2018 Q4 Form 10-K Financial Statement

#000117494720000248 Filed on February 27, 2020

View on sec.gov

Income Statement

Concept 2018 Q4 2018 Q3 2018 Q2
Revenue $33.27M $38.71M $34.92M
YoY Change 5.75% 7.03% 5.78%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $4.040M $3.950M $4.020M
YoY Change -3.12% 4.22% 15.52%
% of Gross Profit
Operating Expenses $26.12M $25.80M $24.20M
YoY Change 12.63% 9.46% 2.28%
Operating Profit $7.153M $12.92M $10.72M
YoY Change
Interest Expense -$1.830M -$1.720M -$2.070M
YoY Change 18.83% 15.44% 40.82%
% of Operating Profit -25.58% -13.31% -19.31%
Other Income/Expense, Net $910.0K $830.0K $780.0K
YoY Change 97.83% 97.62% 90.24%
Pretax Income $6.230M $12.03M $9.440M
YoY Change -13.23% 4.34% 13.73%
Income Tax -$760.0K -$260.0K $760.0K
% Of Pretax Income -12.2% -2.16% 8.05%
Net Earnings $6.993M $12.29M $8.675M
YoY Change 30.71% 60.86% 61.25%
Net Earnings / Revenue 21.02% 31.75% 24.84%
Basic Earnings Per Share $0.43 $0.75 $0.52
Diluted Earnings Per Share $0.43 $0.74 $0.52
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2018 Q4 2018 Q3 2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.700M $3.600M $2.700M
YoY Change -24.49% 33.33% -27.03%
Cash & Equivalents $5.661M $3.600M $2.700M
Short-Term Investments
Other Short-Term Assets $9.900M $12.60M $12.50M
YoY Change 5.32% 12.5% 11.61%
Inventory $5.400M $5.600M $4.800M
Prepaid Expenses
Receivables $11.80M $13.50M $11.00M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $30.80M $35.40M $31.10M
YoY Change 5.48% 17.61% 4.71%
LONG-TERM ASSETS
Property, Plant & Equipment $628.5M $608.7M $590.1M
YoY Change 10.91% 9.73% 8.75%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $108.5M $108.2M $108.2M
YoY Change 67.7% 66.72% 68.27%
Total Long-Term Assets $737.0M $717.4M $698.6M
YoY Change 16.64% 15.37% 14.71%
TOTAL ASSETS
Total Short-Term Assets $30.80M $35.40M $31.10M
Total Long-Term Assets $737.0M $717.4M $698.6M
Total Assets $767.8M $752.8M $729.7M
YoY Change 16.14% 15.48% 14.25%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $19.30M $19.50M $16.40M
YoY Change 38.85% 61.16% 9.33%
Accrued Expenses $1.300M $500.0K $1.300M
YoY Change 18.18% 25.0% 18.18%
Deferred Revenue
YoY Change
Short-Term Debt $48.50M $48.50M $39.00M
YoY Change 73.21% 97.96% 129.41%
Long-Term Debt Due $7.343M $7.300M $7.200M
YoY Change 6.42% 12.31% 16.13%
Total Short-Term Liabilities $94.40M $94.40M $81.60M
YoY Change 46.36% 60.0% 47.29%
LONG-TERM LIABILITIES
Long-Term Debt $152.9M $141.1M $142.1M
YoY Change 9.96% 3.9% 4.18%
Other Long-Term Liabilities $222.1M $223.9M $223.8M
YoY Change 21.5% 52.62% 54.24%
Total Long-Term Liabilities $152.9M $365.0M $365.9M
YoY Change -52.5% 29.2% 29.98%
TOTAL LIABILITIES
Total Short-Term Liabilities $94.40M $94.40M $81.60M
Total Long-Term Liabilities $152.9M $365.0M $365.9M
Total Liabilities $516.6M $505.2M $491.2M
YoY Change 20.28% 19.57% 18.65%
SHAREHOLDERS EQUITY
Retained Earnings $91.43M
YoY Change
Common Stock $157.4M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $251.2M $247.6M $238.5M
YoY Change
Total Liabilities & Shareholders Equity $767.8M $752.8M $729.7M
YoY Change 16.14% 15.48% 14.25%

Cashflow Statement

Concept 2018 Q4 2018 Q3 2018 Q2
OPERATING ACTIVITIES
Net Income $6.993M $12.29M $8.675M
YoY Change 30.71% 60.86% 61.25%
Depreciation, Depletion And Amortization $4.040M $3.950M $4.020M
YoY Change -3.12% 4.22% 15.52%
Cash From Operating Activities $13.00M $13.64M $10.24M
YoY Change -8.39% 60.85% 1.59%
INVESTING ACTIVITIES
Capital Expenditures -$22.57M -$21.14M -$18.37M
YoY Change 49.17% 51.0% 58.5%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$22.57M -$21.14M -$18.37M
YoY Change 49.17% 51.0% 58.5%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 9.700M 7.200M 11.19M
YoY Change 130.95% 58.59% -2897.5%
NET CHANGE
Cash From Operating Activities 13.00M 13.64M 10.24M
Cash From Investing Activities -22.57M -21.14M -18.37M
Cash From Financing Activities 9.700M 7.200M 11.19M
Net Change In Cash 130.0K -300.0K 3.060M
YoY Change -96.01% -69.39% -260.21%
FREE CASH FLOW
Cash From Operating Activities $13.00M $13.64M $10.24M
Capital Expenditures -$22.57M -$21.14M -$18.37M
Free Cash Flow $35.57M $34.78M $28.61M
YoY Change 21.32% 54.72% 32.03%

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196000 USD
CY2019 us-gaap Stock Granted During Period Value Sharebased Compensation Forfeited
