XML 73 R5.htm IDEA: XBRL DOCUMENT v3.26.1
STATEMENTS OF CHANGES IN COMMON SHAREHOLDER'S EQUITY - USD ($)
$ in Thousands
Total
Common Stock Including Additional Paid in Capital
Retained Earnings
GOLDEN STATE WATER COMPANY
GOLDEN STATE WATER COMPANY
Common Stock Including Additional Paid in Capital
GOLDEN STATE WATER COMPANY
Retained Earnings
Beginning Balance (in shares) at Dec. 31, 2024   38,151,000     173.7586  
Beginning balances at Dec. 31, 2024 $ 920,051 $ 355,143 $ 564,908 $ 805,833 $ 413,797 $ 392,036
Add:            
Net income 26,844   26,844 19,906   19,906
Issuance of Common Shares from an at-the-market program, net of issuance costs (in shares)   335,000        
Issuance of Common Shares from an at-the-market program, net of issuance costs 25,648 $ 25,648        
Issuances of Common Shares under stock-based compensation plans (in shares)   23,000        
Issuances of Common Shares under stock-based compensation plans 0 $ 0        
Stock-based compensation, net of taxes paid from shares withheld from employees related to net share settlements (Note 4) 1,626 1,626   1,634 1,634  
Dividend equivalent rights on stock-based awards not paid in cash 63 $ 63   57 $ 57  
Deduct:            
Dividends on Common Shares 17,762   17,762      
Dividend equivalent rights on stock-based awards not paid in cash 63   63 57   57
Ending Balances (in shares) at Mar. 31, 2025   38,509,000     173.7586  
Ending balances at Mar. 31, 2025 956,407 $ 382,480 573,927 827,373 $ 415,488 411,885
Beginning Balance (in shares) at Dec. 31, 2024   38,151,000     173.7586  
Beginning balances at Dec. 31, 2024 920,051 $ 355,143 564,908 805,833 $ 413,797 392,036
Add:            
Net income $ 60,534     48,046    
Issuances of Common Shares under stock-based compensation plans (in shares) 23,463          
Ending Balances (in shares) at Jun. 30, 2025   38,509,000     177.4086  
Ending balances at Jun. 30, 2025 $ 972,519 $ 382,900 589,619 887,836 $ 465,875 421,961
Beginning Balance (in shares) at Mar. 31, 2025   38,509,000     173.7586  
Beginning balances at Mar. 31, 2025 956,407 $ 382,480 573,927 827,373 $ 415,488 411,885
Add:            
Net income 33,690   33,690 28,140   28,140
Issuance costs from an at-the-market offering program (78) (78)        
Issuance of Common Shares from an at-the-market program, net of issuance costs (in shares)         3.6500  
Issuance of Common Shares from an at-the-market program, net of issuance costs       50,005 $ 50,005  
Stock-based compensation, net of taxes paid from shares withheld from employees related to net share settlements (Note 4) 426 426   318 318  
Dividend equivalent rights on stock-based awards not paid in cash 72 $ 72   64 $ 64  
Deduct:            
Dividends on Common Shares 17,926   17,926 18,000   18,000
Dividend equivalent rights on stock-based awards not paid in cash 72   72 64   64
Ending Balances (in shares) at Jun. 30, 2025   38,509,000     177.4086  
Ending balances at Jun. 30, 2025 972,519 $ 382,900 589,619 887,836 $ 465,875 421,961
Beginning Balance (in shares) at Dec. 31, 2025   39,082,000     178.3836  
Beginning balances at Dec. 31, 2025 1,045,581 $ 425,153 620,428 933,737 $ 478,494 455,243
Add:            
Net income 29,948   29,948 21,683   21,683
Issuance of Common Shares from an at-the-market program, net of issuance costs (in shares)   84,000        
Issuance of Common Shares from an at-the-market program, net of issuance costs 6,185 $ 6,185        
Issuances of Common Shares under stock-based compensation plans (in shares)   26,000        
Issuances of Common Shares under stock-based compensation plans 0 $ 0        
Stock-based compensation, net of taxes paid from shares withheld from employees related to net share settlements (Note 4) 1,830 1,830   1,873 1,873  
Dividend equivalent rights on stock-based awards not paid in cash 70 $ 70   63 $ 63  
Deduct:            
Dividends on Common Shares 19,699   19,699 19,700   19,700
Dividend equivalent rights on stock-based awards not paid in cash 70   70 63   63
Ending Balances (in shares) at Mar. 31, 2026   39,192,000     178.3836  
Ending balances at Mar. 31, 2026 1,063,845 $ 433,238 630,607 937,593 $ 480,430 457,163
Beginning Balance (in shares) at Dec. 31, 2025   39,082,000     178.3836  
Beginning balances at Dec. 31, 2025 1,045,581 $ 425,153 620,428 933,737 $ 478,494 455,243
Add:            
Net income $ 73,222     57,784    
Issuances of Common Shares under stock-based compensation plans (in shares) 26,023          
Ending Balances (in shares) at Jun. 30, 2026   39,635,000     178.3836  
Ending balances at Jun. 30, 2026 $ 1,121,480 $ 467,473 654,007 962,189 $ 480,797 481,392
Beginning Balance (in shares) at Mar. 31, 2026   39,192,000     178.3836  
Beginning balances at Mar. 31, 2026 1,063,845 $ 433,238 630,607 937,593 $ 480,430 457,163
Add:            
Net income 43,274   43,274 36,101   36,101
Issuance of Common Shares from an at-the-market program, net of issuance costs (in shares)   443,000        
Issuance of Common Shares from an at-the-market program, net of issuance costs 33,750 $ 33,750        
Stock-based compensation, net of taxes paid from shares withheld from employees related to net share settlements (Note 4) 406 406   295 295  
Dividend equivalent rights on stock-based awards not paid in cash 79 $ 79   72 $ 72  
Deduct:            
Dividends on Common Shares 19,795   19,795 11,800   11,800
Dividend equivalent rights on stock-based awards not paid in cash 79   79 72   72
Ending Balances (in shares) at Jun. 30, 2026   39,635,000     178.3836  
Ending balances at Jun. 30, 2026 $ 1,121,480 $ 467,473 $ 654,007 $ 962,189 $ 480,797 $ 481,392