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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Retail revenues $ 6,268,023 $ 6,064,016 $ 12,699,371 $ 12,540,620
Bulk revenues 8,488,850 8,043,921 16,717,365 15,734,323
Services revenues 122,912 119,204 246,676 249,456
Manufacturing revenues 992,430 1,056,047 1,545,198 2,435,895
Total revenues 15,872,215 15,283,188 31,208,610 30,960,294
Cost of retail revenues 2,722,650 2,722,890 5,484,204 5,407,176
Cost of bulk revenues 5,793,704 5,152,212 11,190,295 10,168,001
Cost of services revenues 104,069 103,753 238,940 205,919
Cost of manufacturing revenues 655,679 847,760 1,094,540 1,889,057
Total cost of revenues 9,276,102 8,826,615 18,007,979 17,670,153
Gross profit 6,596,113 6,456,573 13,200,631 13,290,141
General and administrative expenses 4,554,754 5,001,669 9,322,198 9,798,861
Loss on asset dispositions and impairments, net 650 997,006 1,990 987,406
Income from operations 2,040,709 457,898 3,876,443 2,503,874
Other income (expense):        
Interest income 170,102 108,881 331,223 231,072
Interest expense (2,876) (7,939) (4,630) (10,162)
Profit sharing income from OC-BVI 56,700 0 85,050 10,125
Equity in the earnings (losses) of OC-BVI 157,483 (37,824) 238,076 (10,958)
Net unrealized gain (loss) on put/call options 84,000 (13,000) (122,000) 152,000
Other (158,111) (31,829) (75,511) 39,991
Other income, net 307,298 18,289 452,208 412,068
Income before income taxes 2,348,007 476,187 4,328,651 2,915,942
Benefit from income taxes (48,878) (136,448) (126,266) (276,145)
Net income 2,396,885 612,635 4,454,917 3,192,087
Income (loss) attributable to non-controlling interests 208,692 (11,913) 174,199 (63,689)
Net income attributable to Consolidated Water Co. Ltd. stockholders $ 2,188,193 $ 624,548 $ 4,280,718 $ 3,255,776
Basic earnings per common share attributable to Consolidated Water Co. Ltd. common stockholders $ 0.15 $ 0.04 $ 0.29 $ 0.22
Diluted earnings per common share attributable to Consolidated Water Co. Ltd. common stockholders 0.14 0.04 0.28 0.22
Dividends declared per common share $ 0.085 $ 0.075 $ 0.17 $ 0.15
Weighted average number of common shares used in the determination of:        
Basic earnings per share 14,959,309 14,889,816 14,959,284 14,880,889
Diluted earnings per share 15,117,726 15,055,554 15,116,712 15,045,204