$GWRS
Global Water Resources, Inc.

2016 Q4 Form 10-Q Financial Statement

#000156459016029077 Filed on November 14, 2016

View on sec.gov

Income Statement

Concept 2016 Q4 2016 Q3 2015 Q3
Revenue $7.214M $8.180M $8.143M
YoY Change 1.48% 0.45%
Cost Of Revenue $450.0K $470.0K $480.0K
YoY Change -4.26% -2.08%
Gross Profit $6.760M $7.710M $7.660M
YoY Change 1.81% 0.65%
Gross Profit Margin 93.71% 94.25% 94.07%
Selling, General & Admin $4.300M $3.300M $3.710M
YoY Change 21.47% -11.05%
% of Gross Profit 63.61% 42.8% 48.43%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.530M $1.524M $1.900M
YoY Change -8.93% -19.79% -72.58%
% of Gross Profit 22.63% 19.77% 24.8%
Operating Expenses $6.276M $5.293M $6.087M
YoY Change 20.23% -13.04%
Operating Profit $938.0K $2.887M $2.056M
YoY Change -33.76% 40.42%
Interest Expense -$1.270M $1.315M -$2.360M
YoY Change -29.44% -155.72%
% of Operating Profit -135.39% 45.55% -114.79%
Other Income/Expense, Net $440.0K -$802.0K $41.08M
YoY Change 158.82% -101.95%
Pretax Income $114.0K $2.085M $43.14M
YoY Change -138.0% -95.17%
Income Tax $66.00K $800.0K $21.23M
% Of Pretax Income 57.89% 38.37% 49.22%
Net Earnings $48.00K $1.285M $21.91M
YoY Change -260.0% -94.13%
Net Earnings / Revenue 0.67% 15.71% 269.0%
Basic Earnings Per Share $0.00 $0.07 $1.20
Diluted Earnings Per Share $0.00 $0.07 $1.20
COMMON SHARES
Basic Shares Outstanding 19.58M 19.58M shares 18.29M
Diluted Shares Outstanding 19.61M shares 18.29M

Balance Sheet

Concept 2016 Q4 2016 Q3 2015 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $20.50M $26.30M $16.80M
YoY Change 78.26% 56.55%
Cash & Equivalents $20.50M $26.28M $16.77M
Short-Term Investments
Other Short-Term Assets $800.0K $1.100M $5.300M
YoY Change -80.0% -79.25%
Inventory
Prepaid Expenses
Receivables $1.471M $3.400M $3.200M
Other Receivables $300.0K $300.0K $700.0K
Total Short-Term Assets $24.74M $31.10M $26.00M
YoY Change 32.19% 19.62%
LONG-TERM ASSETS
Property, Plant & Equipment $200.5M $196.3M $193.6M
YoY Change 3.26% 1.39%
Goodwill $0.00
YoY Change
Intangibles $12.77M
YoY Change 0.0%
Long-Term Investments $480.0K $500.0K $900.0K
YoY Change -41.53% -44.44%
Other Assets $13.59M $400.0K $11.60M
YoY Change -40.59% -96.55%
Total Long-Term Assets $214.1M $210.0M $218.9M
YoY Change -1.36% -4.07%
TOTAL ASSETS
Total Short-Term Assets $24.74M $31.10M $26.00M
Total Long-Term Assets $214.1M $210.0M $218.9M
Total Assets $238.8M $241.1M $244.9M
YoY Change 1.31% -1.55%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.791M $2.700M $1.400M
YoY Change 35.48% 92.86%
Accrued Expenses $7.602M $7.700M $8.000M
YoY Change 47.99% -3.75%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $100.0K $1.900M
YoY Change -100.0% -94.74%
Total Short-Term Liabilities $10.90M $12.40M $13.50M
YoY Change 2.23% -8.15%
LONG-TERM LIABILITIES
Long-Term Debt $115.0M $115.2M $106.6M
YoY Change 10.08% 8.07%
Other Long-Term Liabilities $913.0K $95.90M $97.00M
YoY Change 262.3% -1.13%
Total Long-Term Liabilities $212.9M $115.2M $203.6M
YoY Change 3.86% -43.42%
TOTAL LIABILITIES
Total Short-Term Liabilities $10.90M $12.40M $13.50M
Total Long-Term Liabilities $212.9M $115.2M $203.6M
Total Liabilities $223.8M $225.2M $223.1M
YoY Change 3.78% 0.94%
SHAREHOLDERS EQUITY
Retained Earnings -$4.175M
YoY Change 161.26%
Common Stock $19.16M
YoY Change -11.53%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $14.99M $15.90M $21.90M
YoY Change
Total Liabilities & Shareholders Equity $238.8M $241.1M $244.9M
YoY Change 1.31% -1.55%

