10-Q Filing

ESSENTIAL UTILITIES, INC. CIK: 78128 Q1 2020

Filing Information

Form Type	10-Q
Accession Number	`0000078128-20-000009`
Period End Date	20200331
Filing Date	20200508
Fiscal Year	2020
Fiscal Period	Q1
XBRL Instance	wtrg-20200331x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 101 Income Statement 44 Cash Flow Statement 76 Stockholders Equity 35

Balance Sheet 101 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.50	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.50	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.50	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Property, plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$8.20B	USD	Point-in-time
Property, plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$10.80B	USD	Point-in-time
Less: accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.91B	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	248.23M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	223.87M	shares	Point-in-time
Less: accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.86B	USD	Point-in-time
Net property, plant and equipment	`PropertyPlantAndEquipmentNet`	$8.89B	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	3.19M	shares	Point-in-time
Net property, plant and equipment	`PropertyPlantAndEquipmentNet`	$6.35B	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	3.11M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$31.85M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.87B	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$67.14M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$179.57M	USD	Point-in-time
Unbilled revenues	`UnbilledReceivablesCurrent`	$40.48M	USD	Point-in-time
Unbilled revenues	`UnbilledReceivablesCurrent`	$83.98M	USD	Point-in-time
Inventory - materials and supplies	`InventoryRawMaterialsAndSupplies`	$22.22M	USD	Point-in-time
Inventory - materials and supplies	`InventoryRawMaterialsAndSupplies`	$18.38M	USD	Point-in-time
Inventory - gas stored	`EnergyRelatedInventoryNaturalGasInStorage`	$11.69M	USD	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$32.02M	USD	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$16.26M	USD	Point-in-time
Regulatory assets	`RegulatoryAssetsCurrent`	$5.11M	USD	Point-in-time
Regulatory assets	`RegulatoryAssetsCurrent`	$2.39M	USD	Point-in-time
Assets held for sale	`AssetsHeldForSaleNotPartOfDisposalGroupCurrent`	$1.56M	USD	Point-in-time
Assets held for sale	`AssetsHeldForSaleNotPartOfDisposalGroupCurrent`	$1.56M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$368.01M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.02B	USD	Point-in-time
Regulatory assets	`RegulatoryAssetsNoncurrent`	$875.74M	USD	Point-in-time
Regulatory assets	`RegulatoryAssetsNoncurrent`	$1.19B	USD	Point-in-time
Deferred charges and other assets, net	`DeferredCostsAndOtherAssets`	$61.75M	USD	Point-in-time
Deferred charges and other assets, net	`DeferredCostsAndOtherAssets`	$42.65M	USD	Point-in-time
Investment in joint venture	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$5.47M	USD	Point-in-time
Investment in joint venture	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$5.98M	USD	Point-in-time
Funds restricted for construction activity	`RestrictedCashAndCashEquivalentsNoncurrent`	$1.22M	USD	Point-in-time
Goodwill	`Goodwill`	$63.82M	USD	Point-in-time
Goodwill	`Goodwill`	$2.35B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$65.06M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$12.87M	USD	Point-in-time
Total assets	`Assets`	$12.93B	USD	Point-in-time
Total assets	`Assets`	$9.36B	USD	Point-in-time
Common stock at $0.50 par value, authorized 300,000,000 shares, issued 248,234,603 and 223,871,284 as of March 31, 2020 and December 31, 2019	`CommonStockValue`	$124.12M	USD	Point-in-time
Common stock at $0.50 par value, authorized 300,000,000 shares, issued 248,234,603 and 223,871,284 as of March 31, 2020 and December 31, 2019	`CommonStockValue`	$111.94M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$2.64B	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$3.36B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.21B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.21B	USD	Point-in-time
