2021 Q4 Form 10-K Financial Statement

#000076682922000060 Filed on February 28, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 2020 Q4
Revenue $139.7M $573.7M $135.7M
YoY Change 2.97% 1.62% 7.87%
Cost Of Revenue $19.39M $89.38M $20.50M
YoY Change -5.44% 5.52% 18.5%
Gross Profit $120.4M $484.3M $115.2M
YoY Change 4.47% 0.94% 6.18%
Gross Profit Margin 86.13% 84.42% 84.89%
Selling, General & Admin $22.40M $87.33M $20.60M
YoY Change 8.74% 12.83% -17.6%
% of Gross Profit 18.61% 18.03% 17.88%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $24.56M $96.47M $22.90M
YoY Change 7.26% 5.3% 8.53%
% of Gross Profit 20.41% 19.92% 19.88%
Operating Expenses $93.97M $378.4M $90.90M
YoY Change 3.38% 4.48% -2.05%
Operating Profit $26.38M $111.2M $24.29M
YoY Change 8.62% -5.53% 303.76%
Interest Expense -$12.76M $54.34M -$14.70M
YoY Change -13.22% 0.15% 19.51%
% of Operating Profit -48.35% 48.88% -60.52%
Other Income/Expense, Net $2.319M $6.770M $2.900M
YoY Change -20.03% 14.63% 480.0%
Pretax Income $21.23M $68.85M $12.40M
YoY Change 71.2% -1.5% -313.79%
Income Tax $3.210M $8.369M -$800.0K
% Of Pretax Income 15.12% 12.16% -6.45%
Net Earnings $18.02M $60.48M $13.28M
YoY Change 35.64% -1.69% -342.14%
Net Earnings / Revenue 12.89% 10.54% 9.79%
Basic Earnings Per Share $2.04 $0.47
Diluted Earnings Per Share $599.3K $2.03 $0.46
COMMON SHARES
Basic Shares Outstanding 29.83M shares 29.60M shares 28.56M shares
Diluted Shares Outstanding 29.74M shares

Balance Sheet

Concept 2021 Q4 2021 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $10.91M $10.91M $5.300M
YoY Change 105.81% 105.81% -58.91%
Cash & Equivalents $10.91M $5.269M
Short-Term Investments
Other Short-Term Assets $4.902M $62.44M $5.125M
YoY Change -4.35% -2.29% 75.03%
Inventory
Prepaid Expenses $9.667M $8.097M
Receivables $53.70M $53.70M $46.83M
Other Receivables $7.043M $7.043M $11.30M
Total Short-Term Assets $134.1M $134.1M $127.3M
YoY Change 5.3% 5.33% 4.33%
LONG-TERM ASSETS
Property, Plant & Equipment $2.503B $2.519B $2.343B
YoY Change 6.82% 6.86% 5212.68%
Goodwill $640.5M $628.1M
YoY Change 1.96% -0.02%
Intangibles
YoY Change
Long-Term Investments $15.78M $15.78M $14.40M
YoY Change 9.61% 9.61% 11.63%
Other Assets $819.1M $162.9M $805.9M
YoY Change 1.64% -0.32% 6.06%
Total Long-Term Assets $3.358B $3.358B $3.184B
YoY Change 5.47% 5.47% 319.06%
TOTAL ASSETS
Total Short-Term Assets $134.1M $134.1M $127.3M
Total Long-Term Assets $3.358B $3.358B $3.184B
Total Assets $3.492B $3.492B $3.311B
YoY Change 5.46% 5.46% 5.71%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $30.39M $30.39M $34.20M
YoY Change -11.14% -11.14% -1.97%
Accrued Expenses $42.96M $42.96M $46.10M
YoY Change -6.82% -6.82% 4.77%
Deferred Revenue
YoY Change
Short-Term Debt $63.00M $63.00M $175.1M
YoY Change -64.02% -64.02% 49.4%
Long-Term Debt Due $39.11M $39.11M $76.24M
YoY Change -48.71% -48.68% 242.32%
Total Short-Term Liabilities $203.3M $203.3M $350.8M
YoY Change -42.05% -42.06% 49.55%
LONG-TERM LIABILITIES
Long-Term Debt $1.493B $1.493B $1.288B
YoY Change 15.95% 15.95% 0.31%
Other Long-Term Liabilities $24.05M $561.2M $21.79M
YoY Change 10.39% -0.58% -2.33%
Total Long-Term Liabilities $1.517B $2.054B $1.309B
YoY Change 15.86% 10.91% 0.27%
TOTAL LIABILITIES
Total Short-Term Liabilities $203.3M $203.3M $350.8M
Total Long-Term Liabilities $1.517B $2.054B $1.309B
Total Liabilities $1.720B $2.458B $1.660B
YoY Change 3.62% 2.66% 7.77%
SHAREHOLDERS EQUITY
Retained Earnings $428.3M $408.0M
YoY Change 4.96% 6.48%
Common Stock $606.4M $510.2M
YoY Change 18.86% 0.69%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.035B $1.035B $917.2M
YoY Change
Total Liabilities & Shareholders Equity $3.492B $3.492B $3.311B
YoY Change 5.46% 5.46% 5.71%

Cashflow Statement

Concept 2021 Q4 2021 2020 Q4
OPERATING ACTIVITIES
Net Income $18.02M $60.48M $13.28M
YoY Change 35.64% -1.69% -342.14%
Depreciation, Depletion And Amortization $24.56M $96.47M $22.90M
YoY Change 7.26% 5.3% 8.53%
Cash From Operating Activities $29.78M $130.0M $33.50M
YoY Change -11.09% 24.98% -13.44%
INVESTING ACTIVITIES
Capital Expenditures -$69.27M -$251.0M -$72.40M
YoY Change -4.32% 18.19% 8.55%
Acquisitions
YoY Change
Other Investing Activities -$7.825M -$8.966M -$600.0K
YoY Change 1204.17% 398.11% -99.93%
