XML 55 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Utility plant:    
Land $ 10,418 $ 10,156
Depreciable plant and equipment 1,254,586 1,166,220
Construction in progress 30,846 24,298
Intangible assets 18,341 15,561
Property, Plant and Equipment, Gross 1,314,191 1,216,235
Less accumulated depreciation and amortization 415,453 384,675
Public Utilities, Property, Plant and Equipment, Net 898,738 831,560
Real estate investment 78,477 74,232
Less accumulated depreciation and amortization 10,658 9,045
Property, Plant and Equipment, Net 67,819 65,187
Current assets:    
Cash and cash equivalents 2,299 2,522
Accounts receivable:    
Customers, net of allowances for uncollectible accounts of $170 and $225 in 2013 and 2012, respectively 14,496 12,317
Income tax 1,661 489
Other 476 854
Accrued unbilled utility revenue 17,556 16,284
Long-lived assets held-for-sale 0 7,768
Materials and supplies 1,045 1,088
Prepaid expenses 2,119 1,589
Assets, Current 39,652 42,911
Other assets:    
Investment in California Water Service Group 8,885 7,067
Unamortized debt issuance, broker and reacquisition costs 5,176 5,226
Regulatory assets, net 83,543 130,488
Other 6,173 5,060
Assets, Noncurrent 103,777 147,841
Assets 1,109,986 1,087,499
Shareholders' equity:    
Common stock, $0.521 par value; authorized 36,000,000 shares; issued and outstanding 20,169,211 shares in 2013 and 18,670,566 shares in 2012 10,505 9,724
Additional paid-in capital 63,017 26,117
Retained earnings 244,266 236,453
Accumulated other comprehensive income 3,387 2,310
Total shareholders' equity 321,175 274,604
Long-term debt, less current portion 334,997 335,598
Capitalization, Long-term Debt and Equity 656,172 610,202
Current liabilities:    
Line of credit 22,400 15,300
Current portion of long-term debt 554 5,392
Accrued groundwater extraction charges and purchased water 7,116 4,755
Purchased power 665 317
Accounts payable 12,587 8,481
Accrued interest 5,369 5,355
Accrued property taxes and other non-income taxes 1,618 1,465
Accrued payroll 3,198 3,069
Other current liabilities 5,688 4,973
Liabilities, Current 59,195 49,107
Deferred income taxes 140,736 147,579
Unamortized investment tax credits 1,375 1,434
Advances for construction 70,043 68,277
Contributions in aid of construction 132,260 128,466
Deferred revenue 1,213 1,137
Postretirement benefit plans 43,496 73,425
Other noncurrent liabilities 5,496 7,872
Commitments and contingencies 0 0
Liabilities and Equity $ 1,109,986 $ 1,087,499