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CONDENSED CONSOLIDATED STATEMENTS OF INCOME Unaudited - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Sep. 30, 2019
Sep. 30, 2018
Income Statement [Abstract]                
Operating revenue $ 232,537     $ 221,288     $ 537,679 $ 530,779
Operations:                
Water production costs 80,568     78,818     190,795 191,797
Administrative and general 26,779     26,493     81,310 77,195
Other operations 24,550     21,943     64,913 60,307
Maintenance 7,065     6,768     19,212 17,596
Depreciation and amortization 22,273     21,009     66,967 62,677
Income taxes 12,194     11,786     13,524 16,950
Property and other taxes 7,541     7,142     21,902 20,253
Total operating (income) expenses 180,970     173,959     458,623 446,775
Net operating income 51,567     47,329     79,056 84,004
Other income and expenses:                
Non-regulated revenue 4,118     4,703     14,149 13,967
Non-regulated expenses (4,351)     (4,897)     (10,470) (16,449)
Other components of net periodic benefit cost (1,857)     (1,975)     (4,308) (6,984)
Allowance for equity funds used during construction 1,868     1,023     5,087 2,644
Income tax benefit on other income and expenses 330     305     (985) 1,882
Net other income (loss) 108     (841)     3,473 (4,940)
Interest expense:                
Interest expense 10,279     10,875     33,532 30,207
Allowance for borrowed funds used during construction (1,028)     (560)     (2,783) (1,359)
Net interest expense 9,251     10,315     30,749 28,848
Net income $ 42,424 $ 16,996 $ (7,640) $ 36,173 $ 14,805 $ (762) $ 51,780 $ 50,216
Earnings per share:                
Basic (in dollars per share) $ 0.88     $ 0.75     $ 1.08 $ 1.04
Diluted (in dollars per share) $ 0.88     $ 0.75     $ 1.08 $ 1.04
Weighted average shares outstanding:                
Basic (in shares) 48,141     48,070     48,121 48,058
Diluted (in shares) 48,141     48,070     48,121 48,058