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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Operating revenues      
Total Operating Revenues $ 107,952 $ 98,861 $ 98,897
Operating expenses      
Utility operating expenses 49,796 46,205 43,772
Non-utility operating expenses 4,743 4,428 6,850
Depreciation and amortization 13,629 13,335 12,620
State and federal income taxes expense (benefit)      
Current 6,737 2,962 4,285
Deferred 578 3,386 1,593
Property and other taxes 6,318 6,099 5,871
Total Operating Expenses 81,801 76,415 74,991
Operating income 26,151 22,446 23,906
Other income      
Allowance for funds used during construction (AFUDC) 1,643 2,002 1,329
Miscellaneous income 1,379 1,407 1,265
Total other income 3,022 3,409 2,594
Income before interest charges 29,173 25,855 26,500
Interest charges 8,779 9,156 8,502
Net income applicable to common stock $ 20,394 $ 16,699 $ 17,998
Net Income per common share:      
Basic (in dollars per share) $ 1.98 $ 1.67 $ 1.9
Diluted (in dollars per share) $ 1.98 $ 1.67 $ 1.9
Weighted average common shares outstanding:      
Basic (in shares) 10,294 10,018 9,462
Diluted (in shares) 10,296 10,022 9,481
Cash dividends per share of common stock (in dollars per share) $ 1.18 $ 1.14 $ 1.09
Water Sales [Member]      
Operating revenues      
Total Operating Revenues $ 88,079 $ 80,033 $ 78,318
Other Utility Operating Revenue [Member]      
Operating revenues      
Total Operating Revenues 13,129 12,195 11,506
Non-Utility Operating Revenue [Member]      
Operating revenues      
Total Operating Revenues $ 6,744 $ 6,633 $ 9,073