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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Operating revenues      
Total Operating Revenues $ 83,595 $ 80,411 $ 82,235
Operating expenses      
Utility operating expenses 39,189 38,330 38,277
Non-utility operating expenses 3,315 2,879 2,777
Depreciation and amortization 10,803 10,288 9,555
State and federal income taxes expense (benefit)      
Current 8,420 4,172 (929)
Deferred (3,239) 819 8,224
Property and other taxes 5,182 4,968 4,731
Total Operating Expenses 63,670 61,456 62,635
Operating income 19,925 18,955 19,600
Other income, net      
Allowance for funds used during construction (AFUDC) 1,410 622 334
Miscellaneous (expense) income 614 953 226
Total other income 2,024 1,575 560
Income before interest charges 21,949 20,530 20,160
Interest charges 7,024 6,252 6,177
Net income applicable to common stock $ 14,925 $ 14,278 $ 13,983
Income per common share:      
Basic (in dollars per share) $ 1.61 $ 1.55 $ 1.52
Diluted (in dollars per share) $ 1.60 $ 1.54 $ 1.51
Weighted average common shares outstanding:      
Basic (in shares) 9,277 9,239 9,175
Diluted (in shares) 9,326 9,293 9,242
Cash dividends per share of common stock (in dollars per share) $ 0.9837 $ 0.9549 $ 0.9269
Water Sales [Member]      
Operating revenues      
Total Operating Revenues $ 73,609 $ 70,829 $ 73,058
Other Utility Operating Revenue [Member]      
Operating revenues      
Total Operating Revenues 4,916 4,456 4,177
Non-Utility Operating Revenue [Member]      
Operating revenues      
Total Operating Revenues $ 5,070 $ 5,126 $ 5,000