v3.25.2
STATEMENTS OF CHANGES IN COMMON SHAREHOLDER'S EQUITY - USD ($)
$ in Thousands
Total
Common Stock Including Additional Paid in Capital
Retained Earnings
GOLDEN STATE WATER COMPANY
GOLDEN STATE WATER COMPANY
Common Stock Including Additional Paid in Capital
GOLDEN STATE WATER COMPANY
Retained Earnings
Beginning Balance (in shares) at Dec. 31, 2023   36,981,000     171.0000  
Beginning balances at Dec. 31, 2023 $ 776,109 $ 263,179 $ 512,930 $ 703,828 $ 370,909 $ 332,919
Add:            
Net income 23,135   23,135 17,794    
Issuance of Common Shares from an at-the-market program, net of issuance costs (in shares)   228,000        
Issuance of Common Shares from an at-the-market offering program, net of issuance costs 15,584 $ 15,584        
Issuances of Common Shares under stock-based compensation plans (in shares)   20,000        
Issuances of Common Shares under stock-based compensation plans 0 $ 0        
Stock-based compensation, net of taxes paid from shares withheld from employees related to net share settlements (Note 4) 1,570 1,570   1,561    
Dividend equivalent rights on stock-based awards not paid in cash 44 $ 44   41    
Deduct:            
Dividends on Common Shares 15,905   15,905      
Dividend equivalent rights on stock-based awards not paid in cash 44   44 41    
Ending Balances (in shares) at Mar. 31, 2024   37,229,000     171.0000  
Ending balances at Mar. 31, 2024 800,493 $ 280,377 520,116 723,183 $ 372,511 350,672
Beginning Balance (in shares) at Dec. 31, 2023   36,981,000     171.0000  
Beginning balances at Dec. 31, 2023 776,109 $ 263,179 512,930 703,828 $ 370,909 332,919
Add:            
Net income $ 54,999     42,989   17,794
Issuances of Common Shares under stock-based compensation plans (in shares) 20,939          
Stock-based compensation, net of taxes paid from shares withheld from employees related to net share settlements (Note 4)         1,561  
Dividend equivalent rights on stock-based awards not paid in cash         $ 41  
Deduct:            
Dividend equivalent rights on stock-based awards not paid in cash           41
Ending Balances (in shares) at Jun. 30, 2024   37,457,000     171.0000  
Ending balances at Jun. 30, 2024 $ 833,477 $ 297,576 535,901 748,709 $ 372,892 375,817
Beginning Balance (in shares) at Mar. 31, 2024   37,229,000     171.0000  
Beginning balances at Mar. 31, 2024 800,493 $ 280,377 520,116 723,183 $ 372,511 350,672
Add:            
Net income 31,864   31,864 25,195   25,195
Issuance of Common Shares from an at-the-market program, net of issuance costs (in shares)   228,000        
Issuance of Common Shares from an at-the-market offering program, net of issuance costs 16,724 $ 16,724        
Stock-based compensation, net of taxes paid from shares withheld from employees related to net share settlements (Note 4) 420 420   331 331  
Dividend equivalent rights on stock-based awards not paid in cash 55 $ 55   50 $ 50  
Deduct:            
Dividends on Common Shares 16,024   16,024      
Dividend equivalent rights on stock-based awards not paid in cash 55   55 50   50
Ending Balances (in shares) at Jun. 30, 2024   37,457,000     171.0000  
Ending balances at Jun. 30, 2024 833,477 $ 297,576 535,901 748,709 $ 372,892 375,817
Beginning Balance (in shares) at Dec. 31, 2024   38,151,000     173.7586  
Beginning balances at Dec. 31, 2024 920,051 $ 355,143 564,908 805,833 $ 413,797 392,036
Add:            
Net income 26,844   26,844 19,906   19,906
Issuance of Common Shares from an at-the-market program, net of issuance costs (in shares)   335,000        
Issuance of Common Shares from an at-the-market offering program, net of issuance costs 25,648 $ 25,648        
Issuances of Common Shares under stock-based compensation plans (in shares)   23,000        
Issuances of Common Shares under stock-based compensation plans 0 $ 0        
Stock-based compensation, net of taxes paid from shares withheld from employees related to net share settlements (Note 4) 1,626 1,626   1,634 1,634  
Dividend equivalent rights on stock-based awards not paid in cash 63 $ 63   57 $ 57  
Deduct:            
Dividends on Common Shares 17,762   17,762      
Dividend equivalent rights on stock-based awards not paid in cash 63   63 57   57
Ending Balances (in shares) at Mar. 31, 2025   38,509,000     173.7586  
Ending balances at Mar. 31, 2025 956,407 $ 382,480 573,927 827,373 $ 415,488 411,885
Beginning Balance (in shares) at Dec. 31, 2024   38,151,000     173.7586  
Beginning balances at Dec. 31, 2024 920,051 $ 355,143 564,908 805,833 $ 413,797 392,036
Add:            
Net income $ 60,534     $ 48,046    
Issuance of Common Shares from an at-the-market program, net of issuance costs (in shares)       3.6500    
Issuance of Common Shares from an at-the-market offering program, net of issuance costs       $ 50,000    
Issuances of Common Shares under stock-based compensation plans (in shares) 23,463          
Ending Balances (in shares) at Jun. 30, 2025   38,509,000     177.4086  
Ending balances at Jun. 30, 2025 $ 972,519 $ 382,900 589,619 887,836 $ 465,875 421,961
Beginning Balance (in shares) at Mar. 31, 2025   38,509,000     173.7586  
Beginning balances at Mar. 31, 2025 956,407 $ 382,480 573,927 827,373 $ 415,488 411,885
Add:            
Net income 33,690   33,690 28,140   28,140
Issuance of Common Shares from an at-the-market program, net of issuance costs (in shares)         3.6500  
Issuance of Common Shares from an at-the-market offering program, net of issuance costs       50,005 $ 50,005  
Issuance costs from an at-the-market offering program (78) (78)        
Stock-based compensation, net of taxes paid from shares withheld from employees related to net share settlements (Note 4) 426 426   318 318  
Dividend equivalent rights on stock-based awards not paid in cash 72 $ 72   64 $ 64  
Deduct:            
Dividends on Common Shares 17,926   17,926 18,000   18,000
Dividend equivalent rights on stock-based awards not paid in cash 72   72 64   64
Ending Balances (in shares) at Jun. 30, 2025   38,509,000     177.4086  
Ending balances at Jun. 30, 2025 $ 972,519 $ 382,900 $ 589,619 $ 887,836 $ 465,875 $ 421,961