StockGrantedDuringPeriodValueSharebasedCompensationForfeited
466000 USD
CY2019 msex Preferred Stock Convertible Conversion Price
PreferredStockConvertibleConversionPrice
8.00
CY2019 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
350000 USD
CY2019 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
44046000 USD
CY2019 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.976
CY2019 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
16165000 USD
CY2019 us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
132000 USD
CY2019 us-gaap Stockholders Equity Other
StockholdersEquityOther
357000 USD
CY2019Q4 msex Total Common Equity
TotalCommonEquity
323792000 USD
CY2019 us-gaap Nature Of Operations
NatureOfOperations
<p style="font-family: Times New Roman, Times, serif; font-size:10pt; text-align:justify; margin-top:11pt; margin-bottom: 0pt;color:#000000; "> <span style="font-weight: bold; ">(a) </span><span style="font-weight: bold; ">Organization</span> - Middlesex Water Company (Middlesex) is the parent company and sole shareholder of Tidewater Utilities, Inc. (Tidewater), Tidewater Environmental Services, Inc. (TESI), Pinelands Water Company (Pinelands Water) and Pinelands Wastewater Company (Pinelands Wastewater) (collectively, Pinelands), Utility Service Affiliates, Inc. (USA), Utility Service Affiliates (Perth Amboy) Inc. (USA-PA) and Twin Lakes Utilities, Inc. (Twin Lakes). Southern Shores Water Company, LLC (Southern Shores) and White Marsh Environmental Systems, Inc. (White Marsh) are wholly-owned subsidiaries of Tidewater. </p> <p style="font-family: Times New Roman, Times, serif; font-size:10pt; text-align:justify; margin-top:11pt; margin-bottom: 0pt;color:#000000; ">Middlesex Water Company has operated as a water utility in New Jersey since 1897, in Delaware, through our wholly-owned subsidiary, Tidewater, since 1992 and in Pennsylvania, through our wholly-owned subsidiary, Twin Lakes, since 2009. We are in the business of collecting, treating, distributing and selling water for domestic, commercial, municipal, industrial and fire protection purposes. We also operate New Jersey municipal water, wastewater and storm water systems under contract and provide unregulated water and wastewater services in New Jersey and Delaware through our subsidiaries. Our rates charged to customers for water and wastewater services, the quality of services we provide and certain other matters are regulated in New Jersey, Delaware and Pennsylvania by the New Jersey Board of Public Utilities (NJBPU), Delaware Public Service Commission (DEPSC) and Pennsylvania Public Utilities Commission (PAPUC), respectively. Our USA, USA-PA and White Marsh subsidiaries are not regulated utilities.</p> <p style="font-family: Times New Roman, Times, serif; font-size:10pt; text-align:justify; margin-top:11pt; margin-bottom: 0pt;color:#000000; ">Certain reclassifications have been made to the prior year financial statements to conform with current period presentation. The reclassifications are immaterial to the overall presentation of our consolidated financial statements. </p>
CY2019 msex Percent Voting Interest
PercentVotingInterest
0.50 pure
CY2019 msex Percent Of Operating Revenues
PercentOfOperatingRevenues
0.91 pure
CY2019 msex Percent Of Total Assets
PercentOfTotalAssets
0.99 pure
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1400000 USD
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1000000.0 USD
CY2019 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1000000.0 USD
CY2018 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
800000 USD
CY2017 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
500000 USD
CY2019 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
600000 USD
CY2018 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
700000 USD
CY2017 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
500000 USD
CY2019 msex Residential Operating Revenues
ResidentialOperatingRevenues
71487000 USD
CY2018 msex Residential Operating Revenues
ResidentialOperatingRevenues
69785000 USD
CY2017 msex Residential Operating Revenues
ResidentialOperatingRevenues
66483000 USD
CY2019 msex Commercial Operating Revenues
CommercialOperatingRevenues
15198000 USD
CY2018 msex Commercial Operating Revenues
CommercialOperatingRevenues
