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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
UTILITY PLANT:    
Water Production $ 161,269 $ 160,870
Transmission and Distribution 607,682 556,517
General 82,844 83,043
Construction Work in Progress 48,267 75,520
TOTAL 900,062 875,950
Less Accumulated Depreciation 173,511 170,220
UTILITY PLANT - NET 726,551 705,730
CURRENT ASSETS:    
Cash and Cash Equivalents 15,419 2,230
Accounts Receivable, net 10,823 11,908
Unbilled Revenues 6,702 7,183
Materials and Supplies (at average cost) 5,276 5,445
Prepayments 1,790 2,367
TOTAL CURRENT ASSETS 40,010 29,133
DEFERRED CHARGES AND OTHER ASSETS:    
Operating Lease Right of Use Asset 5,757 5,944
Preliminary Survey and Investigation Charges 2,208 2,054
Regulatory Assets 110,678 110,479
Restricted Cash 37,882 44,269
Non-utility Assets - Net 10,393 10,370
Other 1,837 1,899
TOTAL DEFERRED CHARGES AND OTHER ASSETS 168,755 175,015
TOTAL ASSETS 935,316 909,878
CAPITALIZATION:    
Common Stock, No Par Value 215,600 215,125
Retained Earnings 111,800 108,667
TOTAL COMMON EQUITY 327,400 323,792
Preferred Stock 2,084 2,084
Long-term Debt 234,789 230,777
TOTAL CAPITALIZATION 564,273 556,653
CURRENT LIABILITIES:    
Current Portion of Long-term Debt 7,171 7,178
Notes Payable 33,500 20,000
Accounts Payable 24,116 23,306
Accrued Taxes 11,165 7,635
Accrued Interest 862 2,031
Unearned Revenues and Advanced Service Fees 1,210 1,211
Other 2,515 3,620
TOTAL CURRENT LIABILITIES 80,539 64,981
COMMITMENTS AND CONTINGENT LIABILITIES
DEFERRED CREDITS AND OTHER LIABILITIES:    
Customer Advances for Construction 24,146 23,905
Lease Obligations 5,558 5,732
Accumulated Deferred Income Taxes 55,580 54,408
Employee Benefit Plans 34,157 34,671
Regulatory Liabilities 67,063 69,152
Other 2,500 2,546
TOTAL DEFERRED CREDITS AND OTHER LIABILITIES 189,004 190,414
CONTRIBUTIONS IN AID OF CONSTRUCTION 101,500 97,830
TOTAL CAPITALIZATION AND LIABILITIES $ 935,316 $ 909,878