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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 9,529 $ 8,711
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 6,140 5,988
Deferred income taxes, net (640) (3,073)
Stock compensation 104 92
AFUDC, equity portion (349) (415)
Changes in assets and liabilities, net of acquisitions:    
Accounts receivable, net of allowance for doubtful accounts 204 434
Income tax receivable 1,468 559
Unbilled operating revenues (704) (599)
Materials and supplies (936) 68
Prepaid property taxes 2,862 1,891
Prepaid expenses and other (130) (754)
Other deferred assets 511 (467)
Regulatory assets 185 (71)
Regulatory liabilities (254) (297)
Income taxes payable 792 2,362
Accounts payable (4,680) (1,071)
Accrued expenses (934) (124)
Accrued interest (21) (25)
Deposits and other 441 567
NET CASH PROVIDED BY OPERATING ACTIVITIES 13,588 13,776
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (net of AFUDC, equity portion) (23,266) (19,418)
Investment in acquisitions, net of cash acquired (6,341) 0
Proceeds from sale of assets 41 15
NET CASH USED IN INVESTING ACTIVITIES (29,566) (19,403)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net (repayments) under lines of credit agreements (17,123) (1,120)
Deferred debt issuance cost (102) 0
Increase in overdraft payable 304 403
Net advances and contributions in aid of construction 8,013 9,786
Net proceeds from issuance of common stock 936 941
Issuance of long-term debt 30,000 1,720
Dividends paid (5,096) (4,856)
Principal repayments of long-term debt (826) (906)
NET CASH PROVIDED BY FINANCING ACTIVITIES 16,106 5,968
NET INCREASE IN CASH AND CASH EQUIVALENTS 128 341
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 92 28
CASH AND CASH EQUIVALENTS AT END OF PERIOD 220 369
Non-cash Investing and Financing Activity:    
Utility plant received as construction advances and contributions 3,243 2,334
Dividends declared but not paid 2,581 2,454
Amounts included in accounts payable and accrued payables related to capital expenditures 1,761 2,723
Supplemental Cash Flow Information:    
Interest paid 3,996 3,800
Income taxes paid 743 3,248
Preliminary purchase price of allocation of investment in acquisitions:    
Utility plant 28,335 0
Cash 280 0
Other assets 3,580 0
Total assets 32,195 0
Less:    
Liabilities 3,536 0
Future contractual obligation payable to seller 1,569 0
CIAC 20,469 0
Cash paid for acquisitions 6,621 0
Cash received from acquisitions 280 0
Net cash paid for acquisitions $ 6,341 $ 0