How American Water Grows Earnings
AMERICAN WATER
Reconciliation Table:
Consolidated Adjusted Earnings Per Share*
*Amounts may not sum due to rounding
Consolidated Adjusted EPS
Diluted earnings per share (GAAP):
For the Twelve Months
Ended December 31,
2018
2017
2018 vs. 2017
Percentage
Net income attributable to common shareholders
$ 3.15
$ 2.38
0.77
Adjustments:
Contract Services Gain on Sale
(0.08)
Income tax impact
Net adjustment
0.02
(0.06)
(0.08)
0.02
(0.06)
Keystone Impairment
0.31
0.31
Income tax impact
(0.08)
(0.08)
Net loss attributable to noncontrolling interest
(0.01)
(0.01)
Net adjustment
0.22
0.22
Freedom Industries Insurance Settlement
(0.11)
(0.12)
0.01
Income tax impact
0.03
0.05
(0.02)
Net adjustment
(0.08)
(0.07)
(0.01)
Early Debt Extinguishment at Parent
0.03
(0.03)
Income tax impact
(0.01)
0.01
Net adjustment
0.02
(0.02)
Re-measurement from Tax Reform
0.07
0.70
(0.63)
Total net adjustments
0.15
0.65
(0.50)
Adjusted diluted earnings per share (non-GAAP)
$ 3.30
$ 3.03
$
0.27
8.9%
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