XML 13 R4.htm IDEA: XBRL DOCUMENT v3.23.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Income Statement [Abstract]    
Operating revenue $ 131,100 $ 172,993
Operations:    
Water production costs 55,008 61,538
Administrative and general 35,986 33,411
Other operations 16,604 25,852
Maintenance 7,978 7,341
Depreciation and amortization 29,915 28,770
Income tax benefit (5,644) (1,417)
Property and other taxes 8,777 8,360
Total operating expenses 148,624 163,855
Net operating income (17,524) 9,138
Other income and expenses:    
Non-regulated revenue 4,623 5,197
Non-regulated expenses (2,275) (6,986)
Other components of net periodic benefit credit 5,221 4,014
Allowance for equity funds used during construction 1,404 975
Income tax expense on other income and expenses (1,794) (512)
Net other income 7,179 2,688
Interest expense:    
Interest expense 12,818 11,495
Allowance for borrowed funds used during construction (829) (563)
Net interest expense 11,989 10,932
Net income (22,334) 894
Net (loss) income attributable to noncontrolling interests (123) (192)
Net income attributable to California Water Service Group $ (22,211) $ 1,086
Earnings per share of common stock:    
Basic (in dollars per share) $ (0.40) $ 0.02
Diluted (in dollars per share) $ (0.40) $ 0.02
Weighted average shares outstanding:    
Basic (in shares) 55,666 53,731
Diluted (in shares) 55,666 53,775