Treasury stock, at cost, 3,194,287 and 3,112,565 shares as of March 31, 2020 and December 31, 2019	`TreasuryStockValue`	$82.04M	USD	Point-in-time
Treasury stock, at cost, 3,194,287 and 3,112,565 shares as of March 31, 2020 and December 31, 2019	`TreasuryStockValue`	$77.70M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.01B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.88B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.61B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.99B	USD	Point-in-time
Long-term debt, excluding current portion	`DebtInstrumentCarryingAmountNoncurrent`	$2.97B	USD	Point-in-time
Long-term debt, excluding current portion	`DebtInstrumentCarryingAmountNoncurrent`	$4.76B	USD	Point-in-time
Less: debt issuance costs	`DeferredFinanceCostsNoncurrentNet`	$29.02M	USD	Point-in-time
Less: debt issuance costs	`DeferredFinanceCostsNoncurrentNet`	$28.39M	USD	Point-in-time
Long-term debt, excluding current portion, net of debt issuance costs	`LongTermDebtNoncurrent`	$4.73B	USD	Point-in-time
Long-term debt, excluding current portion, net of debt issuance costs	`LongTermDebtNoncurrent`	$2.94B	USD	Point-in-time
Commitments and contingencies (See Note 15)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (See Note 15)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$115.01M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$105.05M	USD	Point-in-time
Loans payable	`LoansPayableCurrentNotIncludedInCurrentPortionOfLongTermDebt`	$25.72M	USD	Point-in-time
Loans payable	`LoansPayableCurrentNotIncludedInCurrentPortionOfLongTermDebt`	$381.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$115.61M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$74.92M	USD	Point-in-time
Book overdraft	`BankOverdrafts`	$10.94M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$51.87M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$29.82M	USD	Point-in-time
Accrued taxes	`AccruedIncomeTaxesCurrent`	$41.88M	USD	Point-in-time
Accrued taxes	`AccruedIncomeTaxesCurrent`	$22.77M	USD	Point-in-time
Regulatory liabilities	`RegulatoryLiabilityCurrent`	$31.66M	USD	Point-in-time
Regulatory liabilities	`RegulatoryLiabilityCurrent`	$4.61M	USD	Point-in-time
Other accrued liabilities	`AccruedLiabilitiesCurrent`	$90.34M	USD	Point-in-time
Other accrued liabilities	`AccruedLiabilitiesCurrent`	$49.62M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$323.46M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$827.37M	USD	Point-in-time
Deferred income taxes and investment tax credits	`DeferredIncomeTaxLiabilitiesNet`	$1.19B	USD	Point-in-time
Deferred income taxes and investment tax credits	`DeferredIncomeTaxLiabilitiesNet`	$936.16M	USD	Point-in-time
Customers' advances for construction	`ContractWithCustomerLiabilityNoncurrent`	$99.45M	USD	Point-in-time
Customers' advances for construction	`ContractWithCustomerLiabilityNoncurrent`	$95.56M	USD	Point-in-time
Regulatory liabilities	`RegulatoryLiabilityNoncurrent`	$512.99M	USD	Point-in-time
Regulatory liabilities	`RegulatoryLiabilityNoncurrent`	$640.50M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$49.27M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$11.64M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$60.97M	USD	Point-in-time
Pension and other postretirement benefit liabilities	`PostemploymentBenefitsLiabilityNoncurrent`	$110.02M	USD	Point-in-time
Pension and other postretirement benefit liabilities	`PostemploymentBenefitsLiabilityNoncurrent`	$69.41M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$48.86M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$33.06M	USD	Point-in-time
Total deferred credits and other liabilities	`LiabilitiesNoncurrentLessLongTermDebt`	$2.20B	USD	Point-in-time
Total deferred credits and other liabilities	`LiabilitiesNoncurrentLessLongTermDebt`	$1.66B	USD	Point-in-time
Contributions in aid of construction	`ContributionsInAidOfConstruction`	$557.44M	USD	Point-in-time
Contributions in aid of construction	`ContributionsInAidOfConstruction`	$555.53M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$9.36B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$12.93B	USD	Point-in-time

