Form 8-K
8-K — CALIFORNIA WATER SERVICE GROUP
Accession: 0001104659-26-119776
Filed: 2026-10-29
Period: 2026-10-28
CIK: 0001035201
SIC: 4941 (WATER SUPPLY)
Item: Results of Operations and Financial Condition
Item: Financial Statements and Exhibits
Documents
8-K — tm2628507d1_8k.htm (Primary)
EX-99.1 — EXHIBIT 99.1 (tm2628507d1_ex99-1.htm)
EX-99.2 — EXHIBIT 99.2 (tm2628507d1_ex99-2.htm)
GRAPHIC (tm2628507d1_ex99-1img001.jpg)
GRAPHIC (tm2628507d1_ex99-1img002.jpg)
GRAPHIC (tm2628507d1_ex99-2img001.jpg)
GRAPHIC (tm2628507d1_ex99-2img002.jpg)
GRAPHIC (tm2628507d1_ex99-2img003.jpg)
GRAPHIC (tm2628507d1_ex99-2img004.jpg)
GRAPHIC (tm2628507d1_ex99-2img005.jpg)
GRAPHIC (tm2628507d1_ex99-2img006.jpg)
GRAPHIC (tm2628507d1_ex99-2img007.jpg)
GRAPHIC (tm2628507d1_ex99-2img008.jpg)
GRAPHIC (tm2628507d1_ex99-2img009.jpg)
GRAPHIC (tm2628507d1_ex99-2img010.jpg)
GRAPHIC (tm2628507d1_ex99-2img011.jpg)
GRAPHIC (tm2628507d1_ex99-2img012.jpg)
GRAPHIC (tm2628507d1_ex99-2img013.jpg)
GRAPHIC (tm2628507d1_ex99-2img014.jpg)
GRAPHIC (tm2628507d1_ex99-2img015.jpg)
GRAPHIC (tm2628507d1_ex99-2img016.jpg)
GRAPHIC (tm2628507d1_ex99-2img017.jpg)
GRAPHIC (tm2628507d1_ex99-2img018.jpg)
GRAPHIC (tm2628507d1_ex99-2img019.jpg)
GRAPHIC (tm2628507d1_ex99-2img020.jpg)
GRAPHIC (tm2628507d1_ex99-2img021.jpg)
XML — IDEA: XBRL DOCUMENT (R1.htm)
8-K — FORM 8-K
8-K (Primary)
Filename: tm2628507d1_8k.htm · Sequence: 1
false
0001035201
0001035201
2026-10-28
2026-10-28
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report Pursuant to Section 13
or 15(d) of
The Securities Exchange Act of 1934
Date of Report (date of earliest event
reported): October 28, 2026
CALIFORNIA WATER SERVICE GROUP
(Exact name of Registrant as Specified in its
Charter)
Delaware
(State or other jurisdiction
of incorporation)
1-13883
(Commission file number)
77-0448994
(I.R.S. Employer
Identification Number)
1720 North First Street
San Jose, California
(Address of principal executive offices)
95112
(Zip Code)
(408) 367-8200
(Registrant’s telephone number, including
area code)
N/A
(Former name or former address, if changed
since last report)
Check the appropriate box below if the Form 8-K filing
is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
(17 CFR 240.14d-2(b))
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
(17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of
the Act:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Shares, par value $0.01
CWT
New York Stock Exchange
Indicate by check mark whether the registrant is an emerging
growth company as defined by Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of
the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ¨
If an emerging growth
company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or
revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 2.02.
Results of Operations and Financial Condition
On October 28, 2026, California Water Service
Group (the “Company”) issued a press release (a copy of which is attached hereto as Exhibit 99.1 and incorporated herein
by reference) announcing its financial results for the third quarter of 2026, ended September 30, 2026.
As announced, the Company will host a conference
call on Thursday, October 29, 2026, at 11:00 am EDT to discuss financial results and management’s business outlook. The financial
results announcement contains information about how to access the conference call and webcast. A slide presentation, which includes supplemental
information relating to the Company, will be used by management during the conference call. A copy of the slide presentation is attached
hereto as Exhibit 99.2 and is incorporated by reference herein. The press release and presentation will also be posted on the Company’s
website at www.calwatergroup.com under the “Investor Relations” tab.
The information furnished pursuant to Item 2.02
of this Current Report shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934,
as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended,
or the Exchange Act, except as expressly set forth by specific reference in such a filing.
Item 9.01.
Financial Statements and Exhibits.
We hereby furnish the following exhibits, which
shall not be deemed “filed” for the purposes of Section 18 of the Exchange Act, with this report:
Exhibit No.
Description
99.1
Press Release issued October 28, 2026
99.2
Slide presentation relating to conference call
104
Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
CALIFORNIA WATER SERVICE GROUP
Date: October 29, 2026
By:
/s/ James P. Lynch
Name:
James P. Lynch
Title:
Senior Vice President, Chief Financial Officer and Treasurer
EX-99.1 — EXHIBIT 99.1
EX-99.1
Filename: tm2628507d1_ex99-1.htm · Sequence: 2
Exhibit 99.1
California Water
Service Group Reports Solid Third Quarter 2026 Results and
Successful Execution
of Business Strategy
SAN JOSE, Calif., October 28,
2026 -- California Water Service Group (Group or Company, NYSE: CWT), a leading publicly traded water utility serving California, Hawaii,
New Mexico, Washington, and Texas, today reported solid financial results for the third quarter 2026.
Financial Highlights
· Recorded
net income of $65.4 million and diluted EPS of $1.05 in Q3 2026, compared to net income of
$61.2 million and diluted EPS of $1.03 reported in Q3 2025.
· Invested
$148.3 million in water system infrastructure.
· Received
approval from the Washington Utilities and Transportation Commission (WUTC) on the Washington
Water Service (Washington Water) General Rate Case (GRC) that will add $4.1 million to annual
revenues.
· Received
change-of-control approval from the public utilities commissions in Nevada and Oregon for
water and wastewater system acquisitions.
· Declared
the 327th consecutive quarterly dividend in the amount of $0.335 per common share.
According to Chairman and Chief Executive
Officer Martin A. Kropelnicki, the Company’s solid financial performance reflects the continued successful execution of its business
strategy, including improving water system sustainability and keeping rates affordable.
“We are making investments needed
to provide safe, reliable water service; working with our regulators to recover costs while keeping rates affordable; focusing on maintaining
a strong balance sheet; preparing for emergencies that can affect our customers, including extreme weather events and wildfires; and
making a difference in our communities. We delivered strong results by maintaining a laser focus on executing our strategy and putting
our customers first,” he said.
