Summary
American Water Works Company, Inc. (AWK) is filing an amendment (10-Q/A) to its quarterly report for the period ended March 31, 2010. This amendment primarily addresses a technical omission in the CEO and CFO certifications related to internal control over financial reporting, specifically the inclusion of required language. The core financial and operational information from the original 10-Q remains unchanged by this amendment. Investors should note that this filing is an update to satisfy regulatory requirements regarding certifications rather than a report of new financial performance or significant operational changes during the quarter.
Financial Highlights
29 data pointsBeta
Financial Statements
Beta
| Revenue | $554.21M |
| Operating Expenses | $442.11M |
| Operating Income | $123.83M |
| Interest Expense | $78.70M |
| Net Income | $30.81M |
| EPS (Basic) | $0.18 |
| EPS (Diluted) | $0.18 |
| Shares Outstanding (Basic) | 174.72M |
| Shares Outstanding (Diluted) | 174.80M |
Key Highlights
- 1This filing is an amendment to the Form 10-Q for the quarter ended March 31, 2010.
- 2The amendment corrects an omission in the CEO and CFO certifications regarding internal control over financial reporting.
- 3Required language concerning internal control over financial reporting was inadvertently omitted from the original certifications.
- 4The amendment provides revised certifications (Exhibits 31.1 and 31.2) with the complete required language.
- 5This amendment does not reflect any new events or modifications to the financial or operational disclosures made in the original Form 10-Q.
- 6American Water Works Company, Inc. confirms it has filed all required reports for the preceding 12 months and has been subject to such requirements for the past 90 days.
- 7The company is classified as a large accelerated filer.
Frequently Asked Questions
The primary purpose of this amendment is to correct an omission in the certifications provided by the Chief Executive Officer and Chief Financial Officer. Specifically, required language pertaining to internal control over financial reporting was inadvertently left out of the original certifications filed with the Form 10-Q for the quarter ended March 31, 2010.
No, the amendment explicitly states that it does not reflect events occurring after the original filing date and does not update or modify the financial or operational disclosures presented in the original Form 10-Q. The changes are limited to the inclusion of specific language in the regulatory certifications.
Being a 'large accelerated filer' indicates that American Water Works Company, Inc. meets certain size and reporting history requirements set by the SEC. This classification typically means the company has a public float of $700 million or more, has been a reporting company for at least 12 months, and has filed at least one annual report. It subjects the company to more stringent SEC disclosure and reporting requirements, including the requirement for an independent auditor's attestation on internal control over financial reporting (though this specific document only amends the CEO/CFO certifications).