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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Operating revenues        
Non-Tariff Revenue $ 20,652 $ 20,238 $ 40,037 $ 39,144
Operating expenses        
Utility operating expenses 9,249 9,038 18,370 18,121
Non-utility operating expenses 779 671 1,546 1,334
Depreciation and amortization 2,724 2,541 5,438 5,109
State and federal income taxes 1,325 1,564 2,504 2,903
Property and other taxes 1,255 1,185 2,575 2,468
Total Operating Expenses 15,332 14,999 30,433 29,935
Operating income 5,320 5,239 9,604 9,209
Other income, net        
Allowance for funds used during construction (AFUDC) 266 180 492 268
Miscellaneous (expense) income (58) 8 742 927
Income before interest charges 5,528 5,427 10,838 10,404
Interest charges 1,750 1,501 3,470 3,000
Net income applicable to common stock $ 3,778 $ 3,926 $ 7,368 $ 7,404
Income per common share:        
Basic (in dollars per share) $ 0.41 $ 0.43 $ 0.80 $ 0.80
Diluted (in dollars per share) $ 0.41 $ 0.42 $ 0.79 $ 0.80
Weighted average common shares outstanding:        
Basic (in shares) 9,276 9,237 9,267 9,230
Diluted (in shares) 9,324 9,293 9,319 9,287
Cash dividends per share of common stock (in dollars per share) $ 0.2459 $ 0.2387 $ 0.4882 $ 0.4739
Water Sales [Member]        
Operating revenues        
Non-Tariff Revenue $ 18,192 $ 17,869 $ 35,125 $ 34,514
Other Utility Operating Revenue [Member]        
Operating revenues        
Non-Tariff Revenue 1,150 1,085 2,270 2,084
Non-Utility Operating Revenue [Member]        
Operating revenues        
Non-Tariff Revenue $ 1,310 $ 1,284 $ 2,642 $ 2,546