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CONSOLIDATED STATEMENTS OF INCOME (USD $)
Share data in Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Operating Revenues    
Water $ 69,233,000 $ 66,201,000
Electric 10,734,000 10,813,000
Contracted services 30,585,000 29,878,000
Total operating revenues 110,552,000 106,892,000
Operating Expenses    
Water purchased 10,732,000 9,552,000
Power purchased for pumping 1,639,000 1,556,000
Groundwater production assessment 3,187,000 3,323,000
Power purchased for resale 3,680,000 3,191,000
Supply cost balancing accounts 1,371,000 3,437,000
Other operation expenses 5,454,000 7,426,000
Administrative and general expenses 17,907,000 16,829,000
Depreciation and amortization 9,816,000 10,490,000
Maintenance 3,934,000 3,331,000
Property and other taxes 4,148,000 4,105,000
ASUS construction expenses 20,733,000 20,285,000
Net gain on sale of property (12,000)  
Total operating expenses 82,589,000 83,525,000
Operating Income 27,963,000 23,367,000
Other Income and Expenses    
Interest expense (5,778,000) (6,070,000)
Interest income 187,000 215,000
Other, net 342,000 229,000
Total other income and expenses (5,249,000) (5,626,000)
Income from operations before income tax expense 22,714,000 17,741,000
Income tax expense 9,249,000 7,626,000
Net Income 13,465,000 10,115,000
Weighted Average Number of Common Shares Outstanding (in shares) 19,265 18,831
Basic Earnings Per Common Share (in dollars per share) $ 0.69 $ 0.53
Weighted Average Number of Diluted Shares (in shares) 19,311 18,973
Fully Diluted Earnings Per Common Share (in dollars per share) $ 0.69 $ 0.53
Dividends Declared Per Common Share (in dollars per share) $ 0.355 $ 0.280
GOLDEN STATE WATER COMPANY
   
Operating Revenues    
Water 69,233,000 66,201,000
Electric 10,734,000 10,813,000
Total operating revenues 79,967,000 77,014,000
Operating Expenses    
Water purchased 10,732,000 9,552,000
Power purchased for pumping 1,639,000 1,556,000
Groundwater production assessment 3,187,000 3,323,000
Power purchased for resale 3,680,000 3,191,000
Supply cost balancing accounts 1,371,000 3,437,000
Other operation expenses 4,797,000 6,649,000
Administrative and general expenses 14,234,000 13,696,000
Depreciation and amortization 9,522,000 10,220,000
Maintenance 3,493,000 2,940,000
Property and other taxes 3,716,000 3,743,000
Total operating expenses 56,371,000 58,307,000
Operating Income 23,596,000 18,707,000
Other Income and Expenses    
Interest expense (5,748,000) (6,009,000)
Interest income 178,000 210,000
Other, net 342,000 229,000
Total other income and expenses (5,228,000) (5,570,000)
Income from operations before income tax expense 18,368,000 13,137,000
Income tax expense 7,663,000 5,755,000
Net Income $ 10,705,000 $ 7,382,000