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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Retail revenues $ 6,185,558 $ 5,570,654 $ 18,884,929 $ 18,111,274
Bulk revenues 8,577,456 7,881,464 25,294,821 23,615,787
Services revenues 807,424 111,302 1,054,100 360,758
Manufacturing revenues 3,253,750 3,008,783 4,798,948 5,444,678
Total revenues 18,824,188 16,572,203 50,032,798 47,532,497
Cost of retail revenues 2,750,599 2,488,441 8,234,803 7,895,617
Cost of bulk revenues 5,658,373 5,582,401 16,848,668 15,750,402
Cost of services revenues 682,713 114,667 921,653 320,586
Cost of manufacturing revenues 2,205,830 2,078,888 3,300,370 3,967,945
Total cost of revenues 11,297,515 10,264,397 29,305,494 27,934,550
Gross profit 7,526,673 6,307,806 20,727,304 19,597,947
General and administrative expenses 4,941,564 4,896,323 14,263,762 14,695,184
Loss on asset dispositions and impairments, net 12,415 578,480 14,405 1,578,480
Income from operations 2,572,694 833,003 6,449,137 3,324,283
Other income (expense):        
Interest income 172,805 70,741 504,028 301,813
Interest expense (2,492) (1,016) (7,122) (11,178)
Profit-sharing income from OC-BVI 536,625 36,450 621,675 46,575
Equity in the earnings of OC-BVI 1,472,154 138,913 1,710,230 127,955
Net unrealized gain (loss) on put/call options 75,000 171,000 (47,000) 323,000
Other 48,841 31,206 (26,670) 83,791
Other income, net 2,302,933 447,294 2,755,141 871,956
Income before income taxes 4,875,627 1,280,297 9,204,278 4,196,239
Provision for (benefit from) income taxes 12,659 (136,447) (113,607) (412,592)
Net income 4,862,968 1,416,744 9,317,885 4,608,831
Income attributable to non-controlling interests 310,579 255,605 484,778 191,916
Net income attributable to Consolidated Water Co. Ltd. stockholders $ 4,552,389 $ 1,161,139 $ 8,833,107 $ 4,416,915
Basic earnings per common share attributable to Consolidated Water Co. Ltd. common stockholders $ 0.30 $ 0.08 $ 0.59 $ 0.30
Diluted earnings per common share attributable to Consolidated Water Co. Ltd. common stockholders 0.30 0.08 0.58 0.29
Dividends declared per common share $ 0.085 $ 0.075 $ 0.255 $ 0.225
Weighted average number of common shares used in the determination of:        
Basic earnings per share 14,963,195 14,898,246 14,960,602 14,886,738
Diluted earnings per share 15,124,720 15,072,142 15,119,415 15,054,343