2011 Q4 Form 10-Q Financial Statement

#000076682911000042 Filed on November 02, 2011

View on sec.gov

Income Statement

Concept 2011 Q4 2011 Q3 2010 Q3
Revenue $62.30M $73.90M $70.30M
YoY Change 22.64% 5.12% 1.44%
Cost Of Revenue $4.400M $9.800M $10.90M
YoY Change -46.34% -10.09% -18.66%
Gross Profit $57.90M $64.10M $59.40M
YoY Change 35.92% 7.91% 6.26%
Gross Profit Margin 92.94% 86.74% 84.5%
Selling, General & Admin $10.00M $9.900M $10.20M
YoY Change -2.91% -2.94% 50.0%
% of Gross Profit 17.27% 15.44% 17.17%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $8.200M $8.200M $7.100M
YoY Change -3.53% 15.49% 10.94%
% of Gross Profit 14.16% 12.79% 11.95%
Operating Expenses $41.40M $45.60M $41.50M
YoY Change 16.62% 9.88% 7.79%
Operating Profit $16.52M $18.49M $17.92M
YoY Change 132.68% 3.15% 3.0%
Interest Expense -$5.100M $5.120M $100.0K
YoY Change -150.5% 5020.0% -102.63%
% of Operating Profit -30.87% 27.7% 0.56%
Other Income/Expense, Net $100.0K $150.0K $145.0K
YoY Change -50.0% 3.45% 45.0%
Pretax Income $11.60M $13.58M $18.12M
YoY Change -15.33% -25.08% 31.3%
Income Tax $5.000M $5.360M $7.333M
% Of Pretax Income 43.1% 39.48% 40.47%
Net Earnings $6.602M $8.215M $10.79M
YoY Change -18.49% -23.84% 34.84%
Net Earnings / Revenue 10.6% 11.12% 15.34%
Basic Earnings Per Share $0.36 $0.44 $0.58
Diluted Earnings Per Share $0.35 $0.44 $0.58
COMMON SHARES
Basic Shares Outstanding 18.59M shares 18.59M shares 18.54M shares
Diluted Shares Outstanding 18.80M shares 18.75M shares

Balance Sheet

Concept 2011 Q4 2011 Q3 2010 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $26.70M $43.10M $3.300M
YoY Change 1470.59% 1206.06% 73.68%
Cash & Equivalents $26.73M $43.07M $3.335M
Short-Term Investments
Other Short-Term Assets $5.739M $22.90M $21.30M
YoY Change 7.51% 4.93%
Inventory $1.000M $1.000M $1.000M
Prepaid Expenses $1.598M $2.066M
Receivables $12.54M $16.92M $16.40M
Other Receivables $6.000M $5.300M $600.0K
Total Short-Term Assets $68.92M $89.20M $42.60M
YoY Change 81.23% 109.38% 6.77%
LONG-TERM ASSETS
Property, Plant & Equipment $78.54M $78.99M $781.7M
YoY Change -1.93% -89.9% 10.38%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $7.000M $6.800M $32.40M
YoY Change -2.78% -79.01% -24.3%
Other Assets $3.995M $4.058M $85.40M
YoY Change 23.57% -95.25% 7.96%
Total Long-Term Assets $135.1M $103.6M $912.8M
YoY Change 31.92% -88.66% 8.49%
TOTAL ASSETS
Total Short-Term Assets $68.92M $89.20M $42.60M
Total Long-Term Assets $135.1M $103.6M $912.8M
Total Assets $1.039B $1.013B $955.4M
YoY Change 11.06% 6.05% 8.41%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $7.417M $6.687M $21.30M
YoY Change 35.17% -68.61% 134.07%
Accrued Expenses $15.20M $20.30M $18.30M
YoY Change 11.76% 10.93% 5.17%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $5.500M $3.500M
YoY Change -100.0% 57.14% -18.6%
Long-Term Debt Due $838.0K $1.154M $1.100M
YoY Change -26.04% 4.91% 37.5%
Total Short-Term Liabilities $28.29M $38.69M $53.20M
YoY Change -2.97% -27.27% 42.63%
LONG-TERM LIABILITIES
Long-Term Debt $343.8M $344.5M $296.0M
YoY Change 16.28% 16.39% 20.33%
Other Long-Term Liabilities $7.041M $6.067M $247.4M
YoY Change 16.53% -97.55% 2.53%
Total Long-Term Liabilities $350.9M $350.6M $543.4M
YoY Change 16.29% -35.49% 11.51%
TOTAL LIABILITIES
Total Short-Term Liabilities $28.29M $38.69M $53.20M
Total Long-Term Liabilities $350.9M $350.6M $543.4M
Total Liabilities $379.2M $389.3M $697.4M
YoY Change 14.59% -44.18% 11.25%
SHAREHOLDERS EQUITY
Retained Earnings $227.5M $224.1M
YoY Change 3.61%
Common Stock $34.24M $34.09M
YoY Change 3.42%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $264.0M $260.4M $258.0M
YoY Change
Total Liabilities & Shareholders Equity $1.039B $1.013B $955.4M
YoY Change 11.06% 6.05% 8.41%

