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Consolidated Statements of Income and Comprehensive Income (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Operating revenue $ 238,955 $ 215,638 $ 216,097
Operating expense:      
Purchased water 54,317 43,557 45,317
Power 5,394 6,429 6,582
Groundwater extraction charges 20,997 26,614 31,635
Other production costs 11,345 10,702 10,074
Total production costs 92,053 87,302 93,608
Administrative and general 39,136 38,184 35,445
Maintenance 13,261 12,242 13,172
Property taxes and other non-income taxes 8,921 7,907 8,549
Depreciation and amortization 31,193 28,331 25,643
Impairment on real estate investment 0 3,597 0
Total operating expense 184,564 177,563 176,417
Operating income 54,391 38,075 39,680
Other (expense) income:      
Interest on long-term debt (17,799) (15,676) (13,996)
Mortgage and other interest expense (1,876) (2,007) (1,974)
Loss on sale of utility property (23) 0 0
Gain on sale of California Water Service Group stock 0 18,966 0
Dividend income 238 1,185 1,298
Other, net 513 603 443
Income before income taxes 35,444 41,146 25,451
Provision for income taxes 14,566 16,740 10,280
Net income 20,878 24,406 15,171
Other comprehensive loss:      
Unrealized loss on investment, net of taxes of $59 in 2011, $30 in 2010 and $4,334 in 2009 (85) (44) (6,236)
Reclassification adjustment for gain realized on investment, net of tax of $7,494 in 2010 0 (10,784) 0
Comprehensive income $ 20,793 $ 13,578 $ 8,935
Earnings per share      
Basic $ 1.12 $ 1.32 $ 0.82
Diluted $ 1.11 $ 1.30 $ 0.81
Weighted average shares outstanding      
Basic 18,581,762 18,531,458 18,486,536
Diluted 18,794,066 18,742,315 18,680,458