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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Utility plant:    
Land $ 18,300 $ 17,831
Depreciable plant and equipment 1,783,654 1,714,228
Construction in progress 79,475 45,851
Intangible assets 15,748 14,413
Utility plant, gross 1,897,177 1,792,323
Less accumulated depreciation and amortization 593,916 553,059
Utility plant, net 1,303,261 1,239,264
Real estate investments 56,336 56,213
Less accumulated depreciation and amortization 12,029 11,132
Total 44,307 45,081
CURRENT ASSETS:    
Cash and cash equivalents 13,327 7,799
Accounts receivable:    
Customers, net of allowances for uncollectible accounts 22,595 17,305
Income tax 0 7,981
Other 826 1,118
Accrued unbilled utility revenue 38,097 27,905
Other current assets 5,522 4,750
Current assets 80,367 66,858
OTHER ASSETS:    
Investment in California Water Service Group 0 4,535
Net regulatory assets, less current portion 104,670 99,554
Other 4,263 2,709
Other assets 108,933 106,798
Assets 1,536,868 1,458,001
Stockholders’ equity:    
Common stock, $0.001 par value; authorized 36,000,000 shares; issued and outstanding shares 20,631,171 on September 30, 2018 and 20,520,856 on December 31, 2017 21 21
Additional paid-in capital 84,045 84,866
Retained earnings 390,891 376,119
Accumulated other comprehensive income 0 2,203
Total stockholders’ equity 474,957 463,209
Long-term debt, less current portion 431,341 431,092
Capitalization, Long-term Debt and Equity 906,298 894,301
CURRENT LIABILITIES:    
Line of credit 76,000 25,000
Accrued groundwater extraction charges, purchased water and power 22,856 14,382
Accounts payable 26,956 22,960
Accrued interest 7,402 6,869
Accrued property taxes and other non-income taxes 4,056 1,904
Accrued payroll 4,568 6,011
Income tax payable 1,340 0
Other current liabilities 8,502 7,926
Current liabilities 151,680 85,052
DEFERRED INCOME TAXES 80,901 85,795
ADVANCES FOR CONSTRUCTION 80,124 83,695
CONTRIBUTIONS IN AID OF CONSTRUCTION 167,769 160,830
POSTRETIREMENT BENEFIT PLANS 75,877 72,841
REGULATORY LIABILITY 60,650 62,476
OTHER NONCURRENT LIABILITIES 13,569 13,011
COMMITMENTS AND CONTINGENCIES 0 0
Capitalization and liabilities $ 1,536,868 $ 1,458,001