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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
ASSETS    
Utility plant, at original cost (less accumulated depreciation - 2023 - $176,243; 2022 - $172,954) $ 679,714 $ 668,031
Current assets    
Cash and cash equivalents 115 1,309
Accounts receivable (less allowance for doubtful accounts - 2023 - $410; 2022 - $416) 10,218 13,511
Income tax receivable 737 1,632
Unbilled operating revenues 1,296 1,586
Materials and supplies 5,260 4,702
Prepaid property taxes 1,085 2,186
Prepaid expenses and other 2,898 2,878
Total current assets 21,609 27,804
Other assets    
Non-utility property (less accumulated depreciation - 2023 - $1,007; 2022 - $990) 3,727 3,740
Other deferred assets 11,056 10,536
Goodwill 1,939 1,939
Operating lease right of use assets 502 467
Total other assets 17,224 16,682
Regulatory assets, net 7,239 7,274
Total Assets 725,786 719,791
Stockholders' equity    
Common stock 9,504 9,502
Preferred stock 0 0
Additional paid-in capital 107,290 107,143
Retained earnings 72,345 71,286
Total stockholders' equity 189,139 187,931
Long-term debt, net of current portion 176,263 175,619
Total stockholders' equity and long-term debt 365,402 363,550
Current liabilities    
Lines of credit 21,609 20,174
Current portion of long-term debt 2,090 2,003
Accounts payable 8,103 10,929
Accrued expenses 4,060 4,246
Overdraft payable 210 43
Accrued interest 1,441 989
Income taxes payable 618 6
Customer and other deposits 2,510 2,489
Other 2,899 3,190
Total current liabilities 43,540 44,069
Commitments and contingencies
Deferred credits and other liabilities    
Net advances for construction 3,633 3,686
Operating lease liabilities 496 466
Regulatory liabilities 28,664 28,721
Deferred investment tax credits 435 439
Deferred income taxes 54,457 54,552
Total deferred credits and other liabilities 87,685 87,864
Net contributions in aid of construction 229,159 224,308
Total Liabilities and Stockholders' Equity $ 725,786 $ 719,791