XML 32 R3.htm IDEA: XBRL DOCUMENT v3.2.0.727
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Utility plant:    
Land $ 16,839 $ 16,838
Depreciable plant and equipment 1,388,775 1,353,772
Construction in progress 34,694 23,208
Intangible assets 22,182 19,333
Property, Plant and Equipment, Gross 1,462,490 1,413,151
Less accumulated depreciation and amortization 469,236 450,137
Public Utilities, Property, Plant and Equipment, Net 993,254 963,014
Real estate investments 73,893 73,794
Less accumulated depreciation and amortization 12,371 11,593
Total 61,522 62,201
CURRENT ASSETS:    
Cash and cash equivalents 5,238 2,399
Accounts receivable:    
Customers, net of allowances for uncollectible accounts 17,629 14,997
Income tax 3,887 8,871
Other 3,074 3,385
Accrued unbilled utility revenue 18,962 18,074
Materials and supplies 1,301 1,214
Prepaid expenses 2,950 2,300
Current regulatory asset, net 16,971 16,853
Assets, Current 70,012 68,093
OTHER ASSETS:    
Investment in California Water Service Group 5,922 6,378
Unamortized debt issuance, broker and reacquisition costs 4,970 5,218
Net regulatory assets, less current portion 153,718 158,010
Other 6,459 6,390
Assets, Noncurrent 171,069 175,996
Assets 1,295,857 1,269,304
Shareholders' equity:    
Common stock, $0.521 par value; authorized 36,000,000 shares; issued and outstanding 20,363,574 shares on June 30, 2015 and 20,286,840 on December 31, 2014 10,606 10,567
Additional paid-in capital 67,344 66,298
Retained earnings 284,498 280,773
Accumulated other comprehensive income 2,247 2,517
Total shareholders' equity 364,695 360,155
Long-term debt, less current portion 384,038 384,365
Capitalization, Long-term Debt and Equity 748,733 744,520
CURRENT LIABILITIES:    
Line of credit 20,200 13,200
Current portion of long-term debt 597 584
Accrued groundwater extraction charges and purchased water 8,052 5,411
Purchased power 547 619
Accounts payable 13,037 7,001
Accrued interest 6,191 6,361
Accrued property taxes and other non-income taxes 839 1,607
Accrued payroll 3,440 3,755
Other current liabilities 6,134 6,156
Liabilities, Current 59,037 44,694
DEFERRED INCOME TAXES 187,310 185,506
UNAMORTIZED INVESTMENT TAX CREDITS 1,285 1,315
ADVANCES FOR CONSTRUCTION 76,198 73,303
CONTRIBUTIONS IN AID OF CONSTRUCTION 139,086 138,502
DEFERRED REVENUE 1,402 1,323
POSTRETIREMENT BENEFIT PLANS 76,828 74,187
OTHER NONCURRENT LIABILITIES 5,978 5,954
COMMITMENTS AND CONTINGENCIES 0 0
Liabilities and Equity $ 1,295,857 $ 1,269,304