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CONSOLIDATED STATEMENTS OF INCOME (USD $)
Share data in Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Operating Revenues      
Water $ 305,898,000 $ 300,450,000 $ 291,617,000
Electric 37,033,000 36,275,000 35,799,000
Contracted services 123,977,000 83,188,000 72,360,000
Total operating revenues 466,908,000 419,913,000 399,776,000
Operating Expenses      
Water purchased 54,010,000 47,530,000 46,865,000
Power purchased for pumping 8,355,000 8,598,000 9,113,000
Groundwater production assessment 14,732,000 13,550,000 11,473,000
Power purchased for resale 12,120,000 13,574,000 13,078,000
Supply cost balancing accounts 11,709,000 18,748,000 20,622,000
Other operation expenses 29,790,000 28,312,000 29,107,000
Administrative and general expenses 70,556,000 74,061,000 86,266,000
Depreciation and amortization 41,385,000 38,349,000 37,405,000
Maintenance 15,887,000 17,357,000 18,149,000
Property and other taxes 15,381,000 14,210,000 14,165,000
ASUS construction expenses 81,957,000 50,648,000 40,357,000
Net gain on sale of property (68,000) (128,000) (643,000)
Total operating expenses 355,814,000 324,809,000 325,957,000
Operating Income 111,094,000 95,104,000 73,819,000
Other Income and Expenses      
Interest expense (22,765,000) (23,681,000) (21,636,000)
Interest income 1,333,000 859,000 2,406,000
Other 431,000 (196,000) (463,000)
Total other income and expenses (21,001,000) (23,018,000) (19,693,000)
Income from continuing operations before income tax expense 90,093,000 72,086,000 54,126,000
Income tax expense 35,945,000 30,076,000 23,035,000
Income from continuing operations 54,148,000 42,010,000 31,091,000
Income from discontinued operations, net of tax   3,849,000 2,106,000
Net Income 54,148,000 45,859,000 33,197,000
Basic Earnings Per Common Share      
Income from continuing operations (in dollars per share) $ 2.83 $ 2.24 $ 1.67
Income from discontinued operations, net of tax (in dollars per share)   $ 0.20 $ 0.11
Net Income (in dollars per share) $ 2.83 $ 2.44 $ 1.78
Fully Diluted Earnings Per Share      
Income from continuing operations (in dollars per share) $ 2.82 $ 2.23 $ 1.66
Income from discontinued operations, net of tax (in dollars per share)   $ 0.20 $ 0.11
Net Income (in dollars per share) $ 2.82 $ 2.43 $ 1.77
Weighted Average Number of Shares Outstanding (in shares) 18,999 18,693 18,585
Weighted Average Number of Diluted Shares (in shares) 19,131 18,837 18,736
Dividends Declared Per Common Share (in dollars per share) $ 1.27 $ 1.10 $ 1.04
GOLDEN STATE WATER COMPANY
     
Operating Revenues      
Water 305,898,000 300,450,000 291,617,000
Electric 37,033,000 36,275,000 35,799,000
Total operating revenues 342,931,000 336,725,000 327,416,000
Operating Expenses      
Water purchased 54,010,000 47,530,000 46,865,000
Power purchased for pumping 8,355,000 8,598,000 9,113,000
Groundwater production assessment 14,732,000 13,550,000 11,473,000
Power purchased for resale 12,120,000 13,574,000 13,078,000
Supply cost balancing accounts 11,709,000 18,748,000 20,622,000
Other operation expenses 26,938,000 24,579,000 25,424,000
Administrative and general expenses 60,139,000 61,582,000 72,582,000
Depreciation and amortization 40,197,000 37,461,000 36,600,000
Maintenance 14,356,000 14,702,000 15,840,000
Property and other taxes 13,835,000 12,851,000 12,658,000
Net gain on sale of property (65,000) (128,000) (640,000)
Total operating expenses 256,326,000 253,047,000 263,615,000
Operating Income 86,605,000 83,678,000 63,801,000
Other Income and Expenses      
Interest expense (22,609,000) (23,292,000) (21,215,000)
Interest income 1,293,000 801,000 1,914,000
Other 431,000 (394,000) (307,000)
Total other income and expenses (20,885,000) (22,885,000) (19,608,000)
Income from continuing operations before income tax expense 65,720,000 60,793,000 44,193,000
Income tax expense 26,500,000 25,971,000 19,083,000
Net Income $ 39,220,000 $ 34,822,000 $ 25,110,000