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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income $ 12,954 $ 11,305 $ 9,506
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 9,188 8,837 8,673
Deferred income taxes, net 5,464 5,097 7,255
Stock compensation 92 183 135
AFUDC, equity portion (146) (163) (212)
Changes in assets and liabilities:      
Accounts receivable, net of allowance for doubtful accounts (292) (867) 147
Income taxes receivable 1,278 1,640 (2,613)
Unbilled operating revenues 132 1,779 (305)
Materials and supplies 149 177 (405)
Prepaid property taxes (78) (190) 90
Prepaid expenses and other (209) 49 (390)
Other deferred assets (175) (167) (172)
Regulatory assets 734 187 (187)
Accounts payable 618 1,131 (357)
Accrued expenses 55 (259) (2,197)
Accrued interest (32) (396) 374
Customer deposits and other, net 128 102 (832)
Postretirement benefit obligation (81) (38) (41)
NET CASH PROVIDED BY OPERATING ACTIVITIES 29,779 28,407 18,469
CASH FLOWS FROM INVESTING ACTIVITIES      
Capital expenditures (net of AFUDC, equity portion) (28,251) (20,694) (23,730)
Proceeds from sale of assets 96 48 35
NET CASH USED IN INVESTING ACTIVITIES (28,155) (20,646) (23,695)
CASH FLOWS FROM FINANCING ACTIVITIES      
Net (repayments) borrowings under lines of credit agreements (3,357) (8,004) 8,159
Increase in overdraft payable (514) 405 (605)
Net advances and contributions in aid of construction 9,907 5,829 3,808
Net proceeds from issuance of common stock 1,826 3,049 1,651
Dividends paid (8,180) (7,811) (7,523)
Issuance of long-term debt 0 0 689
Principal repayments of long-term debt (1,289) (1,263) (1,132)
NET CASH USED IN FINANCING ACTIVITIES (1,607) (7,795) 5,047
NET (DECREASE) IN CASH AND CASH EQUIVALENTS 17 (34) (179)
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 209 243 422
CASH AND CASH EQUIVALENTS AT END OF YEAR 226 209 243
Supplemental Disclosures of Cash Flow Information:      
Utility plant received as construction advances and contributions 2,499 1,451 1,491
Contractual amounts of contributions in aid of construction due from developers included in accounts receivable 1,542 796 456
Contractual amounts of contributions in aid of construction received from developers previously included in accounts receivable 388 377 361
Supplemental Disclosures of Cash Flow Information:      
Interest paid 6,676 7,394 7,019
Income taxes paid $ 1,434 $ 2,608 $ 1,615