Cash From Investing Activities -$77.10M -$260.0M -$73.10M
YoY Change 5.47% 21.35% -91.9%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $91.03M
YoY Change
Debt Paid & Issued, Net $76.11M
YoY Change 163.08%
Cash From Financing Activities 43.21M $132.8M 28.60M
YoY Change 51.08% 30.8% -93.75%
NET CHANGE
Cash From Operating Activities 29.78M $130.0M 33.50M
Cash From Investing Activities -77.10M -$260.0M -73.10M
Cash From Financing Activities 43.21M $132.8M 28.60M
Net Change In Cash -4.102M $2.850M -11.00M
YoY Change -62.71% -132.85% -97.3%
FREE CASH FLOW
Cash From Operating Activities $29.78M $130.0M $33.50M
Capital Expenditures -$69.27M -$251.0M -$72.40M
Free Cash Flow $99.06M $381.1M $105.9M
YoY Change -6.46% 20.42% 0.47%

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117000 USD
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324000 USD
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880000 USD
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11421000 USD
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948000 USD
CY2019 sjw Gain Loss On Disposition Of Property Plant Equipment Excluding Oil And Gas Property And Timber Property And On Sale Of Investment Real Estate
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909000 USD
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3860000 USD
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1946000 USD
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1973000 USD
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2853000 USD
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14629000 USD
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0 USD
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5000000 USD
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2413000 USD
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233933000 USD
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164325000 USD
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17096000 USD
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435000 USD
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137000 USD
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23587000 USD
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0 USD
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CY2019 sjw Proceeds From Sale Of Property Held For Sale And From Sale Of Real Estate Investments
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745000 USD
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CY2020 sjw Proceeds From Issuance Of Long Term Debt Held As Restricted Cash
ProceedsFromIssuanceOfLongTermDebtHeldAsRestrictedCash
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CY2019 sjw Proceeds From Issuance Of Long Term Debt Held As Restricted Cash
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CY2019 us-gaap Repayments Of Long Term Debt
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1400000 USD
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CY2019 us-gaap Net Cash Provided By Used In Financing Activities
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2850000 USD
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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9269000 USD
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17944000 USD
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CY2021 sjw Receipts Of Advances And Contributions In Aid Of Construction
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26438000 USD
CY2020 sjw Receipts Of Advances And Contributions In Aid Of Construction
ReceiptsOfAdvancesAndContributionsInAidOfConstruction
23874000 USD
CY2019 sjw Receipts Of Advances And Contributions In Aid Of Construction
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18904000 USD
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2852000 USD
CY2020 us-gaap Repayments Of Advances For Construction
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2767000 USD
CY2019 us-gaap Repayments Of Advances For Construction
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2911000 USD
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CY2019 us-gaap Proceeds From Payments For Other Financing Activities
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NetCashProvidedByUsedInFinancingActivities