14844000 USD
CY2017 msex Commercial Operating Revenues
CommercialOperatingRevenues
13956000 USD
CY2019 msex Industrial Operating Revenues
IndustrialOperatingRevenues
9390000 USD
CY2018 msex Industrial Operating Revenues
IndustrialOperatingRevenues
10183000 USD
CY2017 msex Industrial Operating Revenues
IndustrialOperatingRevenues
9321000 USD
CY2019 msex Residential Commercial Industrial And Fire Protection Revenue
ResidentialCommercialIndustrialAndFireProtectionRevenue
12291000 USD
CY2018 msex Residential Commercial Industrial And Fire Protection Revenue
ResidentialCommercialIndustrialAndFireProtectionRevenue
12099000 USD
CY2017 msex Residential Commercial Industrial And Fire Protection Revenue
ResidentialCommercialIndustrialAndFireProtectionRevenue
11812000 USD
CY2018 msex Other Nonregulated Revenues
OtherNonregulatedRevenues
404000 USD
CY2017 msex Other Nonregulated Revenues
OtherNonregulatedRevenues
404000 USD
CY2019 msex Inter Segment Elimination Operating Revenues
InterSegmentEliminationOperatingRevenues
-657000 USD
CY2018 msex Inter Segment Elimination Operating Revenues
InterSegmentEliminationOperatingRevenues
-602000 USD
CY2017 msex Inter Segment Elimination Operating Revenues
InterSegmentEliminationOperatingRevenues
-591000 USD
CY2019 msex Wholesale Municipal Revenue
WholesaleMunicipalRevenue
14319000 USD
CY2018 msex Wholesale Municipal Revenue
WholesaleMunicipalRevenue
14655000 USD
CY2017 msex Wholesale Municipal Revenue
WholesaleMunicipalRevenue
13553000 USD
CY2019 msex Nonregualted Contract Operations Revenue
NonregualtedContractOperationsRevenue
11773000 USD
CY2018 msex Nonregualted Contract Operations Revenue
NonregualtedContractOperationsRevenue
16374000 USD
CY2017 msex Nonregualted Contract Operations Revenue
NonregualtedContractOperationsRevenue
15508000 USD
CY2019 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
134458000 USD
CY2018 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
137940000 USD
CY2017 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
130633000 USD
CY2019 us-gaap Regulated Operating Revenue Other
RegulatedOperatingRevenueOther
393000 USD
CY2018 us-gaap Regulated Operating Revenue Other
RegulatedOperatingRevenueOther
335000 USD
CY2017 us-gaap Regulated Operating Revenue Other
RegulatedOperatingRevenueOther
329000 USD
CY2019 msex Other Nonregulated Revenues
OtherNonregulatedRevenues
404000 USD
CY2019 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family: Times New Roman, Times, serif; font-size:10pt; text-align:justify; margin-top:11pt; margin-bottom: 0pt;color:#000000; "> <span style="font-weight: bold; ">(q) </span><span style="font-weight: bold; ">Use of Estimates</span> - Conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts in the financial statements. Actual results could differ from those estimates. </p>
CY2017 msex Operations And Maintenance Expense And Other Income Expense Net
OperationsAndMaintenanceExpenseAndOtherIncomeExpenseNet
800000 USD
CY2019 msex Adoption Of Right Of Use Asset
AdoptionOfRightOfUseAsset
6700000 USD
CY2019 msex Adoption Of Lease Liability
AdoptionOfLeaseLiability
7100000 USD
CY2019Q4 us-gaap Amount Of Embedded Regulatory Asset
AmountOfEmbeddedRegulatoryAsset
400000 USD
CY2019Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.0335 pure
CY2019Q4 us-gaap Regulatory Assets
RegulatoryAssets
110479000 USD
CY2018Q4 us-gaap Regulatory Assets
RegulatoryAssets
99236000 USD
CY2019Q4 us-gaap Regulatory Liabilities
RegulatoryLiabilities
31500000 USD
CY2018Q4 us-gaap Regulatory Liabilities
RegulatoryLiabilities
31700000 USD
CY2019 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
6457000 USD
CY2018 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
7009000 USD
CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
11868000 USD
CY2019 us-gaap Income Tax Reconciliation Disposition Of Assets
IncomeTaxReconciliationDispositionOfAssets
-802000 USD
CY2018 us-gaap Income Tax Reconciliation Disposition Of Assets
IncomeTaxReconciliationDispositionOfAssets
422000 USD
CY2017 us-gaap Income Tax Reconciliation Disposition Of Assets
IncomeTaxReconciliationDispositionOfAssets
-1016000 USD
CY2019 msex Income Tax Reconciliation Tangible Property Repairs
IncomeTaxReconciliationTangiblePropertyRepairs
-10156000 USD
CY2018 msex Income Tax Reconciliation Tangible Property Repairs