Cashflow Statement

Concept 2016 Q4 2016 Q3 2015 Q3
OPERATING ACTIVITIES
Net Income $48.00K $1.285M $21.91M
YoY Change -260.0% -94.13%
Depreciation, Depletion And Amortization $1.530M $1.524M $1.900M
YoY Change -8.93% -19.79% -72.58%
Cash From Operating Activities -$270.0K $4.640M $4.480M
YoY Change -72.73% 3.57% -63.52%
INVESTING ACTIVITIES
Capital Expenditures -$4.080M -$1.880M -$1.170M
YoY Change 245.76% 60.68% 11.43%
Acquisitions
YoY Change
Other Investing Activities $30.00K $50.00K $54.96M
YoY Change -92.86% -99.91% 27380.0%
Cash From Investing Activities -$4.040M -$1.840M $53.79M
YoY Change 431.58% -103.42% -6354.65%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.470M -2.100M -45.06M
YoY Change -58.0% -95.34% 1058.35%
NET CHANGE
Cash From Operating Activities -270.0K 4.640M 4.480M
Cash From Investing Activities -4.040M -1.840M 53.79M
Cash From Financing Activities -1.470M -2.100M -45.06M
Net Change In Cash -5.780M 700.0K 13.21M
YoY Change 10.1% -94.7% 75.43%
FREE CASH FLOW
Cash From Operating Activities -$270.0K $4.640M $4.480M
Capital Expenditures -$4.080M -$1.880M -$1.170M
Free Cash Flow $3.810M $6.520M $5.650M
YoY Change 1905.26% 15.4% -57.61%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
3201000
gwrs Reclassification Of Deferred Initial Public Offering Costs To Equity
ReclassificationOfDeferredInitialPublicOfferingCostsToEquity
97000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1171000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
429000
dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
11513000
CY2015Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
64092000
CY2015Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
194152000
CY2015Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1132000
CY2016Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
19581266
CY2015Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
258244000
CY2015Q4 us-gaap Due From Affiliate Current
DueFromAffiliateCurrent
306000
CY2015Q4 us-gaap Accrued Fees And Other Revenue Receivable
AccruedFeesAndOtherRevenueReceivable
1745000
CY2015Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1179000
CY2016Q3 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
263000
CY2015Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
9042000
CY2015Q4 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
19730000
CY2015Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
1994000
CY2015Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
493000
CY2015Q4 us-gaap Liabilities Current
LiabilitiesCurrent
10663000
CY2015Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
102417000
CY2015Q4 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
7859000
CY2015Q4 us-gaap Customer Advances For Construction
CustomerAdvancesForConstruction
61480000
CY2015Q4 us-gaap Contributions In Aid Of Construction
ContributionsInAidOfConstruction
4426000
CY2015Q4 us-gaap Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
4688000
CY2015Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
4164000
CY2016Q3 us-gaap Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
934000
CY2015Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
252000
CY2015Q4 us-gaap Liabilities
Liabilities
215679000
CY2015Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
205016000
CY2015Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2016Q3 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
87000
CY2015Q4 us-gaap Common Stock Value
CommonStockValue
2000
CY2016Q3 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
8726747
CY2015Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
0
us-gaap Revenues
Revenues
24847000
gwrs Regulated Operating Revenue Waste Water And Recycled Water Services
RegulatedOperatingRevenueWasteWaterAndRecycledWaterServices
11243000
us-gaap Unregulated Operating Revenue
UnregulatedOperatingRevenue
466000
us-gaap Utilities Operating Expense Maintenance And Operations
UtilitiesOperatingExpenseMaintenanceAndOperations
5607000
gwrs Utilities Operating Expense Maintenance And Operations Related Party
UtilitiesOperatingExpenseMaintenanceAndOperationsRelatedParty
1712000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
5891000
us-gaap Depreciation
Depreciation
6526000
CY2016Q3 us-gaap Operating Expenses
OperatingExpenses
5515000
CY2015Q3 us-gaap Operating Expenses
OperatingExpenses
6087000
us-gaap Operating Expenses
OperatingExpenses
18033000
us-gaap Operating Expenses
OperatingExpenses
19736000
us-gaap Operating Income Loss
OperatingIncomeLoss
5111000
CY2016Q3 us-gaap Dividends Payable Current
DividendsPayableCurrent
448000
CY2016Q3 us-gaap Capital Leases Future Minimum Payments Interest Included In Payments
