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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
ASSETS    
Utility plant, at original cost (less accumulated depreciation - 2022 - $172,261; 2021 - $159,385) $ 639,513 $ 590,431
Current assets    
Cash and cash equivalents 220 92
Accounts receivable (less allowance for doubtful accounts - 2022 - $466; 2021 - $429) 8,114 8,367
Income tax receivable 766 2,234
Unbilled operating revenues 2,149 1,080
Materials and supplies 2,869 1,933
Prepaid property taxes 21 2,306
Prepaid expenses and other 2,792 2,652
Total current assets 16,931 18,664
Other assets    
Non-utility property (less accumulated depreciation - 2022- $956; 2021 - $919) 3,759 3,751
Other deferred assets 7,116 5,097
Operating lease right of use assets 445 451
Total other assets 11,320 9,299
Regulatory assets, net 6,314 6,321
Total Assets 674,078 624,715
Stockholders' equity    
Common stock 9,459 9,414
Preferred stock 0 0
Additional paid-in capital 105,984 104,989
Retained earnings 65,459 63,607
Total stockholders' equity 180,902 178,010
Long-term debt, net of current portion 173,597 143,259
Total stockholders' equity and long term debt 354,499 321,269
Current liabilities    
Lines of credit 9,580 26,703
Current portion of long-term debt 1,996 1,591
Dividends payable 2,581 0
Accounts payable 8,576 10,206
Accrued expenses 3,748 4,038
Overdraft payable 334 30
Accrued interest 896 917
Income taxes payable 792 0
Customer and other deposits 2,394 2,273
Other 2,593 1,448
Total current liabilities 33,490 47,206
Commitments and contingencies (Note 11)
Deferred credits and other liabilities    
Net advances for construction 4,174 4,295
Operating lease liabilities 440 440
Regulatory liabilities 21,632 21,260
Deferred investment tax credits 447 456
Deferred income taxes 52,701 53,133
Total deferred credits and other liabilities 79,394 79,584
Net contributions in aid of construction 206,695 176,656
Total Liabilities and Stockholders' Equity $ 674,078 $ 624,715