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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Statement of Financial Position [Abstract]    
Water Production $ 249,153 $ 247,286
Transmission and Distribution 735,138 697,200
General 97,581 95,658
Construction Work in Progress 53,570 24,947
TOTAL 1,135,442 1,065,091
Less Accumulated Depreciation 214,891 199,723
UTILITY PLANT - NET 920,551 865,368
Cash and Cash Equivalents 3,828 3,533
Accounts Receivable, net of allowance for uncollectible accounts of $2,326 and $2,574, respectively 16,018 15,311
Unbilled Revenues 8,659 7,273
Materials and Supplies (at average cost) 6,177 5,358
Prepayments 2,624 2,880
TOTAL CURRENT ASSETS 37,306 34,355
Operating Lease Right of Use Asset 3,826 4,503
Preliminary Survey and Investigation Charges 2,806 3,540
Regulatory Assets 90,046 100,738
Non-utility Assets - Net 11,207 11,428
Employee Benefit Plans 8,689
Other 19 83
TOTAL OTHER ASSETS 116,593 120,292
TOTAL ASSETS 1,074,450 1,020,015
CAPITALIZATION AND LIABILITIES    
Common Stock, No Par Value 233,054 221,919
Retained Earnings 167,274 145,807
TOTAL COMMON EQUITY 400,328 367,726
Preferred Stock 2,084 2,084
Long-term Debt 290,280 306,520
TOTAL CAPITALIZATION 692,692 676,330
Current Portion of Long-term Debt 17,462 6,731
Notes Payable 55,500 13,000
Accounts Payable 24,847 21,125
Accrued Taxes 12,162 8,621
Accrued Interest 2,535 1,986
Unearned Revenues and Advanced Service Fees 1,365 1,330
Other 3,988 3,826
TOTAL CURRENT LIABILITIES 117,859 56,619
COMMITMENTS AND CONTINGENT LIABILITIES (Note 4)
Customer Advances for Construction 21,382 23,529
Lease Obligations 3,706 4,367
Accumulated Deferred Income Taxes 77,783 69,500
Employee Benefit Plans 11,290
Regulatory Liabilities 46,734 49,431
Other 919 1,086
TOTAL OTHER LIABILITIES 150,524 159,203
CONTRIBUTIONS IN AID OF CONSTRUCTION 113,375 127,863
TOTAL CAPITALIZATION AND LIABILITIES $ 1,074,450 $ 1,020,015