CapitalLeasesFutureMinimumPaymentsInterestIncludedInPayments
36000
CY2016Q3 us-gaap Operating Loss Carryforwards Valuation Allowance
OperatingLossCarryforwardsValuationAllowance
8500
CY2016Q3 us-gaap Long Term Debt
LongTermDebt
115000000
CY2015Q4 us-gaap Operating Loss Carryforwards Valuation Allowance
OperatingLossCarryforwardsValuationAllowance
8500
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.370
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.373
CY2016Q3 us-gaap Capital Leases Future Minimum Payments Remainder Of Fiscal Year
CapitalLeasesFutureMinimumPaymentsRemainderOfFiscalYear
153000
CY2016Q3 us-gaap Capital Leases Future Minimum Payments Due In Two Years
CapitalLeasesFutureMinimumPaymentsDueInTwoYears
127000
us-gaap Investment Income Interest
InvestmentIncomeInterest
8000
us-gaap Interest Expense
InterestExpense
6496000
CY2015Q3 us-gaap Gain Loss On Condemnation
GainLossOnCondemnation
43074000
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
CY2016Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
47422
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
47422
CY2016Q3 us-gaap Capital Leases Future Minimum Payments Due In Three Years
CapitalLeasesFutureMinimumPaymentsDueInThreeYears
75000
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P2Y
us-gaap Gain Loss On Condemnation
GainLossOnCondemnation
43074000
CY2015Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
402000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1866000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
564000
CY2015Q3 gwrs Other Non Operating Income Expense Related Party
OtherNonOperatingIncomeExpenseRelatedParty
-31000
gwrs Other Non Operating Income Expense Related Party
OtherNonOperatingIncomeExpenseRelatedParty
-70000
gwrs Other Non Operating Income Expense Related Party
OtherNonOperatingIncomeExpenseRelatedParty
29000
CY2015Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
41082000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-8787000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
37179000
CY2015Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
43138000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-4235000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
42290000
CY2015Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
21233000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1473000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
20897000
CY2015Q3 us-gaap Net Income Loss
NetIncomeLoss
21905000
us-gaap Net Income Loss
NetIncomeLoss
-2762000
us-gaap Net Income Loss
NetIncomeLoss
21393000
CY2015Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.20
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.15
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.17
CY2015Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.20
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.15
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.17
CY2015Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.24
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.20
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.37
CY2015Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
18287080
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
19000566
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
18310328
CY2015Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
18287080
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
19000566
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
18310328
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
5539000
us-gaap Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings
AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings
3730000
gwrs Adjustments To Additional Paid In Capital In Merger Of Liabilities And Deferred Compensation
AdjustmentsToAdditionalPaidInCapitalInMergerOfLiabilitiesAndDeferredCompensation
2893000
gwrs Adjustments To Additional Paid In Capital Deemed Distribution To Related Party
AdjustmentsToAdditionalPaidInCapitalDeemedDistributionToRelatedParty
648000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
383000
us-gaap Cumulative Effect On Retained Earnings Net Of Tax1
CumulativeEffectOnRetainedEarningsNetOfTax1
-65000
us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
1792000
us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
498000
CY2016Q3 us-gaap Capital Leases Future Minimum Payments Due In Four Years
CapitalLeasesFutureMinimumPaymentsDueInFourYears
31000
CY2016Q3 us-gaap Capital Leases Future Minimum Payments Due
CapitalLeasesFutureMinimumPaymentsDue
386000
CY2015Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
452000
