XML 34 R2.htm IDEA: XBRL DOCUMENT v3.6.0.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Utility plant:    
Land $ 17,923 $ 17,853
Depreciable plant and equipment 1,554,016 1,438,321
Construction in progress 70,453 45,573
Intangible assets 23,989 22,675
Property, Plant and Equipment, Gross 1,666,381 1,524,422
Less accumulated depreciation and amortization 520,018 487,659
Public Utilities, Property, Plant and Equipment, Net 1,146,363 1,036,763
Real estate investments 62,193 74,461
Less accumulated depreciation and amortization 11,734 13,027
Property, Plant and Equipment, Net 50,459 61,434
Current assets:    
Cash and cash equivalents 6,349 5,239
Restricted cash 19,001 0
Accounts receivable:    
Customers, net of allowances for uncollectible accounts of $200 in 2016 and 2015 16,361 16,390
Income tax 9,796 10,852
Other 3,383 2,192
Accrued unbilled utility revenue 24,255 17,417
Current regulatory assets, net 16,064 16,542
Other current assets 4,402 4,744
Assets, Current 99,611 73,376
Other assets:    
Investment in California Water Service Group 3,390 6,030
Net regulatory assets, less current portion 135,709 152,021
Other 7,844 7,701
Assets, Noncurrent 146,943 165,752
Assets 1,443,376 1,337,325
Stockholders’ equity:    
Common stock, $0.001 par value; authorized 36,000,000 shares; issued and outstanding 20,456,225 shares in 2016 and 20,381,949 shares in 2015 21 21
Additional paid-in capital 81,715 79,231
Retained earnings 338,386 302,220
Accumulated other comprehensive income 1,524 2,311
Total stockholders’ equity 421,646 383,783
Long-term debt, less current portion 433,335 377,187
Capitalization, Long-term Debt and Equity 854,981 760,970
Current liabilities:    
Lines of credit 14,200 34,600
Current portion of long-term debt 125 3,491
Accrued groundwater extraction charges, purchased water and power 10,846 7,163
Accounts payable 18,739 16,196
Accrued interest 6,309 6,193
Accrued property taxes and other non-income taxes 1,681 1,622
Accrued payroll 4,696 4,203
Other current liabilities 6,977 6,155
Liabilities, Current 63,573 79,623
Deferred income taxes 205,203 198,775
Advances for construction 84,815 76,572
Contributions in aid of construction 151,576 141,194
Postretirement benefit plans 70,177 70,230
Other noncurrent liabilities 13,051 9,961
Commitments and contingencies 0 0
Liabilities and Equity $ 1,443,376 $ 1,337,325