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Middlesex Water Company$52.74($1.74)(3.19%)

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Income Statement for Middlesex Water Company
(Amounts are in millions) 12/2017 12/2016 12/2015
Press Release Press Release Press Release
Net Sales or Revenues $130.78 $132.91 $126.03
Cost of Goods Sold $64.67 $65.53 $65.17
Gross Profit $66.11 $67.37 $60.86
       
Research & Development Expense $0.00 $0.00 $0.00
Selling, General, & Admin. Expense $13.57 $13.94 $12.97
Income Before Depreciation $52.54 $53.43 $47.89
       
Depreciation, Depletion, Amortization $13.92 $12.80 $12.05
Non-Operating Income $0.80 ($0.86) $0.29
Interest Expense $5.51 $5.29 $5.55
Pretax Income $33.91 $34.48 $30.58
       
Provision for Income Taxes $11.10 $11.74 $10.55
Minority Interest $0.00 $0.00 $0.00
Investment Gains (Losses) $0.00 $0.00 $0.00
Other Income $0.00 $0.00 $0.00
Income Before Extraordinaries $22.81 $22.74 $20.03
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income $22.81 $22.74 $20.03
       
Basic Earnings Per Share $1.39 $1.39 $1.23
Diluted Earnings Per Share $1.38 $1.38 $1.22
       
Weighted Average Basic Shares Outstanding 16.42 16.26 16.17
Weighted Average Diluted Shares Outstanding 16.42 16.38 16.30
       
Income Before Non-Recurring Items $22.81 $22.74 $20.03
Income From Non-Recurring Items $0.00 $0.00 $0.00
Diluted Earnings Per Share before extras $1.38 $1.38 $1.22
       
Dividend (preferred) ($0.03) $0.14 $0.14
Dividend (common) $14.02 $13.15 $12.58
Dividend Per Share (common) $0.86 $0.81 $0.78




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