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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Utility plant:    
Land $ 34,938 $ 34,395
Depreciable plant and equipment 3,117,413 2,988,454
Construction in progress 117,546 112,232
Intangible assets 35,274 33,424
Utility plant, gross 3,305,171 3,168,505
Less accumulated depreciation and amortization 1,023,677 962,019
Utility plant, net 2,281,494 2,206,486
Real estate investments 58,085 57,699
Less accumulated depreciation and amortization 14,493 13,597
Total 43,592 44,102
Cash and cash equivalents:    
Cash 20,211 12,944
Restricted cash 0 5,000
Accounts receivable:    
Customers, net of allowances for uncollectible accounts 51,374 36,305
Income tax 2,222 8,837
Other 2,828 2,833
Accrued unbilled utility revenue 57,418 40,102
Current regulatory assets, net 4,758 6,472
Other current assets 16,091 9,553
Current assets 154,902 122,046
OTHER ASSETS:    
Net regulatory assets, less current portion 132,216 113,945
Investments 13,629 12,928
Goodwill 627,036 628,287
Other 6,845 4,676
Other assets 779,726 759,836
Assets 3,259,714 3,132,470
Stockholders’ equity:    
Common stock, $0.001 par value; authorized 70,000,000 shares; issued and outstanding shares 28,552,177 on September 30, 2020 and 28,456,508 on December 31, 2019 29 28
Additional paid-in capital 509,031 506,639
Retained earnings 403,923 383,191
Accumulated other comprehensive income 78 126
Total stockholders’ equity 913,061 889,984
Long-term debt, less current portion 1,307,612 1,283,597
Capitalization, Long-term Debt and Equity 2,220,673 2,173,581
CURRENT LIABILITIES:    
Line of credit 125,803 117,209
Current portion of long-term debt 71,943 22,272
Accrued groundwater extraction charges, purchased water and power 27,607 17,211
Accounts payable 33,759 34,886
Accrued interest 17,586 13,140
Accrued payroll 10,599 11,570
Other current liabilities 18,101 18,279
Current liabilities 305,398 234,567
DEFERRED INCOME TAXES 186,952 195,598
ADVANCES FOR CONSTRUCTION 123,043 112,339
CONTRIBUTIONS IN AID OF CONSTRUCTION 291,482 286,035
POSTRETIREMENT BENEFIT PLANS 107,129 108,044
OTHER NONCURRENT LIABILITIES 25,037 22,306
COMMITMENTS AND CONTINGENCIES 0 0
Capitalization and liabilities $ 3,259,714 $ 3,132,470