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Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
ASSETS    
UTILITY PLANT, at original cost $ 467,343 $ 438,670
Plant acquisition adjustments (3,657) (3,707)
Accumulated depreciation (96,123) (91,340)
Net utility plant 367,563 343,623
OTHER PHYSICAL PROPERTY, net of accumulated depreciation of $477 in 2021 and $458 in 2020 723 742
CURRENT ASSETS:    
Cash and cash equivalents 1 2
Restricted cash 0 5,000
Accounts receivable, net of reserves of $856 in 2021 and $655 in 2020 3,935 5,184
Unbilled revenues 3,047 2,847
Recoverable income taxes 21 721
Materials and supplies inventories, at cost 1,379 1,010
Prepaid expenses 1,790 1,526
Total current assets 10,173 16,290
OTHER LONG-TERM ASSETS:    
Prepaid pension cost 4,598 2,209
Note receivable 255 255
Deferred regulatory assets 43,151 39,893
Other assets 4,285 3,945
Total other long-term assets 52,289 46,302
Total Assets 430,748 406,957
COMMON STOCKHOLDERS' EQUITY:    
Common stock, no par value, authorized 46,500,000 shares, issued and outstanding 13,102,924 shares in 2021 and 13,060,817 shares in 2020 87,714 85,935
Retained earnings 62,946 57,317
Total common stockholders' equity 150,660 143,252
PREFERRED STOCK, authorized 500,000 shares, no shares issued 0 0
LONG-TERM DEBT 132,197 123,573
COMMITMENTS
CURRENT LIABILITIES:    
Accounts payable 7,455 6,540
Dividends payable 2,202 2,192
Accrued compensation and benefits 1,519 1,417
Accrued interest 1,068 959
Deferred regulatory liabilities 607 525
Other accrued expenses 360 360
Total current liabilities 13,211 11,993
DEFERRED CREDITS:    
Customers' advances for construction 11,358 10,326
Deferred income taxes 46,922 43,538
Deferred employee benefits 4,834 4,793
Deferred regulatory liabilities 27,905 25,444
Other deferred credits 2,203 2,731
Total deferred credits 93,222 86,832
Contributions in aid of construction 41,458 41,307
Total Stockholders' Equity and Liabilities $ 430,748 $ 406,957