CY2016Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
8.65
CY2016Q3 us-gaap Capital Leases Future Minimum Payments Present Value Of Net Minimum Payments
CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPayments
350000
CY2016Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
115200000
us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
2165000
CY2016Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
325000
us-gaap Gain Loss On Sale Of Commodity Contracts
GainLossOnSaleOfCommodityContracts
296000
us-gaap Disposal Group Not Discontinued Operation Loss Gain On Write Down
DisposalGroupNotDiscontinuedOperationLossGainOnWriteDown
54000
us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
282000
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
417000
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
158000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-333000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-212000
us-gaap Other Nonoperating Gains Losses
OtherNonoperatingGainsLosses
966000
us-gaap Other Nonoperating Gains Losses
OtherNonoperatingGainsLosses
-176000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
45000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
55000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1738000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
20865000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
422000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
28000
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
981000
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
1480000
us-gaap Increase Decrease In Accounts Payable And Other Operating Liabilities
IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities
-627000
us-gaap Increase Decrease In Accounts Payable And Other Operating Liabilities
IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities
-165000
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-91000
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-117000
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
16000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2168000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
5239000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4513000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2177000
gwrs Proceeds From Condemnation
ProceedsFromCondemnation
55198000
us-gaap Proceeds From Sales Of Business Affiliate And Productive Assets
ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets
2254000
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-119000
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
77000
gwrs Proceeds From Sale Of Contract
ProceedsFromSaleOfContract
296000
us-gaap Payments For Advance To Affiliate
PaymentsForAdvanceToAffiliate
12745000
us-gaap Proceeds From Collection Of Advance To Affiliate
ProceedsFromCollectionOfAdvanceToAffiliate
12227000
us-gaap Proceeds From Other Deposits
ProceedsFromOtherDeposits
13000
us-gaap Proceeds From Other Deposits
ProceedsFromOtherDeposits
7000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2127000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
52729000
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
115000000
us-gaap Repayments Of Debt
RepaymentsOfDebt
106695000
gwrs Proceeds Withdrawn From Bond Service Fund
ProceedsWithdrawnFromBondServiceFund
8825000
gwrs Proceeds Withdrawn From Bond Service Fund
ProceedsWithdrawnFromBondServiceFund
1001000
us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
8372000
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
2823000
gwrs Payment Of Acquisition Liability
PaymentOfAcquisitionLiability
2800000
us-gaap Payments For Loans
PaymentsForLoans
21719000
us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
108000
us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
72000
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
760000
us-gaap Proceeds From Advances For Construction
ProceedsFromAdvancesForConstruction
234000
us-gaap Proceeds From Advances For Construction
ProceedsFromAdvancesForConstruction
282000
us-gaap Payments Of Dividends
PaymentsOfDividends
3734000
us-gaap Payments Of Dividends
PaymentsOfDividends
26521000
us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
327000
us-gaap Repayments Of Advances For Construction
RepaymentsOfAdvancesForConstruction
783000
us-gaap Repayments Of Advances For Construction
RepaymentsOfAdvancesForConstruction
422000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
14728000
CY2016Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
2383000
CY2016Q2 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
7.50
us-gaap Stock Option Plan Expense
StockOptionPlanExpense
