v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Income Statement [Abstract]    
Operating revenue $ 214,573 $ 203,973
Operations:    
Water production costs 71,329 62,991
Administrative and general 33,686 34,174
Other operations 31,233 28,836
Maintenance 8,366 7,668
Depreciation and amortization 39,964 35,956
Income tax expense 74 1,035
Property and other taxes 11,757 10,968
Total operating expenses 196,409 181,628
Net operating income 18,164 22,345
Other income and expenses:    
Non-regulated revenue 5,221 5,081
Non-regulated expenses (5,457) (3,466)
Other components of net periodic benefit credit 3,972 4,800
Allowance for equity funds used during construction 2,079 1,797
Income tax expense on other income and expenses (1,391) (1,703)
Net other income 4,424 6,509
Interest expense:    
Interest expense 19,619 16,509
Allowance for borrowed funds used during construction (1,068) (857)
Net interest expense 18,551 15,652
Net income 4,037 13,202
Net loss attributable to noncontrolling interest 0 (129)
Net income attributable to California Water Service Group $ 4,037 $ 13,331
Earnings per share:    
Basic (in dollars per share) $ 0.07 $ 0.22
Diluted (in dollars per share) $ 0.07 $ 0.22
Weighted average shares outstanding:    
Basic (in shares) 59,699 59,511
Diluted (in shares) 59,771 59,566

Source

10-Q PDF XBRL Zip