132805000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
12119000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
9269000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
17944000 USD
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
1211000 USD
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
4000000 USD
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
5000000 USD
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
10908000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
5269000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
12944000 USD
CY2021 us-gaap Interest Paid Net
InterestPaidNet
58175000 USD
CY2020 us-gaap Interest Paid Net
InterestPaidNet
59955000 USD
CY2019 us-gaap Interest Paid Net
InterestPaidNet
32138000 USD
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
8466000 USD
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
10380000 USD
CY2019 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
16448000 USD
CY2021 sjw Noncash Change In Accrued Payables
NoncashChangeInAccruedPayables
-5436000 USD
CY2020 sjw Noncash Change In Accrued Payables
NoncashChangeInAccruedPayables
1448000 USD
CY2019 sjw Noncash Change In Accrued Payables
NoncashChangeInAccruedPayables
-516000 USD
CY2021 sjw Utility Property Installed By Developer
UtilityPropertyInstalledByDeveloper
2659000 USD
CY2020 sjw Utility Property Installed By Developer
UtilityPropertyInstalledByDeveloper
9779000 USD
CY2019 sjw Utility Property Installed By Developer
UtilityPropertyInstalledByDeveloper
3077000 USD
CY2020Q4 us-gaap Public Utilities Property Plant And Equipment Equipment
PublicUtilitiesPropertyPlantAndEquipmentEquipment
567904000 USD
CY2020Q4 us-gaap Public Utilities Property Plant And Equipment Transmission And Distribution
PublicUtilitiesPropertyPlantAndEquipmentTransmissionAndDistribution
1699953000 USD
CY2021Q4 us-gaap Public Utilities Property Plant And Equipment Other Property Plant And Equipment
PublicUtilitiesPropertyPlantAndEquipmentOtherPropertyPlantAndEquipment
981615000 USD
CY2021 sjw Variable Interest Entities Number Of Entities
VariableInterestEntitiesNumberOfEntities
2 entity
CY2021 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:8pt;text-indent:31.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</span></div>
CY2021Q4 us-gaap Public Utilities Property Plant And Equipment Equipment
PublicUtilitiesPropertyPlantAndEquipmentEquipment
598285000 USD
CY2021Q4 us-gaap Public Utilities Property Plant And Equipment Transmission And Distribution
PublicUtilitiesPropertyPlantAndEquipmentTransmissionAndDistribution
1802008000 USD
CY2020Q4 us-gaap Public Utilities Property Plant And Equipment Other Property Plant And Equipment
PublicUtilitiesPropertyPlantAndEquipmentOtherPropertyPlantAndEquipment
930203000 USD
CY2021Q4 sjw Public Utilities Property Plant And Equipment Depreciable Plant And Equipment
PublicUtilitiesPropertyPlantAndEquipmentDepreciablePlantAndEquipment
3381908000 USD
CY2020Q4 sjw Public Utilities Property Plant And Equipment Depreciable Plant And Equipment
PublicUtilitiesPropertyPlantAndEquipmentDepreciablePlantAndEquipment
3198060000 USD
CY2021 us-gaap Public Utilities Property Plant And Equipment Disclosure Of Composite Depreciation Rate For Plants In Service
PublicUtilitiesPropertyPlantAndEquipmentDisclosureOfCompositeDepreciationRateForPlantsInService
0.032
CY2020 us-gaap Public Utilities Property Plant And Equipment Disclosure Of Composite Depreciation Rate For Plants In Service
PublicUtilitiesPropertyPlantAndEquipmentDisclosureOfCompositeDepreciationRateForPlantsInService
0.032
CY2019 us-gaap Public Utilities Property Plant And Equipment Disclosure Of Composite Depreciation Rate For Plants In Service
PublicUtilitiesPropertyPlantAndEquipmentDisclosureOfCompositeDepreciationRateForPlantsInService
0.038
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
20579000 USD
CY2020 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
24571000 USD
CY2021 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
4422000 USD
CY2020 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
4133000 USD
CY2019 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
4323000 USD
CY2021 sjw Equity Funds Capitalized
EquityFundsCapitalized
1926000 USD
CY2020 sjw Equity Funds Capitalized
