XML 21 R11.htm IDEA: XBRL DOCUMENT v3.22.2
Earnings Per Share of Common Stock
 6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Earnings Per Share of Common Stock Earnings Per Share of Common Stock
The computations of basic and diluted earnings per share of common stock are noted in the table below. Basic earnings per share of common stock is computed by dividing the net income attributable to California Water Service Group by the weighted average number of common shares outstanding during the period. RSAs are included in the weighted average common shares outstanding because the shares have all the same voting and dividend rights as issued and unrestricted common stock.
 Three Months Ended June 30
 20222021
(In thousands, except per share data)
Net income$19,215 $38,076 
Net loss attributable to noncontrolling interests$(269)$(149)
Net income attributable to California Water Service Group$19,484 $38,225 
Weighted average common shares outstanding, basic54,007 51,080 
Weighted average common shares outstanding, dilutive54,042 51,080 
Earnings per share of common stock - basic$0.36 $0.75 
Earnings per share of common stock - diluted $0.36 $0.75 
 Six Months Ended June 30
 20222021
(In thousands, except per share data)
Net income$20,109 $35,044 
Net loss attributable to noncontrolling interests$(461)$(149)
Net income attributable to California Water Service Group$20,570 $35,193 
Weighted average common shares outstanding, basic53,870 50,762 
Weighted average common shares outstanding, dilutive53,918 50,762 
Earnings per share of common stock - basic$0.38 $0.69 
Earnings per share of common stock - diluted$0.38 $0.69