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Statements of Consolidated Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Operating Revenues:      
Operating Revenues $ 1,641,338 $ 1,243,068 $ 1,036,500
Operating Expenses:      
Operations (See Note 1) 256,862 169,767 147,056
Impairment Charges 105,280 91,299 0
Maintenance 32,162 19,727 17,549
Depreciation 96,723 100,718 90,389
Energy and Other Taxes 9,537 6,487 6,342
Net Gain on Sale of Assets (15,379) 0 0
Total Operating Expenses 1,540,593 1,234,225 842,323
Operating Income (See Note 1) 100,745 8,843 194,177
Other Income and Expense (See Note 1) 2,404 11,041 5,088
Interest Charges (90,296) (54,019) (31,449)
Income (Loss) Before Income Taxes 12,853 (34,135) 167,816
Income Taxes (561) 24,937 (54,151)
Equity in Earnings of Affiliated Companies 5,611 5,794 5,396
Income (Loss) from Continuing Operations 17,903 (3,404) 119,061
Loss from Discontinued Operations - (Net of tax benefit) (240) (86) (251)
Net Income (Loss) $ 17,663 $ (3,490) $ 118,810
Basic Earnings (Loss) per Common Share:      
Continuing Operations (in USD per share) $ 0.21 $ (0.04) $ 1.56
Discontinued Operations (in USD per share) (0.00) (0.00) (0.00)
Basic Earnings (Loss) per Common Share (in USD per share) $ 0.21 $ (0.04) $ 1.56
Average Shares of Common Stock Outstanding - Basic (in shares) 83,693 79,541 76,362
Diluted Earnings (Loss) per Common Share:      
Continuing Operations (in USD per share) $ 0.21 $ (0.04) $ 1.56
Discontinued Operations (in USD per share) (0.00) (0.00) (0.00)
Diluted Earnings (Loss) per Common Share (in USD per share) $ 0.21 $ (0.04) $ 1.56
Average Shares of Common Stock Outstanding - Diluted (in shares) 84,471 79,541 76,475
South Jersey Gas Company      
Operating Revenues:      
Operating Revenues $ 548,000 $ 517,254 $ 461,055
Operating Expenses:      
Cost of Sales - (Excluding depreciation and amortization) 209,649 204,432 174,390
Operations (See Note 1) 112,920 96,604 93,012
Maintenance 28,742 19,727 17,549
Depreciation 59,755 53,887 47,432
Energy and Other Taxes 4,246 3,729 3,620
Total Operating Expenses 415,312 378,379 336,003
Operating Income (See Note 1) 132,688 138,875 125,052
Other Income and Expense (See Note 1) 4,685 4,087 1,234
Interest Charges (28,011) (24,705) (17,875)
Income (Loss) Before Income Taxes 109,362 118,257 108,411
Income Taxes (26,413) (45,700) (39,366)
Net Income (Loss) 82,949 72,557 69,045
Utility      
Operating Revenues:      
Operating Revenues 670,715 512,482 453,819
Operating Expenses:      
Cost of Sales - (Excluding depreciation and amortization) 258,781 199,660 167,154
Nonutility      
Operating Revenues:      
Operating Revenues 970,623 730,586 582,681
Operating Expenses:      
Cost of Sales - (Excluding depreciation and amortization) $ 796,627 $ 646,567 $ 413,833