Cashflow Statement

Concept 2011 Q4 2011 Q3 2010 Q3
OPERATING ACTIVITIES
Net Income $6.602M $8.215M $10.79M
YoY Change -18.49% -23.84% 34.84%
Depreciation, Depletion And Amortization $8.200M $8.200M $7.100M
YoY Change -3.53% 15.49% 10.94%
Cash From Operating Activities $15.20M $19.30M $11.00M
YoY Change 280.0% 75.45% -23.61%
INVESTING ACTIVITIES
Capital Expenditures -$21.20M -$18.50M -$33.10M
YoY Change -20.3% -44.11% 88.07%
Acquisitions
YoY Change
Other Investing Activities -$2.100M -$300.0K $4.400M
YoY Change -108.94% -106.82% -2300.0%
Cash From Investing Activities -$23.20M -$18.90M -$28.70M
YoY Change 648.39% -34.15% 61.24%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -8.300M -2.800M 17.50M
YoY Change 232.0% -116.0% 3400.0%
NET CHANGE
Cash From Operating Activities 15.20M 19.30M 11.00M
Cash From Investing Activities -23.20M -18.90M -28.70M
Cash From Financing Activities -8.300M -2.800M 17.50M
Net Change In Cash -16.30M -2.400M -200.0K
YoY Change 918.75% 1100.0% -93.1%
FREE CASH FLOW
Cash From Operating Activities $15.20M $19.30M $11.00M
Capital Expenditures -$21.20M -$18.50M -$33.10M
Free Cash Flow $36.40M $37.80M $44.10M
YoY Change 18.95% -14.29% 37.81%

