Discontinued Operations: (Tables)

12 Months Ended

Dec. 31, 2013

Discontinued Operations and Disposal Groups [Abstract]

Summary of discontinued operations presented in the consolidated statements of income

A summary of discontinued operations presented in the consolidated statements of income for the year ended December 31, 2011 is as follows (in thousands):

Operating revenues	$	3,492
Supply costs and other operating expenses	1,420
Gain on settlement for removal of a well	(760		)
Operating income (1)	2,832
Interest expense, net	(142		)
Income before income taxes	2,690
Income tax expense (2)	1,078
Income from the operations of discontinued operations, net of tax	1,612
Gain on sale of business, net of tax	2,454
Transaction costs, net of taxes (3)	(217		)
Income from discontinued operations (4)	$	3,849

(1) In accordance with the accounting guidance relating to assets held for sale, Registrant ceased recording depreciation expense for CCWC as of June 2010.

(2) Income tax expense does not include the effects of CCWC’s inclusion in the AWR combined California unitary return, which are included in, and do not materially affect, the income tax expense of continuing operations.

(3) Included in discontinued operations for the year ended December 31, 2011 are direct transaction costs of $449,000 for legal and consulting services in connection with the sale of CCWC.

(4) The 2011 financial results for CCWC represent activity for the five months ended May 31, 2011. Corporate overhead costs allocated to CCWC have been excluded from discontinued operations. The majority of these costs continue to be incurred, primarily at GSWC. Accordingly, these corporate overhead costs have been included in other operating expenses and administrative and general expenses as part of continuing operations in the consolidated statements of income. Such costs allocated to CCWC that have been reflected as part of continuing operations amounted to $356,000 for the year ended December 31, 2011.