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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
UTILITY PLANT:    
Water Production $ 140,271 $ 138,242
Transmission and Distribution 386,015 378,154
General 59,666 58,851
Construction Work in Progress 9,527 8,145
TOTAL 595,479 583,392
Less Accumulated Depreciation 121,935 117,986
UTILITY PLANT - NET 473,544 465,406
CURRENT ASSETS:    
Cash and Cash Equivalents 5,774 2,673
Accounts Receivable, net 10,481 10,012
Unbilled Revenues 7,592 5,937
Materials and Supplies (at average cost) 2,323 2,253
Prepayments 2,880 1,989
TOTAL CURRENT ASSETS 29,050 22,864
DEFERRED CHARGES AND OTHER ASSETS:    
Unamortized Debt Expense 3,376 3,474
Preliminary Survey and Investigation Charges 2,102 2,211
Regulatory Assets 64,875 66,216
Operations Contracts, Developer and Other Receivables 3,260 3,313
Restricted Cash 455 2,573
Non-utility Assets - Net 9,292 9,197
Other 453 518
TOTAL DEFERRED CHARGES AND OTHER ASSETS 83,813 87,502
TOTAL ASSETS 586,407 575,772
CAPITALIZATION:    
Common Stock, No Par Value 149,739 148,668
Retained Earnings 51,062 48,623
TOTAL COMMON EQUITY 200,801 197,291
Preferred Stock 2,436 2,436
Long-term Debt 136,065 136,039
TOTAL CAPITALIZATION 339,302 335,766
CURRENT LIABILITIES:    
Current Portion of Long-term Debt 5,692 5,910
Notes Payable 18,000 19,000
Accounts Payable 8,925 6,354
Accrued Taxes 12,500 8,948
Accrued Interest 1,118 1,134
Unearned Revenues and Advanced Service Fees 861 839
Other 2,318 1,687
TOTAL CURRENT LIABILITIES $ 49,414 $ 43,872
COMMITMENTS AND CONTINGENT LIABILITIES (Note 7)    
DEFERRED CREDITS AND OTHER LIABILITIES:    
Customer Advances for Construction $ 21,979 $ 21,978
Accumulated Deferred Investment Tax Credits 871 910
Accumulated Deferred Income Taxes 48,171 47,306
Employee Benefit Plans 44,196 45,135
Regulatory Liability - Cost of Utility Plant Removal 10,609 10,273
Other 1,659 1,277
TOTAL DEFERRED CREDITS AND OTHER LIABILITIES 127,485 126,879
CONTRIBUTIONS IN AID OF CONSTRUCTION 70,206 69,255
TOTAL CAPITALIZATION AND LIABILITIES $ 586,407 $ 575,772