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Condensed Consolidated Statements of Income and Comprehensive Income (USD $)
In Thousands, except Per Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
OPERATING REVENUE$ 73,914$ 70,347$ 176,617$ 164,886
OPERATING EXPENSE:    
Purchased water19,18216,57439,27933,728
Power1,9792,1224,3664,850
Groundwater extraction charges7,8248,73617,63219,969
Other production costs3,0302,7268,4427,832
Total production costs32,01530,15869,71966,379
Administrative and general9,88210,23429,17627,861
Maintenance3,3312,8959,8558,960
Property taxes and other non-income taxes2,3972,0566,6075,819
Depreciation and amortization7,8037,08223,38921,263
Total operating expense55,42852,425138,746130,282
OPERATING INCOME18,48617,92237,87134,604
OTHER (EXPENSE) INCOME:    
Interest on long-term debt(4,684)(4,166)(13,175)(11,424)
Mortgage and other interest expense(436)(486)(1,358)(1,555)
Gain on sale of California Water Service Group stock04,46604,466
Dividend income59239179893
Other, net150145369420
Income before income taxes13,57518,12023,88627,404
Provision for income taxes5,3607,3339,61011,116
NET INCOME8,21510,78714,27616,288
Other comprehensive income (loss):    
Unrealized income (loss) on investment(385)(3,188)(356)(4,420)
Less: income taxes related to other comprehensive income (loss)1581,3071461,812
Other comprehensive income (loss), net(227)(1,881)(210)(2,608)
COMPREHENSIVE INCOME$ 7,988$ 8,906$ 14,066$ 13,680
EARNINGS PER SHARE    
Basic$ 0.44$ 0.58$ 0.77$ 0.88
Diluted$ 0.44$ 0.58$ 0.76$ 0.87
DIVIDENDS PER SHARE$ 0.17$ 0.17$ 0.52$ 0.51
WEIGHTED AVERAGE SHARES OUTSTANDING    
Basic18,58718,53718,57818,528
Diluted18,80318,75218,78818,738