Q3 2026 Financial Results
· Q3 2026 revenue increased $21.0
million or 6.7% to $332.2 million, compared to revenue of $311.2 million in Q3 2025.
◦ Rate changes and new customers
added $22.1 million in revenue, while changes in the Drought Response Memorandum Account (DREMA) contributed an additional $3.9 million.
◦ Decline in customer water usage
offset revenue increases by $4.4 million.
· Q3
2026 operating expenses increased $8.9 million or 3.7% to $249.5 million compared to Q3 2025
operating expenses of $240.6 million.
◦ Water production costs were consistent
between the quarters with higher wholesale water costs, partially offset by lower customer usage.
◦ Other operations expenses increased
$4.1 million compared to Q3 2025 primarily due to a $2.8 million increase in water conservation program expenditures.
◦ Income tax expense on operating
income increased $7.1 million compared to Q3 2025 due to higher pre-tax income and a scheduled reduction in the Tax Cut and Jobs Act
(TCJA) refund.
· Net
other income decreased $6.0 million during the quarter due to a $3.9 million reduction in
non-qualified benefit plan investment gains and an increase of $1.4 million in business acquisition
expenses.
YTD 2026 Financial Results
· YTD
2026 net income was $125.9 million or $2.07 per diluted share, an increase of 7.9% or $9.2
million and $0.11 per diluted share compared to YTD 2025 net income of $116.7 million or
$1.96 per diluted share.
· YTD
2026 revenue increased $75.1 million or 9.6% to $855.3 million, compared to YTD revenue of
$780.2 million in 2025.
◦ Rate changes and new customers
added $51.9 million in revenue.
◦ DREMA added $3.9 million in revenue.
◦ The Interim Rates Memorandum Account
related to the recently completed 2024 California GRC proceeding added $15.7 million.
◦ Recognition of remaining deferred
revenue under California Water Service’s (Cal Water) previous Water Revenue Adjustment Mechanism (WRAM) added $9.9 million.
◦ Decline in customer water usage
offset revenue increases by $3.9 million.
· YTD
2026 operating expenses increased $48.2 million or 7.6% to $683.6 million compared to YTD
operating expenses of $635.4 million in 2025.
◦ Water production costs increased
$14.1 million, primarily due to an increase in wholesale water rates, partially offset by lower customer usage.
◦ Other operations expenses increased
$19.9 million, primarily due to the recognition of $8.1 million of deferred WRAM costs and an increase of $5.5 million in water conservation
program expenses.
◦ Income tax expense on operating
income increased $13.1 million due to higher pre-tax income and a scheduled reduction in the TCJA refund.
· Net
other income decreased $9.5 million due to a $4.7 million decrease in the net periodic benefit
credit, an increase of $4.1 million in business acquisition expenses, and a $3.0 million
reduction in non-qualified benefit plan investment gains.
Investing in Infrastructure to Provide
Safe, High-Quality Water Service
The Company continued to invest responsibly
in infrastructure projects that enhance quality and reliability for customers, including water main replacements, groundwater wells,
and water quality treatment projects. Group capital investments for the nine months ended September 30, 2026, were $424.8 million, up
16.5% compared to September 30, 2025, YTD investments of $364.7 million.
Working with Regulators to Recover
Costs While Keeping Rates Affordable
In the third quarter, the California
Public Utilities Commission (CPUC) granted Cal Water’s request to recover certain PFAS treatment costs using the advice letter
process. In 2026, Cal Water has invested $23 million YTD in PFAS treatment projects and has 18 plants under construction. Company-wide,
Group expects to invest $228.0 million in PFAS treatment and well replacement projects; to date, it has recovered $59.4 million in net
proceeds from PFAS manufacturers to help reduce the rate impact on customers.
Importantly, Cal Water assesses customer
affordability during every GRC. In 2025, median water bills were 0.88% of median household income, which is well within the affordability
guideline of 2% established by the United States Environmental Protection Agency. In addition, Cal Water provides a low-income assistance
program, an additional discount for customers in higher-cost service areas, customer conservation programs and rebates, and interest-free
payment plans. It also actively pursues state and federal grants to help mitigate rate increases, especially in low-income communities.
In Washington, the WUTC adopted the
joint settlement agreement of Washington Water, WUTC staff, and the Consumer Advocate team from the Public Counsel Unit of the Washington
Attorney General’s Office, which authorizes rate increases that will increase annual revenues by $4.1 million, effective October
1, 2026.
After the close of the third quarter,
the State of Hawaii Public Utilities Commission (HPUC) adopted a settlement agreement between Hawaii Water and the HPUC Consumer Advocate
that authorizes rate increases in the Kapalua water and wastewater systems that will increase annual revenues by $1.94 million, effective
October 21, 2026. This rate increase will be the first one implemented since these systems were acquired in 2021 and reflects the capital
improvements Hawaii Water continues to make to improve water system reliability.
Progressing on Nevada and Oregon
Acquisitions
On August 11, 2026, the Public Utilities
Commission of Nevada approved California Water Service Group’s acquisition of Nexus Water Group’s (Nexus) Nevada systems
and operations, and on October 27, 2026, the Oregon Public Utilities Commission (OPUC) followed suit. The Company expects to close the
Nevada and Oregon acquisitions in the fourth quarter of 2026.
Maintaining a Strong Balance Sheet
As of September 30, 2026, Group’s
cash and cash equivalents totaled $45.1 million and restricted cash was $45.8 million. Group and Cal Water had additional short-term
borrowing capacity of $200.0 million and $225.0 million, respectively, subject to meeting the borrowing conditions on its Group and Cal
Water lines of credit.
During the third quarter, the Company
sold 1.0 million shares of common stock through its at-the-market equity program and raised proceeds of $49.8 million. In addition, the
Company entered into forward sales agreements with investors to sell an additional 1.6 million shares. The Company has up to 12 months
from date it entered into the forward contracts to settle the agreements. As of September 30, 2026, we could have physically settled
with the investors for $77.8 million.
Subsequent to the end of the third quarter,
the Company and Cal Water also entered into Note and First Mortgage Bond purchase agreements, respectively, which provide for the issuance
of $125.0 million in unsecured borrowings (the Notes) and $150.0 million in secured borrowings (the Bonds). The Notes will accrue interest
at 6.08% and 6.41% with maturities of December 15, 2031 and December 15, 2036. The Bonds will accrue interest at 6.49% and 6.54% with
maturities of December 15, 2046 and December 15, 2056. The Notes and Bonds are expected to be issued on or before December 31, 2026.
