Earnings (Loss) Per Share of Common Stock

6 Months Ended

Jun. 30, 2021

Earnings (Loss) Per Share of Common Stock

The computations of basic and diluted earnings per share of common stock are noted in the table below. Basic earnings per share of common stock is computed by dividing the net income attributable to California Water Service Group by the weighted average number of common shares outstanding during the period. RSAs are included in the weighted average common shares outstanding because the shares have all the same voting and dividend rights as issued and unrestricted common stock. RSUs are not included in the basic and diluted shares calculation for financial reporting until authorized by the Organization & Compensation Committee of the Board of Directors.


	Three Months Ended June 30
	2021		2020
	(In thousands, except per share data)
Net income	$	38,076	$	5,281
Loss attributable to noncontrolling interests	149		—
Net income attributable to California Water Service Group	$	38,225	$	5,281
Weighted average common shares outstanding, basic	51,080		48,936
Weighted average common shares outstanding, dilutive	51,080		48,936
Earnings per share of common stock - basic	$	0.75	$	0.11
Earnings per share of common stock - diluted	$	0.75	$	0.11


	Six Months Ended June 30
	2021		2020
	(In thousands, except per share data)
Net income (loss)	$	35,044	$	(15,026)
Loss attributable to noncontrolling interests	149		—
Net income (loss) attributable to California Water Service Group	$	35,193	$	(15,026)
Weighted average common shares outstanding, basic	50,762		48,759
Weighted average common shares outstanding, dilutive	50,762		48,759
Earnings (loss) per share of common stock - basic	$	0.69	$	(0.31)
Earnings (loss) per share of common stock - diluted	$	0.69	$	(0.31)