XML 18 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Operating revenues      
Water sales $ 70,587 $ 68,932 $ 64,667
Other utility operating revenue 3,816 3,694 3,648
Non-utility operating revenue 4,686 4,398 4,150
Total operating revenues 79,089 77,024 72,465
Operating expenses      
Utility operating expenses 35,658 36,148 34,893
Non-utility operating expenses 2,602 2,305 2,193
Depreciation and amortization 9,188 8,837 8,673
State and federal income taxes      
Current 2,849 2,667 (900)
Deferred 5,482 5,117 7,275
Property and other taxes 4,491 4,368 4,285
Total operating expenses 60,270 59,442 56,419
Operating income 18,819 17,582 16,046
Other income, net      
Allowance for funds used during construction (AFUDC) 222 249 329
Miscellaneous 557 472 524
Total other income 779 721 853
Income before interest charges 19,598 18,303 16,899
Interest charges 6,644 6,998 7,393
Net income applicable to common stock $ 12,954 $ 11,305 $ 9,506
Income per common share:      
Basic (in dollars per share) $ 1.42 $ 1.26 $ 1.07
Diluted (in dollars per share) $ 1.41 $ 1.26 $ 1.07
Weighted average common shares outstanding:      
Basic (in shares) 9,098 8,960 8,884
Diluted (in shares) 9,161 9,005 8,926
Cash dividends paid per share of common stock (in dollars per share) $ 0.8997 $ 0.8733 $ 0.8477