MIDDLESEX WATER COMPANY: 10-K filed 2015-03-05

Name: MIDDLESEX WATER COMPANY: 10-K filed 2015-03-05
Creator: MIDDLESEX WATER COMPANY

What MIDDLESEX WATER COMPANY reported in its annual report filed 2015-03-05 (fiscal FY 2014): 31 published measures, 116 facts as tagged in accession 0001174947-15-000337.

This filing

Form: 10-K (annual report)
Filed: 2015-03-05
Fiscal period: fiscal FY 2014
Accession: 0001174947-15-000337 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All MIDDLESEX WATER COMPANY filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

Period	Value	Unit	Days
At 2014-12-31	575,772,000	USD
At 2013-12-31	530,341,000	USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

Period	Value	Unit
At 2014-12-31	2,673,000	USD
At 2013-12-31	4,834,000	USD
At 2012-12-31	3,025,000	USD
At 2011-12-31	3,106,000	USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

Period	Value	Unit	Days
2014-10-01 to 2014-12-31	3,790,000	USD	92
2014-01-01 to 2014-12-31	18,445,000	USD	365
2014-07-01 to 2014-09-30	6,758,000	USD	92
2014-04-01 to 2014-06-30	4,728,000	USD	91
2014-01-01 to 2014-03-31	3,169,000	USD	90
2013-10-01 to 2013-12-31	3,168,000	USD	92
2013-01-01 to 2013-12-31	16,633,000	USD	365
2013-07-01 to 2013-09-30	5,807,000	USD	92
2013-04-01 to 2013-06-30	4,481,000	USD	91
2013-01-01 to 2013-03-31	3,177,000	USD	90
2012-01-01 to 2012-12-31	14,396,000	USD	366

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

Period	Value	Unit	Days
At 2014-12-31	48,623,000	USD
At 2013-12-31	42,560,000	USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

Period	Value	Unit	Days
2014-01-01 to 2014-12-31	16,052,000	shares	365
2013-01-01 to 2013-12-31	15,868,000	shares	365
2012-01-01 to 2012-12-31	15,733,000	shares	366

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

Period	Value	Unit	Days
2014-01-01 to 2014-12-31	16,226,000	shares	365
2013-01-01 to 2013-12-31	16,110,000	shares	365
2012-01-01 to 2012-12-31	15,995,000	shares	366

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

Period	Value	Unit	Days
2014-10-01 to 2014-12-31	0.23	USD/shares	92
2014-01-01 to 2014-12-31	1.14	USD/shares	365
2014-07-01 to 2014-09-30	0.42	USD/shares	92
2014-04-01 to 2014-06-30	0.29	USD/shares	91
2014-01-01 to 2014-03-31	0.2	USD/shares	90
2013-10-01 to 2013-12-31	0.2	USD/shares	92
2013-01-01 to 2013-12-31	1.04	USD/shares	365
2013-07-01 to 2013-09-30	0.36	USD/shares	92
2013-04-01 to 2013-06-30	0.28	USD/shares	91
2013-01-01 to 2013-03-31	0.2	USD/shares	90
2012-01-01 to 2012-12-31	0.9	USD/shares	366

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

Period	Value	Unit	Days
2014-10-01 to 2014-12-31	0.22	USD/shares	92
2014-01-01 to 2014-12-31	1.13	USD/shares	365
2014-07-01 to 2014-09-30	0.42	USD/shares	92
2014-04-01 to 2014-06-30	0.29	USD/shares	91
2014-01-01 to 2014-03-31	0.2	USD/shares	90
2013-10-01 to 2013-12-31	0.19	USD/shares	92
2013-01-01 to 2013-12-31	1.03	USD/shares	365
2013-07-01 to 2013-09-30	0.36	USD/shares	92
2013-04-01 to 2013-06-30	0.28	USD/shares	91
2013-01-01 to 2013-03-31	0.2	USD/shares	90
2012-01-01 to 2012-12-31	0.9	USD/shares	366

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

Period	Value	Unit	Days
2014-01-01 to 2014-12-31	9,937,000	USD	365
2013-01-01 to 2013-12-31	8,621,000	USD	365
2012-01-01 to 2012-12-31	7,383,000	USD	366

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

Period	Value	Unit	Days
2014-01-01 to 2014-12-31	539,000	USD	365
2013-01-01 to 2013-12-31	493,000	USD	365
2012-01-01 to 2012-12-31	553,000	USD	366

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

Period	Value	Unit	Days
2014-10-01 to 2014-12-31	8,058,000	USD	92
2014-01-01 to 2014-12-31	34,392,000	USD	365
2014-07-01 to 2014-09-30	11,620,000	USD	92
2014-04-01 to 2014-06-30	8,747,000	USD	91
2014-01-01 to 2014-03-31	5,967,000	USD	90
2013-10-01 to 2013-12-31	6,664,000	USD	92
2013-01-01 to 2013-12-31	30,970,000	USD	365
2013-07-01 to 2013-09-30	10,270,000	USD	92
2013-04-01 to 2013-06-30	8,171,000	USD	91
2013-01-01 to 2013-03-31	5,865,000	USD	90
2012-01-01 to 2012-12-31	27,647,000	USD	366

