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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Property, Plant and Equipment    
Regulated utility plant, at cost $ 2,242,589 $ 2,183,183
Non-utility property, at cost 37,813 37,085
Total 2,280,402 2,220,268
Less - Accumulated depreciation (596,915) (594,264)
Net property, plant and equipment 1,683,487 1,626,004
Other Property and Investments    
Goodwill 1,116 1,116
Other property and investments 35,527 40,806
Total other property and investments 36,643 41,922
Current Assets    
Cash and cash equivalents 10,825 4,963
Accounts receivable - customers, less allowance for doubtful accounts 27,119 34,416
Unbilled receivable 24,811 27,147
Receivable from the U.S. government (Note 2) 23,110 27,827
Other accounts receivable, less allowance for doubtful accounts 3,972 6,510
Income taxes receivable 94 236
Materials and supplies, at weighted average cost 13,151 12,163
Regulatory assets — current 10,325 8,897
Prepayments and other current assets 8,458 5,317
Unrealized gains on purchased power contracts 8,114 4,441
Contract assets (Note 2) 8,991 6,135
Total current assets 138,970 138,052
Other Assets    
Unbilled revenue — receivable from the U.S. government 8,064 9,671
Receivable from the U.S. government (Note 2) 50,050 51,991
Contract assets (Note 2) 5,186 3,452
Operating lease right-of-use assets 9,617 10,479
Regulatory assets 2,263 3,182
Other 15,366 16,230
Total other assets 90,546 95,005
Total Assets 1,949,646 1,900,983
Capitalization    
Common stock, value, issued 259,656 258,442
Earnings reinvested in the business 434,569 427,505
Total common shareholders’ equity 694,225 685,947
Long-term debt 446,940 412,176
Total capitalization 1,141,165 1,098,123
Current Liabilities    
Notes payable to bank 223,500 31,000
Long-term debt — current 394 377
Accounts payable 71,929 65,902
Income taxes payable 3,350 4,662
Accrued other taxes 13,847 17,137
Accrued employee expenses 13,160 16,256
Accrued interest 4,944 4,545
Regulatory liabilities 3,444 1,896
Contract liabilities (Note 2) 322 257
Operating lease liabilities 1,968 2,044
Other 11,878 11,498
Total current liabilities 348,736 155,574
Other Credits    
Notes payable to bank 0 174,500
Advances for construction 65,403 66,727
Contributions in aid of construction - net 146,578 147,482
Deferred income taxes 142,340 140,290
Regulatory liabilities 20,382 32,979
Unamortized investment tax credits 1,117 1,153
Accrued pension and other postretirement benefits 61,764 61,365
Operating lease liabilities 8,095 8,920
Other 14,066 13,870
Total other credits 459,745 647,286
Commitments and Contingencies (Note 9)
Total Capitalization and Liabilities $ 1,949,646 $ 1,900,983
Consolidated Balance Sheets (Parenthetical)    
Common Stock, Par Value (in usd per share) $ 0 $ 0
Common Stock, Shares Authorized (in shares) 60,000,000 60,000,000
Common Stock, Shares, Outstanding (in shares) 36,956,027 36,936,285
GSWC    
Property, Plant and Equipment    
Total $ 2,076,132 $ 2,022,417
Less - Accumulated depreciation (522,743) (522,672)
Net property, plant and equipment 1,553,389 1,499,745
Other Property and Investments    
Total other property and investments 33,386 38,659
Current Assets    
Cash and cash equivalents 3,458 525
Accounts receivable - customers, less allowance for doubtful accounts 25,118 31,870
Unbilled receivable 19,566 20,525
Other accounts receivable, less allowance for doubtful accounts 2,524 3,791
Materials and supplies, at weighted average cost 5,536 5,384
Regulatory assets — current 10,325 8,897
Prepayments and other current assets 6,353 4,223
Total current assets 72,880 75,215
Other Assets    
Operating lease right-of-use assets 9,210 10,439
Other 14,422 14,424
Total other assets 23,632 24,863
Total Assets 1,683,287 1,638,482
Capitalization    
Common stock, value, issued 357,616 356,530
Earnings reinvested in the business 255,541 259,156
Total common shareholders’ equity 613,157 615,686
Long-term debt 412,118 412,176
Total capitalization 1,025,275 1,027,862
Current Liabilities    
Intercompany payable to Parent 102,399 0
Long-term debt — current 394 377
Accounts payable 60,194 50,627
Income taxes payable 4,420 2,972
Accrued other taxes 12,453 14,960
Accrued employee expenses 10,506 12,867
Accrued interest 4,252 4,210
Operating lease liabilities 1,846 2,029
Other 10,947 10,505
Total current liabilities 207,411 98,547
Other Credits    
Intercompany payable to Parent 0 49,280
Advances for construction 65,383 66,707
Contributions in aid of construction - net 146,578 145,848
Deferred income taxes 133,902 132,314
Regulatory liabilities 20,382 32,979
Unamortized investment tax credits 1,117 1,153
Accrued pension and other postretirement benefits 61,499 61,170
Operating lease liabilities 7,819 8,891
Other 13,921 13,731
Total other credits 450,601 512,073
Commitments and Contingencies (Note 9)
Total Capitalization and Liabilities $ 1,683,287 $ 1,638,482
Consolidated Balance Sheets (Parenthetical)    
Common Stock, Par Value (in usd per share) $ 0 $ 0
Common Stock, Shares Authorized (in shares) 1,000 1,000
Common Stock, Shares, Outstanding (in shares) 170 170