IncomeTaxReconciliationTangiblePropertyRepairs
-7763000 USD
CY2017 msex Income Tax Reconciliation Tangible Property Repairs
IncomeTaxReconciliationTangiblePropertyRepairs
USD
CY2019 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1173000 USD
CY2018 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1207000 USD
CY2017 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
895000 USD
CY2019 us-gaap Income Tax Reconciliation Tax Credits Other
IncomeTaxReconciliationTaxCreditsOther
USD
CY2018 us-gaap Income Tax Reconciliation Tax Credits Other
IncomeTaxReconciliationTaxCreditsOther
USD
CY2017 us-gaap Income Tax Reconciliation Tax Credits Other
IncomeTaxReconciliationTaxCreditsOther
610000 USD
CY2019 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
188000 USD
CY2018 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
49000 USD
CY2017 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
-37000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-3140000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
924000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
11100000 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-3822000 USD
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-188000 USD
CY2017 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
2090000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
2246000 USD
CY2018 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
2073000 USD
CY2017 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1066000 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-726000 USD
CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-338000 USD
CY2017 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
7713000 USD
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-761000 USD
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-545000 USD
CY2017 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
310000 USD
CY2019 us-gaap Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
-77000 USD
CY2018 us-gaap Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
-78000 USD
CY2017 us-gaap Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
-79000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-3140000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
924000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
11100000 USD
CY2019Q4 msex Deferred Tax Liabilities Utility Plant Related
DeferredTaxLiabilitiesUtilityPlantRelated
50608000 USD
CY2018Q4 msex Deferred Tax Liabilities Utility Plant Related
DeferredTaxLiabilitiesUtilityPlantRelated
44777000 USD
CY2019Q4 msex Deferred Tax Assets Customer Advances
DeferredTaxAssetsCustomerAdvances
3661000 USD
CY2018Q4 msex Deferred Tax Assets Customer Advances
DeferredTaxAssetsCustomerAdvances
3702000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
6543000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
5490000 USD
CY2019Q4 msex Deferred Tax Liabilities Investment Tax Credits
DeferredTaxLiabilitiesInvestmentTaxCredits
519000 USD
CY2018Q4 msex Deferred Tax Liabilities Investment Tax Credits
DeferredTaxLiabilitiesInvestmentTaxCredits
596000 USD
CY2019Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
-399000 USD
CY2018Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
-109000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
54408000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
47270000 USD
CY2019 msex Cost Of Untreated Water
CostOfUntreatedWater
3400000 USD
CY2018 msex Cost Of Untreated Water
CostOfUntreatedWater
3600000 USD
CY2017 msex Cost Of Untreated Water
CostOfUntreatedWater
2800000 USD
CY2019 msex Cost Of Treated Water
CostOfTreatedWater
3200000 USD
CY2018 msex Cost Of Treated Water
CostOfTreatedWater
3200000 USD
CY2017 msex Cost Of Treated Water
CostOfTreatedWater
3300000 USD
CY2019 us-gaap Cost Of Purchased Water
CostOfPurchasedWater
6600000 USD
CY2018 us-gaap Cost Of Purchased Water
CostOfPurchasedWater
6800000 USD
CY2017 us-gaap Cost Of Purchased Water
CostOfPurchasedWater
6100000 USD
CY2019Q4 us-gaap Guaranty Liabilities
GuarantyLiabilities
1400000 USD
CY2018Q4 us-gaap Guaranty Liabilities
GuarantyLiabilities
1500000 USD
CY2019 msex Lease Maturity Date
LeaseMaturityDate
2030
CY2019Q4 msex Estimated Incremental Borrowing Rate
EstimatedIncrementalBorrowingRate
0.0403 pure
CY2019 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