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

Period	Value	Unit	Days
At 2014-12-31	22,864,000	USD
At 2013-12-31	25,838,000	USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

Period	Value	Unit	Days
2014-01-01 to 2014-12-31	5,607,000	USD	365
2013-01-01 to 2013-12-31	5,807,000	USD	365
2012-01-01 to 2012-12-31	6,725,000	USD	366

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

Period	Value	Unit	Days
At 2014-12-31	43,872,000	USD
At 2013-12-31	52,678,000	USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

Period	Value	Unit	Days
At 2014-12-31	6,354,000	USD
At 2013-12-31	6,328,000	USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

Period	Value	Unit	Days
At 2014-12-31	10,012,000	USD
At 2013-12-31	11,640,000	USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

Period	Value	Unit	Days
2014-01-01 to 2014-12-31	82,747,000	USD	365
2013-01-01 to 2013-12-31	83,876,000	USD	365
2012-01-01 to 2012-12-31	82,732,000	USD	366

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

Period	Value	Unit	Days
At 2014-12-31	16,124,000	shares
At 2013-12-31	15,963,000	shares

Long-term debt

Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.

Period	Value	Unit	Days
At 2014-12-31	140,029,000	USD
At 2013-12-31	133,112,000	USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

Period	Value	Unit	Days
At 2014-12-31	518,000	USD
At 2013-12-31	727,000	USD

Other noncurrent liabilities

Noncurrent liabilities the filer does not present separately. The composition differs by filer and is described only in the filing.

Period	Value	Unit	Days
At 2014-12-31	1,277,000	USD
At 2013-12-31	1,348,000	USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

Period	Value	Unit	Days
2014-01-01 to 2014-12-31	28,382,000	USD	365
2013-01-01 to 2013-12-31	25,254,000	USD	365
2012-01-01 to 2012-12-31	21,779,000	USD	366

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

Period	Value	Unit	Days
2014-01-01 to 2014-12-31	18,294,000	USD	365
2013-01-01 to 2013-12-31	16,443,000	USD	365
2012-01-01 to 2012-12-31	14,190,000	USD	366

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

Period	Value	Unit	Days
2014-01-01 to 2014-12-31	12,191,000	USD	365
2013-01-01 to 2013-12-31	11,858,000	USD	365
2012-01-01 to 2012-12-31	11,232,000	USD	366

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

Period	Value	Unit	Days
2014-01-01 to 2014-12-31	-403,000	USD	365
2013-01-01 to 2013-12-31	91,000	USD	365
2012-01-01 to 2012-12-31	857,000	USD	366

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

Period	Value	Unit	Days
2014-01-01 to 2014-12-31	3,130,000	USD	365
2013-01-01 to 2013-12-31	2,915,000	USD	365
2012-01-01 to 2012-12-31	3,959,000	USD	366

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

Period	Value	Unit	Days
2014-01-01 to 2014-12-31	5,745,000	USD	365
2013-01-01 to 2013-12-31	5,743,000	USD	365
2012-01-01 to 2012-12-31	7,537,000	USD	366

Income taxes paid, net

Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.

Period	Value	Unit	Days
2014-01-01 to 2014-12-31	5,903,000	USD	365
2013-01-01 to 2013-12-31	7,009,000	USD	365
2012-01-01 to 2012-12-31	2,349,000	USD	366

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

Period	Value	Unit	Days
2014-01-01 to 2014-12-31	1,493,000	USD	365
2013-01-01 to 2013-12-31	1,368,000	USD	365
2012-01-01 to 2012-12-31	1,587,000	USD	366

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

Period	Value	Unit	Days
2014-01-01 to 2014-12-31	-1,950,000	USD	365
2013-01-01 to 2013-12-31	-1,201,000	USD	365
2012-01-01 to 2012-12-31	-2,441,000	USD	366

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

Period	Value	Unit	Days
2014-01-01 to 2014-12-31	26,000	USD	365
2013-01-01 to 2013-12-31	2,520,000	USD	365
2012-01-01 to 2012-12-31	-1,898,000	USD	366

Inspect the source

Entity: MIDDLESEX WATER COMPANY / CIK 0000066004
Captured: 2026-09-19T14:49:35.513Z
SEC response SHA-256: 299b76372cf8fdd02883809486f7e6aefe07806a311f2ce9027003c36d4b10c9

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

These pages do not supply prices, total-return histories, corporate-action adjustments or a tradable universe. Build those inputs separately before evaluating a strategy. A profitable backtest can still reflect selection bias or costs that were left out.

Research methodology · Execution and cost assumptions · Check backtest overfitting

Build with the open-source tools

Use these accounting records as inspectable inputs. When you have constructed a return series, the validation tools can help test its statistical evidence and preserve the result with its limitations.

Read the published dataset with Python

import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0000066004.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))