CONNECTICUT WATER SERVICE INC / CT CTWS Income Statement

Connecticut water service inc / ct (CTWS)

Income statement / TTM

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
-	-	-	-	-	-	-	-	-	-	-	-	-	-	96,041	95,845	94,955	93,790	94,020	94,848	94,926	92,012	91,481	89,395	86,224	85,027	83,838	79,775	75,942	71,953	69,402	74,982	70,255	0	0	0
Operating Expenses
Operation and Maintenance
51,991	51,908	52,006	50,955	50,451	49,147	47,130	45,862	45,445	42,869	43,155	44,988	45,678	48,017	48,052	47,092	45,778	45,102	44,445	44,771	44,999	44,853	44,564	42,176	41,350	41,069	40,326	38,185	36,536	34,287	32,662	33,025	32,402	0	0	0
Depreciation
19,339	18,804	18,692	18,395	18,073	17,697	16,684	15,658	14,824	14,199	13,905	13,552	13,331	13,133	12,871	12,716	12,435	12,112	11,784	11,397	11,134	10,896	10,792	10,604	10,307	10,099	9,782	9,215	8,768	8,288	7,773	7,495	7,289	0	0	0
Income Taxes
-2,117	-1,789	-2,008	-2,120	-559	-1,810	-1,993	-210	774	1,987	2,570	588	652	516	-818	-5	774	2,161	3,596	5,034	4,631	5,310	5,944	6,484	6,923	6,571	6,422	5,751	7,227	6,843	6,966	8,986	6,532	0	0	0
Taxes Other Than Income Taxes
12,342	12,109	11,874	11,722	11,334	11,193	10,941	10,478	10,191	9,952	9,796	9,794	9,553	9,397	9,294	9,196	9,071	8,990	9,031	8,640	8,606	8,415	8,188	8,129	7,979	7,871	7,699	7,343	7,019	6,784	6,441	6,393	6,237	0	0	0
Organizational Review Charge
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Total Operating Expenses
81,555	81,032	80,564	78,952	79,299	76,227	72,762	71,788	71,234	69,007	69,426	68,922	69,214	71,063	69,399	68,999	68,058	68,365	68,856	69,842	69,370	69,474	69,488	67,393	66,559	65,610	64,229	60,494	59,550	56,202	53,842	56,719	53,280	0	0	0
Net Operating Revenues
38,254	37,494	36,101	43,156	38,684	36,682	34,292	34,319	31,999	30,152	29,241	80,358	60,335	44,029	26,642	26,846	26,897	25,425	25,164	25,006	25,556	22,538	21,993	22,002	19,665	19,417	19,609	19,281	16,392	15,751	15,560	18,263	16,975	0	0	0
Net Regulated Operating Revenue
0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Utility Income, Net of Taxes
1,045	1,010	1,078	920	984	926	824	860	756	754	744	685	780	797	797	884	806	803	833	841	858	835	856	784	833	842	812	841	823	845	847	819	767	0	0	0
Total Utility Operating Income
38,308	38,036	37,179	37,886	33,131	34,143	35,116	32,817	30,947	31,325	29,985	29,790	28,560	27,297	27,439	27,730	27,703	26,228	25,997	25,847	26,414	23,373	22,849	22,786	20,498	20,259	20,421	20,122	17,215	16,596	16,407	19,082	17,742	0	0	0
Gain (Loss) on Disposition of Oil and Gas and Timber Property
652	641	629	626	0	0	33	-23	-21	-21	-54	353	0	0	-	0	-	-	-	0	-	-	-	0	-	-	-	0	0	-	-	0	0	-	0	-
Other Income (Deductions), Net of Taxes
Non-Water Sales Earnings
1,869	1,897	1,807	1,622	1,405	1,305	1,167	1,079	1,008	1,082	1,219	1,336	1,451	1,420	1,394	1,302	1,384	1,407	1,471	1,549	1,552	1,530	1,483	1,555	1,503	1,460	1,424	1,305	1,272	1,158	1,001	898	802	0	0	0
Allowance for Funds Used During Construction
666	568	465	410	365	491	774	1,015	1,244	1,302	1,198	1,054	853	672	530	428	449	510	518	574	503	410	366	253	233	236	238	264	253	213	188	200	172	0	0	0
Business Combination, Acquisition Related Costs
8,263	8,483	10,819	7,892	5,789	3,523	392	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