700000 USD
CY2018 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
500000 USD
CY2017 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
1000 USD
CY2019Q4 msex Right Of Use Asset At Lease Inception
RightOfUseAssetAtLeaseInception
7300000 USD
CY2019Q4 msex Right Of Use Assets Accumulated Amortization
RightOfUseAssetsAccumulatedAmortization
-1400000 USD
CY2019Q4 msex Right Of Use Assets Current
RightOfUseAssetsCurrent
5900000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
800000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
800000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
800000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
800000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
800000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
4400000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
8400000 USD
CY2019Q4 msex Imputed Interest
ImputedInterest
-2000000.0 USD
CY2019Q4 us-gaap Present Value Of Future Minimum Lease Payments Sale Leaseback Transactions
PresentValueOfFutureMinimumLeasePaymentsSaleLeasebackTransactions
6400000 USD
CY2019Q4 msex Operating Lease Liability And Other Liabilities Current
OperatingLeaseLiabilityAndOtherLiabilitiesCurrent
-700000 USD
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
5700000 USD
CY2019 msex Budgeted Construction Cost
BudgetedConstructionCost
124000000 USD
CY2019 msex Budgeted Construction Cost For Construction Program Year One
BudgetedConstructionCostForConstructionProgramYearOne
112000000 USD
CY2018 us-gaap Line Of Credit Facility Average Outstanding Amount
LineOfCreditFacilityAverageOutstandingAmount
37300000 USD
CY2019Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
20000000.0 USD
CY2018Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
48500000 USD
CY2019 us-gaap Line Of Credit Facility Interest Rate During Period
LineOfCreditFacilityInterestRateDuringPeriod
0.0333 pure
CY2018 us-gaap Line Of Credit Facility Interest Rate During Period
LineOfCreditFacilityInterestRateDuringPeriod
0.0317 pure
CY2019Q4 us-gaap Line Of Credit Facility Interest Rate At Period End
LineOfCreditFacilityInterestRateAtPeriodEnd
0.0286 pure
CY2018Q4 us-gaap Line Of Credit Facility Interest Rate At Period End
LineOfCreditFacilityInterestRateAtPeriodEnd
0.0357 pure
CY2019 msex Budgeted Construction Cost For Construction Program Year Two
BudgetedConstructionCostForConstructionProgramYearTwo
59000000 USD
CY2019 msex Estimated Obligation Expend
EstimatedObligationExpend
63000000 USD
CY2019 us-gaap Line Of Credit Facility Maximum Monthend Outstanding Amount
LineOfCreditFacilityMaximumMonthendOutstandingAmount
140000000.0 USD
CY2018 us-gaap Line Of Credit Facility Maximum Monthend Outstanding Amount
LineOfCreditFacilityMaximumMonthendOutstandingAmount
92000000.0 USD
CY2019 us-gaap Line Of Credit Facility Maximum Amount Outstanding During Period
LineOfCreditFacilityMaximumAmountOutstandingDuringPeriod
59400000 USD
CY2018 us-gaap Line Of Credit Facility Maximum Amount Outstanding During Period
LineOfCreditFacilityMaximumAmountOutstandingDuringPeriod
48500000 USD
CY2019 us-gaap Line Of Credit Facility Average Outstanding Amount
LineOfCreditFacilityAverageOutstandingAmount
52400000 USD
CY2019Q4 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
800000 shares
CY2019Q4 us-gaap Share Price
SharePrice
60.50
CY2019Q4 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
43700000 USD
CY2019Q4 msex Additional Shares Authorized By Sec To Be Issued
AdditionalSharesAuthorizedBySECToBeIssued
400000 shares
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
100000 shares
CY2018Q2 us-gaap Proceeds From Issuance Of First Mortgage Bond
ProceedsFromIssuanceOfFirstMortgageBond
9500000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
7200000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
7200000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
6700000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
6200000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
6000000.0 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
33888000 USD
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16685000 shares
CY2018 us-gaap Net Income Loss
NetIncomeLoss
32452000 USD
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16384000 shares
CY2017 us-gaap Net Income Loss
NetIncomeLoss
22809000 USD
