CONSOLIDATED BALANCE SHEETS (USD $) | Mar. 31, 2015 | Dec. 31, 2014 |
In Thousands, unless otherwise specified |
Property, Plant and Equipment | | |
Regulated utility plant, at cost | $1,506,244 | $1,492,880 |
Non-utility property, at cost | 10,903 | 10,879 |
Utility plant, at cost | 1,517,147 | 1,503,759 |
Less - Accumulated depreciation | -509,584 | -500,239 |
Net property, plant and equipment | 1,007,563 | 1,003,520 |
Other Property and Investments | | |
Goodwill | 1,116 | 1,116 |
Other property and investments | 17,505 | 17,536 |
Total other property and investments | 18,621 | 18,652 |
Current Assets | | |
Cash and cash equivalents | 74,675 | 75,988 |
Accounts receivable - customers, less allowance for doubtful accounts | 16,773 | 18,814 |
Unbilled receivable | 16,925 | 21,422 |
Receivable from the U.S. government | 7,944 | 6,709 |
Other accounts receivable, less allowance for doubtful accounts | 3,307 | 4,843 |
Income taxes receivable | 14,565 | 20,993 |
Materials and supplies, at average cost | 3,904 | 3,588 |
Regulatory assets — current | 12,918 | 12,379 |
Prepayments and other current assets | 5,853 | 2,745 |
Costs and estimated earnings in excess of billings on uncompleted contracts | 25,706 | 34,535 |
Deferred income taxes — current | 6,827 | 7,435 |
Total current assets | 189,397 | 209,451 |
Regulatory and Other Assets | | |
Regulatory assets | 123,265 | 118,829 |
Costs and estimated earnings in excess of billings on uncompleted contracts | 12,141 | 12,228 |
Unbilled receivable | 4,374 | 3,513 |
Other | 12,059 | 12,105 |
Total regulatory and other assets | 151,839 | 146,675 |
Total Assets | 1,367,420 | 1,378,298 |
Capitalization | | |
Common shares, no par value | 251,343 | 253,199 |
Earnings reinvested in the business | 246,022 | 253,602 |
Total common shareholders’ equity | 497,365 | 506,801 |
Long-term debt | 325,722 | 325,798 |
Total capitalization | 823,087 | 832,599 |
Current Liabilities | | |
Long-term debt — current | 299 | 292 |
Accounts payable | 36,952 | 41,855 |
Income taxes payable | 799 | 638 |
Accrued other taxes | 4,675 | 8,602 |
Accrued employee expenses | 12,480 | 10,519 |
Accrued interest | 6,292 | 3,549 |
Unrealized loss on purchased power contracts | 6,176 | 3,339 |
Billings in excess of costs and estimated earnings on uncompleted contracts | 11,350 | 11,736 |
Other | 17,711 | 18,760 |
Total current liabilities | 96,734 | 99,290 |
Other Credits | | |
Advances for construction | 68,298 | 68,328 |
Contributions in aid of construction - net | 116,190 | 116,629 |
Deferred income taxes | 191,358 | 191,209 |
Unamortized investment tax credits | 1,677 | 1,699 |
Accrued pension and other postretirement benefits | 63,339 | 61,773 |
Other | 6,737 | 6,771 |
Total other credits | 447,599 | 446,409 |
Commitments and Contingencies (Note 8) | | |
Total Capitalization and Liabilities | 1,367,420 | 1,378,298 |
GOLDEN STATE WATER COMPANY | | |
Property, Plant and Equipment | | |
Utility plant, at cost | 1,506,244 | 1,492,880 |
Less - Accumulated depreciation | -503,103 | -494,000 |
Net property, plant and equipment | 1,003,141 | 998,880 |
Other Property and Investments | | |
Total other property and investments | 15,367 | 15,395 |
Current Assets | | |
Cash and cash equivalents | 41,973 | 44,005 |
Accounts receivable - customers, less allowance for doubtful accounts | 16,773 | 18,814 |
Unbilled receivable | 16,637 | 17,733 |
Inter-company receivable | 311 | 499 |
Other accounts receivable, less allowance for doubtful accounts | 2,777 | 3,795 |
Income taxes receivable from Parent | 23,682 | 29,580 |
Materials and supplies, at average cost | 3,224 | 2,791 |
Regulatory assets — current | 12,918 | 12,379 |
Prepayments and other current assets | 4,864 | 2,507 |
Deferred income taxes — current | 5,876 | 6,500 |
Total current assets | 129,035 | 138,603 |
Regulatory and Other Assets | | |
Regulatory assets | 123,265 | 118,829 |
Other | 10,637 | 10,667 |
Total regulatory and other assets | 133,902 | 129,496 |
Total Assets | 1,281,445 | 1,282,374 |
Capitalization | | |
Common shares, no par value | 235,714 | 235,607 |
Earnings reinvested in the business | 196,923 | 199,583 |
Total common shareholders’ equity | 432,637 | 435,190 |
Long-term debt | 325,722 | 325,798 |
Total capitalization | 758,359 | 760,988 |
Current Liabilities | | |
Long-term debt — current | 299 | 292 |
Accounts payable | 28,025 | 29,619 |
Accrued other taxes | 4,482 | 8,442 |
Accrued employee expenses | 11,210 | 9,591 |
Accrued interest | 6,336 | 3,593 |
Unrealized loss on purchased power contracts | 6,176 | 3,339 |
Other | 17,420 | 18,659 |
Total current liabilities | 73,948 | 73,535 |
Other Credits | | |
Advances for construction | 68,298 | 68,328 |
Contributions in aid of construction - net | 116,190 | 116,629 |
Deferred income taxes | 193,026 | 192,787 |
Unamortized investment tax credits | 1,677 | 1,699 |
Accrued pension and other postretirement benefits | 63,339 | 61,773 |
Other | 6,608 | 6,635 |
Total other credits | 449,138 | 447,851 |
Commitments and Contingencies (Note 8) | | |
Total Capitalization and Liabilities | $1,281,445 | $1,282,374 |