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Quarterly Financial Data (Unaudited)
 12 Months Ended
Dec. 31, 2012
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data (Unaudited)
Quarterly Financial Data (Unaudited)
(Summarized quarterly results of SJI's operations, in thousands except for per share amounts)

 
 
2012 Quarter Ended
 
2011 Quarter Ended
 
 
March 31
 
June 30
 
Sept. 30
 
Dec. 31
 
March 31
 
June 30
 
Sept. 30
 
Dec. 31
Operating Revenues
 
$
274,832

 
$
121,913

 
$
111,977

 
$
197,558

 
$
331,922

 
$
160,477

 
$
137,621

 
$
198,540

Expenses:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Cost of Sales - (Excluding depreciation)
 
156,868

 
69,519

 
70,549

 
120,866

 
216,220

 
109,358

 
106,655

 
112,759

Operations and Maintenance Including Fixed Charges
 
46,071

 
45,467

 
45,970

 
50,072

 
43,336

 
42,793

 
42,681

 
45,040

Income Taxes
 
15,884

 
(1,072
)
 
(2,576
)
 
(757
)
 
22,510

 
3,004

 
(6,034
)
 
3,022

Energy and Other Taxes
 
3,878

 
1,865

 
1,494

 
2,749

 
5,300

 
2,121

 
1,673

 
3,095

Total Expenses
 
222,701

 
115,779

 
115,437

 
172,930

 
287,366

 
157,276

 
144,975

 
163,916

 
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Other Income and Expense
 
2,080

 
4,698

 
5,624

 
941

 
7,275

 
3,044

 
2,151

 
2,362

 
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Income (Loss) from Continuing Operations
 
54,211

 
10,832

 
2,164

 
25,569

 
51,831

 
6,245

 
(5,203
)
 
36,986

(Loss) Income from Discontinued Operations  -  (Net of tax benefit or expense)
 
(136
)
 
(498
)
 
(151
)
 
(383
)
 
(383
)
 
(166
)
 
65

 
(84
)
Net Income (Loss)
 
$
54,075

 
$
10,334

 
$
2,013

 
$
25,186

 
$
51,448

 
$
6,079

 
$
(5,138
)
 
$
36,902

 
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Basic Earnings Per Common Share:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Continuing Operations
 
$
1.79

 
$
0.36

 
$
0.07

 
$
0.81

 
$
1.73

 
$
0.21

 
$
(0.17
)
 
$
1.23

Discontinued Operations
 
—

 
(0.02
)
 
(0.01
)
 
(0.01
)
 
(0.01)

 
(0.01
)
 
—

 
—

Basic Earnings Per Common Share
 
$
1.79

 
$
0.34

 
$
0.07

 
$
0.80

 
$
1.72

 
$
0.20

 
$
(0.17
)
 
$
1.23

Average Shares of Common Stock Outstanding - Basic
 
30,249

 
30,393

 
30,861

 
31,465

 
29,899

 
29,953

 
30,029

 
30,117

 
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Diluted Earnings Per Common Share:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Continuing Operations
 
$
1.79

 
$
0.36

 
$
0.07

 
$
0.81

 
$
1.73

 
$
0.21

 
$
(0.17
)
 
$
1.22

Discontinued Operations
 
(0.01
)
 
(0.02
)
 
(0.01
)
 
(0.01
)
 
(0.01
)
 
(0.01
)
 
—

 
—

Diluted Earnings Per Common Share
 
$
1.78

 
$
0.34

 
$
0.07

 
$
0.80

 
$
1.72

 
$
0.20

 
$
(0.17
)
 
$
1.22

Average Shares of Common Stock Outstanding - Diluted
 
30,323

 
30,472

 
30,945

 
31,547

 
29,991

 
30,037

 
30,105

 
30,209

 
The sum of the quarters for 2012 and 2011 do not equal the year's total due to rounding.
 
NOTE:
Because of the seasonal nature of the business and the volatility from energy related derivatives, statements for the 3-month periods are not indicative of the results for a full year.