Income Statement 44 line items

Line Item	Tag	Value	Unit	Period
Operating revenues	`Revenues`	$255.59M	USD	1 Quarter
Operating revenues	`Revenues`	$201.13M	USD	1 Quarter
Operations and maintenance	`UtilitiesOperatingExpenseMaintenanceAndOperations`	$106.64M	USD	1 Quarter
Operations and maintenance	`UtilitiesOperatingExpenseMaintenanceAndOperations`	$79.31M	USD	1 Quarter
Purchased gas	`UtilitiesOperatingExpenseGasAndPetroleumPurchased`	$12.77M	USD	1 Quarter
Depreciation	`Depreciation`	$39.07M	USD	1 Quarter
Depreciation	`Depreciation`	$45.57M	USD	1 Quarter
Amortization	`AdjustmentForAmortization`	$679.00K	USD	1 Quarter
Amortization	`AdjustmentForAmortization`	$336.00K	USD	1 Quarter
Taxes other than income taxes	`UtilitiesOperatingExpenseTaxes`	$16.44M	USD	1 Quarter
Taxes other than income taxes	`UtilitiesOperatingExpenseTaxes`	$14.97M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$133.69M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$182.09M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$67.44M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$73.50M	USD	1 Quarter
Interest expense	`InterestExpense`	$35.12M	USD	1 Quarter
Interest expense	`InterestExpense`	$27.87M	USD	1 Quarter
Interest income	`InterestIncomeOperating`	$5.04M	USD	1 Quarter
Interest income	`InterestIncomeOperating`	$19.00K	USD	1 Quarter
Allowance for funds used during construction	`PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions`	$2.95M	USD	1 Quarter
Allowance for funds used during construction	`PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions`	$4.06M	USD	1 Quarter
Change in fair value of interest rate swap agreements	`GainLossOnDerivativeInstrumentsNetPretax`	$-34.78M	USD	1 Quarter
Gain on sale of other assets	`GainLossOnSaleOfOtherAssets`	$220.00K	USD	1 Quarter
Gain on sale of other assets	`GainLossOnSaleOfOtherAssets`	$105.00K	USD	1 Quarter
Equity loss (earnings) in joint venture	`NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable`	$-543.00K	USD	1 Quarter
Equity loss (earnings) in joint venture	`NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable`	$127.00K	USD	1 Quarter
Other	`OtherNonoperatingIncomeExpense`	$-872.00K	USD	1 Quarter
Other	`OtherNonoperatingIncomeExpense`	$-1.68M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$8.75M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$44.66M	USD	1 Quarter
Provision for income tax benefit	`IncomeTaxExpenseBenefit`	$-8.17M	USD	1 Quarter
Provision for income tax benefit	`IncomeTaxExpenseBenefit`	$-7.12M	USD	1 Quarter
Net income	`NetIncomeLoss`	$51.78M	USD	1 Quarter
Net income	`NetIncomeLoss`	$16.92M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$51.78M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$16.92M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.22	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.09	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.09	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.20	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	236.12M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	178.21M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	255.05M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	178.55M	shares	1 Quarter

