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Earnings Per Share / Capital Stock (Tables)
12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
Schedule of reconciliation of Registrant's net income and weighted average Common Shares outstanding for calculating basic net income per share
The following is a reconciliation of Registrant’s net income and weighted average Common Shares outstanding used to calculate basic EPS:
Basic:For The Years Ended December 31,
(in thousands, except per share amounts)202320222021
Net income$124,921 $78,396 $94,347 
Less: impact from participating securities372 197 244 
Total income available to common shareholders$124,549 $78,199 $94,103 
Weighted average Common Shares outstanding, basic36,97636,955 36,921 
Basic earnings per Common Share$3.37 $2.12 $2.55 
Schedule of reconciliation of Registrant's net income and weighted average Common Shares outstanding for calculating diluted net income per share
The following is a reconciliation of Registrant’s net income and weighted average Common Shares outstanding used to calculate diluted EPS:
Diluted:For The Years Ended December 31,
(in thousands, except per share amounts)202320222021
Common shareholders earnings, basic$124,549 $78,199 $94,103 
Undistributed earnings for dilutive stock options and restricted stock units189 55 110 
Total common shareholders earnings, diluted$124,738 $78,254 $94,213 
Weighted average Common Shares outstanding, basic36,976 36,955 36,921 
Stock-based compensation (1)
101 84 89 
Weighted average Common Shares outstanding, diluted37,077 37,039 37,010 
   
Diluted earnings per Common Share$3.36 $2.11 $2.55 
(1)         In applying the treasury stock method of reflecting the dilutive effect of outstanding stock-based compensation in the calculation of diluted EPS, 115,684, 96,988 and 100,020 restricted stock units, including performance awards to officers of AWR, at December 31, 2023, 2022 and 2021, respectively, were deemed to be outstanding in accordance with accounting guidance on earnings per share.