American States Water Co AWR Income Statement

American states water co (AWR)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Operating Revenues
Water
71,424	71,718	95,249	88,140	64,723	66,424	87,689	76,733	64,412	67,275	91,919	80,734	66,404	64,944	90,617	81,058	66,312	72,153	97,273	87,581	71,504	72,983	96,700	86,232	70,757	72,897	93,932	84,069	69,233	67,564	90,976	81,157	66,201	66,403	89,570	80,151	64,326	82,634	72,816
Electric
10,968	9,515	11,996	7,408	10,629	8,802	7,875	7,841	9,832	7,861	7,994	7,612	10,502	9,351	8,146	7,701	10,573	9,235	7,946	7,889	10,969	6,989	8,614	8,328	10,456	10,429	8,849	8,397	10,734	9,298	8,549	8,373	10,813	9,097	8,744	7,710	10,724	7,917	7,845
Contracted services
26,685	31,760	27,251	29,099	26,381	35,779	28,618	22,327	20,484	29,044	24,505	24,849	21,904	32,505	25,043	23,195	16,642	28,727	27,756	19,148	18,460	29,906	33,013	21,081	20,732	26,590	28,133	28,229	30,585	34,679	34,368	25,052	29,878	20,568	21,395	21,968	19,257	20,749	14,815
Total operating revenues
109,077	112,993	134,496	124,647	101,733	111,005	124,182	106,901	94,728	104,180	124,418	113,195	98,810	106,800	123,806	111,954	93,527	110,115	132,975	114,618	100,933	109,878	138,327	115,641	101,945	109,916	130,914	120,695	110,552	111,541	133,893	114,582	106,892	96,068	119,709	109,829	94,307	111,300	95,476
Operating Expenses
Water purchased
14,092	17,026	23,361	18,762	13,140	16,847	21,842	16,608	13,607	17,683	20,576	17,937	12,106	15,177	19,631	15,835	13,799	15,893	18,127	16,415	12,291	12,466	17,837	16,263	11,224	12,282	19,246	16,670	10,732	11,753	18,874	13,831	9,552	9,851	16,094	12,924	8,661	15,693	13,564
Power purchased for pumping
1,859	2,098	3,042	1,982	1,538	1,830	3,217	2,231	1,693	1,851	2,913	2,157	1,597	1,911	2,988	2,132	1,632	1,866	2,982	2,123	2,017	2,252	3,914	2,570	1,964	2,133	3,414	2,332	1,639	1,713	3,067	2,019	1,556	1,756	3,141	2,165	1,536	3,459	2,047
Groundwater production assessment
4,148	4,942	5,634	4,640	3,746	4,294	5,961	4,534	4,651	4,462	5,870	4,931	3,375	3,843	4,482	3,968	2,700	2,991	3,146	4,122	3,389	3,766	4,291	4,853	3,540	3,875	4,656	3,823	3,187	3,504	3,923	3,982	3,323	3,243	3,795	3,886	2,626	3,311	2,664
Power purchased for resale
3,043	3,298	2,403	2,391	3,704	3,151	2,647	2,384	3,408	2,873	2,439	2,308	3,100	2,906	2,394	2,216	2,871	3,031	2,299	2,566	2,499	2,579	2,383	1,988	2,699	3,498	3,386	2,828	3,680	3,395	2,854	2,680	3,191	3,807	3,038	2,854	3,875	2,950	2,876
Supply cost balancing accounts
-2,165	-4,181	-2,680	1,207	-1,372	-4,539	-5,212	-2,029	-3,869	-6,276	-4,621	-5,293	-1,749	-2,061	-4,213	-2,517	-3,415	-668	4,824	1,816	1,813	2,455	3,179	-106	818	223	-1,003	-377	1,371	2,149	1,960	4,163	3,437	4,374	5,050	4,245	5,079	6,219	4,686
Other operation
8,486	8,210	8,267	7,708	8,571	7,525	8,355	7,782	7,988	8,005	7,657	8,172	6,160	6,926	7,448	6,917	6,966	7,851	7,056	7,362	6,160	7,298	6,958	7,085	6,947	8,609	7,185	6,519	5,454	8,119	7,394	6,851	7,426	7,051	7,398	6,946	6,917	7,788	7,262
Administrative and general
22,950	21,207	20,626	19,529	21,672	20,519	21,570	20,213	20,293	19,124	21,823	20,248	20,448	19,689	19,768	21,288	20,773	20,547	19,272	20,471	19,527	18,499	20,178	19,407	20,184	21,186	20,083	18,113	17,907	17,930	17,734	18,063	16,829	19,880	18,022	17,740	18,419	26,282	16,568
