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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Utility plant:    
Land $ 39,885 $ 39,004
Depreciable plant and equipment 3,596,198 3,381,908
Construction in progress 127,528 176,427
Intangible assets 35,960 36,276
Property, plant, and equipment, gross 3,799,571 3,633,615
Less accumulated depreciation and amortization 1,206,690 1,136,116
Public utilities, property, plant and equipment, net 2,592,881 2,497,499
Real estate investments and nonutility properties 58,012 57,632
Less accumulated depreciation and amortization 16,855 15,951
Real estate investment property, total 41,157 41,681
Cash and cash equivalents:    
Cash 13,190 10,908
Restricted cash 0 1,211
Accounts receivable:    
Customers, net of allowances for uncollectible accounts of $5,665 and $4,600 on September 30, 2022 and December 31, 2021, respectively 63,760 53,699
Income tax 0 2,308
Other 7,300 4,735
Accrued unbilled utility revenue 53,682 44,026
Prepaid expenses 12,964 9,667
Current regulatory assets, net 738 2,629
Other current assets 6,266 4,902
Total current assets 157,900 134,085
OTHER ASSETS:    
Net regulatory assets, less current portion 145,945 151,992
Investments 14,438 15,784
Goodwill 640,311 640,471
Other 12,072 10,883
Total other assets 812,766 819,130
Total assets 3,604,704 3,492,395
Stockholders’ equity:    
Common stock, $0.001 par value; authorized 70,000,000 shares; issued and outstanding shares 30,315,265 on September 30, 2022 and 30,181,348 on December 31, 2021 30 30
Additional paid-in capital 614,226 606,392
Retained earnings 435,856 428,260
Accumulated other comprehensive income (765) (163)
Total stockholders’ equity 1,049,347 1,034,519
Long-term debt, less current portion 1,453,748 1,492,935
Capitalization, long-term debt and equity 2,503,095 2,527,454
CURRENT LIABILITIES:    
Line of credit 199,170 62,996
Current portion of long-term debt 4,340 39,106
Accrued groundwater extraction charges, purchased water and power 27,694 17,200
Accounts payable 29,765 30,391
Accrued interest 17,905 14,174
Accrued payroll 11,524 11,583
Income tax payable 3,859 0
Other current liabilities 24,453 27,821
Total current liabilities 318,710 203,271
DEFERRED INCOME TAXES 208,130 200,451
ADVANCES FOR CONSTRUCTION 140,842 130,693
CONTRIBUTIONS IN AID OF CONSTRUCTION 319,866 316,479
POSTRETIREMENT BENEFIT PLANS 89,610 89,998
OTHER NONCURRENT LIABILITIES 24,451 24,049
COMMITMENTS AND CONTINGENCIES
Total capitalization and liabilities $ 3,604,704 $ 3,492,395