With the long-term debt agreements and
equity forward arrangements in place, the Company believes it has the resources to finance its on-going initiatives into the first half
of 2027, including the acquisition of Nevada and Oregon systems which we expect to close before December 31, 2026.
The most recent Cost of Capital decision
for Cal Water, which remains effective through December 2027, establishes a 10.27% authorized return on equity, a 7.46% authorized return
on rate base, and a debt/equity structure of 46.6%/53.4%.
Increasing Dividends for 59 Consecutive
Years
The Group Board of Directors has declared
the 327th consecutive quarterly dividend in the amount of $0.335 per common share. The Company’s 59th consecutive
annual dividend increase announced earlier this year is expected to yield an annual dividend of $1.34 per common share, an increase of
8.1% over 2025.
Preparing for Emergencies
Group continued to prioritize emergency
preparedness in the third quarter, providing emergency preparedness and response training to employees and first responders; equipping
and preparing its Operations Rapid Response Teams; positioning and fueling back-up power sources; testing satellite phones and two-way
radios; maintaining vegetation to help minimize damage to key facilities in the event of storms or fires; and preparing to conduct additional
water quality monitoring, if needed. These ongoing efforts are expected to better prepare the Company to deal with natural disasters,
including wildfires and forecasted El Niño conditions.
Making an Impact in the Community
During the third quarter, Group celebrated
its centennial with customers, awarded scholarships to students, and opened its firefighter grant program. The Company was named one
of America’s Greatest Workplaces, America’s Greatest Companies, and World’s Greenest Companies by Newsweek.
And Cal Water partnered with Selma Unified School District and Self-Help Enterprises to do the work necessary to connect Indianola Elementary
School to its system in order to provide high-quality water to 400 students and faculty.
For additional details on the Company’s
third quarter results, please see the Form 10-Q which will be available at: www.calwatergroup.com/investors/financials-filings-reports/sec-filings,
or listen to the earnings teleconference or teleconference replay.
Quarterly Earnings Teleconference
The quarterly teleconference will take
place on October 29, 2026, at 8 a.m. PT/11 a.m. ET. To join, dial 1-800-715-9871 or 1-646-307-1963 and key in ID# 2080463, or access
the live audio webcast at edge.media-server.com/mmc/p/5ckhdfck.
A replay of the call will be available
from 2 p.m. ET on October 29, 2026, through November 28, 2026, at 1-800-770-2030 or 1-609-800-9909 by keying in ID# 2080463, or by accessing
the webcast above. The call will be hosted by Chairman and Chief Executive Officer Martin A. Kropelnicki and Senior Vice President, Chief
Financial Officer and Treasurer James P. Lynch. Prior to the call, the Company will publish a slide presentation on its website.
About California Water Service Group
Group is the parent company of regulated
utilities California Water Service Company, Hawaii Water Service Company, Inc., New Mexico Water Service Company, and Washington Water
Service Company, as well as TWSC, Inc. (Texas Water Service), a utility holding company. Together, these companies provide regulated
and non-regulated water and wastewater service to more than 2.2 million people in California, Hawaii, New Mexico, Washington, and Texas.
Group’s common stock trades on the New York Stock Exchange under the symbol “CWT.” Additional information is available
online at www.calwatergroup.com.
This news release contains forward-looking
statements within the meaning established by the Private Securities Litigation Reform Act of 1995 (“PSLRA”). The forward-looking
statements are intended to qualify under provisions of the federal securities laws for “safe harbor” treatment established
by the PSLRA. Forward-looking statements in this news release are based on currently available information, expectations, estimates,
assumptions and projections and our management’s beliefs, assumptions, judgments and expectations about us, the water utility industry
and general economic conditions. These statements are not statements of historical fact. When used in our documents, statements that
are not historical in nature, including words like will, would, expects, intends, plans, believes, may, could, estimates, assumes, anticipates,
projects, progress, predicts, hopes, targets, forecasts, should, seeks or variations of these words or similar expressions are intended
to identify forward-looking statements. Examples of forward-looking statements in this news release include, but are not limited to,
statements describing the Company’s expected financial performance, expectations regarding the Company’s plans and proposals
pursuant to the 2024 CA GRC, the anticipated closing of the Company’s acquisition of Nexus Water Group’s Nevada and Oregon
subsidiaries and expected integration of the acquired systems and benefits resulting from the acquisition, the expected timing and the
amount of proceeds from the Company’s forward sales agreements, the ability to complete the issuance of the Notes and Bonds on
the expected timing, the sufficiency of the Company’s resources to finance its initiatives and expectations regarding dividends.