EquityFundsCapitalized
1249000 USD
CY2019 sjw Equity Funds Capitalized
EquityFundsCapitalized
198000 USD
CY2021Q4 us-gaap Land
Land
12615000 USD
CY2020Q4 us-gaap Land
Land
14168000 USD
CY2021Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
45017000 USD
CY2020Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
43961000 USD
CY2021Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
57632000 USD
CY2020Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
58129000 USD
CY2017Q4 sjw Sales Agreement Holdback Amount
SalesAgreementHoldbackAmount
3000000 USD
CY2021Q2 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
3000000 USD
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
4251000 USD
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
4230000 USD
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
2990000 USD
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
2912000 USD
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
3075000 USD
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
4753000 USD
CY2021 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
2211000 USD
CY2019 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 USD
CY2020 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 USD
CY2019 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2020 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2021Q4 us-gaap Life Insurance Corporate Or Bank Owned Amount
LifeInsuranceCorporateOrBankOwnedAmount
8026000 USD
CY2020Q4 us-gaap Life Insurance Corporate Or Bank Owned Amount
LifeInsuranceCorporateOrBankOwnedAmount
8026000 USD
CY2021Q4 us-gaap Cash Surrender Value Of Life Insurance
CashSurrenderValueOfLifeInsurance
4191000 USD
CY2020Q4 us-gaap Cash Surrender Value Of Life Insurance
CashSurrenderValueOfLifeInsurance
4311000 USD
CY2021Q4 sjw Advances For Construction Estimated Refunds Next Twelve Months
AdvancesForConstructionEstimatedRefundsNextTwelveMonths
3609000 USD
CY2021Q4 sjw Advances For Construction Estimated Refunds Year Two
AdvancesForConstructionEstimatedRefundsYearTwo
3548000 USD
CY2021Q4 sjw Advances For Construction Estimated Refunds Year Three
AdvancesForConstructionEstimatedRefundsYearThree
3282000 USD
CY2021Q4 sjw Advances For Construction Estimated Refunds Year Four
AdvancesForConstructionEstimatedRefundsYearFour
3030000 USD
CY2021Q4 sjw Advances For Construction Estimated Refunds Year Five
AdvancesForConstructionEstimatedRefundsYearFive
2809000 USD
CY2021Q4 sjw Advances For Construction Estimated Refunds After Year Five
AdvancesForConstructionEstimatedRefundsAfterYearFive
49582000 USD
CY2021Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
130693000 USD
CY2021Q4 sjw Customer Advancesfor Construction Non Refundable
CustomerAdvancesforConstructionNonRefundable
36388000 USD
CY2021Q4 sjw Customer Advancesfor Construction Refundedon Service Connections
CustomerAdvancesforConstructionRefundedonServiceConnections
28445000 USD
CY2021 sjw Contract With Customer Refund Liability Refund Period
ContractWithCustomerRefundLiabilityRefundPeriod
P40Y
CY2021Q4 sjw Contract With Customer Refund Liability Fair Value Disclosure
ContractWithCustomerRefundLiabilityFairValueDisclosure
51067000 USD
CY2020Q4 sjw Contract With Customer Refund Liability Fair Value Disclosure
ContractWithCustomerRefundLiabilityFairValueDisclosure
50391000 USD
CY2021 sjw Advances For Construction Deferred Taxes Amortization Period
AdvancesForConstructionDeferredTaxesAmortizationPeriod
P40Y
CY2021Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
4511000 USD
CY2020Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
4619000 USD
CY2021Q4 sjw Asset Retirement Obligation Discount Rate
AssetRetirementObligationDiscountRate
0.06
CY2020Q4 sjw Asset Retirement Obligation Discount Rate
AssetRetirementObligationDiscountRate
0.06
CY2021Q4 us-gaap Asset Retirement Obligation Legally Restricted Assets Fair Value
AssetRetirementObligationLegallyRestrictedAssetsFairValue
925000 USD
CY2020Q4 us-gaap Asset Retirement Obligation Legally Restricted Assets Fair Value
AssetRetirementObligationLegallyRestrictedAssetsFairValue
939000 USD
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
559568000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
549270000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
