XML 15 R3.htm IDEA: XBRL DOCUMENT v3.4.0.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Utility plant:    
Land $ 17,861 $ 17,853
Depreciable plant and equipment 1,464,809 1,438,321
Construction in progress 58,643 45,573
Intangible assets 23,904 22,675
Property, Plant and Equipment, Gross 1,565,217 1,524,422
Less accumulated depreciation and amortization 498,798 487,659
Public Utilities, Property, Plant and Equipment, Net 1,066,419 1,036,763
Real estate investments 74,888 74,641
Less accumulated depreciation and amortization 13,599 13,207
Total 61,289 61,434
CURRENT ASSETS:    
Cash and cash equivalents 8,692 5,239
Accounts receivable:    
Customers, net of allowances for uncollectible accounts 13,799 16,390
Income tax 2,351 10,852
Other 1,731 2,192
Accrued unbilled utility revenue 16,745 17,417
Current regulatory assets, net 14,977 16,542
Other current assets 4,331 4,744
Assets, Current 62,626 73,376
OTHER ASSETS:    
Investment in California Water Service Group 6,925 6,030
Net regulatory assets, less current portion 150,563 152,021
Other 7,754 7,701
Assets, Noncurrent 165,242 165,752
Assets 1,355,576 1,337,325
Shareholders' equity:    
Common stock, $0.521 par value; authorized 36,000,000 shares; issued and outstanding 20,425,794 shares on March 31, 2016 and 20,381,949 on December 31, 2015 10,639 10,616
Additional paid-in capital 69,286 68,636
Retained earnings 301,433 302,220
Accumulated other comprehensive income 2,841 2,311
Total shareholders' equity 384,199 383,783
Long-term debt, less current portion 365,823 377,187
Capitalization, Long-term Debt and Equity 750,022 760,970
CURRENT LIABILITIES:    
Line of credit 39,500 34,600
Current portion of long-term debt 14,781 3,491
Accrued groundwater extraction charges, purchased water and power 5,771 7,163
Accounts payable 19,116 16,196
Accrued interest 5,773 6,193
Accrued property taxes and other non-income taxes 2,730 1,622
Accrued payroll 4,351 4,203
Other current liabilities 5,793 6,155
Liabilities, Current 97,815 79,623
DEFERRED INCOME TAXES 200,317 198,775
ADVANCES FOR CONSTRUCTION 79,142 76,572
CONTRIBUTIONS IN AID OF CONSTRUCTION 145,701 141,194
POSTRETIREMENT BENEFIT PLANS 72,399 70,230
OTHER NONCURRENT LIABILITIES 10,180 9,961
COMMITMENTS AND CONTINGENCIES 0 0
Liabilities and Equity $ 1,355,576 $ 1,337,325