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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
UTILITY PLANT:    
Water Production $ 157,970 $ 156,423
Transmission and Distribution 536,367 512,202
General 80,635 74,371
Construction Work in Progress 69,651 32,878
TOTAL 844,623 775,874
Less Accumulated Depreciation 166,873 157,387
UTILITY PLANT - NET 677,750 618,487
CURRENT ASSETS:    
Cash and Cash Equivalents 3,151 3,705
Accounts Receivable, net 13,407 11,762
Unbilled Revenues 9,417 7,293
Materials and Supplies (at average cost) 5,159 5,411
Prepayments 3,577 2,644
TOTAL CURRENT ASSETS 34,711 30,815
DEFERRED CHARGES AND OTHER ASSETS:    
Operating Lease Right of Use Asset 6,133
Preliminary Survey and Investigation Charges 2,252 5,254
Regulatory Assets 100,320 99,236
Restricted Cash 53,927 1,956
Non-utility Assets - Net 10,306 9,989
Other 1,954 2,093
TOTAL DEFERRED CHARGES AND OTHER ASSETS 174,892 118,528
TOTAL ASSETS 887,353 767,830
CAPITALIZATION:    
Common Stock, No Par Value 170,562 157,354
Retained Earnings 105,233 91,433
TOTAL COMMON EQUITY 275,795 248,787
Preferred Stock 2,084 2,433
Long-term Debt 228,272 152,851
TOTAL CAPITALIZATION 506,151 404,071
CURRENT LIABILITIES:    
Current Portion of Long-term Debt 7,161 7,343
Notes Payable 58,500 48,500
Accounts Payable 20,178 19,325
Accrued Taxes 12,132 14,230
Accrued Interest 799 1,289
Unearned Revenues and Advanced Service Fees 1,048 1,036
Other 3,657 2,640
TOTAL CURRENT LIABILITIES 103,475 94,363
COMMITMENTS AND CONTINGENT LIABILITIES
DEFERRED CREDITS AND OTHER LIABILITIES:    
Customer Advances for Construction 22,682 22,572
Operating Lease Obligation 5,908
Accumulated Deferred Income Taxes 50,947 47,270
Employee Benefit Plans 27,826 30,661
Regulatory Liabilities 72,000 79,112
Other 2,567 2,730
TOTAL DEFERRED CREDITS AND OTHER LIABILITIES 181,930 182,345
CONTRIBUTIONS IN AID OF CONSTRUCTION 95,797 87,051
TOTAL CAPITALIZATION AND LIABILITIES $ 887,353 $ 767,830