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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
ASSETS    
Utility plant, at original cost (less accumulated depreciation 2019 - $128,920; 2018 - $126,114) $ 504,801 $ 498,678
Current assets    
Cash and cash equivalents 265 293
Accounts receivable (less allowance for doubtful accounts 2019 - $222; 2018 - $232) 6,975 8,159
Income tax receivable 9 772
Unbilled operating revenues 1,510 1,441
Materials and supplies 1,564 1,459
Prepaid property taxes 929 1,870
Prepaid expenses and other 1,982 2,124
Total current assets 13,234 16,118
Other assets    
Non utility property (less accumulated depreciation 2019-$726; 2018-$689) 3,831 3,849
Other deferred assets 4,283 3,931
Operating lease ROU asset 499 0
Total other assets 8,613 7,780
Regulatory assets, net 7,142 7,254
Total Assets 533,790 529,830
Stockholders' equity    
Common stock 9,268 9,250
Preferred stock 0 0
Additional paid-in capital 101,063 100,639
Retained earnings 44,711 43,362
Total stockholders' equity 155,042 153,251
Long-term debt, net of current portion 115,352 115,862
Total stockholders' equity and long term debt 270,394 269,113
Current liabilities    
Lines of credit 18,611 15,942
Current portion of long-term debt 1,827 1,725
Accounts payable 4,863 8,187
Accrued expenses 4,427 3,902
Overdraft payable 369 117
Accrued interest 1,349 784
Income tax payable 1,292 0
Customer deposits 1,057 1,044
Revenue reserved for refund 3,772 3,298
Other 2,924 2,732
Total current liabilities 40,491 37,731
Commitments and contingencies
Deferred credits and other liabilities    
Net advances for construction 6,330 6,596
Operating lease liabilities 468 0
Regulatory liabilities 22,719 22,813
Deferred investment tax credits 504 508
Deferred income taxes 54,290 55,054
Total deferred credits and other liabilities 84,311 84,971
Net contributions in aid of construction 138,594 138,015
Total Liabilities and Stockholders' equity $ 533,790 $ 529,830