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Selected Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Data [Abstract]  
Quarterly Financial Information Registrant's business is seasonal, and it is management’s opinion that comparisons of earnings for the quarterly periods do not reflect overall trends and changes in Registrant’s operations.
 
 
AWR
 
 
For The Year Ended December 31, 2019
(in thousands, except per share amounts)
 
First
Quarter
 
Second
Quarter (1)
 
Third
Quarter (2)
 
Fourth
Quarter
 
Year
Operating revenues
 
$
101,733

 
$
124,647

 
$
134,496

 
$
112,993

 
$
473,869

Operating income
 
20,195

 
39,430

 
42,724

 
24,724

 
127,073

Net income
 
12,852

 
26,784

 
28,006

 
16,700

 
84,342

Basic earnings per share
 
0.35

 
0.72

 
0.76

 
0.45

 
2.28

Diluted earnings per share
 
0.35

 
0.72

 
0.76

 
0.45

 
2.28


 
 
GSWC
 
 
For The Year Ended December 31, 2019
(in thousands)
 
First
Quarter
 
Second
Quarter (1)
 
Third
Quarter (2)
 
Fourth
Quarter
 
Year
Operating revenues
 
$
75,352

 
$
95,548

 
$
107,245

 
$
81,233

 
$
359,378

Operating income
 
15,327

 
34,037

 
36,982

 
18,746

 
105,092

Net income
 
9,022

 
22,298

 
23,362

 
11,981

 
66,663


 
 
AWR
 
 
For The Year Ended December 31, 2018
(in thousands, except per share amounts)
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Year
Operating revenues
 
$
94,728

 
$
106,901

 
$
124,182

 
$
111,005

 
$
436,816

Operating income
 
18,691

 
25,568

 
33,975

 
22,749

 
100,983

Net income
 
10,782

 
16,348

 
22,952

 
13,789

 
63,871

Basic earnings per share *
 
0.29

 
0.44

 
0.62

 
0.37

 
1.73

Diluted earnings per share
 
0.29

 
0.44

 
0.62

 
0.37

 
1.72

 
 
GSWC
 
 
For The Year Ended December 31, 2018
(in thousands)
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Year
Operating revenues
 
$
74,244

 
$
84,574

 
$
95,564

 
$
75,226

 
$
329,608

Operating income
 
16,297

 
22,645

 
27,540

 
14,080

 
80,562

Net income
 
8,890

 
13,648

 
17,919

 
7,555

 
48,012

* The sum of the quarterly basic earnings per share amounts do not agree to the yearly total due to rounding.

(1)
The second quarter of 2019 includes approximately $4.0 million of operating income related to the first quarter of 2019 as a result of the final CPUC decision on the water general rate case, which was received in May 2019 and was retroactive to January 1, 2019.
(2)
The third quarter of 2019 includes the retroactive impact of the final decision on the electric general rate case approved by the CPUC in August 2019, which was retroactive to January 1, 2018. Included in the third quarter of 2019 results are approximately $1.4 million of pretax income related to the first two quarters of 2019 and approximately $2.3 million of pretax income related to 2018.