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us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
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us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
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us-gaap Proceeds From Issuance Of Long Term Debt
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us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
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us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
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0 USD
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0 USD
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CY2010Q4 us-gaap Real Estate Investment Property At Cost
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us-gaap Repayments Of Long Term Debt
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577000 USD
CY2011Q3 us-gaap Retained Earnings Accumulated Deficit
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224132000 USD
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us-gaap Share Based Compensation
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513000 USD
us-gaap Share Based Compensation
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CY2010Q3 us-gaap Utilities Operating Expense
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138746000 USD
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7082000 USD
us-gaap Utilities Operating Expense Depreciation And Amortization
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21263000 USD
us-gaap Utilities Operating Expense Depreciation And Amortization
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23389000 USD
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7803000 USD
us-gaap Utilities Operating Expense Maintenance
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8960000 USD
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3331000 USD
us-gaap Utilities Operating Expense Maintenance
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9855000 USD
CY2010Q3 us-gaap Utilities Operating Expense Maintenance
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2895000 USD
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8442000 USD
CY2011Q3 us-gaap Utilities Operating Expense Other
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3030000 USD
CY2010Q3 us-gaap Utilities Operating Expense Other
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2726000 USD
us-gaap Utilities Operating Expense Other
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7832000 USD
CY2011Q3 us-gaap Utilities Operating Expense Purchased Power
UtilitiesOperatingExpensePurchasedPower
1979000 USD
us-gaap Utilities Operating Expense Purchased Power
UtilitiesOperatingExpensePurchasedPower
4850000 USD
us-gaap Utilities Operating Expense Purchased Power
UtilitiesOperatingExpensePurchasedPower
4366000 USD
CY2010Q3 us-gaap Utilities Operating Expense Purchased Power
UtilitiesOperatingExpensePurchasedPower
2122000 USD
CY2010Q3 us-gaap Utilities Operating Expense Taxes
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2056000 USD
us-gaap Utilities Operating Expense Taxes
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5819000 USD
sjw Payments To Acquire Water Systems Using Contributions In Aid Of Construction
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2884000 USD
sjw Payments To Acquire Businesses And Water Rights
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2065000 USD
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30158000 USD
us-gaap Weighted Average Number Of Diluted Shares Outstanding
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18738000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
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18788000 shares
CY2010Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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18752000 shares
CY2011Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
18803000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
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18528000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2011Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2010Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2011Q3 sjw Accrued Groundwater Extraction Charges And Purchased Water
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8918000 USD
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4359000 USD
sjw Groundwater Extraction Charges
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19969000 USD
sjw Groundwater Extraction Charges
GroundwaterExtractionCharges
17632000 USD
CY2010Q3 sjw Groundwater Extraction Charges
GroundwaterExtractionCharges
8736000 USD
CY2011Q3 sjw Groundwater Extraction Charges
GroundwaterExtractionCharges
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sjw Increase Decrease In Accrued Groundwater Extraction Charges And Purchased Water
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4559000 USD
sjw Increase Decrease In Accrued Groundwater Extraction Charges And Purchased Water
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3727000 USD
sjw Payments To Acquire Businesses And Water Rights
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2892000 USD
sjw Payments To Acquire Water Systems Using Contributions In Aid Of Construction
PaymentsToAcquireWaterSystemsUsingContributionsInAidOfConstruction
5281000 USD
CY2011Q3 sjw Purchased Power
PurchasedPower
670000 USD
CY2010Q4 sjw Purchased Power
PurchasedPower
495000 USD
CY2011Q3 sjw Unamortized Debt Issuance Expense And Broker Fees
UnamortizedDebtIssuanceExpenseAndBrokerFees
4952000 USD
CY2010Q4 sjw Unamortized Debt Issuance Expense And Broker Fees
UnamortizedDebtIssuanceExpenseAndBrokerFees
4308000 USD
sjw Utility Property Installed By Developer
UtilityPropertyInstalledByDeveloper
117000 USD
sjw Utility Property Installed By Developer
UtilityPropertyInstalledByDeveloper
0 USD
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2011
dei Document Period End Date
DocumentPeriodEndDate
2011-09-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0000766829
CY2011Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
18592391 shares
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
SJW CORP

Files In Submission

Name View Source Status
0000766829-11-000042-index-headers.html Edgar Link pending
0000766829-11-000042-index.html Edgar Link pending
0000766829-11-000042.txt Edgar Link pending
0000766829-11-000042-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls 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
R2.htm Edgar Link pending
R3.htm Edgar Link pending
R4.htm Edgar Link pending
R5.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
sjw-20110930.xml Edgar Link completed
sjw-20110930.xsd Edgar Link pending
sjw-20110930_cal.xml Edgar Link unprocessable
sjw-20110930_def.xml Edgar Link unprocessable
sjw-20110930_lab.xml Edgar Link unprocessable
sjw-20110930_pre.xml Edgar Link unprocessable
sjw-93011x10q.htm Edgar Link pending
sjw-93011xex103.htm Edgar Link pending
sjw-93011xex104.htm Edgar Link pending
sjw-93011xex105.htm Edgar Link pending
sjw-93011xex311.htm Edgar Link pending
sjw-93011xex312.htm Edgar Link pending
sjw-93011xex321.htm Edgar Link pending
sjw-93011xex322.htm Edgar Link pending