SJW GROUP SJW Income Statement

Sjw group (SJW)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09
Revenues
420,482	397,699	389,225	339,706	305,082	319,668	276,869	261,547	238,955	215,638	216,097
OPERATING EXPENSE:
Purchased water
99,118	97,378	86,456	72,971	61,089	47,280	63,225	66,106	54,317	43,557	45,317
Power
7,443	6,180	7,295	6,102	6,121	9,865	7,619	5,796	5,394	6,429	6,582
Groundwater extraction charges
43,917	46,770	47,817	32,088	31,240	53,678	37,927	23,940	20,997	26,614	31,635
Other production expenses
25,291	18,398	16,571	14,470	12,178	11,929	12,073	11,445	11,345	10,702	10,074
Total production expenses
175,769	168,726	158,139	125,631	110,628	122,752	120,844	107,287	92,053	87,302	93,608
Administrative and general
66,301	48,933	48,940	41,529	47,131	40,573	43,714	42,812	39,136	38,184	35,445
Maintenance
20,505	18,414	18,361	18,361	14,956	14,474	13,548	13,350	13,261	12,242	13,172
Property taxes and other non-income taxes
19,068	14,975	13,642	12,123	11,667	11,086	10,317	9,703	8,921	7,907	8,549
Depreciation and amortization
65,592	54,601	48,292	44,625	40,740	37,905	35,039	33,098	31,193	28,331	25,643
Merger related expenses
15,768	18,610	0	0	-	-	-	-	-	-	-
Impairment on real estate investment
-	-	-	-	-	-	-	-	-	3,597	0
Utilities Operating Expense
363,003	324,259	287,374	242,269	225,122	226,790	223,462	206,250	184,564	177,563	176,417
Operating Income (Loss)
57,479	73,440	101,851	97,437	79,960	92,878	53,407	55,297	54,391	38,075	39,680
OTHER (EXPENSE) INCOME:
Interest on long-term debt and other interest expense
31,796	24,332	22,929	21,838	20,925	19,423	18,667	18,662	17,799	15,676	13,996
Pension non-service cost
3,158	2,356	3,772	4,321	-	-	-	-	-	-	-
Unrealized loss on California Water Service Group stock
0	-527	0	0	-	-	-	-	-	-	-
Gain on sale of California Water Service Group stock
0	104	0	3,197	0	2,017	0	0	-	18,966	0
Mortgage and other interest expense
-	-	-	-	1,261	1,365	1,255	1,523	1,876	2,007	1,974
(Loss) gain on sale of utility property
-20	9	12,499	0	0	-	-	-	-	-	0
Gain on sale of real estate investments
929	0	6,903	10,419	1,886	554	1,063	910	0	0	-
Interest Income, Money Market Deposits
6,536	155	0	-	-	-	-	-	-	-	-
Dividend income
-	-	-	-	174	189	246	243	238	1,185	1,298
Other, net
2,111	2,339	1,941	1,487	1,320	1,927	1,725	1,595	490	603	443
Income before income taxes
32,081	48,832	96,493	86,381	61,154	76,777	36,519	37,860	35,444	41,146	25,451
Income Tax Expense (Benefit)
8,454	10,065	35,393	33,542	23,272	24,971	14,135	15,542	14,566	16,740	10,280
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
23,627	38,767	61,100	52,839	37,882	-	-	-	-	-	-
Less net income attributable to the noncontrolling interest
224	0	1,896	0	0	-	-	-	-	-	-
Net Income (Loss) Attributable to Parent
23,403	38,767	59,204	52,839	37,882	51,806	22,384	22,318	20,878	24,406	15,171
Other comprehensive income, net of tax:
Other Comprehensive Income (Loss), Securities, Available-for-Sale, Unrealized Holding Gain (Loss) Arising During Period, after Tax
117	0	679	955	-206	301	1,077	36	-85	-44	-6,236
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), Reclassification Adjustment from AOCI, after Tax
-9	0	0	-	-	-	-	-	-	-	-
Reclassification adjustment for gain realized on investment, net of taxes of $1,198 in 2016
-	-	-	1,742	0	1,171	0	0	-	-10,784	0
SJW GROUP COMPREHENSIVE INCOME
23,529	38,767	59,883	52,052	37,676	50,936	23,461	22,354	20,793	13,578	8,935
SJW GROUP EARNINGS PER SHARE
Basic (usd per share)
0.82	1.83	2.89	2.59	1.86	2.56	1.13	1.20	1.12	1.32	0.82
Diluted (usd per share)
0.82	1.82	2.86	2.57	1.85	2.54	1.12	1.18	1.11	1.30	0.81
WEIGHTED AVERAGE SHARES OUTSTANDING
Basic (shares)
28,443	21,214	20,506	20,439	20,360	20,227	19,774	18,635	18,581	18,531	18,486
Diluted (shares)
28,562	21,332	20,685	20,588	20,515	20,416	19,971	18,839	18,794	18,742	18,680