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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2014

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit)

The components of income tax expense were:

	2014				2013			2012
Current:
Federal	$	50			(525	)		—
State	(1,146		)		3,093			3,305
Deferred:
Federal	28,493				11,743			12,114
State	(2,426		)		(176	)		123
	$	24,971			14,135			15,542

Schedule of Effective Income Tax Rate Reconciliation

The following table reconciles income tax expense to the amount computed by applying the federal statutory rate to income before income taxes of $76,777, $36,519 and $37,860 in 2014, 2013 and 2012:

	2014				2013			2012
“Expected” federal income tax	$	26,872			12,782			13,251
Increase (decrease) in taxes attributable to:
State taxes, net of federal income tax benefit	4,155				1,836			2,108
Dividend received deduction	(46		)		(60	)		(59	)
Uncertain tax positions	—				(650	)		82
Sales & Use Enterprise Zone Credit	(880		)		—			—
Tangible Property Regulations	(5,127		)		—			—
Other items, net	(3		)		227			160
	$	24,971			14,135			15,542

Schedule of Deferred Tax Assets and Liabilities

The components of the net deferred tax liability as of December 31 was as follows:

	2014				2013
Deferred tax assets:
Advances and contributions	$	16,212			15,598
Unamortized investment tax credit	709				741
Pensions and postretirement benefits	4,216				4,405
California franchise tax	—				1,107
Net operating loss	5,065				5,814
Other	1,697				1,596
Total deferred tax assets	$	27,899			29,261
Deferred tax liabilities:
Utility plant	$	150,662			125,706
Pension and postretirement benefits	47,059				25,649
Investment in stock	2,335				3,228
Deferred gain and other-property related	11,695				13,107
Debt reacquisition costs	443				496
Other	1,211				1,811
Total deferred tax liabilities	$	213,405			169,997
Net deferred tax liabilities	$	185,506			140,736

Schedule of Unrecognized Tax Benefits Roll Forward

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:

Balance at December 31, 2013	$	535
Increase related to tax positions taken during a prior year, including interest	118
Reductions related to tax positions taken in a prior year, including interest	(4		)
Balance at December 31, 2014	$	649

Summary of Income Tax Examinations

SJW Corp. files U.S. federal income tax returns and income tax returns in various states. The Company is no longer subject to tax examination for fiscal years prior to 2012 for federal purposes and 2010 for state purposes. The open tax years for the jurisdictions in which SJW Corp. files are as follows:

Jurisdiction	Years Open
Federal	2012 - 2013
California	2010 - 2013
Arizona	2010 - 2013
Connecticut	2011 - 2013
Florida	2011 - 2012
Tennessee	2011 - 2013
Texas	2010 - 2013

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure of the change in unrecognized tax benefits.

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Tabular disclosure of income tax examinations that an enterprise is currently subject to or that have been completed in the current period typically including a description of the examination, the jurisdiction conducting the examination, the tax year(s) under examination, the likelihood of an unfavorable settlement, the range of possible losses, the liability recorded, the increase or decrease in the liability from the prior period, and any penalties and interest that have been recorded.

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