447720000 USD
CY2021 sjw Alternative Revenue Programs Net
AlternativeRevenueProgramsNet
5304000 USD
CY2020 sjw Alternative Revenue Programs Net
AlternativeRevenueProgramsNet
-493000 USD
CY2019 sjw Alternative Revenue Programs Net
AlternativeRevenueProgramsNet
-18232000 USD
CY2021 sjw Regulatory Balancingand Memorandum Accounts Revenue Net
RegulatoryBalancingandMemorandumAccountsRevenueNet
5138000 USD
CY2020 sjw Regulatory Balancingand Memorandum Accounts Revenue Net
RegulatoryBalancingandMemorandumAccountsRevenueNet
11856000 USD
CY2019 sjw Regulatory Balancingand Memorandum Accounts Revenue Net
RegulatoryBalancingandMemorandumAccountsRevenueNet
-30092000 USD
CY2021 sjw Regulatory Mechanisms Other Net
RegulatoryMechanismsOtherNet
-1703000 USD
CY2020 sjw Regulatory Mechanisms Other Net
RegulatoryMechanismsOtherNet
-1639000 USD
CY2019 sjw Regulatory Mechanisms Other Net
RegulatoryMechanismsOtherNet
15689000 USD
CY2021 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
5379000 USD
CY2021Q4 us-gaap Regulatory Assets
RegulatoryAssets
154621000 USD
CY2020 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
5532000 USD
CY2019 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
5397000 USD
CY2021 us-gaap Revenues
Revenues
573686000 USD
CY2020 us-gaap Revenues
Revenues
564526000 USD
CY2019 us-gaap Revenues
Revenues
420482000 USD
CY2021 sjw Regulated Operating Revenue Water Surcharge
RegulatedOperatingRevenueWaterSurcharge
5691000 USD
CY2020 sjw Regulated Operating Revenue Water Surcharge
RegulatedOperatingRevenueWaterSurcharge
4911000 USD
CY2019 sjw Regulated Operating Revenue Water Surcharge
RegulatedOperatingRevenueWaterSurcharge
4955000 USD
CY2021Q4 us-gaap Remaining Amounts Of Regulatory Assets For Which No Return On Investment During Recovery Period Is Provided
RemainingAmountsOfRegulatoryAssetsForWhichNoReturnOnInvestmentDuringRecoveryPeriodIsProvided
84887000 USD
CY2020Q4 us-gaap Remaining Amounts Of Regulatory Assets For Which No Return On Investment During Recovery Period Is Provided
RemainingAmountsOfRegulatoryAssetsForWhichNoReturnOnInvestmentDuringRecoveryPeriodIsProvided
119236000 USD
CY2020Q4 sjw Balancing And Memorandum Account Net
BalancingAndMemorandumAccountNet
25463000 USD
CY2020Q4 us-gaap Regulatory Assets
RegulatoryAssets
158230000 USD
CY2021Q4 us-gaap Regulatory Assets Current
RegulatoryAssetsCurrent
2629000 USD
CY2020Q4 us-gaap Regulatory Assets Current
RegulatoryAssetsCurrent
1748000 USD
CY2021Q4 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
151992000 USD
CY2020Q4 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
156482000 USD
CY2021Q4 sjw Regulatory Balancingand Memorandum Accounts Review Authorized Revenue Threshold Percentage
RegulatoryBalancingandMemorandumAccountsReviewAuthorizedRevenueThresholdPercentage
0.02
CY2021Q4 sjw Regulatory Balancingand Memorandum Accounts Net Under Collected
RegulatoryBalancingandMemorandumAccountsNetUnderCollected
2312000 USD
CY2020Q4 sjw Balancingand Memorandum Revenue Account Net
BalancingandMemorandumRevenueAccountNet
10043000 USD
CY2021 sjw Balancingand Memorandum Revenue Account Increase Decrease
BalancingandMemorandumRevenueAccountIncreaseDecrease
8779000 USD
CY2021 sjw Balancingand Memorandum Revenue Account Refunds Collections
BalancingandMemorandumRevenueAccountRefundsCollections
-371000 USD
CY2021Q4 sjw Balancingand Memorandum Revenue Account Net
BalancingandMemorandumRevenueAccountNet
18451000 USD
CY2020Q4 sjw Balancingand Memorandum Cost Recovery Account Net
BalancingandMemorandumCostRecoveryAccountNet
15420000 USD
CY2021 sjw Balancingand Memorandum Cost Recovery Account Increase Decrease
BalancingandMemorandumCostRecoveryAccountIncreaseDecrease
4865000 USD
CY2021 sjw Balancingand Memorandum Cost Recovery Account Refunds Collections
BalancingandMemorandumCostRecoveryAccountRefundsCollections
-402000 USD
CY2021Q4 sjw Balancingand Memorandum Cost Recovery Account Net
BalancingandMemorandumCostRecoveryAccountNet
19883000 USD
CY2021 sjw Balancingand Memorandum Account Increase Decrease
BalancingandMemorandumAccountIncreaseDecrease
13644000 USD
CY2021 sjw Balancingand Memorandum Account Refunds Collections
BalancingandMemorandumAccountRefundsCollections
-773000 USD
CY2021Q4 sjw Balancing And Memorandum Account Net
