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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
ASSETS    
Utility plant, at original cost (less accumulated depreciation - 2019 - $136,588,; 2018 - $126,114) $ 530,721 $ 498,678
Current assets    
Cash and cash equivalents 596 293
Accounts receivable (less allowance for doubtful accounts 2019 - $264; 2018-$232) 6,913 8,159
Income tax receivable 19 772
Unbilled operating revenues 1,211 1,441
Materials and supplies 1,264 1,459
Prepaid property taxes 1,954 1,870
Prepaid expenses and other 2,250 2,124
Total current assets 14,207 16,118
Other assets    
Non-utility property (less accumulated depreciation - 2019- $790; 2018 - $734) 3,812 3,849
Other deferred assets 4,257 3,931
Operating lease right of use asset 480 0
Total other assets 8,549 7,780
Regulatory assets, net 6,891 7,254
Total assets 560,368 529,830
Stockholders' equity    
Common stock 9,292 9,250
Preferred stock 0 0
Additional paid-in capital 101,811 100,639
Retained earnings 49,165 43,362
Total stockholders' equity 160,268 153,251
Long-term debt, net of current portion 144,156 115,862
Total stockholders' equity and long-term debt 304,424 269,113
Current liabilities    
Lines of credit 7,500 15,942
Current portion of long-term debt 1,706 1,725
Accounts payable 8,176 8,187
Accrued expenses 3,113 3,902
Overdraft payable 15 117
Accrued interest 830 784
Income taxes payable 343 0
Customer and other deposits 1,970 1,850
Revenue reserve for refund 0 3,298
OtherLiabilitiesCurrent 1,946 1,926
Total current liabilities 25,599 37,731
Commitments and contingencies (Note 12)
Deferred credits and other liabilities    
Net advances for construction 5,421 6,596
OperatingLeaseLiabilityNoncurrent 450 0
Regulatory liabilities 22,246 22,813
Deferred investment tax credits 490 508
Deferred income taxes 52,259 55,054
Total deferred credits and other liabilities 80,866 84,971
Net contributions in aid of construction 149,479 138,015
Total Liabilities and Stockholders' Equity $ 560,368 $ 529,830