Forward-looking statements are not guarantees of future performance. They are based on numerous assumptions that we believe are reasonable,
but they are open to a wide range of uncertainties and business risks. Consequently, actual results or outcomes may vary materially from
what is contained in a forward-looking statement. Factors that may cause actual results or outcomes to be different than those expected
or anticipated include, but are not limited to: the outcome and timeliness of regulatory commissions’ actions concerning rate relief
and other matters, including with respect to general rate cases and other regulatory proceedings; the impact of opposition to rate increases;
our ability to recover costs; federal governmental and state regulatory commissions’ decisions, including decisions on proper disposition
of property; changes in state regulatory commissions’ policies and procedures; changes in California State Water Resources Control
Board water quality standards; changes in environmental compliance and water quality requirements, such as the United States Environmental
Protection Agency’s (EPA) finalization of a National Primary Drinking Water Regulation (NPDWR) establishing legally enforceable
maximum contaminant levels (MCL) for PFAS in drinking water in 2024 as well as legal challenges to such MCLs; EPA’s proposed new
PFAS rulemaking, including impacts to the current PFAS NPDWR; the impact of weather, climate change, natural disasters, including wildfires
and landslides and actual or threatened public health emergencies, including disease outbreaks, on our operations, water quality, water
availability, water sales and operating results and the adequacy of our emergency preparedness; electric power interruptions, especially
as a result of public safety power shutoff programs; availability of water supplies; our ability to invest or apply the proceeds from
the issuance of common stock in an accretive manner; our ability to complete [the issuance of the Notes and Bonds and] the settlement
of the forward sales agreements on the expected timing or at all]; consequences of eminent domain actions relating to our water systems;
increased risk of inverse condemnation losses as a result of the impact of weather, climate change and natural disasters, including wildfires
and landslides; shifts in population, including housing and customer growth; issues with the implementation, maintenance or security
of our information technology and operational technology systems; physical and cyber security risks and threats and the adequacy of our
efforts to mitigate such risks and threats; the ability of our enterprise risk management processes to identify or address risks adequately;
labor relations matters as we negotiate with the unions; changes in customer water use patterns and the effects of conservation, including
as a result of drought conditions; our ability to complete, in a timely manner or at all, successfully integrate and achieve anticipated
benefits from announced acquisitions, including the Oregon, Nevada and BVRT acquisitions; restrictive covenants in or changes to the
credit ratings on our current or future debt that could increase our financing costs or affect our ability to borrow, make payments on
debt or pay dividends; risks associated with expanding our business and operations, including into other geographic areas; the impact
of stagnating or worsening business and economic conditions, including inflationary pressures, general economic slowdown or a recession,
changes in tariff policy, the interest rate environment, changes in monetary policy, adverse capital markets activity or macroeconomic
conditions as a result of geopolitical conflicts, including ongoing conflicts in Ukraine and the Middle East, and the prospect of shutdowns
of the U.S. federal government; the impact of market conditions and volatility on unrealized gains or losses on our non-qualified benefit
plan investments and our operating results; the impact of weather and timing of meter reads on our accrued and unbilled revenue; the
impact of evolving legal and regulatory requirements, including sustainability requirements; the impact of the evolving U.S. political
environment and changes effected, proposed, or threatened by the U.S. federal government that has led to, in some cases, legal challenges
and uncertainty around the funding, functioning and policy priorities of U.S. federal regulatory agencies and the status of current and
future regulations; and other risks and unforeseen events described in our Securities and Exchange Commission (“SEC”) filings.
In light of these risks, uncertainties and assumptions, investors are cautioned not to place undue reliance on forward-looking statements,
which speak only as of the date of this news release. When considering forward-looking statements, you should keep in mind the cautionary
statements included in this paragraph, as well as the Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other reports filed
from time-to-time with the SEC. We are not under any obligation and we expressly disclaim any obligation to update or alter any forward-looking
statements, whether as a result of new information, future events or otherwise. A credit rating is not a recommendation to buy, sell
or hold any securities, may be changed at any time by the applicable ratings agency and should be evaluated independently of any other
information.
Contacts:
James P. Lynch, (408) 367-8200 (analysts)
Shannon Dean, (408) 367-8243 (media)
CALIFORNIA WATER SERVICE GROUP
CONDENSED CONSOLIDATED BALANCE SHEETS
Unaudited
(In thousands, except per share data)
September 30,
2026
December 31,
2025
ASSETS
Utility plant:
Utility plant
$ 6,297,996
$ 5,909,242
Less accumulated depreciation and amortization
(1,367,753 )
(1,329,652 )
Net utility plant
4,930,243
4,579,590
Current assets:
Cash and cash equivalents
45,117
51,820
Restricted cash
45,834
45,553
Receivables:
Customers, net
80,740
56,322
Short-term regulatory assets
86,507
72,511
Other, net
37,202
49,004
Accrued and unbilled revenue, net
64,122
39,674
Materials and supplies
18,360
19,784
Taxes, prepaid expenses, and other assets
29,697
19,760
Total current assets
407,579
354,428
Other assets:
Regulatory assets
320,115
339,865
Goodwill
37,063
37,063
Other assets
379,373
360,219
Total other assets
736,551
737,147
TOTAL ASSETS
$ 6,074,373
$ 5,671,165
CAPITALIZATION AND LIABILITIES
Capitalization:
Common stock, $0.01 par value; 136,000 shares authorized, 62,877 and 59,638 outstanding on September 30, 2026 and December 31, 2025, respectively
$ 629
$ 596
Additional paid-in capital
1,121,845
973,454
Retained earnings
794,184
729,276
Accumulated other comprehensive loss
(12,768 )
(13,922 )
Noncontrolling interests
2,639
2,571
Total equity
1,906,529
1,691,975
Long-term debt, net
1,472,021
1,471,968
Total capitalization
3,378,550
3,163,943
Current liabilities:
Current maturities of long-term debt, net