BalancingAndMemorandumAccountNet
38334000 USD
CY2019Q4 sjw Balancingand Memorandum Revenue Account Net
BalancingandMemorandumRevenueAccountNet
-1940000 USD
CY2020 sjw Balancingand Memorandum Revenue Account Increase Decrease
BalancingandMemorandumRevenueAccountIncreaseDecrease
2516000 USD
CY2020 sjw Balancingand Memorandum Revenue Account Refunds Collections
BalancingandMemorandumRevenueAccountRefundsCollections
9467000 USD
CY2020Q4 sjw Balancingand Memorandum Revenue Account Net
BalancingandMemorandumRevenueAccountNet
10043000 USD
CY2019Q4 sjw Balancingand Memorandum Cost Recovery Account Net
BalancingandMemorandumCostRecoveryAccountNet
7223000 USD
CY2020 sjw Balancingand Memorandum Cost Recovery Account Increase Decrease
BalancingandMemorandumCostRecoveryAccountIncreaseDecrease
8324000 USD
CY2020 sjw Balancingand Memorandum Cost Recovery Account Refunds Collections
BalancingandMemorandumCostRecoveryAccountRefundsCollections
-127000 USD
CY2020Q4 sjw Balancingand Memorandum Cost Recovery Account Net
BalancingandMemorandumCostRecoveryAccountNet
15420000 USD
CY2019Q4 sjw Balancing And Memorandum Account Net
BalancingAndMemorandumAccountNet
5283000 USD
CY2020 sjw Balancingand Memorandum Account Increase Decrease
BalancingandMemorandumAccountIncreaseDecrease
10840000 USD
CY2020 sjw Balancingand Memorandum Account Refunds Collections
BalancingandMemorandumAccountRefundsCollections
9340000 USD
CY2020Q4 sjw Balancing And Memorandum Account Net
BalancingAndMemorandumAccountNet
25463000 USD
CY2020Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
70000000 shares
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
70000000 shares
CY2020Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
30181348 shares
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
30181348 shares
CY2020Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
28556605 shares
CY2020Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
28556605 shares
CY2020Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
CY2021Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
CY2021Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2020Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2020Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2021Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2021Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2020Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2021Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2021Q1 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
59.00
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
1522955000 USD
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
1352320000 USD
CY2021Q4 us-gaap Debt Instrument Unamortized Premium
DebtInstrumentUnamortizedPremium
19937000 USD
CY2020Q4 us-gaap Debt Instrument Unamortized Premium
DebtInstrumentUnamortizedPremium
22479000 USD
CY2021Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
10851000 USD
CY2020Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
10978000 USD
CY2021Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
39106000 USD
CY2020Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
76241000 USD
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1492935000 USD
CY2020Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1287580000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
39179000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
4360000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
48983000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
3648000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
23303000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
1403482000 USD
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
8587000 USD
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
11349000 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
7577000 USD
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
2633000 USD
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
2528000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
2126000 USD
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-3811000 USD
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-8073000 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-1929000 USD
