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Statements of Income (Unaudited) (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
WATER OPERATING REVENUES:        
Residential $ 6,630 $ 6,087 $ 12,756 $ 11,805
Commercial and industrial 3,023 2,884 5,777 5,437
Other 799 777 1,564 1,522
Water Operating Revenues 10,452 9,748 20,097 18,764
OPERATING EXPENSES:        
Operation and maintenance 1,826 1,647 3,489 3,252
Administrative and general 1,950 1,643 3,808 3,326
Depreciation and amortization 1,227 1,142 2,446 2,285
Taxes other than income taxes 287 271 606 581
Operating Expenses 5,290 4,703 10,349 9,444
Operating income 5,162 5,045 9,748 9,320
OTHER INCOME (EXPENSES):        
Interest on debt (1,315) (1,201) (2,630) (2,404)
Allowance for funds used during construction 30 13 50 22
Other income (expenses), net (128) (80) (116) (156)
Other income (expenses) (1,413) (1,268) (2,696) (2,538)
Income before income taxes 3,749 3,777 7,052 6,782
Income taxes 1,291 1,433 2,455 2,599
Net Income $ 2,458 $ 2,344 $ 4,597 $ 4,183
Basic Earnings Per Share $ 0.19 $ 0.18 $ 0.36 $ 0.33
Cash Dividends Declared Per Share $ 0.131 $ 0.128 $ 0.262 $ 0.256