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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Operating Revenues:    
Utility $ 402,616 $ 386,881
Nonutility 271,684 147,231
Total Operating Revenues 674,300 534,112
Operating Expenses:    
Operations and Maintenance 70,103 71,951
Depreciation 31,812 26,469
Energy and Other Taxes 3,983 3,862
Total Operating Expenses 477,472 368,350
Operating Income 196,828 165,762
Other Income and Expense 2,068 (1,147)
Interest Charges (31,459) (32,536)
Income Before Income Taxes 167,437 132,079
Income Taxes (41,769) (33,370)
Equity in Earnings of Affiliated Companies 3,130 2,391
Income from Continuing Operations 128,798 101,100
Loss from Discontinued Operations - (Net of tax benefit) (71) (59)
Net Income 128,727 101,041
Less: Income Attributable to Noncontrolling Interest 129 0
Net Income Attributable to South Jersey Industries, Inc. $ 128,598 $ 101,041
Basic Earnings Per Common Share:    
Continuing Operations (in dollars per share) $ 1.28 $ 1.09
Discontinued Operations (in dollars per share) 0 0
Net Income (in dollars per share) $ 1.28 $ 1.09
Average Shares of Common Stock Outstanding - Basic (in shares) 100,845 92,445
Diluted Earnings Per Common Share:    
Continuing Operations (in dollars per share) $ 1.26 $ 1.09
Discontinued Operations (in dollars per share) 0 0
Net Income (in dollars per share) $ 1.26 $ 1.09
Average Shares of Common Stock Outstanding - Diluted (in shares) 101,937 92,556
SJG    
Operating Revenues:    
Total Operating Revenues $ 251,399 $ 240,694
Operating Expenses:    
Cost of Sales - (Excluding depreciation and amortization) 74,537 80,534
Operations and Maintenance 37,268 37,194
Depreciation 19,208 16,706
Energy and Other Taxes 1,544 1,615
Total Operating Expenses 132,557 136,049
Operating Income 118,842 104,645
Other Income and Expense 1,615 (1,350)
Interest Charges (9,725) (7,542)
Income Before Income Taxes 110,732 95,753
Income Taxes (27,114) (25,231)
Net Income 83,618 70,522
Net Income Attributable to South Jersey Industries, Inc. 83,618 70,522
Utility    
Operating Expenses:    
Cost of Sales - (Excluding depreciation and amortization) 126,513 135,326
Nonutility    
Operating Expenses:    
Cost of Sales - (Excluding depreciation and amortization) $ 245,061 $ 130,742