242	-783	-1,442	-2,960	-2,680	-3,037	-2,803	-2,256	-2,369	-1,823	-1,743	-500	-418	-239	-214	-271	-382	-227	-202	-639	-51	-213	-292	35	-544	-731	-813	-976	-1,148	-807	-798	-460	-284	0	0	0
Total Other Income, Net of Taxes
-4,834	-6,160	-9,360	-8,206	-6,711	-3,994	-1,221	-741	-683	-662	318	1,890	2,235	2,202	2,059	1,856	1,501	1,740	1,837	1,488	1,997	1,720	1,550	1,836	1,161	1,916	1,800	1,606	1,535	740	567	745	683	0	0	0
Interest and Debt Expense
Interest on Long-Term Debt
10,493	10,457	10,387	10,432	10,055	9,555	9,054	8,481	8,315	8,039	7,714	7,426	7,116	7,049	7,087	7,029	7,041	7,046	7,023	7,080	7,141	7,164	7,200	7,245	7,343	7,479	7,612	6,942	6,159	5,373	4,602	4,583	4,603	0	0	0
Other Interest Charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-312	-45	575	540	569	623	651	696	688	0	0	0
Interest Income (Expense), Net
0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of Debt Expense
231	216	200	196	179	163	146	132	132	127	124	120	115	112	108	81	57	33	65	-12	-17	-185	-157	45	138	398	394	371	387	398	421	425	433	0	0	0
Total Interest and Debt Expense
12,257	11,716	11,124	10,675	10,362	9,620	8,841	8,101	7,470	7,126	6,916	6,826	6,721	6,693	6,737	6,658	6,583	6,532	6,515	6,507	6,589	6,451	6,130	6,664	7,169	7,832	8,581	7,853	7,115	6,394	5,674	5,704	5,724	0	0	0
Net Income (Loss) Attributable to Parent
21,217	20,160	16,695	19,017	16,070	19,759	25,054	23,963	22,782	24,307	23,387	24,854	24,074	22,806	22,761	22,928	22,621	21,436	21,319	20,828	21,822	18,642	18,269	17,958	14,490	14,343	13,640	13,875	11,635	10,942	11,300	14,123	12,701	0	0	0
Preferred Stock Dividend Requirement
0	1	10	19	29	38	38	38	38	38	38	38	38	38	38	38	38	38	38	38	38	38	38	38	38	38	38	38	38	38	38	39	39	0	0	0
Net Income Applicable to Common Stock
21,217	20,159	16,685	18,998	16,041	19,721	25,016	23,925	22,744	24,269	23,349	24,816	24,036	22,768	22,723	22,890	22,583	21,398	21,281	20,790	21,784	18,604	18,231	17,920	14,452	14,305	13,602	13,837	11,597	10,904	11,262	14,084	12,662	0	0	0
Weighted Average Common Shares Outstanding:
Basic (in shares)
11,969	11,961	11,958	11,951	11,883	11,861	11,860	11,816	11,343	11,139	11,025	11,014	11,004	10,992	10,979	10,970	10,957	10,924	10,914	10,901	10,886	10,868	10,851	10,834	10,818	10,803	9,045	8,689	8,667	8,650	8,638	8,621	8,600	8,579	8,542	8,522
Diluted (in shares)
12,064	12,059	12,051	12,045	12,082	12,080	12,073	12,041	11,568	11,364	11,244	11,233	11,222	11,211	11,184	11,170	11,156	11,144	11,116	11,101	11,085	11,061	11,023	11,006	10,988	10,965	9,184	8,829	8,805	8,781	8,747	8,728	8,710	8,694	8,645	8,624
Earnings Per Common Share:
Basic (in dollars per share)
0.48	0.19	-0.04	1.15	0.39	-0.10	0.14	0.92	0.75	0.36	0.07	0.86	0.90	0.29	0.20	0.80	0.79	0.28	0.21	0.78	0.69	0.27	0.17	0.87	0.40	0.24	0.16	0.69	0.48	0.22	0.21	0.43	0.41	0.26	0.54	0.28
Diluted (in dollars per share)
0.48	0.19	-0.04	1.13	0.39	-0.10	0.14	0.90	0.73	0.36	0.07	0.84	0.89	0.28	0.20	0.79	0.77	0.28	0.22	0.76	0.67	0.27	0.17	0.86	0.39	0.24	0.17	0.67	0.47	0.22	0.21	0.42	0.40	0.26	0.54	0.27
Dividends Per Common Share (in dollars per share)
0.32	0.31	-	0.31	0.31	0.29	-	0.29	0.29	0.28	-	0.28	0.28	0.26	-	0.26	0.25	0.25	-	0.25	0.24	0.24	-	0.24	0.24	0.24	-	0.24	0.23	0.23	-	0.23	0.23	0.23	0.23	0.22