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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Utility plant:    
Land $ 18,073 $ 17,923
Depreciable plant and equipment 1,575,892 1,554,016
Construction in progress 110,396 70,453
Intangible assets 25,165 23,989
Utility plant, gross 1,729,526 1,666,381
Less accumulated depreciation and amortization 535,346 520,018
Utility plant, net 1,194,180 1,146,363
Real estate investments 56,226 62,193
Less accumulated depreciation and amortization 10,545 11,734
Total 45,681 50,459
CURRENT ASSETS:    
Cash and cash equivalents 9,220 6,349
Restricted cash 8 19,001
Accounts receivable:    
Customers, net of allowances for uncollectible accounts 19,643 16,361
Income tax 0 9,796
Other 1,038 3,383
Accrued unbilled utility revenue 31,132 24,255
Current regulatory assets, net 7,672 16,064
Other current assets 4,179 4,402
Current assets 72,892 99,611
OTHER ASSETS:    
Investment in California Water Service Group 3,680 3,390
Net regulatory assets, less current portion 147,132 135,709
Other 7,621 7,844
Other assets 158,433 146,943
Assets 1,471,186 1,443,376
Stockholders’ equity:    
Common stock, $0.001 par value; authorized 36,000,000 shares; issued and outstanding shares 20,506,494 on June 30, 2017 and 20,456,225 on December 31, 2016 21 21
Additional paid-in capital 82,622 81,715
Retained earnings 351,771 338,386
Accumulated other comprehensive income 1,696 1,524
Total stockholders’ equity 436,110 421,646
Long-term debt, less current portion 430,926 433,335
Capitalization, Long-term Debt and Equity 867,036 854,981
CURRENT LIABILITIES:    
Line of credit 0 14,200
Current portion of long-term debt 0 125
Accrued groundwater extraction charges, purchased water and power 18,222 10,846
Accounts payable 27,060 18,739
Accrued interest 6,823 6,309
Accrued property taxes and other non-income taxes 947 1,681
Accrued payroll 4,540 4,696
Non-refundable deposit 3,000 0
Income tax payable 2,407 0
Other current liabilities 7,397 6,977
Current liabilities 70,396 63,573
DEFERRED INCOME TAXES 206,503 205,203
ADVANCES FOR CONSTRUCTION 87,223 84,815
CONTRIBUTIONS IN AID OF CONSTRUCTION 154,441 151,576
POSTRETIREMENT BENEFIT PLANS 72,828 70,177
OTHER NONCURRENT LIABILITIES 12,759 13,051
COMMITMENTS AND CONTINGENCIES 0 0
Capitalization and liabilities $ 1,471,186 $ 1,443,376