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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Operating revenues        
Water sales $ 17,474 $ 15,950 $ 33,512 $ 31,034
Other utility operating revenue 894 893 1,756 1,686
Non-utility operating revenue 1,168 1,048 2,229 2,071
Total Operating Revenues 19,536 17,891 37,497 34,791
Operating expenses        
Utility operating expenses 8,501 9,070 17,162 17,587
Non-utility operating expenses 607 632 1,127 1,190
Depreciation and amortization 2,192 2,155 4,401 4,293
State and federal income taxes 2,191 1,312 3,955 2,713
Property and other taxes 1,060 1,073 2,195 2,213
Total Operating Expenses 14,551 14,242 28,840 27,996
Operating income 4,985 3,649 8,657 6,795
Other income (expense), net        
Allowance for funds used during construction (AFUDC) 43 95 67 146
Miscellaneous (41) (39) 549 583
Income before interest charges 4,987 3,705 9,273 7,524
Interest charges 1,754 1,743 3,503 3,479
Net income $ 3,233 $ 1,962 $ 5,770 $ 4,045
Income per common share:        
Basic (in dollars per share) $ 0.36 $ 0.22 $ 0.65 $ 0.46
Diluted (in dollars per share) $ 0.36 $ 0.22 $ 0.64 $ 0.45
Weighted average common shares outstanding        
Basic (in shares) 8,926 8,884 8,922 8,865
Diluted (in shares) 8,960 8,928 8,958 8,914
Cash dividends per share of common stock $ 0.2183 $ 0.2119 $ 0.4334 $ 0.4207