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16330000 shares
CY2019 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
132000 USD
CY2017 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
144000 USD
CY2018 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
144000 USD
CY2019 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
33756000 USD
CY2018 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
32308000 USD
CY2017 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
22665000 USD
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.02
CY2018 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.97
CY2017 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.39
CY2019 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
33756000 USD
CY2018 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
32308000 USD
CY2017 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
22665000 USD
CY2017 msex Convertible Dollar7 Preferred Series Stock Dividends
ConvertibleDollar7PreferredSeriesStockDividends
67000 USD
CY2019 msex Incremental Common Shares Attributable To Conversion Of Dollar7 Preferred Series Stock
IncrementalCommonSharesAttributableToConversionOfDollar7PreferredSeriesStock
115000 shares
CY2018 msex Convertible Dollar7 Preferred Series Stock Dividends
ConvertibleDollar7PreferredSeriesStockDividends
67000 USD
CY2018 msex Incremental Common Shares Attributable To Conversion Of Dollar7 Preferred Series Stock
IncrementalCommonSharesAttributableToConversionOfDollar7PreferredSeriesStock
115000 shares
CY2019 msex Convertible Dollar7 Preferred Series Stock Dividends
ConvertibleDollar7PreferredSeriesStockDividends
67000 USD
CY2017 msex Incremental Common Shares Attributable To Conversion Of Dollar7 Preferred Series Stock
IncrementalCommonSharesAttributableToConversionOfDollar7PreferredSeriesStock
115000 shares
CY2019 msex Incremental Common Shares Attributable To Conversion Of Dollar8 Preferred Series Stock
IncrementalCommonSharesAttributableToConversionOfDollar8PreferredSeriesStock
29000 shares
CY2017 msex Convertible Dollar8 Preferred Series Stock Dividends
ConvertibleDollar8PreferredSeriesStockDividends
24000 USD
CY2018 msex Incremental Common Shares Attributable To Conversion Of Dollar8 Preferred Series Stock
IncrementalCommonSharesAttributableToConversionOfDollar8PreferredSeriesStock
41000 shares
CY2018 msex Convertible Dollar8 Preferred Series Stock Dividends
ConvertibleDollar8PreferredSeriesStockDividends
24000 USD
CY2017 msex Incremental Common Shares Attributable To Conversion Of Dollar8 Preferred Series Stock
IncrementalCommonSharesAttributableToConversionOfDollar8PreferredSeriesStock
41000 shares
CY2019 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
33835000 USD
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16829000 shares
CY2018 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
32399000 USD
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16540000 shares
CY2017 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
22756000 USD
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16486000 shares
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.01
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.96
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.38
CY2019Q4 us-gaap Other Long Term Debt
OtherLongTermDebt
83000000.0 USD
CY2018Q4 us-gaap Other Long Term Debt
OtherLongTermDebt
61500000 USD
CY2019Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Accumulated Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation
87600000 USD
CY2018Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Accumulated Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation
73100000 USD
CY2019 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
700000 USD
CY2019Q4 us-gaap Defined Benefit Plan Health Care Cost Trend Rate Assumed Next Fiscal Year
DefinedBenefitPlanHealthCareCostTrendRateAssumedNextFiscalYear
0.080 pure
CY2019 msex Increase Decrease In Annual Rate Per Capita Cost Of Covered Healthcare Benefits Years One To Three
IncreaseDecreaseInAnnualRatePerCapitaCostOfCoveredHealthcareBenefitsYearsOneToThree
0.010 pure
CY2019 msex Threshold Percentage Of Participants Compensation At Which Matching Decreases
ThresholdPercentageOfParticipantsCompensationAtWhichMatchingDecreases
0.010 pure
