share$ 0.1902$ 0.1882$ 0.5696$ 0.5637