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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Operating Revenues (See Note 16):    
Utility $ 231,768 $ 195,769
Nonutility 290,177 230,060
Total Operating Revenues 521,945 425,829
Cost of Sales - (Excluding depreciation)    
- Utility 87,117 71,379
- Nonutility 195,951 215,763
Operations (See Note 1) 47,044 38,448
Maintenance 6,862 4,981
Depreciation 24,662 24,323
Energy and Other Taxes 2,439 2,071
Total Operating Expenses 364,075 356,965
Operating Income (See Note 1) 157,870 68,864
Other Income and Expense (See Note 1) 2,761 4,487
Interest Charges (13,972) (16,745)
Income Before Income Taxes 146,659 56,606
Income Taxes (36,415) (21,870)
Equity in Earnings of Affiliated Companies 1,062 3,011
Income from Continuing Operations 111,306 37,747
Loss from Discontinued Operations - (Net of tax benefit) (66) (30)
Net Income $ 111,240 $ 37,717
Basic Earnings Per Common Share:    
Continuing Operations (in dollars per share) $ 1.40 $ 0.47
Discontinued Operations (in dollars per share) 0.00 0.00
Basic Earnings Per Common Share (in dollars per share) $ 1.40 $ 0.47
Average Shares of Common Stock Outstanding - Basic (in shares) 79,595 79,519
Diluted Earnings Per Common Share:    
Continuing Operations (in dollars per share) $ 1.40 $ 0.47
Discontinued Operations (in dollars per share) 0.00 0.00
Diluted Earnings Per Common Share (in dollars per share) $ 1.40 $ 0.47
Average Shares of Common Stock Outstanding - Diluted (in shares) 79,724 79,641
Dividends Declared Per Common Share (in dollars per share) $ 0.28 $ 0.27
South Jersey Gas Company    
Operating Revenues (See Note 16):    
Total Operating Revenues $ 234,459 $ 196,814
Cost of Sales - (Excluding depreciation)    
Cost of Sales (Excluding depreciation) 89,808 72,424
Operations (See Note 1) 29,370 24,175
Maintenance 6,862 4,981
Depreciation 14,363 12,714
Energy and Other Taxes 1,255 1,295
Total Operating Expenses 141,658 115,589
Operating Income (See Note 1) 92,801 81,225
Other Income and Expense (See Note 1) 2,510 1,042
Interest Charges (6,728) (5,878)
Income Before Income Taxes 88,583 76,389
Income Taxes (21,836) (29,911)
Net Income $ 66,747 $ 46,478