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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Statement of Financial Position [Abstract]    
Water Production $ 250,408 $ 249,153
Transmission and Distribution 740,679 735,138
General 98,201 97,581
Construction Work in Progress 72,629 53,570
TOTAL 1,161,917 1,135,442
Less Accumulated Depreciation 219,924 214,891
UTILITY PLANT - NET 941,993 920,551
Cash and Cash Equivalents 4,862 3,828
Accounts Receivable, net of allowance for uncollectible accounts of $2,317 and $2,326, respectively 15,526 16,018
Unbilled Revenues 8,660 8,659
Materials and Supplies (at average cost) 6,559 6,177
Prepayments 3,914 2,624
TOTAL CURRENT ASSETS 39,521 37,306
Operating Lease Right of Use Asset 3,662 3,826
Preliminary Survey and Investigation Charges 2,809 2,806
Regulatory Assets 90,203 90,046
Non-utility Assets - Net 11,404 11,207
Employee Benefit Plans 9,284 8,689
Other 39 19
TOTAL OTHER ASSETS 117,401 116,593
TOTAL ASSETS 1,098,915 1,074,450
CAPITALIZATION AND LIABILITIES    
Common Stock, No Par Value 235,756 233,054
Retained Earnings 167,599 167,274
TOTAL COMMON EQUITY 403,355 400,328
Preferred Stock 2,084 2,084
Long-term Debt 329,636 290,280
TOTAL CAPITALIZATION 735,075 692,692
Current Portion of Long-term Debt 17,449 17,462
Notes Payable 28,500 55,500
Accounts Payable 27,623 24,847
Accrued Taxes 15,996 12,162
Accrued Interest 2,498 2,535
Unearned Revenues and Advanced Service Fees 1,311 1,365
Other 2,601 3,988
TOTAL CURRENT LIABILITIES 95,978 117,859
COMMITMENTS AND CONTINGENT LIABILITIES
Customer Advances for Construction 22,297 21,382
Lease Obligations 3,543 3,706
Accumulated Deferred Income Taxes 79,048 77,783
Regulatory Liabilities 47,032 46,734
Other 837 919
TOTAL OTHER LIABILITIES 152,757 150,524
CONTRIBUTIONS IN AID OF CONSTRUCTION 115,105 113,375
TOTAL CAPITALIZATION AND LIABILITIES $ 1,098,915 $ 1,074,450