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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Statement of Financial Position [Abstract]    
Water Production $ 287,871 $ 249,153
Transmission and Distribution 768,138 735,138
General 99,587 97,581
Construction Work in Progress 36,792 53,570
TOTAL 1,192,388 1,135,442
Less Accumulated Depreciation 225,281 214,891
UTILITY PLANT - NET 967,107 920,551
Cash and Cash Equivalents 4,377 3,828
Accounts Receivable, net of allowance for uncollectible accounts of $1,889 and $2,326, respectively 15,230 16,018
Unbilled Revenues 11,067 8,659
Materials and Supplies (at average cost) 6,426 6,177
Prepayments 3,470 2,624
TOTAL CURRENT ASSETS 40,570 37,306
Operating Lease Right of Use Asset 3,499 3,826
Preliminary Survey and Investigation Charges 2,270 2,806
Regulatory Assets 92,772 90,046
Non-utility Assets - Net 11,449 11,207
Employee Benefit Plans 9,898 8,689
Other 21 19
TOTAL OTHER ASSETS 119,909 116,593
TOTAL ASSETS 1,127,586 1,074,450
CAPITALIZATION AND LIABILITIES    
Common Stock, No Par Value 239,545 233,054
Retained Earnings 171,932 167,274
TOTAL COMMON EQUITY 411,477 400,328
Preferred Stock 2,084 2,084
Long-term Debt 350,446 290,280
TOTAL CAPITALIZATION 764,007 692,692
CURRENT Current Portion of Long-term Debt 17,460 17,462
Notes Payable 23,500 55,500
Accounts Payable 28,265 24,847
Accrued Taxes 10,339 12,162
Accrued Interest 3,098 2,535
Unearned Revenues and Advanced Service Fees 1,476 1,365
Other 3,425 3,988
TOTAL CURRENT LIABILITIES 87,563 117,859
COMMITMENTS AND CONTINGENT LIABILITIES
Customer Advances for Construction 21,032 21,382
Lease Obligations 3,382 3,706
Accumulated Deferred Income Taxes 85,196 77,783
Regulatory Liabilities 47,400 46,734
Other 758 919
TOTAL OTHER LIABILITIES 157,768 150,524
CONTRIBUTIONS IN AID OF CONSTRUCTION 118,248 113,375
TOTAL CAPITALIZATION AND LIABILITIES $ 1,127,586 $ 1,074,450