Depreciation, Depletion and Amortization
8,811	8,904	9,006	6,655	10,832	10,631	10,118	10,010	9,666	9,847	9,854	9,647	9,683	9,972	9,486	9,601	9,791	10,437	10,512	10,536	10,548	9,469	10,549	10,525	10,530	10,753	9,753	9,768	9,816	10,258	10,230	10,407	10,490	9,520	9,554	9,538	9,737	8,397	8,365
Maintenance
3,884	5,738	4,109	3,053	2,566	4,761	3,422	3,670	3,829	4,884	3,222	3,606	3,464	4,562	4,203	3,635	4,070	4,810	4,393	4,205	3,477	3,886	4,390	4,327	3,489	4,259	4,666	4,913	3,934	4,472	4,232	3,852	3,331	4,662	4,346	4,623	3,726	4,314	4,375
Property and other taxes
5,159	5,042	5,234	4,870	4,896	4,541	4,692	4,372	4,799	4,519	4,475	4,345	4,566	3,938	4,317	4,168	4,378	3,974	4,326	4,060	4,276	4,073	4,359	3,965	4,325	3,861	4,108	3,748	4,148	3,682	3,878	3,716	4,105	3,570	3,682	3,406	3,552	3,566	3,281
ASUS construction
13,115	16,002	12,894	14,532	12,245	18,738	13,620	11,576	9,972	15,249	11,693	11,412	11,484	18,369	13,685	12,937	8,729	17,499	14,853	10,412	10,046	17,717	20,430	13,764	13,457	17,574	19,256	19,064	20,733	23,444	23,332	14,896	20,285	12,804	13,169	12,491	12,184	12,424	8,633
Gain on sale of assets
4	17	124	112	0	-	25	18	-	-	17	8,301	-	-	0	0	-	-	-	-	-	-	36	-	-	-	0	0	12	-	65	3	-	-	-	128	-	-	-5
Total operating expenses
83,378	88,269	91,772	85,217	81,538	88,256	90,207	81,333	76,037	82,221	85,884	71,169	74,234	85,232	84,189	80,180	72,294	88,231	91,790	84,088	76,043	84,496	98,432	84,641	79,177	88,265	94,750	87,401	82,589	90,419	97,413	84,457	83,525	80,518	87,289	80,690	76,312	94,403	74,326
Operating Income (Loss)
25,699	24,724	42,724	39,430	20,195	22,749	33,975	25,568	18,691	21,959	38,534	42,026	24,576	21,568	39,617	31,774	21,233	21,884	41,185	30,530	24,890	25,382	39,895	31,000	22,768	21,651	36,164	33,294	27,963	21,122	36,480	30,125	23,367	15,550	32,420	29,139	17,995	16,897	21,150
Other Income and Expenses
Interest expense
6,050	5,708	6,279	6,282	6,317	5,514	5,948	6,048	5,923	4,976	5,775	5,926	5,905	5,036	5,730	5,603	5,623	4,849	5,484	5,527	5,228	4,693	5,519	5,778	5,627	5,017	5,852	5,768	5,778	4,957	6,018	5,720	6,070	4,874	6,194	6,869	5,744	4,963	5,870
Interest income
558	605	826	876	942	1,765	641	636	536	590	321	620	259	189	206	190	172	126	118	102	112	468	224	123	112	195	185	140	187	204	419	495	215	359	202	161	137	166	158
Other, net
-2,234	1,203	140	591	1,342	-1,084	1,223	579	42	599	434	379	626	649	254	437	181	352	-346	77	273	308	47	271	125	432	247	84	342	-4	219	-13	229	183	-170	-289	80	-553	-69
Total other income and expenses
-7,726	-3,900	-5,313	-4,815	-4,033	-4,833	-4,084	-4,833	-5,345	-3,787	-5,020	-4,927	-5,020	-4,198	-5,270	-4,976	-5,270	-4,371	-5,712	-5,348	-4,843	-3,917	-5,248	-5,384	-5,390	-4,390	-5,420	-5,544	-5,249	-4,757	-5,380	-5,238	-5,626	-4,332	-6,162	-6,997	-5,527	-5,350	-5,781
Income before income tax expense
17,973	20,824	37,411	34,615	16,162	17,916	29,891	20,735	13,346	18,172	33,514	37,099	19,556	17,370	34,347	26,798	15,963	17,513	35,473	25,182	20,047	21,465	34,647	25,616	17,378	17,261	30,744	27,750	22,714	16,365	31,100	24,887	17,741	11,218	26,258	22,142	12,468	11,547	15,369
Income Tax Expense (Benefit)