CY2019 msex Increase Decrease In Annual Rate Per Capita Cost Of Covered Healthcare Benefits Years Four And Five
IncreaseDecreaseInAnnualRatePerCapitaCostOfCoveredHealthcareBenefitsYearsFourAndFive
0.005 pure
CY2019 msex Percent Of Participants Contributions Matched By Company Above One Percent Of Participants Compensation
PercentOfParticipantsContributionsMatchedByCompanyAboveOnePercentOfParticipantsCompensation
0.50 pure
CY2019Q4 us-gaap Defined Benefit Plan Ultimate Health Care Cost Trend Rate1
DefinedBenefitPlanUltimateHealthCareCostTrendRate1
0.05 pure
CY2019 msex Number Of Hours Required To Participate In Contribution Plan
NumberOfHoursRequiredToParticipateInContributionPlan
1000 pure
CY2019 msex Percent Of Participants Contributions Matched By Company Below One Percent Of Participants Compensation
PercentOfParticipantsContributionsMatchedByCompanyBelowOnePercentOfParticipantsCompensation
1 pure
CY2019 msex Percent Of Participants Contributions Matched By Company Above One Percent Of Participants Compensation
PercentOfParticipantsContributionsMatchedByCompanyAboveOnePercentOfParticipantsCompensation
0.50 pure
CY2019 us-gaap Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
0.06 pure
CY2019 msex Matching Contributions
MatchingContributions
7000 USD
CY2018 msex Matching Contributions
MatchingContributions
6000 USD
CY2017 msex Matching Contributions
MatchingContributions
6000 USD
CY2019Q4 us-gaap Defined Benefit Plan Ultimate Health Care Cost Trend Rate1
DefinedBenefitPlanUltimateHealthCareCostTrendRate1
0.050 pure
CY2018 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
600000 USD
CY2017 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
500000 USD
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
1700000 USD
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
1300000 USD
CY2019 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 pure
CY2019 us-gaap Regulated And Unregulated Operating Revenue
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134598000 USD
CY2018 us-gaap Regulated And Unregulated Operating Revenue
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CY2017 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
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OperatingIncomeLoss
35520000 USD
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OperatingIncomeLoss
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OperatingIncomeLoss
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15037000 USD
CY2017 us-gaap Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
13922000 USD
CY2019 us-gaap Other Nonrecurring Income Expense
OtherNonrecurringIncomeExpense
2492000 USD
CY2018 us-gaap Other Nonrecurring Income Expense
OtherNonrecurringIncomeExpense
2992000 USD
CY2017 us-gaap Other Nonrecurring Income Expense
OtherNonrecurringIncomeExpense
1617000 USD
CY2019 us-gaap Interest Expense
InterestExpense
7264000 USD
CY2018 us-gaap Interest Expense
InterestExpense
6758000 USD
CY2017 us-gaap Interest Expense
InterestExpense
5506000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-3140000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
924000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
11100000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
33888000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
32452000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
22809000 USD
CY2019 us-gaap Payments To Acquire Water And Waste Water Systems
PaymentsToAcquireWaterAndWasteWaterSystems
89125000 USD
CY2018 us-gaap Payments To Acquire Water And Waste Water Systems
PaymentsToAcquireWaterAndWasteWaterSystems
72094000 USD
CY2017 us-gaap Payments To Acquire Water And Waste Water Systems
PaymentsToAcquireWaterAndWasteWaterSystems
50301000 USD
CY2019Q4 us-gaap Assets
Assets
909878000 USD
CY2018Q4 us-gaap Assets
Assets
767830000 USD
CY2019Q1 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
30698000 USD
CY2019Q2 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
33393000 USD
CY2019Q3 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
37769000 USD
CY2019Q4 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
32738000 USD
CY2019 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
134598000 USD
CY2019Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
7028000 USD
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
8950000 USD
