| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | |
|---|---|---|---|---|---|---|
REVENUES: | ||||||
Water services | ||||||
16,143 | 15,344 | 14,367 | 13,978 | 16,320 | 18,076 | |
Wastewater and recycled water services | ||||||
19,263 | 17,654 | 16,765 | 15,740 | 15,020 | 14,112 | |
Unregulated revenues | ||||||
65 | 2,517 | 76 | 81 | 616 | 371 | |
Total revenues | ||||||
35,500 | 35,515 | 31,208 | 29,799 | 31,956 | 32,559 | |
OPERATING EXPENSES: | ||||||
Operations and maintenance | ||||||
7,237 | 6,630 | 6,087 | 6,188 | 7,080 | 8,020 | |
Operations and maintenance - related party | ||||||
1,678 | 1,599 | 1,462 | 1,853 | 2,179 | 2,398 | |
General and administrative | ||||||
11,242 | 10,548 | 9,407 | 9,667 | 7,957 | 8,809 | |
Gain on regulatory order | ||||||
- | - | - | - | - | 50,664 | |
Depreciation and amortization | ||||||
8,353 | 7,469 | 6,908 | 6,279 | 8,213 | 9,205 | |
Total operating expenses | ||||||
28,510 | 26,246 | 23,864 | 23,987 | 25,429 | -22,232 | |
OPERATING INCOME | ||||||
6,961 | 9,269 | 7,344 | 5,812 | 6,527 | 54,791 | |
OTHER INCOME (EXPENSE): | ||||||
Interest income | ||||||
203 | 101 | 19 | 18 | 11 | 79 | |
Interest expense | ||||||
5,388 | 5,255 | 5,125 | 11,866 | 8,299 | 9,512 | |
Gain on condemnation of Valencia | ||||||
- | - | - | - | 42,983 | - | |
Other | ||||||
1,309 | 592 | 1,478 | 2,222 | 767 | 2,162 | |
Other - related party | ||||||
301 | 178 | 234 | 15 | -3 | 416 | |
Total other expense | ||||||
-3,575 | -4,384 | -3,394 | -9,611 | 35,459 | -6,855 | |
INCOME BEFORE INCOME TAXES | ||||||
3,386 | 4,885 | 3,950 | -3,799 | 41,986 | - | |
INCOME (LOSS) BEFORE INCOME TAXES | ||||||
- | - | - | - | - | 47,936 | |
INCOME TAX EXPENSE | ||||||
1,162 | 1,782 | -601 | -1,287 | 20,623 | -16,995 | |
NET INCOME | ||||||
2,224 | 3,103 | 4,551 | -2,512 | 21,363 | 64,931 | |
Basic earnings per common share | ||||||
0.10 | 0.15 | 0.23 | -0.13 | 1.17 | 3.54 | |
Diluted earnings per common share | ||||||
0.10 | 0.15 | 0.23 | -0.13 | 1.17 | 3.54 | |
Dividends declared per common share | ||||||
0.29 | 0.28 | 0.28 | 0.26 | 1.43 | 0.20 | |
Weighted average number of common shares used in the determination of: | ||||||
Basic | ||||||
21,516 | 20,468 | 19,605 | 19,146 | 18,297 | 18,329 | |
Diluted | ||||||
21,531 | 20,507 | 19,644 | 19,146 | 18,297 | 18,329 | |