XML 71 R24.htm IDEA: XBRL DOCUMENT v2.3.0.15
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)
12 Months Ended
Sep. 30, 2011
Quarterly Financial Information Disclosure [Abstract] 
Quarterly Financial Information [Text Block]
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

A summary of financial data for each quarter of fiscal 2011 and 2010 follows. Due to the seasonal nature of the Company's businesses, quarterly amounts vary significantly during the fiscal year. In the opinion of management, the information furnished reflects all adjustments necessary for a fair presentation of the results of the interim periods.
 
First
Second
Third
Fourth
(Thousands, except per share data)
Quarter
Quarter
Quarter
Quarter
2011
 
 
 
 
Operating revenues
$
713,152

$
976,987

$
648,169

$
670,901

Gross margin(1)
$
82,659

$
136,572

$
71,237

$
36,520

Operating income (loss)
$
40,263

$
93,202

$
27,182

$
(17,646
)
Net income (loss)
$
24,509

$
63,927

$
20,374

$
(7,511
)
Earnings (loss) per share




Basic
$
0.59

$
1.55

$
0.49

$
(0.18
)
Diluted
$
0.59

$
1.54

$
0.49

$
(0.18
)
2010




Operating revenues
$
609,546

$
918,346

$
479,894

$
631,518

Gross margin(1)
$
75,308

$
104,635

$
45,547

$
131,120

Operating income (loss)
$
85,385

$
122,012

$
(18,786
)
$
(486
)
Net income (loss)
$
51,902

$
74,217

$
(10,177
)
$
1,515

Earnings (loss) per share




Basic
$
1.25

$
1.79

$
(0.25
)
$
0.04

Diluted
$
1.24

$
1.78

$
(0.25
)
$
0.04

(1)
Gross margin consists of operating revenue less cost of goods sold and other direct expenses at NJR's unregulated subsidiaries and utility gross margin at NJNG, which includes natural gas revenues less natural gas purchases, sales tax, a TEFA and regulatory rider expenses.

The sum of quarterly amounts may not equal the annual amounts due to rounding.