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QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)
12 Months Ended
Dec. 31, 2018
Quarterly Financial Data [Abstract]  
Schedule of Quarterly Financial Data (Unaudited)
The Company's common stock is traded on the New York Stock Exchange under the symbol "CWT." The four quarters of 2017 were adjusted for an immaterial computational error that understated operating revenue (see Note 17). Additionally, the quarterly financial data for the first three quarters of 2018 were also adjusted to reflect the correction of the immaterial computational error that understated operating revenue for the first 9 months of 2018. The Company intends to correct this error prospectively in subsequent quarterly filings.
2018
First
 
Second
 
Third
 
Fourth
 
As Previously Reported
As Corrected
 
As Previously Reported
As Corrected
 
As Previously Reported
As Corrected
 
 
Operating revenue
$
132,247

$
134,553

 
$
172,632

$
174,938

 
$
218,983

$
221,288

 
$
167,417

Net operating income
8,053

9,836

 
25,056

26,839

 
45,548

47,329

 
26,536

Net (loss) income
(2,545
)
(762
)
 
13,022

14,805

 
34,392

36,173

 
15,368

Diluted (loss) earnings per share
(0.05
)
(0.02
)
 
0.27

0.31

 
0.72

0.75

 
0.32

Common stock market price range:
 
 
 
 
 
 
 
 
 
 
High
45.85

45.85

 
41.65

41.65

 
42.95

42.95

 
49.07

Low
35.25

35.25

 
35.60

35.60

 
38.85

38.85

 
40.10

Dividends paid per common share
0.1875

0.1875

 
0.1875

0.1875

 
0.1875

0.1875

 
0.1875


2017
First
 
Second
 
Third
 
Fourth
 
As Previously Reported
As Corrected
 
As Previously Reported
As Corrected
 
As Previously Reported
As Corrected
 
As Adjusted
As Corrected
Operating revenue
$
122,036

$
124,342

 
$
171,132

$
173,438

 
$
211,731

$
214,037

 
$
161,991

$
164,296

Net operating income (a)
10,553

11,993

 
26,671

28,111

 
42,462

43,902

 
21,638

23,077

Net income
1,132

2,572

 
18,531

19,971

 
33,849

35,289

 
13,669

15,108

Diluted earnings per share
0.02

0.05

 
0.39

0.42

 
0.70

0.74

 
0.29

0.31

Common stock market price range:
 
 
 
 
 
 
 
 
 
 
 
High
37.60

37.60

 
39.40

39.40

 
39.65

39.65

 
46.15

46.15

Low
32.45

32.45

 
32.75

32.75

 
36.30

36.30

 
38.15

38.15

Dividends paid per common share
0.1800

0.1800

 
0.1800

0.1800

 
0.1800

0.1800

 
0.1800

0.1800


_______________________________________________________________________________
(a)
The 2017 net operating income reflects the retrospective adoption of ASU 2017-07 (see Note 2). The Company adopted this guidance effective January 1, 2018.