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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Utility plant:    
Land $ 8,852 $ 8,579
Depreciable plant and equipment 1,070,016 1,004,689
Construction in progress 18,527 10,103
Intangible assets 14,732 13,538
Property, Plant and Equipment, Gross 1,112,127 1,036,909
Less accumulated depreciation and amortization 355,914 322,102
Public Utilities, Property, Plant and Equipment, Net 756,213 714,807
Real estate investment 89,099 88,943
Less accumulated depreciation and amortization 10,557 8,854
Property, Plant and Equipment, Net 78,542 80,089
Current assets:    
Cash and cash equivalents 26,734 1,730
Accounts receivable:    
Customers, net of allowances for uncollectible accounts 12,541 12,491
Income tax 5,248 7,634
Other 746 993
Accrued unbilled utility revenue 15,318 12,717
Materials and supplies 991 989
Prepaid expenses 1,598 1,473
Other current asset 5,739 0
Assets, Current 68,915 38,027
Other assets:    
Investment in California Water Service Group 7,032 7,177
Debt issuance costs and broker fees, net of accumulated amortization 4,865 4,308
Regulatory assets, net 119,248 87,721
Other 3,995 3,233
Assets, Noncurrent 135,140 102,439
Assets 1,038,810 935,362
Shareholders’ equity:    
Common stock, $0.521 par value; authorized 36,000,000 shares; issued and outstanding 18,592,827 shares in 2011 and 18,551,540 shares in 2010 9,684 9,662
Additional paid-in capital 24,552 23,443
Retained earnings 227,494 219,568
Accumulated other comprehensive income 2,274 2,359
Total shareholders’ equity 264,004 255,032
Long-term debt, less current portion 343,848 295,704
Capitalization, Long-term Debt and Equity 607,852 550,736
Current liabilities:    
Line of credit 0 4,000
Current portion of long-term debt 838 1,133
Accrued groundwater extraction charges and purchased water 5,789 4,359
Purchased power 423 495
Accounts payable 7,417 5,487
Accrued interest 5,376 5,244
Accrued property taxes and other non-income taxes 1,298 1,288
Accrued payroll 2,744 2,720
Other current liabilities 4,403 4,429
Liabilities, Current 28,288 29,155
Deferred income taxes 133,541 106,406
Unamortized investment tax credits 1,495 1,555
Advances for construction 67,333 68,352
Contributions in aid of construction 123,335 121,803
Deferred revenue 1,070 1,100
Postretirement benefit plans 68,855 50,213
Other noncurrent liabilities 7,041 6,042
Commitments and contingencies 0 0
Liabilities and Stockholders' Equity $ 1,038,810 $ 935,362