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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Utility plant:    
Land $ 18,078 $ 17,923
Depreciable plant and equipment 1,566,643 1,554,016
Construction in progress 88,369 70,453
Intangible assets 25,090 23,989
Utility plant, gross 1,698,180 1,666,381
Less accumulated depreciation and amortization 532,841 520,018
Utility plant, net 1,165,339 1,146,363
Real estate investments 56,170 62,193
Less accumulated depreciation and amortization 10,246 11,734
Total 45,924 50,459
CURRENT ASSETS:    
Cash and cash equivalents 7,092 6,349
Restricted cash 8 19,001
Accounts receivable:    
Customers, net of allowances for uncollectible accounts 15,288 16,361
Income tax 10,032 9,796
Other 3,170 3,383
Accrued unbilled utility revenue 19,526 24,255
Long-lived asset held-for-sale 4,276 0
Current regulatory assets, net 10,469 16,064
Other current assets 3,875 4,402
Current assets 73,736 99,611
OTHER ASSETS:    
Investment in California Water Service Group 3,585 3,390
Net regulatory assets, less current portion 139,387 135,709
Other 7,806 7,844
Other assets 150,778 146,943
Assets 1,435,777 1,443,376
Stockholders’ equity:    
Common stock, $0.001 par value; authorized 36,000,000 shares; issued and outstanding 20,498,733 shares on March 31, 2017 and 20,456,225 on December 31, 2016 21 21
Additional paid-in capital 82,167 81,715
Retained earnings 337,572 338,386
Accumulated other comprehensive income 1,640 1,524
Total stockholders’ equity 421,400 421,646
Long-term debt, less current portion 433,388 433,335
Capitalization, Long-term Debt and Equity 854,788 854,981
CURRENT LIABILITIES:    
Line of credit 0 14,200
Current portion of long-term debt 127 125
Accrued groundwater extraction charges, purchased water and power 10,392 10,846
Accounts payable 20,723 18,739
Accrued interest 6,729 6,309
Accrued property taxes and other non-income taxes 2,559 1,681
Accrued payroll 3,047 4,696
Other current liabilities 7,203 6,977
Current liabilities 50,780 63,573
DEFERRED INCOME TAXES 207,016 205,203
ADVANCES FOR CONSTRUCTION 85,328 84,815
CONTRIBUTIONS IN AID OF CONSTRUCTION 153,233 151,576
POSTRETIREMENT BENEFIT PLANS 72,092 70,177
OTHER NONCURRENT LIABILITIES 12,540 13,051
COMMITMENTS AND CONTINGENCIES 0 0
Capitalization and liabilities $ 1,435,777 $ 1,443,376