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Debt component of allowance for funds used during construction	`DebtComponentOfAllowanceForFundsUsedDuringConstruction`	$1.03M	USD	1 Quarter
Debt component of allowance for funds used during construction	`DebtComponentOfAllowanceForFundsUsedDuringConstruction`	$873.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$51.78M	USD	1 Quarter
Net income	`NetIncomeLoss`	$16.92M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$39.41M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$46.24M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-8.85M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-18.70M	USD	1 Quarter
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$803.00K	USD	1 Quarter
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$2.20M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$1.69M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$1.93M	USD	1 Quarter
Gain on sale of other assets	`GainLossOnSaleOfOtherAssets`	$220.00K	USD	1 Quarter
Gain on sale of other assets	`GainLossOnSaleOfOtherAssets`	$105.00K	USD	1 Quarter
Interest rate swap agreements	`UnrealizedGainLossOnInvestments`	$-34.78M	USD	1 Quarter
Interest rate swap agreements	`UnrealizedGainLossOnInvestments`	-	USD	1 Quarter
Net change in receivables, inventory and prepayments	`IncreaseDecreaseInInventoriesReceivablesAndPrepayments`	$-2.26M	USD	1 Quarter
Net change in receivables, inventory and prepayments	`IncreaseDecreaseInInventoriesReceivablesAndPrepayments`	$-22.92M	USD	1 Quarter
Net change in payables, accrued interest, accrued taxes and other accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-3.40M	USD	1 Quarter
Net change in payables, accrued interest, accrued taxes and other accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-7.53M	USD	1 Quarter
Pension and other postretirement benefits contributions	`IncreaseDecreaseInPensionAndPostretirementObligations`	$-3.95M	USD	1 Quarter
Pension and other postretirement benefits contributions	`IncreaseDecreaseInPensionAndPostretirementObligations`	$-36.00K	USD	1 Quarter
Other	`IncreaseDecreaseInOtherOperatingAssets`	$2.94M	USD	1 Quarter
Other	`IncreaseDecreaseInOtherOperatingAssets`	$404.00K	USD	1 Quarter
Net cash flows from operating activities	`NetCashProvidedByUsedInOperatingActivities`	$79.29M	USD	1 Quarter
Net cash flows from operating activities	`NetCashProvidedByUsedInOperatingActivities`	$95.52M	USD	1 Quarter
Property, plant and equipment additions, including the debt component of allowance for funds used during construction of $873 and $1,030	`PaymentsToAcquireBuildings`	$118.73M	USD	1 Quarter
Property, plant and equipment additions, including the debt component of allowance for funds used during construction of $873 and $1,030	`PaymentsToAcquireBuildings`	$133.79M	USD	1 Quarter
Acquisitions of utility systems, net	`PaymentsToAcquireWasteWaterSystems`	$3.45B	USD	1 Quarter
Acquisitions of utility systems, net	`PaymentsToAcquireWasteWaterSystems`	$469.00K	USD	1 Quarter
Net proceeds from the sale of other assets	`ProceedsFromSaleOfUtilitySystemAndOther`	$160.00K	USD	1 Quarter
Net proceeds from the sale of other assets	`ProceedsFromSaleOfUtilitySystemAndOther`	$242.00K	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-28.00K	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-462.00K	USD	1 Quarter
Net cash flows used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.56B	USD	1 Quarter
Net cash flows used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-133.56M	USD	1 Quarter
Customers' advances and contributions in aid of construction	`ProceedsFromAdvancesForConstructionFinancingActivities`	$1.46M	USD	1 Quarter
Customers' advances and contributions in aid of construction	`ProceedsFromAdvancesForConstructionFinancingActivities`	$1.86M	USD	1 Quarter
Repayments of customers' advances	`RepaymentsOfAdvancesForConstructionFinancingActivities`	$765.00K	USD	1 Quarter
Repayments of customers' advances	`RepaymentsOfAdvancesForConstructionFinancingActivities`	$1.06M	USD	1 Quarter
Net proceeds of short-term debt	`ProceedsFromRepaymentsOfShortTermDebt`	$174.28M	USD	1 Quarter
Net proceeds of short-term debt	`ProceedsFromRepaymentsOfShortTermDebt`	$17.11M	USD	1 Quarter
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$801.18M	USD	1 Quarter
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$118.00M	USD	1 Quarter
Repayments of long-term debt	`RepaymentsOfLongTermDebt`	$41.98M	USD	1 Quarter
Repayments of long-term debt	`RepaymentsOfLongTermDebt`	$11.51M	USD	1 Quarter
Change in cash overdraft position	`ProceedsFromRepaymentsOfBankOverdraftsLessShortTermDebt`	$-10.94M	USD	1 Quarter
Change in cash overdraft position	`ProceedsFromRepaymentsOfBankOverdraftsLessShortTermDebt`	$-3.86M	USD	1 Quarter
Issuance of common stock under dividend reinvestment plan	`ProceedsFromIssuanceOfCommonStock`	$4.04M	USD	1 Quarter
Issuance of common stock under dividend reinvestment plan	`ProceedsFromIssuanceOfCommonStock`	$4.06M	USD	1 Quarter
Issuance of common stock from private placement	`ProceedsFromOtherEquity`	$730.13M	USD	1 Quarter
Issuance of common stock from private placement	`ProceedsFromOtherEquity`	-	USD	1 Quarter
Proceeds from exercised stock options	`ProceedsFromStockOptionsExercised`	$1.18M	USD	1 Quarter
Proceeds from exercised stock options	`ProceedsFromStockOptionsExercised`	$950.00K	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$4.34M	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$1.86M	USD	1 Quarter
Dividends paid on common stock	`PaymentsOfDividendsCommonStock`	$52.20M	USD	1 Quarter
Dividends paid on common stock	`PaymentsOfDividendsCommonStock`	$39.01M	USD	1 Quarter
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-6.00K	USD	1 Quarter
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-13.00K	USD	1 Quarter
Net cash flows from financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.63B	USD	1 Quarter
Net cash flows from financing activities	`NetCashProvidedByUsedInFinancingActivities`	$54.70M	USD	1 Quarter
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.84B	USD	1 Quarter
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$426.00K	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.05M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.63M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.87B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$31.85M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.05M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.63M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.87B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$31.85M	USD	Point-in-time
Property, plant and equipment additions purchased at the period end, but not yet paid for	`CapitalExpendituresIncurredButNotYetPaid`	$55.88M	USD	1 Quarter
Property, plant and equipment additions purchased at the period end, but not yet paid for	`CapitalExpendituresIncurredButNotYetPaid`	$42.59M	USD	1 Quarter
Non-cash customer advances and contributions in aid of construction	`NonCashCustomerAdvancesAndContributionsInAidOfConstruction`	$8.64M	USD	1 Quarter
Non-cash customer advances and contributions in aid of construction	`NonCashCustomerAdvancesAndContributionsInAidOfConstruction`	$17.33M	USD	1 Quarter

