v3.22.4
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]      
Operating revenue $ 846,431 $ 790,909 $ 794,307
Operations:      
Purchased water 224,529 225,020 230,076
Purchased power 44,566 37,112 34,006
Pump taxes 16,169 15,342 12,647
Administrative and general 132,718 126,686 117,058
Other operations 116,172 86,392 95,859
Maintenance 31,715 29,592 28,026
Depreciation and amortization 114,575 108,715 98,505
Income taxes 3,262 2,805 11,435
Property and other taxes 35,065 32,475 30,029
Total operating expenses 718,771 664,139 657,641
Net operating income 127,660 126,770 136,666
Other income and expenses:      
Non-regulated revenue 21,276 22,761 16,922
Non-regulated expenses (24,821) (17,234) (14,300)
Other components of net periodic benefit credit (cost) 14,476 9,903 (4,988)
Allowance for equity funds used during construction 4,127 3,186 4,976
Gain on sale of non-utility property 0 94 0
Income tax expense on other income and expenses (3,113) (1,287) (583)
Net other income 11,945 17,423 2,027
Interest expense:      
Interest expense 46,686 44,980 45,047
Allowance for borrowed funds used during construction (2,344) (1,766) (3,185)
Net interest expense 44,342 43,214 41,862
Net income 95,263 100,979 96,831
Net loss attributable to noncontrolling interests (748) (146) 0
Net income $ 96,011 $ 101,125 $ 96,831
Earnings per share:      
Basic (in dollars per share) $ 1.77 $ 1.96 $ 1.97
Diluted (in dollars per share) $ 1.77 $ 1.96 $ 1.97
Weighted average number of common shares outstanding:      
Basic (in shares) 54,320 51,633 49,274
Diluted (in shares) 54,363 51,633 49,274

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