XML 26 R13.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Employee Benefit Plans: | 6 Months Ended
--- | ---
Jun. 30, 2018
Retirement Benefits [Abstract] |
Employee Benefit Plans | Employee Benefit Plans: The components of net periodic benefit costs, before allocation to the overhead pool, for Registrant’s pension plan, postretirement plan and the supplemental executive retirement plan ("SERP") for the three and six months ended June 30, 2018 and 2017 are as follows:
|  | For The Three Months Ended June 30,
|  | Pension Benefits |  | Other Postretirement Benefits |  | SERP
(dollars in thousands) |  | 2018 |  | 2017 |  | 2018 |  | 2017 |  | 2018 |  | 2017
Components of Net Periodic Benefits Cost: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Service cost |  | $ | 1,269 |  |  | $ | 1,249 |  |  | $ | 57 |  |  | $ | 59 |  |  | $ | 274 |  |  | $ | 232 |
Interest cost |  | 1,903 |  |  | 1,985 |  |  | 72 |  |  | 85 |  |  | 222 |  |  | 223 |
Expected return on plan assets |  | (2,795 | ) |  | (2,240 | ) |  | (123 | ) |  | (122 | ) |  | — |  |  | — |
Amortization of prior service cost (benefit) |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 3 |
Amortization of actuarial (gain) loss |  | 283 |  |  | 253 |  |  | (182 | ) |  | (170 | ) |  | 262 |  |  | 194 |
Net periodic pension cost under accounting standards |  | 660 |  |  | 1,247 |  |  | (176 | ) |  | (148 | ) |  | 758 |  |  | 652 |
Regulatory adjustment — deferred |  | — |  |  | 92 |  |  | — |  |  | — |  |  | — |  |  | — |
Total expense recognized, before surcharges and allocation to overhead pool |  | $ | 660 |  |  | $ | 1,339 |  |  | $ | (176 | ) |  | $ | (148 | ) |  | $ | 758 |  |  | $ | 652 |
|  | For The Six Months Ended June 30,
|  | Pension Benefits |  | Other Postretirement Benefits |  | SERP
(dollars in thousands) |  | 2018 |  | 2017 |  | 2018 |  | 2017 |  | 2018 |  | 2017
Components of Net Periodic Benefits Cost: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Service cost |  | $ | 2,670 |  |  | $ | 2,500 |  |  | $ | 114 |  |  | $ | 118 |  |  | $ | 548 |  |  | $ | 464 |
Interest cost |  | 3,824 |  |  | 3,952 |  |  | 144 |  |  | 170 |  |  | 444 |  |  | 446 |
Expected return on plan assets |  | (5,586 | ) |  | (4,850 | ) |  | (246 | ) |  | (244 | ) |  | — |  |  | — |
Amortization of prior service cost (benefit) |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 6 |
Amortization of actuarial (gain) loss |  | 628 |  |  | 462 |  |  | (364 | ) |  | (340 | ) |  | 524 |  |  | 388 |
Net periodic pension cost under accounting standards |  | 1,536 |  |  | 2,064 |  |  | (352 | ) |  | (296 | ) |  | 1,516 |  |  | 1,304 |
Regulatory adjustment — deferred |  | — |  |  | 525 |  |  | — |  |  | — |  |  | — |  |  | — |
Total expense recognized, before surcharges and allocation to overhead pool |  | $ | 1,536 |  |  | $ | 2,589 |  |  | $ | (352 | ) |  | $ | (296 | ) |  | $ | 1,516 |  |  | $ | 1,304 |
In accordance with new accounting guidance (Note 1), effective January 1, 2018, Registrant changed the financial statement presentation for the costs of its defined benefit pension plans and other retirement benefits. The components of net periodic benefits cost, other than the service cost component, have been included in the line item “Other, net” in Registrant's income statements. Prior period amounts have been reclassified on the income statements to conform to the current-period presentation. In July 2018, Registrant contributed $1.0 million to its pension plan, and expects to contribute $6.1 million in total to its pension plan during 2018. Regulatory Adjustment: As authorized by the CPUC in the most recent water and electric general rate case decisions, GSWC utilizes two-way balancing accounts for its water and electric regions and the general office to track differences between the forecasted annual pension expenses in rates, or expected to be in rates, and the actual annual expense recorded by GSWC in accordance with the accounting guidance for pension costs. As of June 30, 2018, GSWC had a $2.2 million over-collection in the two-way pension balancing accounts included as part of the pension regulatory asset (Note 3).

X
- References No definition available. + Details
Name: | us-gaap_CompensationAndRetirementDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for pension and other postretirement benefits. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -URI http://asc.fasb.org/topic&trid=2235017 + Details
Name: | us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration