XML 59 R49.htm IDEA: XBRL DOCUMENT v3.19.2
Condensed Consolidating Financial Statements - Condensed Consolidating Statement of Income (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Mar. 31, 2019
Jun. 30, 2018
Mar. 31, 2018
Jun. 30, 2019
Jun. 30, 2018
Condensed Consolidating Financial Statements            
Operating revenue $ 179,031   $ 174,938   $ 305,142 $ 309,491
Operations:            
Water production costs 64,635   65,373   110,227 112,979
Administrative and general 25,434   24,383   54,531 50,702
Other operations 22,542   20,724   40,363 38,364
Maintenance 5,692   5,389   12,147 10,828
Depreciation and amortization 22,326   20,953   44,694 41,668
Income tax (benefit) expense 4,321   4,870   1,330 5,164
Property and other taxes 7,068   6,407   14,361 13,111
Total operating (income) expenses 152,018   148,099   277,653 272,816
Net operating income 27,013   26,839   27,489 36,675
Other income and expenses:            
Non-regulated revenue 5,130   4,845   10,031 9,264
Non-regulated expenses (3,900)   (6,115)   (6,119) (11,552)
Other components of net periodic benefit cost (1,192)   (2,463)   (2,451) (5,009)
Allowance for equity funds used during construction 1,686   710   3,219 1,621
Income tax (expense) benefit on other income and expenses (487)   819   (1,315) 1,577
Net other income (loss) 1,237   (2,204)   3,365 (4,099)
Interest expense:            
Interest expense 12,178   10,134   23,253 19,332
Allowance for borrowed funds used during construction (924)   (304)   (1,755) (799)
Net interest expense 11,254   9,830   21,498 18,533
Equity earnings of subsidiaries 0   0   0 0
Net income (loss) 16,996 $ (7,640) 14,805 $ (762) 9,356 14,043
Consolidating Adjustments            
Condensed Consolidating Financial Statements            
Operating revenue 0   0   0 0
Operations:            
Water production costs 0   0   0 0
Administrative and general 0   0   0 0
Other operations (144)   (146)   (290) (292)
Maintenance 0   0   0 0
Depreciation and amortization (20)   (21)   (41) (43)
Income tax (benefit) expense 218   201   436 398
Property and other taxes 0   0   0 0
Total operating (income) expenses 54   34   105 63
Net operating income (54)   (34)   (105) (63)
Other income and expenses:            
Non-regulated revenue (759)   (703)   (1,518) (1,379)
Non-regulated expenses 0   0   0 0
Other components of net periodic benefit cost 0   0   0 0
Allowance for equity funds used during construction 0   0   0 0
Income tax (expense) benefit on other income and expenses 213   197   425 386
Net other income (loss) (546)   (506)   (1,093) (993)
Interest expense:            
Interest expense (614)   (557)   (1,227) (1,088)
Allowance for borrowed funds used during construction 0   0   0 0
Net interest expense (614)   (557)   (1,227) (1,088)
Equity earnings of subsidiaries (16,923)   (14,717)   (9,189) (13,775)
Net income (loss) (16,909)   (14,700)   (9,160) (13,743)
Parent Company | Reportable Legal Entities            
Condensed Consolidating Financial Statements            
Operating revenue 0   0   0 0
Operations:            
Water production costs 0   0   0 0
Administrative and general 23   0   23 0
Other operations 0   0   0 0
Maintenance 0   0   0 0
Depreciation and amortization 24   24   47 47
Income tax (benefit) expense (144)   (122)   (279) (200)
Property and other taxes 0   0   0 0
Total operating (income) expenses (97)   (98)   (209) (153)
Net operating income 97   98   209 153
Other income and expenses:            
Non-regulated revenue 614   557   1,227 1,088
Non-regulated expenses 0   0   0 0
Other components of net periodic benefit cost 0   0   0 0
Allowance for equity funds used during construction 0   0   0 0
Income tax (expense) benefit on other income and expenses (171)   (156)   (343) (304)
Net other income (loss) 443   401   884 784
Interest expense:            
Interest expense 467   411   926 669
Allowance for borrowed funds used during construction 0   0   0 0
Net interest expense 467   411   926 669
Equity earnings of subsidiaries 16,923   14,717   9,189 13,775
Net income (loss) 16,996   14,805   9,356 14,043
Cal Water | Reportable Legal Entities            
Condensed Consolidating Financial Statements            
Operating revenue 167,450   164,602   283,524 290,478
Operations:            
Water production costs 62,143   63,209   105,569 108,832
Administrative and general 23,207   22,047   49,410 45,653
Other operations 20,857   19,138   36,979 35,355
Maintenance 5,423   5,192   11,646 10,436
Depreciation and amortization 20,814   19,664   41,701 39,277
Income tax (benefit) expense 3,792   4,463   687 4,646
Property and other taxes 6,305   5,682   12,811 11,689
Total operating (income) expenses 142,541   139,395   258,803 255,888
Net operating income 24,909   25,207   24,721 34,590
Other income and expenses:            
Non-regulated revenue 4,881   4,739   9,509 8,983
Non-regulated expenses (3,665)   (5,975)   (5,703) (11,268)
Other components of net periodic benefit cost (1,164)   (2,337)   (2,393) (4,784)
Allowance for equity funds used during construction 1,686   710   3,219 1,621
Income tax (expense) benefit on other income and expenses (486)   783   (1,296) 1,524
Net other income (loss) 1,252   (2,080)   3,336 (3,924)
Interest expense:            
Interest expense 11,708   9,718   22,321 18,652
Allowance for borrowed funds used during construction (862)   (270)   (1,638) (728)
Net interest expense 10,846   9,448   20,683 17,924
Equity earnings of subsidiaries 0   0   0 0
Net income (loss) 15,315   13,679   7,374 12,742
All Other Subsidiaries | Reportable Legal Entities            
Condensed Consolidating Financial Statements            
Operating revenue 11,581   10,336   21,618 19,013
Operations:            
Water production costs 2,492   2,164   4,658 4,147
Administrative and general 2,204   2,336   5,098 5,049
Other operations 1,829   1,732   3,674 3,301
Maintenance 269   197   501 392
Depreciation and amortization 1,508   1,286   2,987 2,387
Income tax (benefit) expense 455   328   486 320
Property and other taxes 763   725   1,550 1,422
Total operating (income) expenses 9,520   8,768   18,954 17,018
Net operating income 2,061   1,568   2,664 1,995
Other income and expenses:            
Non-regulated revenue 394   252   813 572
Non-regulated expenses (235)   (140)   (416) (284)
Other components of net periodic benefit cost (28)   (126)   (58) (225)
Allowance for equity funds used during construction 0   0   0 0
Income tax (expense) benefit on other income and expenses (43)   (5)   (101) (29)
Net other income (loss) 88   (19)   238 34
Interest expense:            
Interest expense 617   562   1,233 1,099
Allowance for borrowed funds used during construction (62)   (34)   (117) (71)
Net interest expense 555   528   1,116 1,028
Equity earnings of subsidiaries 0   0   0 0
Net income (loss) $ 1,594   $ 1,021   $ 1,786 $ 1,001