v3.24.0.1
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]      
Operating revenue $ 794,632 $ 846,431 $ 790,909
Operations:      
Purchased water 223,833 224,529 225,020
Purchased power 45,656 44,566 37,112
Pump taxes 19,023 16,169 15,342
Administrative and general 142,235 132,718 126,686
Other operations 112,481 116,172 86,392
Maintenance 31,975 31,715 29,592
Depreciation and amortization 121,212 114,575 108,715
Income tax (benefit) expense (15,189) 3,262 2,805
Property and other taxes 36,271 35,065 32,475
Total operating expenses 717,497 718,771 664,139
Net operating income 77,135 127,660 126,770
Other income and expenses:      
Non-regulated revenue 18,509 21,276 22,761
Non-regulated expenses (11,807) (24,821) (17,234)
Other components of net periodic benefit credit 20,215 14,476 9,903
Allowance for equity funds used during construction 5,551 4,127 3,186
Gain on sale of non-utility property 0 0 94
Income tax expense on other income and expenses (8,408) (3,113) (1,287)
Net other income 24,060 11,945 17,423
Interest expense:      
Interest expense 52,809 46,686 44,980
Allowance for borrowed funds used during construction (2,990) (2,344) (1,766)
Net interest expense 49,819 44,342 43,214
Net income 51,376 95,263 100,979
Net loss attributable to noncontrolling interests (535) (748) (146)
Net income $ 51,911 $ 96,011 $ 101,125
Earnings per share:      
Basic (in dollars per share) $ 0.91 $ 1.77 $ 1.96
Diluted (in dollars per share) $ 0.91 $ 1.77 $ 1.96
Weighted average number of common shares outstanding:      
Basic (in shares) 56,952 54,320 51,633
Diluted (in shares) 56,983 54,363 51,633

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