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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Utility plant:    
Land $ 17,831 $ 17,923
Depreciable plant and equipment 1,714,228 1,554,016
Construction in progress 45,851 70,453
Intangible assets 14,413 23,989
Property, Plant and Equipment, Gross 1,792,323 1,666,381
Less accumulated depreciation and amortization 553,059 520,018
Public Utilities, Property, Plant and Equipment, Net 1,239,264 1,146,363
Real estate investments 56,213 62,193
Less accumulated depreciation and amortization 11,132 11,734
Property, Plant and Equipment, Net 45,081 50,459
Current assets:    
Cash and cash equivalents 7,799 6,349
Restricted cash 0 19,001
Accounts receivable:    
Customers, net of allowances for uncollectible accounts of $190 and $200 in 2017 and 2016, respectively 17,305 16,361
Income tax 7,981 9,796
Other 1,118 3,383
Accrued unbilled utility revenue 27,905 24,255
Current regulatory assets, net 0 16,064
Other current assets 4,750 4,402
Assets, Current 66,858 99,611
Other assets:    
Investment in California Water Service Group 4,535 3,390
Net regulatory assets, less current portion 99,554 135,709
Other 2,709 7,844
Assets, Noncurrent 106,798 146,943
Assets 1,458,001 1,443,376
Stockholders’ equity:    
Common stock, $0.001 par value; authorized 36,000,000 shares; issued and outstanding 20,520,856 shares in 2017 and 20,456,225 shares in 2016 21 21
Additional paid-in capital 84,866 81,715
Retained earnings 376,119 338,386
Accumulated other comprehensive income 2,203 1,524
Total stockholders’ equity 463,209 421,646
Long-term debt, less current portion 431,092 433,335
Capitalization, Long-term Debt and Equity 894,301 854,981
Current liabilities:    
Lines of credit 25,000 14,200
Current portion of long-term debt 0 125
Accrued groundwater extraction charges, purchased water and power 14,382 10,846
Accounts payable 22,960 18,739
Accrued interest 6,869 6,309
Accrued property taxes and other non-income taxes 1,904 1,681
Accrued payroll 6,011 4,696
Other current liabilities 7,926 6,977
Liabilities, Current 85,052 63,573
Deferred income taxes 85,795 205,203
Advances for construction 83,695 84,815
Contributions in aid of construction 160,830 151,576
Postretirement benefit plans 72,841 70,177
Regulatory liability 62,476 0
Other noncurrent liabilities 13,011 13,051
Commitments and contingencies 0 0
Liabilities and Equity $ 1,458,001 $ 1,443,376