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CONDENSED CONSOLIDATED STATEMENTS OF INCOME Unaudited - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Income Statement [Abstract]        
Operating revenue $ 211,731 $ 184,268 $ 504,899 $ 458,440
Operations:        
Water production costs 75,261 70,175 181,460 168,833
Administrative and general 24,886 23,844 73,931 75,037
Other operations 21,208 19,561 55,660 57,766
Maintenance 6,057 5,545 16,877 17,542
Depreciation and amortization 19,231 15,884 57,650 47,772
Income taxes 17,348 13,247 26,099 19,192
Property and other taxes 6,544 5,957 18,717 17,439
Total operating (income) expense 170,535 154,213 430,394 403,581
Net operating income (loss) 41,196 30,055 74,505 54,859
Other income and expenses:        
Non-regulated revenue 3,542 3,397 10,743 10,589
Non-regulated expenses (2,576) (2,517) (6,244) (8,306)
Allowance for equity funds used during construction 1,105 0 2,763 0
Income tax expense on other income and expenses (841) (349) (2,947) (914)
Net other income 1,230 531 4,315 1,369
Interest expense:        
Interest expense 9,284 8,485 27,073 24,984
Allowance for borrowed funds used during construction (707) (774) (1,765) (2,341)
Net interest expense 8,577 7,711 25,308 22,643
Net income $ 33,849 $ 22,875 $ 53,512 $ 33,585
Earnings per share:        
Basic (in dollars per share) $ 0.70 $ 0.48 $ 1.11 $ 0.70
Diluted (in dollars per share) $ 0.70 $ 0.48 $ 1.11 $ 0.70
Weighted average shares outstanding:        
Basic (in shares) 48,017 47,969 48,007 47,949
Diluted (in shares) 48,017 47,969 48,007 47,952
Dividends declared per share of common stock (in dollars per share) $ 0.1800 $ 0.1725 $ 0.5400 $ 0.5175