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
960000 USD
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
2576000 USD
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
680000 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8369000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8380000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8454000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
68847000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
69895000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
32081000 USD
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
14458000 USD
CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
14678000 USD
CY2019 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
6737000 USD
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
4572000 USD
CY2020 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
4142000 USD
CY2019 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
2251000 USD
CY2021 sjw Effective Income Tax Rate Reconciliation Uncertain Tax Positions
EffectiveIncomeTaxRateReconciliationUncertainTaxPositions
-1678000 USD
CY2020 sjw Effective Income Tax Rate Reconciliation Uncertain Tax Positions
EffectiveIncomeTaxRateReconciliationUncertainTaxPositions
-1351000 USD
CY2019 sjw Effective Income Tax Rate Reconciliation Uncertain Tax Positions
EffectiveIncomeTaxRateReconciliationUncertainTaxPositions
-323000 USD
CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense Depreciation
IncomeTaxReconciliationNondeductibleExpenseDepreciation
-8573000 USD
CY2020 us-gaap Income Tax Reconciliation Nondeductible Expense Depreciation
IncomeTaxReconciliationNondeductibleExpenseDepreciation
-9215000 USD
CY2019 us-gaap Income Tax Reconciliation Nondeductible Expense Depreciation
IncomeTaxReconciliationNondeductibleExpenseDepreciation
-2054000 USD
CY2021 sjw Effective Income Tax Rate Reconciliation Other Adjustments Merger Costs
EffectiveIncomeTaxRateReconciliationOtherAdjustmentsMergerCosts
0 USD
CY2020 sjw Effective Income Tax Rate Reconciliation Other Adjustments Merger Costs
EffectiveIncomeTaxRateReconciliationOtherAdjustmentsMergerCosts
-296000 USD
CY2019 sjw Effective Income Tax Rate Reconciliation Other Adjustments Merger Costs
EffectiveIncomeTaxRateReconciliationOtherAdjustmentsMergerCosts
5350000 USD
CY2021 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
0 USD
CY2020 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
0 USD
CY2019 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
77000 USD
CY2021 sjw Effective Income Tax Rate Reconciliation Reversal Of Excess Deferred Taxes Recognized In Regulatory Liability Amount
EffectiveIncomeTaxRateReconciliationReversalOfExcessDeferredTaxesRecognizedInRegulatoryLiabilityAmount
-3295000 USD
CY2020 sjw Effective Income Tax Rate Reconciliation Reversal Of Excess Deferred Taxes Recognized In Regulatory Liability Amount
EffectiveIncomeTaxRateReconciliationReversalOfExcessDeferredTaxesRecognizedInRegulatoryLiabilityAmount
-2912000 USD
CY2019 sjw Effective Income Tax Rate Reconciliation Reversal Of Excess Deferred Taxes Recognized In Regulatory Liability Amount
EffectiveIncomeTaxRateReconciliationReversalOfExcessDeferredTaxesRecognizedInRegulatoryLiabilityAmount
-2355000 USD
CY2021 sjw Effective Income Tax Rate Reconciliation Nondeductible Expense Pensions
EffectiveIncomeTaxRateReconciliationNondeductibleExpensePensions
429000 USD
CY2020 sjw Effective Income Tax Rate Reconciliation Nondeductible Expense Pensions
EffectiveIncomeTaxRateReconciliationNondeductibleExpensePensions
92000 USD
CY2019 sjw Effective Income Tax Rate Reconciliation Nondeductible Expense Pensions
EffectiveIncomeTaxRateReconciliationNondeductibleExpensePensions
-1244000 USD
CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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ContingenciesSJW Group and its subsidiaries are subject to ordinary routine litigation incidental to its business. There are no pending legal proceedings to which SJW Group or any of its subsidiaries is a party, or to which any of its properties is the subject, that are expected to have a material effect on SJW Group’s business, financial position, results of operations or cash flows.
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