CY2019Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
11983000 USD
CY2019Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
7559000 USD
CY2019 us-gaap Operating Income Loss
OperatingIncomeLoss
35520000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
6552000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
8146000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
11119000 USD
CY2019Q4 us-gaap Net Income Loss
NetIncomeLoss
8071000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
33888000 USD
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.40
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.49
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.67
CY2019Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.46
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.02
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.39
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.49
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.67
CY2019Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.46
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.01
CY2019Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.2400
CY2019Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.2400
CY2019Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.2400
CY2019Q4 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.2563
CY2019Q1 msex High Common Stock Price
HighCommonStockPrice
60.48
CY2019Q1 msex Low Common Stock Price
LowCommonStockPrice
51.02
CY2019Q2 msex High Common Stock Price
HighCommonStockPrice
63.68
CY2019Q2 msex Low Common Stock Price
LowCommonStockPrice
52.51
CY2019Q3 msex High Common Stock Price
HighCommonStockPrice
66.10
CY2019Q3 msex Low Common Stock Price
LowCommonStockPrice
55.30
CY2019Q4 msex High Common Stock Price
HighCommonStockPrice
67.69
CY2019Q4 msex Low Common Stock Price
LowCommonStockPrice
58.75
CY2018Q1 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
31177000 USD
CY2018Q2 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
34919000 USD
CY2018Q3 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
38713000 USD
CY2018Q4 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
33268000 USD
CY2018 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
138077000 USD
CY2018Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
6350000 USD
CY2018Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
10721000 USD
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
12918000 USD
CY2018Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
7153000 USD
CY2018 us-gaap Operating Income Loss
OperatingIncomeLoss
37142000 USD
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
4494000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
8675000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
12290000 USD
CY2018Q4 us-gaap Net Income Loss
NetIncomeLoss
6993000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
32452000 USD
CY2018Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.27
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.52
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.75
CY2018Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.43
CY2018 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.97
CY2018Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.27
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.52
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.74
CY2018Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.43
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.96
CY2018Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.2238
CY2018Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.2238
CY2018Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.2238
CY2018Q4 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.2400
CY2018Q1 msex High Common Stock Price
HighCommonStockPrice
41.45
CY2018Q1 msex Low Common Stock Price
LowCommonStockPrice
33.96
CY2018Q2 msex High Common Stock Price
HighCommonStockPrice
45.24
CY2018Q2 msex Low Common Stock Price
LowCommonStockPrice
34.74
CY2018Q3 msex High Common Stock Price
HighCommonStockPrice
49.00
CY2018Q3 msex Low Common Stock Price
LowCommonStockPrice
41.77
CY2018Q4 msex High Common Stock Price
HighCommonStockPrice
60.31
CY2018Q4 msex Low Common Stock Price
LowCommonStockPrice
43.12

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