316
2,270
Short-term borrowings
175,000
130,000
Accounts payable
207,633
175,729
Short-term regulatory liabilities
89,889
25,458
Accrued other taxes
12,635
6,048
Accrued interest
23,309
12,976
Other accrued liabilities
66,068
65,683
Total current liabilities
574,850
418,164
Deferred income taxes
473,399
450,946
Regulatory liabilities
920,323
929,814
Pension
95,677
94,226
Advances for construction
213,334
210,638
Contributions in aid of construction
307,951
297,016
Other long-term liabilities
110,289
106,418
Commitments and contingencies
TOTAL CAPITALIZATION AND LIABILITIES
$ 6,074,373
$ 5,671,165
CALIFORNIA WATER SERVICE GROUP
CONDENSED CONSOLIDATED STATEMENTS
OF OPERATIONS
Unaudited
(In thousands, except per share data)
Three Months Ended
September 30,
Nine Months Ended
September 30,
2026
2025
2026
2025
Operating revenue
$ 332,168
$ 311,235
$ 855,337
$ 780,162
Operating expenses:
Operations:
Water production costs
102,103
102,703
265,275
251,197
Administrative and general
35,010
36,237
104,917
103,728
Other operations
37,512
33,455
113,889
93,986
Maintenance
9,428
9,812
26,944
26,523
Depreciation and amortization
34,708
36,118
104,208
108,103
Income tax expense
17,726
10,639
31,672
18,589
Property and other taxes
13,003
11,656
36,691
33,267
Total operating expenses
249,490
240,620
683,596
635,393
Net operating income
82,678
70,615
171,741
144,769
Other income and expenses:
Non-regulated revenue
5,917
5,349
17,379
15,341
Non-regulated expenses
(9,121 )
(2,456 )
(18,157 )
(8,790 )
Other components of net periodic benefit credit
3,010
4,548
9,270
13,937
Allowance for equity funds used during construction
2,478
2,145
6,642
5,840
Income tax expense on other income and expenses
(612 )
(1,960 )
(3,719 )
(5,415 )
Net other income
1,672
7,626
11,415
20,913
Interest expense:
Interest expense
20,170
18,113
60,598
52,086
Allowance for borrowed funds used during construction
(1,216 )
(988 )
(3,328 )
(2,772 )
Net interest expense
18,954
17,125
57,270
49,314
Net income
65,396
61,116
125,886
116,368
Net loss attributable to noncontrolling interests
(12 )
(114 )
(24 )
(361 )
Net income attributable to California Water Service Group
$ 65,408
$ 61,230
$ 125,910
$ 116,729
Earnings per share of common stock:
Basic
$ 1.05
$ 1.03
$ 2.07
$ 1.96
Diluted
$ 1.05
$ 1.03
$ 2.07
$ 1.96
Weighted average shares outstanding:
Basic
62,393
59,585
60,826
59,557
Diluted
62,502
59,653
60,913
59,615
Dividends per share of common stock
$ 0.34
$ 0.30
$ 1.01
$ 0.94
EX-99.2 — EXHIBIT 99.2
EX-99.2
Filename: tm2628507d1_ex99-2.htm · Sequence: 3
Exhibit 99.2
Third Quarter 2026 Earnings Presentation October 29, 2026
Today’s Speakers 2 Marty Kropelnicki Chairman & CEO James Lynch Sr. Vice President, CFO & Treasurer
This presentation contains forward - looking statements within the meaning established by the Private Securities Litigation Reform Act of 1995 (“PSLRA”) . The forward - looking statements are intended to qualify under provisions of the federal securities laws for “safe harbor” treatment established by the PSLRA . Forward - looking statements in this presentation are based on currently available information, expectations, estimates, assumptions and projections, and our management’s beliefs, assumptions, judgments and expectations about us, the water utility industry and general economic conditions . These statements are not statements of historical fact . When used in our documents, statements that are not historical in nature, including words like will, would, expects, intends, plans, believes, may, could, estimates, assumes, anticipates, projects, progress, predicts, hopes, targets, forecasts, should, seeks or variations of these words or similar expressions are intended to identify forward - looking statements . Examples of forward - looking statements in this presentation include, but are not limited to, statements describing expectations regarding financial performance, operating plans, capital investments and expenditures, depreciation, M&A investments, the anticipated closing and timing of acquisitions of Nexus Water Group’s Nevada and Oregon utilities, and remaining outstanding membership interests in BVRT and expected benefits resulting from the Nevada, Oregon, and BVRT acquisitions, rate base growth, customer growth potential, compound annual growth rate and annual dividend yield ; the expected timing and the amount of proceeds from the California Water Service Group’s (Group or Company) forward sales agreements, the ability to complete the issuance of the notes and bonds described in this presentation on the expected timing or at all and the sufficiency of the Company’s resources to finance its initiatives . Forward - looking statements are not guarantees of future performance . They are based on numerous assumptions that we believe are reasonable, but they are open to a wide range of uncertainties and business risks . Consequently, actual results or outcomes may vary materially from what is contained in a forward - looking statement . Factors that may cause actual results or outcomes to be different than those expected or anticipated include, but are not limited to : the outcome and timeliness of regulatory commissions’ actions concerning rate relief and other matters ; the impact of opposition to rate increases ; our ability to recover costs ; Federal governmental and state regulatory commissions’ decisions, including decisions on proper disposition of property ; changes in state regulatory commissions’ policies and procedures ; changes in California State Water Resources Control Board water quality standards ; changes in environmental compliance and water quality requirements, EPA’s finalization of and changes to a National Primary Drinking Water Regulation (NPDWR) establishing legally enforceable maximum contaminant levels (MCL) for PFAS in drinking water in 2024 as well as legal challenges to such MCLS ; EPA’s proposed new PFAS rulemaking including impacts to the current PFAS NPDWR ; the impact of weather, climate change, natural disasters, including wildfires and landslides, and actual or threatened public health emergencies, including disease outbreaks, on our operations, water quality, water availability, water sales and operating results and the adequacy of our emergency preparedness ; electric power interruptions, especially as a result of public safety power shutoff programs ; availability of water supplies ; our ability to invest or apply the proceeds from the issuance of common stock in an accretive manner ; our ability to complete the issuance of the notes and bonds and the settlement of the forward sales agreements on the expected timing or at all ; consequences of eminent domain actions relating to our water systems ; increased risk of inverse condemnation losses as a result of the impact of weather, climate change, and natural disasters, including wildfires and landslides ; shifts in population, including housing and