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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
OPERATING ACTIVITIES:    
Net income $ 16,394 $ 14,276
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 26,035 24,521
Deferred income taxes 8,732 11,421
Share-based compensation 451 513
Gain on sale of real estate investment (910) 0
Loss on sale of utility property 0 23
Changes in operating assets and liabilities:    
Accounts receivable and accrued unbilled utility revenue (14,368) (12,756)
Accounts payable, purchased power and other current liabilities 1,032 28
Accrued groundwater extraction charges and purchased water 4,274 4,559
Tax receivable and accrued taxes 6,899 4,809
Accrued interest 158 196
Accrued payroll 622 650
Other current asset 4,183 0
Postretirement benefits 3,853 2,421
Other changes, net 13 (1,644)
NET CASH PROVIDED BY OPERATING ACTIVITIES 57,368 49,017
INVESTING ACTIVITIES:    
Company-funded (67,731) (43,346)
Contributions in aid of construction (4,211) (5,281)
Additions to real estate investments (50) (165)
Payments for business/asset acquisition and water rights (1,971) (2,065)
Cost to retire utility plant, net of salvage (766) (1,702)
Proceeds from sale of real estate investment 5,517 0
Proceeds from sale of utility property 0 43
NET CASH USED IN INVESTING ACTIVITIES (69,212) (52,516)
FINANCING ACTIVITIES:    
Borrowings from line of credit 0 17,600
Repayments of line of credit 0 (16,100)
Long-term borrowings 0 50,000
Repayments of long-term borrowings (3,497) (925)
Debt issuance costs (33) (87)
Dividends paid (9,920) (9,616)
Exercise of stock options and similar instruments 731 547
Tax benefits realized from share options exercised 43 7
Receipts of advances and contributions in aid of construction 6,111 5,043
Refunds of advances for construction (1,641) (1,631)
NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES (8,206) 44,838
NET CHANGE IN CASH AND CASH EQUIVALENTS (20,050) 41,339
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 26,734 1,730
CASH AND CASH EQUIVALENTS, END OF PERIOD 6,684 43,069
Cash paid (received) during the period for:    
Interest 15,757 14,812
Income taxes (3,406) (5,269)
Supplemental disclosure of non-cash activities:    
Increase in accrued payables for construction costs capitalized 9,815 1,518
Utility property installed by developers $ 214 $ 0