Stockholders Equity 35 line items

Line Item	Tag	Value	Unit	Period
Dividend declared per common share	`CommonStockDividendsPerShareDeclared`	$0.22	USD	1 Quarter
Dividend declared per common share	`CommonStockDividendsPerShareDeclared`	$0.23	USD	1 Quarter
Issuance of common stock from private placement, shares	`StockIssuedDuringPeriodSharesNewIssues`	21.66M	shares	1 Quarter
Issuance of common stock from stock purchase contracts , shares	`StockIssuedDuringPeriodSharesPurchaseOfAssets`	2.34M	shares	1 Quarter
Issuance of common stock under dividend reinvestment plan, shares	`StockIssuedDuringPeriodSharesDividendReinvestmentPlan`	86,969.00	shares	1 Quarter
Issuance of common stock under dividend reinvestment plan, shares	`StockIssuedDuringPeriodSharesDividendReinvestmentPlan`	117,845.00	shares	1 Quarter
Repurchase of stock, shares	`StockRepurchasedDuringPeriodShares`	52,124.00	shares	1 Quarter
Repurchase of stock, shares	`StockRepurchasedDuringPeriodShares`	81,722.00	shares	1 Quarter
Equity compensation plan, shares	`ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod`	134,257.00	shares	1 Quarter
Equity compensation plan, shares	`ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod`	223,495.00	shares	1 Quarter
Exercise of stock options, shares	`StockIssuedDuringPeriodSharesStockOptionsExercised`	56,106.00	shares	1 Quarter
Exercise of stock options, shares	`StockIssuedDuringPeriodSharesStockOptionsExercised`	77,479.00	shares	1 Quarter
Balance	`StockholdersEquity`	$2.01B	USD	Point-in-time
Balance	`StockholdersEquity`	$3.88B	USD	Point-in-time
Balance	`StockholdersEquity`	$4.61B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.99B	USD	Point-in-time
Net income	`NetIncomeLoss`	$51.78M	USD	1 Quarter
Net income	`NetIncomeLoss`	$16.92M	USD	1 Quarter
Dividends declared	`DividendsCommonStockCash`	$39.01M	USD	1 Quarter
Dividends declared	`DividendsCommonStockCash`	$52.20M	USD	1 Quarter
Issuance of common stock from private placement	`StockIssuedDuringPeriodValueNewIssues`	$730.13M	USD	1 Quarter
Issuance of common stock under dividend reinvestment plan	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$4.04M	USD	1 Quarter
Issuance of common stock under dividend reinvestment plan	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$4.06M	USD	1 Quarter
Repurchase of stock	`TreasuryStockValueAcquiredCostMethod`	$4.34M	USD	1 Quarter
Repurchase of stock	`TreasuryStockValueAcquiredCostMethod`	$1.86M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.18M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$950.00K	USD	1 Quarter
Stock-based compensation	`TreasuryStockReissuedAtLowerThanRepurchasePriceShareBasedCompensation`	$1.97M	USD	1 Quarter
Stock-based compensation	`TreasuryStockReissuedAtLowerThanRepurchasePriceShareBasedCompensation`	$1.93M	USD	1 Quarter
Other	`AdjustmentsToAdditionalPaidInCapitalOther`	$-6.00K	USD	1 Quarter
Other	`AdjustmentsToAdditionalPaidInCapitalOther`	$-13.00K	USD	1 Quarter
Balance	`StockholdersEquity`	$2.01B	USD	Point-in-time
Balance	`StockholdersEquity`	$3.88B	USD	Point-in-time
Balance	`StockholdersEquity`	$4.61B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.99B	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.