3,901	4,124	9,405	7,831	3,310	4,127	6,939	4,387	2,564	5,304	12,508	14,307	6,855	6,158	12,708	10,056	5,813	5,905	14,394	9,534	7,898	7,953	13,476	10,262	6,357	5,481	9,905	11,148	9,249	6,074	12,436	9,809	7,626	4,508	10,641	9,414	5,513	5,878	6,499
Net income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,710	15,617	12,728	6,955	5,669	8,870
Income from discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1	-18	3,234	634	983	105
Net Income (Loss) Attributable to Parent
14,072	16,700	28,006	26,784	12,852	13,789	22,952	16,348	10,782	12,868	21,006	22,792	12,701	11,212	21,639	16,742	10,150	11,608	21,079	15,648	12,149	13,512	21,171	15,354	11,021	11,780	20,839	16,602	13,465	10,291	18,664	15,078	10,115	6,709	15,599	15,962	7,589	6,652	8,975
Basic Earnings Per Common Share
Weighted Average Number of Common Shares Outstanding (in shares)
36,860	36,844	36,835	36,804	36,773	36,750	36,737	36,733	36,712	36,679	36,659	36,624	36,590	36,572	36,561	36,554	36,521	36,586	37,063	37,702	38,205	38,400	38,704	38,781	38,747	38,719	38,696	38,612	38,529	76,162	38,117	18,882	18,831	93,527	18,701	18,668	18,648	18,595	18,576
Income from continuing operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.76	0.83	0.68	0.37	0.31	0.47
Income from discontinued operations, net of tax (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.10	0.00	0.17	0.03	0.05	0.01
Basic Earnings Per Common Share (in dollars per share)
0.38	0.45	0.76	0.72	0.35	0.38	0.62	0.44	0.29	0.34	0.57	0.62	0.35	0.30	0.59	0.46	0.28	0.31	0.57	0.41	0.32	0.36	0.54	0.39	0.28	0.29	0.54	0.43	0.35	-0.39	0.49	0.79	0.53	-0.86	0.83	0.85	0.40	0.36	0.48
Fully Diluted Earnings Per Share
Weighted Average Number of Diluted Shares (in shares)
36,969	36,946	36,996	36,963	36,951	37,008	36,950	36,912	36,874	36,913	36,856	36,825	36,782	36,789	36,762	36,752	36,697	36,873	37,266	37,909	38,408	38,645	38,930	39,001	38,944	39,089	38,923	38,692	38,772	76,925	38,205	18,945	18,973	94,328	18,852	18,738	18,778	18,734	18,720
Income from continuing operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.77	0.83	0.68	0.37	0.30	0.47
Income from discontinued operations, net of tax (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.10	0.00	0.17	0.03	0.05	0.01
Fully Diluted Earnings Per Common Share (in dollars per share)
0.38	0.45	0.76	0.72	0.35	0.37	0.62	0.44	0.29	0.35	0.57	0.62	0.34	0.30	0.59	0.45	0.28	0.31	0.56	0.41	0.32	0.36	0.54	0.39	0.28	0.30	0.53	0.43	0.35	-0.39	0.48	0.79	0.53	-0.87	0.83	0.85	0.40	0.35	0.48
Dividends Declared Per Common Share (in dollars per share)
0.30	0.30	0.30	0.27	0.27	0.27	0.27	0.25	0.25	0.25	0.25	0.24	0.24	0.24	0.22	0.22	0.22	0.22	0.22	0.21	0.21	0.00	0.21	0.20	0.20	0.00	0.20	0.17	0.17	0.00	0.17	0.28	0.28	0.00	0.28	0.28	0.26	0.26	0.26
GOLDEN STATE WATER COMPANY
Water
71,424	71,718	95,249	88,140	64,723	66,424	87,689	76,733	64,412	67,275	91,919	80,734	66,404	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Electric
10,968	9,515	11,996	7,408	10,629	8,802	7,875	7,841	9,832	7,861	7,994	7,612	10,502	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating revenues
