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CONDENSED CONSOLIDATED STATEMENTS OF (LOSS)/INCOME (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Operating Revenues:        
Utility $ 106,123 $ 103,383 $ 653,009 $ 636,110
Nonutility 259,508 158,166 698,750 419,515
Total Operating Revenues 365,631 261,549 1,351,759 1,055,625
Operating Expenses:        
Operations and Maintenance 61,198 63,307 194,182 197,311
Depreciation 33,081 27,977 97,924 81,877
Energy and Other Taxes (8,040) 2,730 (1,245) 9,228
Total Operating Expenses 374,604 270,043 1,152,295 878,166
Operating (Loss) Income (8,973) (8,494) 199,464 177,459
Other Income and Expense 2,225 5,143 7,885 7,621
Interest Charges (31,468) (27,762) (94,112) (88,887)
(Loss) Income Before Income Taxes (38,216) (31,113) 113,237 96,193
Income Taxes 11,727 19,467 (25,340) (13,725)
Equity in Earnings (Loss) of Affiliated Companies 659 1,302 (81,589) 5,710
(Loss) Income from Continuing Operations (25,830) (10,344) 6,308 88,178
Loss from Discontinued Operations - (Net of tax benefit) (127) (58) (278) (178)
Net (Loss) Income (25,957) (10,402) 6,030 88,000
Less: Income Attributable to Noncontrolling Interest 173 0 390 0
Net (Loss) Income Attributable to South Jersey Industries, Inc. $ (26,130) $ (10,402) $ 5,640 $ 88,000
Basic (Loss) Earnings Per Common Share:        
Continuing operations (in dollars per share) $ (0.23) $ (0.10) $ 0.06 $ 0.92
Discontinued operations (in dollars per share) 0 0 0 0
Net income (loss) (in dollars per share) (0.23) (0.10) 0.06 0.92
Income attributable to noncontrolling interest (in dollars per share) $ 0 $ 0 $ 0 $ 0
Average shares of common stock outstanding - basic (in shares) 112,448 100,587 108,108 95,599
Diluted (Loss) Earnings Per Common Share:        
Continuing Operations (in dollars per share) $ (0.23) $ (0.10) $ 0.06 $ 0.92
Discontinued Operations (in dollars per share) 0 0 0 0
Net Income (in dollars per share) (0.23) (0.10) 0.06 0.92
Income attributable to noncontrolling interest (in dollars per share) $ 0 $ 0 $ 0 $ 0
Average Shares of Common Stock Outstanding - Diluted (in shares) 112,448 100,587 109,589 95,724
SJG        
Operating Revenues:        
Total Operating Revenues $ 69,958 $ 66,190 $ 412,572 $ 394,066
Operating Expenses:        
Cost of Sales - (Excluding depreciation and amortization) 16,630 20,575 109,878 126,655
Operations and Maintenance 33,922 33,162 105,729 104,197
Depreciation 20,222 17,339 59,787 51,038
Energy and Other Taxes 1,145 1,194 3,828 3,879
Total Operating Expenses 71,919 72,270 279,222 285,769
Operating (Loss) Income (1,961) (6,080) 133,350 108,297
Other Income and Expense 1,245 1,515 4,346 3,349
Interest Charges (9,444) (8,271) (28,782) (23,832)
(Loss) Income Before Income Taxes (10,160) (12,836) 108,914 87,814
Income Taxes 2,460 3,293 (26,683) (23,157)
Net (Loss) Income (7,700) (9,543) 82,231 64,657
Net (Loss) Income Attributable to South Jersey Industries, Inc. (7,700) (9,543)    
Utility        
Operating Expenses:        
Cost of Sales - (Excluding depreciation and amortization) 24,128 29,277 183,927 210,167
Nonutility        
Operating Expenses:        
Cost of Sales - (Excluding depreciation and amortization) $ 264,237 $ 146,752 $ 677,507 $ 379,583