v3.26.1
Business Segment Data (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Segment Transactions
(In Thousands)
Three months ended June 30,Six months ended June 30,
2026202520262025
Operation by Segments
Operating Revenues:
Regulated$53,461 $46,267 $99,240 $87,763 
Non – Regulated3,235 3,251 6,325 6,204 
Total Reportable Segments56,696 49,518 105,565 93,967 
Inter-segment Elimination(339)(195)(494)(343)
Consolidated Operating Revenues$56,357 $49,323 $105,071 $93,624 
Operating Expenses
Purchased Water:
Regulated$2,135 $2,078 $4,076 $3,985 
Non – Regulated— — — — 
Total Reportable Segments2,135 2,078 4,076 3,985 
Inter-segment Elimination(212)(74)(247)(103)
Consolidated Purchased Water$1,923 $2,004 $3,829 $3,882 
Other Operations and Maintenance Expenses:
Regulated$21,413 $19,152 $40,402 $36,646 
Non – Regulated2,190 2,031 4,427 3,887 
Total Reportable Segments23,603 21,183 44,829 40,533 
Inter-segment Elimination(127)(121)(247)(240)
Consolidated Other Operations and Maintenance Expenses$23,476 $21,062 $44,582 $40,293 
Other Taxes:
Regulated$5,895 $5,576 $11,391 $10,626 
Non – Regulated73 $66 141 $124 
Consolidated Other Taxes$5,968 $5,642 $11,532 $10,750 
(In Thousands)
Three months ended June 30,Six months ended June 30,
Operation by Segments (continued)2026202520262025
Depreciation:
Regulated$6,686 $6,638 $13,649 $13,102 
Non – Regulated75 65 148 128 
Consolidated Depreciation$6,761 $6,703 $13,797 $13,230 
Operating Income:
Regulated$17,459 $12,943 $29,970 $23,644 
Non – Regulated770 969 1,361 1,825 
Consolidated Operating Income$18,229 $13,912 $31,331 $25,469 
Other Income:
Regulated$2,539 $2,019 $4,717 $3,921 
Non – Regulated18 38 43 93 
Total Reportable Segments2,557 2,057 4,760 4,014 
Inter-segment Elimination(209)(159)(409)(318)
Consolidated Other Income, Net2,348 1,898 4,351 3,696 
Income Taxes:
Regulated$1,526 $1,088 $2,599 $1,960 
Non – Regulated263 $321 475 $611 
Consolidated Income Taxes$1,789 $1,409 $3,074 $2,571 
Net Income:
Regulated$14,247 $10,092 $24,448 $18,951 
Non – Regulated525 $686 929 $1,307 
Consolidated Net Income$14,772 $10,778 $25,377 $20,258 
Capital Expenditures:
Regulated$32,750 $31,696 $53,324 $50,549 
Non – Regulated77 $28 144 $86 
Total Capital Expenditures$32,827 $31,724 $53,468 $50,635 
(Thousands of Dollars)
As of
June 30,
2026		As of
December 31,
2025
Assets:
Regulated$1,437,730 $1,377,391 
Non – Regulated8,829 9,076 
Total Reportable Segments1,446,559 1,386,467 
Inter-segment Elimination(23,077)(20,730)
Consolidated Assets$1,423,482 $1,365,737