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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Utility plant:    
Land $ 36,845 $ 34,395
Depreciable plant and equipment 3,198,060 2,988,454
Construction in progress 109,976 112,232
Intangible assets 35,167 33,424
Property, plant and equipment, gross 3,380,048 3,168,505
Less accumulated depreciation and amortization 1,045,136 962,019
Public utilities, property, plant and equipment, net 2,334,912 2,206,486
Real estate investments 58,129 57,699
Less accumulated depreciation and amortization 14,783 13,597
Real estate investments, net 43,346 44,102
Current assets:    
Cash 5,269 12,944
Restricted cash 4,000 5,000
Accounts receivable:    
Customers, net of allowances for uncollectible accounts of $3,891 and $1,512 in 2020 and 2019, respectively 46,832 36,305
Income tax 7,041 8,837
Other 4,269 2,833
Accrued unbilled utility revenue 44,950 40,102
Current regulatory assets, net 1,748 6,472
Prepaid expenses 8,097 6,625
Other current assets 5,125 2,928
Total current assets 127,331 122,046
Other assets:    
Net regulatory assets, less current portion 156,482 113,945
Investments 14,367 12,928
Goodwill 628,144 628,287
Other 6,883 4,676
Total other assets 805,876 759,836
Total assets 3,311,465 3,132,470
Stockholders’ equity:    
Common stock, $0.001 par value; authorized 70,000,000 shares in 2020 and 2019; issued and outstanding 28,556,605 shares in 2020 and 28,456,508 shares in 2019 29 28
Additional paid-in capital 510,158 506,639
Retained earnings 408,037 383,191
Accumulated other comprehensive (loss) income (1,064) 126
Total stockholders’ equity 917,160 889,984
Long-term debt, less current portion 1,287,580 1,283,597
Capitalization, long-term debt and equity 2,204,740 2,173,581
Current liabilities:    
Lines of credit 175,094 117,209
Current portion of long-term debt 76,241 22,272
Accrued groundwater extraction charges, purchased water and power 19,184 17,211
Accounts payable 34,200 34,886
Accrued interest 12,861 13,140
Accrued payroll 14,012 11,570
Other current liabilities 19,203 18,279
Total current liabilities 350,795 234,567
Deferred income taxes 191,415 195,598
Advances for construction 125,027 112,339
Contributions in aid of construction 296,105 286,035
Postretirement benefit plans 121,597 108,044
Other noncurrent liabilities 21,786 22,306
Commitments and contingencies 0 0
Total equity and liabilities $ 3,311,465 $ 3,132,470