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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Utility plant:    
Land $ 18,237 $ 17,923
Depreciable plant and equipment 1,614,139 1,554,016
Construction in progress 111,935 70,453
Intangible assets 25,164 23,989
Utility plant, gross 1,769,475 1,666,381
Less accumulated depreciation and amortization 542,890 520,018
Utility plant, net 1,226,585 1,146,363
Real estate investments 56,224 62,193
Less accumulated depreciation and amortization 10,844 11,734
Total 45,380 50,459
CURRENT ASSETS:    
Cash and cash equivalents 7,569 6,349
Restricted cash 0 19,001
Accounts receivable:    
Customers, net of allowances for uncollectible accounts 23,297 16,361
Income tax 0 9,796
Other 1,609 3,383
Accrued unbilled utility revenue 38,055 24,255
Current regulatory assets, net 11,368 16,064
Other current assets 5,223 4,402
Current assets 87,121 99,611
OTHER ASSETS:    
Investment in California Water Service Group 3,815 3,390
Net regulatory assets, less current portion 140,911 135,709
Other 7,758 7,844
Other assets 152,484 146,943
Assets 1,511,570 1,443,376
Stockholders’ equity:    
Common stock, $0.001 par value; authorized 36,000,000 shares; issued and outstanding shares 20,520,856 on September 30, 2017 and 20,456,225 on December 31, 2016 21 21
Additional paid-in capital 83,856 81,715
Retained earnings 366,818 338,386
Accumulated other comprehensive income 1,776 1,524
Total stockholders’ equity 452,471 421,646
Long-term debt, less current portion 431,009 433,335
Capitalization, Long-term Debt and Equity 883,480 854,981
CURRENT LIABILITIES:    
Line of credit 13,000 14,200
Current portion of long-term debt 0 125
Accrued groundwater extraction charges, purchased water and power 21,696 10,846
Accounts payable 30,658 18,739
Accrued interest 7,247 6,309
Accrued property taxes and other non-income taxes 3,635 1,681
Accrued payroll 3,695 4,696
Non-refundable deposit 3,000 0
Income tax payable 1,917 0
Other current liabilities 8,570 6,977
Current liabilities 93,418 63,573
DEFERRED INCOME TAXES 206,343 205,203
ADVANCES FOR CONSTRUCTION 84,496 84,815
CONTRIBUTIONS IN AID OF CONSTRUCTION 157,448 151,576
POSTRETIREMENT BENEFIT PLANS 73,532 70,177
OTHER NONCURRENT LIABILITIES 12,853 13,051
COMMITMENTS AND CONTINGENCIES 0 0
Capitalization and liabilities $ 1,511,570 $ 1,443,376