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Statements of Consolidated Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Operating Revenues:      
Utility $ 512,482 $ 453,819 $ 528,763
Nonutility 730,586 582,681 430,805
Total Operating Revenues 1,243,068 1,036,500 959,568
Cost of Sales - (Excluding depreciation)      
- Utility 199,660 167,154 239,763
- Nonutility 646,567 413,833 319,579
Operations 174,200 151,957 148,672
Impairment Charges 91,299 0 0
Maintenance 19,727 17,549 16,183
Depreciation 100,718 90,389 72,451
Energy and Other Taxes 6,487 6,342 6,026
Total Operating Expenses 1,238,658 847,224 802,674
Operating Income 4,410 189,276 156,894
Other Income and Expense 15,474 9,989 9,510
Interest Charges (54,019) (31,449) (31,622)
(Loss) Income Before Income Taxes (34,135) 167,816 134,782
Income Taxes 24,937 (54,151) (1,360)
Equity in Earnings (Losses) of Affiliated Companies 5,794 5,396 (27,812)
(Loss) Income from Continuing Operations (3,404) 119,061 105,610
Loss from Discontinued Operations - (Net of tax benefit) (86) (251) (503)
Net Income (Loss) $ (3,490) $ 118,810 $ 105,107
Basic (Loss) Earnings per Common Share:      
Continuing Operations (in USD per share) $ (0.04) $ 1.56 $ 1.54
Discontinued Operations (in USD per share) (0.00) (0.00) (0.01)
Basic (Loss) Earnings per Common Share (in USD per share) $ (0.04) $ 1.56 $ 1.53
Average Shares of Common Stock Outstanding - Basic (in shares) 79,541 76,362 68,735
Diluted (Loss) Earnings per Common Share:      
Continuing Operations (in USD per share) $ (0.04) $ 1.56 $ 1.53
Discontinued Operations (in USD per share) (0.00) (0.00) (0.01)
Diluted (Loss) Earnings per Common Share (in USD per share) $ (0.04) $ 1.56 $ 1.52
Average Shares of Common Stock Outstanding - Diluted (in shares) 79,541 76,475 68,931
South Jersey Gas Company      
Operating Revenues:      
Total Operating Revenues $ 517,254 $ 461,055 $ 534,290
Cost of Sales - (Excluding depreciation)      
Cost of Sales - (Excluding depreciation) 204,432 174,390 245,290
Operations 98,992 95,609 107,836
Maintenance 19,727 17,549 16,183
Depreciation 53,887 47,432 41,365
Energy and Other Taxes 3,729 3,620 4,031
Total Operating Expenses 380,767 338,600 414,705
Operating Income 136,487 122,455 119,585
Other Income and Expense 6,475 3,831 3,844
Interest Charges (24,705) (17,875) (19,906)
(Loss) Income Before Income Taxes 118,257 108,411 103,523
Income Taxes (45,700) (39,366) (36,945)
Net Income (Loss) $ 72,557 $ 69,045 $ 66,578