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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Operating revenues      
Total Operating Revenues $ 98,861 $ 98,897 $ 90,859
Operating expenses      
Utility operating expenses 46,205 43,772 41,414
Non-utility operating expenses 4,428 6,850 3,942
Depreciation and amortization 13,335 12,620 11,885
State and federal income taxes expense (benefit)      
Current 2,962 4,285 3,360
Deferred 3,386 1,593 2,377
Property and other taxes 6,099 5,871 5,587
Total Operating Expenses 76,415 74,991 68,565
Operating income 22,446 23,906 22,294
Other income      
Allowance for funds used during construction (AFUDC) 2,002 1,329 823
Miscellaneous (expense) income 1,407 1,265 1,302
Total other income 3,409 2,594 2,125
Income before interest charges 25,855 26,500 24,419
Interest charges 9,156 8,502 7,592
Net income applicable to common stock $ 16,699 $ 17,998 $ 16,827
Net Income per common share:      
Basic (in dollars per share) $ 1.67 $ 1.9 $ 1.79
Diluted (in dollars per share) $ 1.67 $ 1.9 $ 1.79
Weighted average common shares outstanding:      
Basic (in shares) 10,018 9,462 9,394
Diluted (in shares) 10,022 9,481 9,426
Cash dividends per share of common stock (in dollars per share) $ 1.14 $ 1.09 $ 1.05
Water Sales [Member]      
Operating revenues      
Total Operating Revenues $ 80,033 $ 78,318 $ 77,821
Other Utility Operating Revenue [Member]      
Operating revenues      
Total Operating Revenues 12,195 11,506 7,195
Non-Utility Operating Revenue [Member]      
Operating revenues      
Total Operating Revenues $ 6,633 $ 9,073 $ 5,843