customer growth ; issues with the implementation, maintenance or security of our information technology systems ; physical and cyber security risks and threats and the adequacy of our efforts to mitigate such risks and threats ; the ability of our enterprise risk management processes to identify or address risks adequately ; labor relations matters as we negotiate with the unions ; changes in customer water use patterns and the effects of conservation, including as a result of drought conditions ; our ability to complete, in a timely manner or at all, successfully integrate and achieve anticipated benefits from announced acquisitions ; including the Nevada and Oregon systems, and BVRT acquisitions ; restrictive covenants in or changes to the credit ratings on our current or future debt that could increase our financing costs or affect our ability to borrow, make payments on debt or pay dividends ; risks associated with expanding our business and operations, including into other geographic areas ; the impact of stagnating or worsening business and economic conditions, including inflationary pressures, general economic slowdown or a recession, changes in tariff policy, the interest rate environment, changes in monetary policy, adverse capital markets activity or macroeconomic conditions as a result of geopolitical conflicts, including the ongoing conflict in Ukraine and the Middle East, and the prospect of shutdowns of the U . S . federal government ; the impact of market conditions and volatility on unrealized gains or losses on our non - qualified benefit plan investments and our operating results ; the impact of weather and timing of meter reads on our accrued and unbilled revenue ; the impact of evolving legal and regulatory requirements, including sustainability requirements ; the impact of the evolving U . S . political environment and changes effected, proposed or threatened by the U . S . federal government that has led to, in some cases, legal challenges and uncertainty around the funding, functioning and policy priorities of U . S . federal regulatory agencies and the status of current and future regulations ; and other risks and unforeseen events described in our SEC filings . In light of these risks, uncertainties and assumptions, investors are cautioned not to place undue reliance on forward - looking statements, which speak only as of the date of this presentation . When considering forward - looking statements, you should keep in mind the cautionary statements included in this paragraph, as well as the Annual Report on Form 10 - K, Quarterly Reports on Form 10 - Q, and other reports filed from time - to - time with the SEC . We are not under any obligation, and we expressly disclaim any obligation to update or alter any forward - looking statements, whether as a result of new information, future events or otherwise . A credit rating is not a recommendation to buy, sell, or hold any securities, and may be changed at any time by the applicable ratings agency and should be evaluated independently of any other information . Forward - Looking Statements and Other Important Information 3
Third - Quarter 2026 Highlights 4 Our solid Q3 2026 results reflect April 2026 resolution of the 2024 CA GRC, other regulatory outcomes , and successful execution of our business strategy 1 Our strong liquidity profile supports growth; expecting Q4 close of Nevada and Oregon acquisitions 5 We focused on recovering costs while striving to keep rates affordable for customers 2 We declared 327 th consecutive quarterly dividend ; anticipated annual dividend of $1.34 is an 8.1% increase over 2025 We achieved record Q3 infrastructure investment , which drives earnings and enhances safety and reliability for customers 3 6 We continued to prioritize emergency preparedness in advance of the forecasted El Niño weather event 4
Q3 2026 Results Compared to Q3 2025 Results 5 $332.2 $311.2 $0 $50 $100 $150 $200 $250 $300 $350 $400 Operating Revenue $65.4 $61.2 $0 $10 $20 $30 $40 $50 $60 $70 $80 Net Income $1.05 $1.03 $0.00 $0.15 $0.30 $0.45 $0.60 $0.75 $0.90 $1.05 $1.20 Diluted EPS Q3 2026 vs. Q3 2025 Q3 2025 Q3 2026 Q3 2025 Q3 2026 Q3 2025 Q3 2026 (in millions, except EPS)
Diluted EPS Bridge – Q3 2025 to Q3 2026 Results $1.03 $0.28 $0.05 $0.06 - $0.06 - $0.04 - $0.06 - $0.06 - $0.15 Q3 2025 Diluted EPS Customer rate changes, new customers, and other Drought Recovery Memorandum Account (DREMA) approval Regulatory approval of memorandum account cost recovery Customer consumption decrease Water conservation program expense increase Effective income tax rate change Non - qualified benefit plan investment losses Other Q3 2026 Diluted EPS $0.00 $0.20 $0.40 $0.60 $0.80 $1.00 $1.20 $1.40 $1.05 6
Q3 2026 YTD Results Compared to Q3 2025 YTD 7 $855.3 $780.2 $0 $100 $200 $300 $400 $500 $600 $700 $800 $900 Operating Revenue $125.9 $116.7 $0 $20 $40 $60 $80 $100 $120 $140 Net Income $2.07 $1.96 $0.00 $0.25 $0.50 $0.75 $1.00 $1.25 $1.50 $1.75 $2.00 $2.25 Diluted EPS Q3 YTD 2026 vs. Q3 YTD 2025 Q3 YTD 2025 Q3 YTD 2026 Q3 YTD 2025 Q3 YTD 2026 Q3 YTD 2025 Q3 YTD 2026 (in millions, except EPS)
Diluted EPS Bridge – Q3 YTD 2025 to Q3 YTD 2026 Results $1.96 $0.66 $0.20 $0.18 - $0.05 - $0.18 - $0.11 - $0.07 - $0.12 - $0.05 - $0.05 - $0.10 - $0.20 $0.00 $0.50 $1.00 $1.50 $2.00 $2.50 $3.00 $3.50 $2.07 8
Infrastructure Investment Improves Reliability, Powers Long - Term Earnings 9 Capital expenditure estimates for 2026 - 2028 are based on actual amounts included in the 2024 California GRC decision, plus estim ated 2028 California capital expenditures and estimated 2026 - 2028 capital expenditures in our other states. The estimated capital expenditures are subject to final approval b y the CPUC and review and approval by commissions in our other states. Note: amounts for 2026 - 2028 exclude anticipated Nevada and Oregon capital investments. $274 $299 $293 $328 $384 $471 $517 $627 $667 $700 $89 $99 $109 $109 $121 $132 $144 $147 $169 $181 $0 $100 $200 $300 $400 $500 $600 $700 $800 2019 2020 2021 2022 2023 2024 2025 2026* 2027* 2028* Capital Investment Depreciation 2026 - 2028 TOTAL CapEx 4x DEPRECIATION (in millions) Growth in capital investment outpaces depreciation Q3 2026 $148.3M $34.7M Depreciation Q3 YTD 2026 $424.8M $104.2M Depreciation CapEx
Earnings Performance Driven by Capital Investment/Rate Base Growth 10 Rate base estimated to reach over $3.45 billion by 2028 Rate base estimates for 2026 - 2028 are based on actual amounts included in the 2024 California GRC decision, plus estimated 2028 California rate base and estimated 2026 - 2028 rate base in our other states. Estimated rate base is subject to final approval by the CPUC and review and approval by commissions in our oth er states. Note: amounts for 2026 - 2028 exclude anticipated Nevada and Oregon capital investments. $1.26 $1.61 $1.87 $2.01 $2.20 $2.39 $2.65 $2.74 $3.15 $3.46 $0.00 $0.50 $1.00 $1.50 $2.00 $2.50 $3.00 $3.50 $4.00 2019 2020 2021 2022 2023 2024 2025 2026* 2027* 2028* (in billions)