82,392	81,233	107,245	95,548	75,352	75,226	95,564	84,574	74,244	75,136	99,913	88,346	76,906	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Water purchased
14,092	17,026	23,361	18,762	13,140	16,847	21,842	16,608	13,607	17,683	20,576	17,937	12,106	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Power purchased for pumping
1,859	2,098	3,042	1,982	1,538	1,830	3,217	2,231	1,693	1,851	2,913	2,157	1,597	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Groundwater production assessment
4,148	4,942	5,634	4,640	3,746	4,294	5,961	4,534	4,651	4,462	5,870	4,931	3,375	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Power purchased for resale
3,043	3,298	2,403	2,391	3,704	3,151	2,647	2,384	3,408	2,873	2,439	2,308	3,100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Supply cost balancing accounts
-2,165	-4,181	-2,680	1,207	-1,372	-4,539	-5,212	-2,029	-3,869	-6,276	-4,621	-5,293	-1,749	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other operation
6,630	6,693	6,729	6,054	6,860	5,911	6,570	6,419	6,434	6,735	6,493	7,096	4,553	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Administrative and general
16,838	14,928	15,205	13,678	16,094	15,463	16,367	15,178	15,148	14,123	16,929	15,857	15,499	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation, Depletion and Amortization
8,029	8,087	8,359	6,006	9,989	10,008	9,623	9,430	9,334	9,511	9,509	9,394	9,438	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Maintenance
3,193	5,055	3,423	2,452	1,913	4,070	2,709	3,170	3,155	4,308	2,692	3,049	2,921	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property and other taxes
4,633	4,546	4,787	4,422	4,413	4,119	4,300	4,004	4,386	4,086	4,144	3,982	4,190	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
60,300	62,487	70,263	61,511	60,025	61,146	68,024	61,929	57,947	59,356	66,927	53,117	55,030	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Income (Loss)
22,092	18,746	36,982	34,037	15,327	14,080	27,540	22,645	16,297	15,780	32,986	35,229	21,876	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense
5,777	5,414	5,986	6,001	5,998	5,224	5,781	5,857	5,759	4,885	5,638	5,775	5,757	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest income
318	370	546	543	408	1,602	451	457	380	591	318	620	237	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
-2,203	1,127	203	545	1,405	-1,043	1,123	617	87	647	483	438	666	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total other income and expenses
-7,662	-3,917	-5,237	-4,913	-4,185	-4,665	-4,207	-4,783	-5,292	-3,647	-4,837	-4,717	-4,854	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income Tax Expense (Benefit)
3,228	2,848	8,383	6,826	2,120	1,860	5,414	4,214	2,115	4,824	10,813	12,149	6,273	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss) Attributable to Parent
11,202	11,981	23,362	22,298	9,022	7,555	17,919	13,648	8,890	7,309	17,336	18,363	10,749	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
GSWC
Gain on sale of assets
-	-	-	83	-	-	-	0	-	-	17	8,301	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income before income tax expense
14,430	14,829	31,745	29,124	11,142	9,415	23,333	17,862	11,005	12,133	28,149	30,512	17,022	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-