XML 16 R2.htm IDEA: XBRL DOCUMENT v3.21.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Property, Plant and Equipment    
Regulated utility plant, at cost $ 2,112,249 $ 2,043,791
Non-utility property, at cost 37,662 36,578
Total 2,149,911 2,080,369
Less - Accumulated depreciation (579,278) (568,326)
Net property, plant and equipment 1,570,633 1,512,043
Other Property and Investments    
Goodwill 1,116 1,116
Other property and investments 37,414 35,318
Total other property and investments 38,530 36,434
Current Assets    
Cash and cash equivalents 5,359 36,737
Accounts receivable - customers, less allowance for doubtful accounts 28,516 29,162
Unbilled receivable 29,569 25,836
Receivable from the U.S. government (Note 2) 25,698 25,182
Other accounts receivable, less allowance for doubtful accounts 4,961 3,960
Income taxes receivable 1,147 103
Materials and supplies, at weighted average cost 8,773 8,619
Regulatory assets — current 14,394 13,088
Prepayments and other current assets 8,365 5,555
Unrealized gains on purchased power contracts 2,810 0
Contract assets 6,720 8,873
Total current assets 136,312 157,115
Other Assets    
Unbilled revenue — receivable from U.S. government 8,340 9,945
Receivable from the U.S. government (Note 2) 52,957 49,488
Contract assets (Note 2) 4,452 1,384
Operating lease right-of-use assets 10,633 11,146
Regulatory Assets 9,799 3,451
Other 10,702 10,597
Total other assets 96,883 86,011
Total Assets 1,842,358 1,791,603
Capitalization    
Common Stock, Value, Issued 258,101 256,666
Earnings reinvested in the business 406,033 385,007
Total common shareholders’ equity 664,134 641,673
Long-term debt 412,345 440,348
Total capitalization 1,076,479 1,082,021
Current Liabilities    
Long-term debt — current 376 358
Accounts payable 65,951 63,788
Income taxes payable 390 6,783
Accrued other taxes 9,977 11,902
Accrued employee expenses 16,495 15,122
Accrued interest 4,496 4,832
Unrealized losses on purchased power contracts 0 1,537
Contract liabilities (Note 2) 688 1,800
Operating lease liabilities 2,049 2,013
Other 10,929 10,437
Total current liabilities 111,351 118,572
Other Credits    
Notes payable to bank 188,000 134,200
Advances for construction 64,180 63,374
Contributions in aid of construction - net 144,979 140,332
Deferred income taxes 134,644 131,172
Unamortized investment tax credits 1,188 1,224
Accrued pension and other postretirement benefits 96,766 95,639
Operating lease liabilities 9,028 9,636
Other 15,743 15,433
Total other credits 654,528 591,010
Commitments and Contingencies
Total Capitalization and Liabilities $ 1,842,358 $ 1,791,603
Consolidated Balance Sheets(Parenthetical)    
Common Stock, Shares Authorized 60,000,000 60,000,000
Common Stock, Shares, Outstanding 36,931,771 36,889,103
Common Stock, Par or Stated Value Per Share $ 0 $ 0
Golden State Water Company    
Property, Plant and Equipment    
Total $ 1,960,802 $ 1,902,772
Less - Accumulated depreciation (510,283) (502,283)
Net property, plant and equipment 1,450,519 1,400,489
Other Property and Investments    
Total other property and investments 35,342 33,240
Current Assets    
Cash and cash equivalents 4,659 35,578
Accounts receivable - customers, less allowance for doubtful accounts 26,715 26,920
Unbilled receivable 20,502 19,330
Other accounts receivable, less allowance for doubtful accounts 2,521 3,255
Intercompany receivable 0 1,107
Materials and supplies, at weighted average cost 3,833 3,659
Regulatory assets — current 14,394 11,325
Prepayments and other current assets 5,674 4,114
Total current assets 78,298 105,288
Other Assets    
Operating lease right-of-use assets 10,511 11,103
Regulatory Assets 8,857 1,048
Other 9,586 9,614
Total other assets 28,954 21,765
Total Assets 1,593,113 1,560,782
Capitalization    
Common Stock, Value, Issued 356,251 354,906
Earnings reinvested in the business 236,699 228,392
Total common shareholders’ equity 592,950 583,298
Long-term debt 412,345 440,348
Total capitalization 1,005,295 1,023,646
Current Liabilities    
Long-term debt — current 376 358
Accounts payable 50,210 45,613
Income taxes payable 532 4,612
Accrued other taxes 8,675 10,382
Accrued employee expenses 13,288 12,351
Accrued interest 4,218 4,545
Operating lease liabilities 2,018 1,956
Other 9,476 9,403
Total current liabilities 88,793 89,220
Other Credits    
Due to Related Parties, Noncurrent 41,835 0
Advances for construction 64,160 63,354
Contributions in aid of construction - net 143,336 138,691
Deferred income taxes 127,861 124,581
Unamortized investment tax credits 1,188 1,224
Accrued pension and other postretirement benefits 96,625 95,570
Operating lease liabilities 8,977 9,636
Other 15,043 14,860
Total other credits 499,025 447,916
Commitments and Contingencies
Total Capitalization and Liabilities $ 1,593,113 $ 1,560,782
Consolidated Balance Sheets(Parenthetical)    
Common Stock, Shares Authorized 1,000 1,000
Common Stock, Shares, Outstanding 170 170
Common Stock, Par or Stated Value Per Share $ 0 $ 0