Strong Liquidity Profile Supports Growth Strategy 11 Capital structure consistent with authorized Cal Water structure; Cal Water authorized ROE is 10.27% ATM equity program renewed in May 2025; $350.0M shelf registration; $49.8M net program sales occurred in Q3 2026 Group entered into forward sales agreements with investors under the ATM to sell 1.6 million additional shares at a future date; estimated proceeds as of September 30, 2026 of $77.8M Group issued $125.0M in unsecured long - term debt, and Cal Water issued $150.0M in long - term first mortgage bonds Group believes it has met its 2026 financing requirements Credit facilities of $600.0M that can be expanded up to $800.0M ; facilities mature in March 2028; approximately $ 425.0M available as of September 30, 2026 As of September 30, 2026, Company had $45.1M in unrestricted cash and $45.8M in restricted cash Group and Cal Water’s S&P Global credit rating A+/stable
Regulatory Approvals Enable Us to Make Investments to Provide Safe, Reliable Water WUTC approved revenue increase of $4.1 million for Washington, effective October 1, 2026. HPUC approved revenue increase for Kapalua systems of $1.9 million , effective October 21, 2026. CPUC approved use of the advice letter process for $113.1 million in capital costs for certain PFAS projects expected to be completed in 2027 & 2028. Also approved recovery of $2.5 million of previously incurred expenses. 12
PFAS Regulatory Compliance Program 13 $228.0M Total investment projected for PFAS Regulatory Compliance program (CA/NM/WA) $23.3M 2026 YTD PFAS treatment / well replacement investments 65 Number of PFAS treatment / well replacement projects currently planned (8 in grant - funding process) 18 Number of the 44 CA sites in construction $ 59.4M Amount recovered from class - action litigation to date, net ($ 78.7M gross)
Recovering Costs While Keeping Rates Affordable Actively pursue grants to reduce costs that impact water bills Maintain assets strategically to keep facilities operating optimally for longer periods Invest in conservation programs that help reduce water bills (Cal Water bills are up to 20.5% lower over past 15 years than they would have been w/o conservation programs, according to Alliance for Water Efficiency 2024 study) Proactively control expenses : lower - cost water sources, competitive pricing from suppliers Provide convenient, interest - free payment plans Offer Rate Support Fund (discount for customers in higher - cost service areas) and low - income assistance program (benefits 24% of CA customers) Bill as % of Income Median Monthly Cal Water Bill Median Monthly Household Income 1.03% $69.74 $6,798 2021 1.02% $72.62 $7,108 2022 0.86% $64.63 $7,489 2023 0.95% $78.48 $8,383 2024 0.88% $82.70 $9,384 2025 14
59 Years of Dividend Growth Strong history of returning cash to shareholders $1.00 $1.04 $1.12 $1.24 $1.34 $0.00 $0.20 $0.40 $0.60 $0.80 $1.00 $1.20 $1.40 $1.60 2022 2023 2024 2025 2026 327 th $0.335 consecutive quarterly dividend in amount of 59 th $1.34 previously announced annual increase expected to yield 2026 annual dividend of 8.1% 2026 announced annual dividend indicative of $1.34 per share; 8.1% higher than 2025 total 7.6% five - year dividend CAGR 15
Strategic Initiatives 16 Oregon and Nevada System acquisitions: • Change of control applications approved • Integration planning on target and within budget • Expect to close before year end BVRT Joint Venture: • Consolidated Rate Case remanded to the Commission for approval • Interim rates remain in effect, with the next rate increase expected in October 2026 • Change - of - control filing deemed complete and on track for early 2027 approval and closing • 12% increase in new connections through Q3 2026 The Nevada, Oregon, and BVRT acquisitions remain subject to customary regulatory approvals and closing conditions as applicab le. More information on the Nevada, Oregon, and BVRT transactions can be found in the Strategic Initiatives Appendix to this presentation.
Other Q3 Highlights 17 Continued celebrating our centennial ( 100years.calwatergroup.com ) Connected Indianola Elementary to our system and began providing safe water to 400 students and faculty Continue to prioritize emergency preparedness in advance of El Niño
Questions & Answers
Strategic Initiatives Appendix
20 Nevada and Oregon Acquisition Bolsters Our Position as Leader in Western U.S., Provides Platform for Additional Growth Subject matter experts at Group focused on IT, shared service, and operating process integrations Group management has met with future employees and utilities commissions Change in control filings have been approved by the respective utility's commissions Acquiring Nexus Water Group’s subsidiaries in Nevada and Oregon expected to expand Group’s footprint into two additional Western states and increase rate base outside of California (excluding BVRT) by approximately 40% ~98,000 Total equivalent residential connections outside of California at closing 24 Wastewater treatment plants Q3 2026 20% After close, percentage of total customers outside of California
Nevada and Oregon System Highlights 21 • 9,127 total equivalent residential connections: 4,835 water / 4,292 wastewater • 10 utility systems across three counties, regulated water and unregulated wastewater assets • Second largest water utility in Oregon • Regulated by Oregon Public Utility Commission (OPUC) (regulated water operations) • 26,466 total equivalent residential connections: 19,919 water / 6,547 wastewater • 6 utility systems across three counties • Largest investor - owned water/wastewater utility in Nevada • Regulated by Public Utilities Commission of Nevada (PUCN) HI OR NV CA NM WA TX Proposed Future Service Areas Existing Service Areas Nevada Oregon
GRAPHIC
GRAPHIC
Filename: tm2628507d1_ex99-1img001.jpg · Sequence: 7
Binary file (6655 bytes)
Download tm2628507d1_ex99-1img001.jpg
GRAPHIC
GRAPHIC
Filename: tm2628507d1_ex99-1img002.jpg · Sequence: 8
Binary file (1561 bytes)
Download tm2628507d1_ex99-1img002.jpg
GRAPHIC
GRAPHIC
Filename: tm2628507d1_ex99-2img001.jpg · Sequence: 9
Binary file (163535 bytes)
Download tm2628507d1_ex99-2img001.jpg
GRAPHIC
GRAPHIC
Filename: tm2628507d1_ex99-2img002.jpg · Sequence: 10
Binary file (129474 bytes)
Download tm2628507d1_ex99-2img002.jpg
GRAPHIC
GRAPHIC
Filename: tm2628507d1_ex99-2img003.jpg · Sequence: 11
Binary file (450273 bytes)
Download tm2628507d1_ex99-2img003.jpg
GRAPHIC
GRAPHIC
Filename: tm2628507d1_ex99-2img004.jpg · Sequence: 12
Binary file (177320 bytes)
Download tm2628507d1_ex99-2img004.jpg
GRAPHIC
GRAPHIC
Filename: tm2628507d1_ex99-2img005.jpg · Sequence: 13
Binary file (138767 bytes)
Download tm2628507d1_ex99-2img005.jpg
GRAPHIC
GRAPHIC
Filename: tm2628507d1_ex99-2img006.jpg · Sequence: 14
Binary file (142541 bytes)
Download tm2628507d1_ex99-2img006.jpg
GRAPHIC
GRAPHIC
Filename: tm2628507d1_ex99-2img007.jpg · Sequence: 15
Binary file (142567 bytes)
Download tm2628507d1_ex99-2img007.jpg
GRAPHIC
GRAPHIC
Filename: tm2628507d1_ex99-2img008.jpg · Sequence: 16
Binary file (147183 bytes)
Download tm2628507d1_ex99-2img008.jpg
GRAPHIC
GRAPHIC
Filename: tm2628507d1_ex99-2img009.jpg · Sequence: 17
Binary file (214913 bytes)
Download tm2628507d1_ex99-2img009.jpg
GRAPHIC
GRAPHIC
Filename: tm2628507d1_ex99-2img010.jpg · Sequence: 18
Binary file (215227 bytes)
Download tm2628507d1_ex99-2img010.jpg
GRAPHIC
GRAPHIC
Filename: tm2628507d1_ex99-2img011.jpg · Sequence: 19
Binary file (226900 bytes)
Download tm2628507d1_ex99-2img011.jpg
GRAPHIC
GRAPHIC
Filename: tm2628507d1_ex99-2img012.jpg · Sequence: 20
Binary file (167128 bytes)
Download tm2628507d1_ex99-2img012.jpg
GRAPHIC
GRAPHIC
Filename: tm2628507d1_ex99-2img013.jpg · Sequence: 21
Binary file (169213 bytes)
Download tm2628507d1_ex99-2img013.jpg
GRAPHIC
GRAPHIC
Filename: tm2628507d1_ex99-2img014.jpg · Sequence: 22
Binary file (166745 bytes)
Download tm2628507d1_ex99-2img014.jpg
GRAPHIC
GRAPHIC
Filename: tm2628507d1_ex99-2img015.jpg · Sequence: 23
Binary file (159625 bytes)
Download tm2628507d1_ex99-2img015.jpg
GRAPHIC
GRAPHIC
Filename: tm2628507d1_ex99-2img016.jpg · Sequence: 24
Binary file (223109 bytes)
Download tm2628507d1_ex99-2img016.jpg
GRAPHIC
GRAPHIC
Filename: tm2628507d1_ex99-2img017.jpg · Sequence: 25
Binary file (202791 bytes)
Download tm2628507d1_ex99-2img017.jpg
GRAPHIC
GRAPHIC
Filename: tm2628507d1_ex99-2img018.jpg · Sequence: 26
Binary file (143515 bytes)
Download tm2628507d1_ex99-2img018.jpg
GRAPHIC
GRAPHIC
Filename: tm2628507d1_ex99-2img019.jpg · Sequence: 27
Binary file (147226 bytes)
Download tm2628507d1_ex99-2img019.jpg
GRAPHIC
GRAPHIC
Filename: tm2628507d1_ex99-2img020.jpg · Sequence: 28
Binary file (213318 bytes)
Download tm2628507d1_ex99-2img020.jpg
GRAPHIC
GRAPHIC
Filename: tm2628507d1_ex99-2img021.jpg · Sequence: 29
Binary file (194874 bytes)
Download tm2628507d1_ex99-2img021.jpg
XML — IDEA: XBRL DOCUMENT
XML
Filename: R1.htm · Sequence: 31
v3.26.3
Cover
Oct. 28, 2026
Cover [Abstract]
Document Type
8-K
Amendment Flag
false
Document Period End Date
Oct. 28, 2026
Entity File Number
1-13883
Entity Registrant Name
CALIFORNIA WATER SERVICE GROUP
Entity Central Index Key
0001035201
Entity Tax Identification Number
77-0448994
Entity Incorporation, State or Country Code
DE
Entity Address, Address Line One
1720 North First Street
Entity Address, City or Town
San Jose
Entity Address, State or Province
CA
Entity Address, Postal Zip Code
95112
City Area Code
408
Local Phone Number
367-8200
Written Communications
false
Soliciting Material
false
Pre-commencement Tender Offer
false
Pre-commencement Issuer Tender Offer
false
Title of 12(b) Security
Common Shares, par value $0.01
Trading Symbol
CWT
Security Exchange Name
NYSE
Entity Emerging Growth Company
false
X
- Definition
Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.
+ References
No definition available.
+ Details
Name:
dei_AmendmentFlag
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Area code of city
+ References
No definition available.
+ Details
Name:
dei_CityAreaCode
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Cover page.
+ References
No definition available.
+ Details
Name:
dei_CoverAbstract
Namespace Prefix:
dei_
Data Type:
xbrli:stringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.
+ References
No definition available.
+ Details
Name:
dei_DocumentPeriodEndDate
Namespace Prefix:
dei_
Data Type:
xbrli:dateItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.
+ References
No definition available.
+ Details
Name:
dei_DocumentType
Namespace Prefix:
dei_
Data Type:
dei:submissionTypeItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Address Line 1 such as Attn, Building Name, Street Name
+ References
No definition available.
+ Details
Name:
dei_EntityAddressAddressLine1
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the City or Town
+ References
No definition available.
+ Details
Name:
dei_EntityAddressCityOrTown
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Code for the postal or zip code
+ References
No definition available.
+ Details
Name:
dei_EntityAddressPostalZipCode
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the state or province.
+ References
No definition available.
+ Details
Name:
dei_EntityAddressStateOrProvince
Namespace Prefix:
dei_
Data Type:
dei:stateOrProvinceItemType
Balance Type:
na
Period Type:
duration
X
- Definition
A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityCentralIndexKey
Namespace Prefix:
dei_
Data Type:
dei:centralIndexKeyItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Indicate if registrant meets the emerging growth company criteria.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityEmergingGrowthCompany
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.
+ References
No definition available.
+ Details
Name:
dei_EntityFileNumber
Namespace Prefix:
dei_
Data Type:
dei:fileNumberItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Two-character EDGAR code representing the state or country of incorporation.
+ References
No definition available.
+ Details
Name:
dei_EntityIncorporationStateCountryCode
Namespace Prefix:
dei_
Data Type:
dei:edgarStateCountryItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityRegistrantName
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityTaxIdentificationNumber
Namespace Prefix:
dei_
Data Type:
dei:employerIdItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Local phone number for entity.
+ References
No definition available.
+ Details
Name:
dei_LocalPhoneNumber
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 13e
-Subsection 4c
+ Details
Name:
dei_PreCommencementIssuerTenderOffer
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14d
-Subsection 2b
+ Details
Name:
dei_PreCommencementTenderOffer
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Title of a 12(b) registered security.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b
+ Details
Name:
dei_Security12bTitle
Namespace Prefix:
dei_
Data Type:
dei:securityTitleItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the Exchange on which a security is registered.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection d1-1
+ Details
Name:
dei_SecurityExchangeName
Namespace Prefix:
dei_
Data Type:
dei:edgarExchangeCodeItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14a
-Subsection 12
+ Details
Name:
dei_SolicitingMaterial
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Trading symbol of an instrument as listed on an exchange.
+ References
No definition available.
+ Details
Name:
dei_TradingSymbol
Namespace Prefix:
dei_
Data Type:
dei:tradingSymbolItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Securities Act
-Number 230
-Section 425
+ Details
Name:
dei_WrittenCommunications
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration