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Condensed Consolidated Statements of Comprehensive Income (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
OPERATING REVENUE $ 70,356 $ 74,230 $ 124,952 $ 124,369
Production Expenses:        
Purchased water 11,942 18,314 21,672 28,433
Power 2,623 1,777 4,112 2,662
Groundwater extraction charges 15,516 9,525 24,964 14,115
Other production expenses 3,001 2,882 5,863 5,595
Total production expenses 33,082 32,498 56,611 50,805
Administrative and general 9,510 10,085 18,960 21,579
Maintenance 3,573 3,433 6,847 6,633
Property taxes and other non-income taxes 2,575 2,534 5,379 5,083
Depreciation and amortization 9,495 8,743 18,980 17,559
Total operating expense 58,235 57,293 106,777 101,659
OPERATING INCOME 12,121 16,937 18,175 22,710
OTHER (EXPENSE) INCOME:        
Interest on long-term debt (4,553) (4,678) (9,095) (9,323)
Mortgage and other interest expense (401) (278) (729) (655)
Gain on sale of California Water Service Group stock 2,017 0 2,017 0
Gain on sale of real estate investment 273 0 273 1,063
Dividend income 42 61 105 123
Other, net 439 589 659 960
Income before income taxes 9,938 12,631 11,405 14,878
Provision for income taxes 3,092 5,191 3,653 6,121
NET INCOME 6,846 7,440 7,752 8,757
Other comprehensive income (loss), net of tax:        
Unrealized income (loss) on investment 41 (89) 239 265
Reclassification adjustment for gain realized on sale of investments (1,171) 0 (1,171) 0
COMPREHENSIVE INCOME $ 5,716 $ 7,351 $ 6,820 $ 9,022
EARNINGS PER SHARE        
Basic $ 0.34 $ 0.37 $ 0.38 $ 0.45
Diluted $ 0.34 $ 0.37 $ 0.38 $ 0.45
DIVIDENDS PER SHARE $ 0.19 $ 0.18 $ 0.38 $ 0.37
WEIGHTED AVERAGE SHARES OUTSTANDING        
Basic 20,214,349 20,072,703 20,204,655 19,384,855
Diluted 20,398,002 20,266,480 20,391,692 19,581,515