2100000
CY2016Q2 us-gaap Foreign Currency Exchange Rate Translation1
ForeignCurrencyExchangeRateTranslation1
0.7969
CY2016Q3 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
212000
us-gaap Interest Paid
InterestPaid
3491000
CY2015Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
2252000
CY2016Q3 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
138000
CY2015Q4 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
109000
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
6577000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-47778000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
14769000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
10190000
CY2015Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
16767000
CY2015Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
104700000
CY2016Q3 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
116300000
CY2015Q4 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
178000
CY2016Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
748000
CY2015 gwrs Revenue Threshold To Qualify Emerging Growth Company
RevenueThresholdToQualifyEmergingGrowthCompany
1000000000
CY2016Q2 us-gaap Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
100.68
CY2013Q3 gwrs Gross Amount To Be Received From Transfer Of Project Agreement
GrossAmountToBeReceivedFromTransferOfProjectAgreement
4100000
gwrs Proceeds From Transfer Of Project Agreement
ProceedsFromTransferOfProjectAgreement
2800000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3300000
CY2015Q2 gwrs Proceeds From Transfer Of Project Agreement
ProceedsFromTransferOfProjectAgreement
296000
gwrs Remaining Amount To Be Received From Transfer Of Project Agreement
RemainingAmountToBeReceivedFromTransferOfProjectAgreement
1000000
CY2016Q2 us-gaap Gain Loss On Condemnation
GainLossOnCondemnation
19400000
us-gaap New Accounting Pronouncement Or Change In Accounting Principle Effect Of Adoption Quantification
NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification
103000
gwrs New Accounting Pronouncement Or Change In Accounting Principle Effect Of Change On Equity Tax
NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfChangeOnEquityTax
38000
CY2016Q3 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
748000
CY2015Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
2200000
CY2012Q3 gwrs Number Of Utilities To Adjust Revenue Requirement
NumberOfUtilitiesToAdjustRevenueRequirement
7
CY2012Q3 us-gaap Public Utilities Requested Rate Increase Decrease Percentage
PublicUtilitiesRequestedRateIncreaseDecreasePercentage
0.28
us-gaap Public Utilities Approved Rate Increase Decrease Amount
PublicUtilitiesApprovedRateIncreaseDecreaseAmount
3600000
CY2016Q3 gwrs Collective Revenue Requirement Phase In Year One
CollectiveRevenueRequirementPhaseInYearOne
1083000
CY2016Q3 gwrs Collective Revenue Requirement Phase In Year Two
CollectiveRevenueRequirementPhaseInYearTwo
887000
CY2016Q3 gwrs Collective Revenue Requirement Phase In Year Three
CollectiveRevenueRequirementPhaseInYearThree
335000
CY2016Q3 gwrs Collective Revenue Requirement Phase In Year Four
CollectiveRevenueRequirementPhaseInYearFour
335000
CY2016Q3 gwrs Collective Revenue Requirement Phase In Year Five
CollectiveRevenueRequirementPhaseInYearFive
335000
CY2016Q3 gwrs Collective Revenue Requirement Phase In Year Six
CollectiveRevenueRequirementPhaseInYearSix
335000
CY2016Q3 gwrs Collective Revenue Requirement Phase In Year Seven
CollectiveRevenueRequirementPhaseInYearSeven
335000
CY2016Q3 gwrs Cumulative Revenue Requirement Increase In First Year
CumulativeRevenueRequirementIncreaseInFirstYear
1083000
CY2016Q3 gwrs Cumulative Revenue Requirement Increase In Second Year
CumulativeRevenueRequirementIncreaseInSecondYear
1970000
CY2016Q3 gwrs Cumulative Revenue Requirement Increase In Third Year
CumulativeRevenueRequirementIncreaseInThirdYear
2305000
CY2016Q3 gwrs Cumulative Revenue Requirement Increase In Fourth Year
CumulativeRevenueRequirementIncreaseInFourthYear
2640000
CY2016Q3 gwrs Cumulative Revenue Requirement Increase In Fifth Year
CumulativeRevenueRequirementIncreaseInFifthYear
2975000
CY2016Q3 gwrs Cumulative Revenue Requirement Increase In Sixth Year
CumulativeRevenueRequirementIncreaseInSixthYear
3310000
CY2016Q3 gwrs Cumulative Revenue Requirement Increase In Seventh Year
CumulativeRevenueRequirementIncreaseInSeventhYear
3645000
us-gaap Public Utilities Approved Return On Equity Percentage
PublicUtilitiesApprovedReturnOnEquityPercentage
0.095
gwrs Infrastructure Coordination And Financing Agreements Receipts Percentage Of Hook Up Fee Liability
InfrastructureCoordinationAndFinancingAgreementsReceiptsPercentageOfHookUpFeeLiability
