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Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
REVENUE $ 149,041 $ 152,241 $ 273,343 $ 267,026
Production Expenses:        
Purchased water 26,352 27,668 45,569 43,313
Power 3,394 3,391 6,474 6,394
Groundwater extraction charges 18,360 20,138 32,288 35,683
Other production expenses 11,596 9,831 21,719 19,233
Total production expenses 59,702 61,028 106,050 104,623
Administrative and general 23,260 21,326 47,465 42,219
Maintenance 6,891 6,587 13,586 12,852
Property taxes and other non-income taxes 7,579 7,149 15,888 14,664
Depreciation and amortization 25,207 23,512 52,813 46,950
Gain on sale of nonutility properties 0 0 (5,450) 0
Total operating expense 122,639 119,602 230,352 221,308
OPERATING INCOME 26,402 32,639 42,991 45,718
OTHER (EXPENSE) INCOME:        
Interest on long-term debt and other interest expense (14,241) (13,681) (27,970) (27,120)
Pension non-service cost 941 339 1,890 665
Gain on sale of Texas Water Alliance 0 3,000 0 3,000
Other, net 824 1,784 1,819 3,538
Income before income taxes 13,926 24,081 18,730 25,801
Provision for income taxes 2,368 3,306 3,435 2,410
NET INCOME 11,558 20,775 15,295 23,391
Other comprehensive (loss) income, net (248) 107 (429) 145
COMPREHENSIVE INCOME $ 11,310 $ 20,882 $ 14,866 $ 23,536
EARNINGS PER SHARE        
Basic (usd per share) $ 0.38 $ 0.70 $ 0.51 $ 0.80
Diluted (usd per share) 0.38 0.69 0.50 0.79
DIVIDENDS PER SHARE (usd per share) $ 0.36 $ 0.34 $ 0.72 $ 0.68
WEIGHTED AVERAGE SHARES OUTSTANDING        
Basic (shares) 30,244,511 29,799,499 30,234,381 29,333,776
Diluted (shares) 30,346,040 29,924,191 30,341,065 29,459,782