0.70
gwrs Infrastructure Coordination And Financing Agreements Receipts Percentage Of Deferred Revenue
InfrastructureCoordinationAndFinancingAgreementsReceiptsPercentageOfDeferredRevenue
0.30
gwrs Infrastructure Coordination And Financing Agreements Receipts Fee Description
InfrastructureCoordinationAndFinancingAgreementsReceiptsFeeDescription
The Company is responsible for assuring the full HUF value is paid from ICFA proceeds, and recorded in its full amount, even if it results in recording less than 30% of the ICFA fee as deferred revenue.
CY2015Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
2233000
CY2016Q3 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
115000000
CY2015Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
116700000
CY2014 gwrs Reversal Of Regulatory Liability
ReversalOfRegulatoryLiability
3400000
gwrs Percentage Of Regulatory Liability Non Current
PercentageOfRegulatoryLiabilityNonCurrent
0.70
CY2016Q3 us-gaap Accounts Receivable Gross
AccountsReceivableGross
1608000
us-gaap Regulatory Asset Amortization Period
RegulatoryAssetAmortizationPeriod
P3Y
CY2010Q1 gwrs Intangible Assets Offset By Regulatory Liability
IntangibleAssetsOffsetByRegulatoryLiability
11200000
CY2014 gwrs Percentage Reversal Of Regulatory Liability
PercentageReversalOfRegulatoryLiability
0.30
CY2015Q4 us-gaap Accounts Receivable Gross
AccountsReceivableGross
1326000
CY2016Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
99000
CY2015Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
194000
CY2016Q3 us-gaap Accounts Receivable Net
AccountsReceivableNet
1509000
CY2015Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
1132000
CY2014Q4 us-gaap Sale Of Stock Percentage Of Ownership After Transaction
SaleOfStockPercentageOfOwnershipAfterTransaction
0.080
CY2014Q4 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1000000
CY2016Q3 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
1545000
CY2015Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
1545000
CY2016Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
25384000
CY2016Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
14157000
CY2016Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
11227000
CY2015Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
25384000
CY2015Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
14157000
CY2015Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
11227000
CY2016Q3 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
26929000
CY2015Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
26929000
CY2016Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
0
CY2015Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
0
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
0
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
0
CY2016Q3 gwrs Employee Medical Claims Paid
EmployeeMedicalClaimsPaid
60000
CY2015Q3 gwrs Employee Medical Claims Paid
EmployeeMedicalClaimsPaid
116000
gwrs Employee Medical Claims Paid
EmployeeMedicalClaimsPaid
461000
gwrs Employee Medical Claims Paid
EmployeeMedicalClaimsPaid
306000
CY2016Q3 us-gaap Interest Payable Current
InterestPayableCurrent
1662000
CY2015Q4 us-gaap Interest Payable Current
InterestPayableCurrent
877000
CY2016Q3 us-gaap Deferred Compensation Liability Current
DeferredCompensationLiabilityCurrent
1368000
CY2015Q4 us-gaap Deferred Compensation Liability Current
DeferredCompensationLiabilityCurrent
598000
CY2016Q3 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
518000
CY2015Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
958000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Rights
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingRights
The options vest over a two-year period, with 50% vesting on May 2017 and 50% vesting on May 2018.
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod
P3Y
us-gaap Interest Paid
InterestPaid
3946000

Files In Submission

Name View Source Status
0001564590-16-029077-index-headers.html Edgar Link pending
0001564590-16-029077-index.html Edgar Link pending
0001564590-16-029077.txt Edgar Link pending
0001564590-16-029077-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
g201611140934402132737.jpg Edgar Link pending
gwrs-10q_20160930.htm Edgar Link pending
gwrs-20160930.xml Edgar Link completed
gwrs-20160930.xsd Edgar Link pending
gwrs-20160930_cal.xml Edgar Link unprocessable
gwrs-20160930_def.xml Edgar Link unprocessable
gwrs-20160930_lab.xml Edgar Link unprocessable
gwrs-20160930_pre.xml Edgar Link unprocessable
gwrs-ex311_7.htm Edgar Link pending
gwrs-ex312_8.htm Edgar Link pending
gwrs-ex321_6.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending