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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Operating Revenues:    
Utility $ 475,956 $ 606,677
Nonutility 147,231 222,952
Total Operating Revenues 534,112 637,298
Operating Expenses:    
Operations 62,356 62,826
Maintenance 9,595 9,630
Depreciation 26,469 23,685
Energy and Other Taxes 3,862 4,217
Total Operating Expenses 368,350 502,745
Operating Income 165,762 134,553
Other (Expense) Income (1,147) 2,575
Interest Charges (32,536) (28,653)
Income Before Income Taxes 132,079 108,475
Income Taxes (33,370) (24,949)
Equity in Earnings of Affiliated Companies 2,391 2,173
Income from Continuing Operations 101,100 85,699
Loss from Discontinued Operations - (Net of tax benefit) (59) (62)
Net Income $ 101,041 $ 85,637
Basic Earnings Per Common Share:    
Basic Earnings Per Common Share, Continuing Operations (in dollars per share) $ 1.09 $ 0.94
Basic Earnings Per Common Share, Discontinued Operations (in dollars per share) 0 0
Basic Earnings Per Common Share (in dollars per share) $ 1.09 $ 0.94
Average Shares of Common Stock Outstanding, Basic (in shares) 92,445 91,332
Diluted Earnings Per Common Share:    
Diluted Earnings Per Common Share, Continuing Operations (in dollars per share) $ 1.09 $ 0.94
Diluted Earnings Per Common Share, Continuing Operations (in dollars per share) 0 0
Diluted Earnings Per Common Share (in dollars per common share) $ 1.09 $ 0.94
Average Shares of Common Stock Outstanding, Diluted (in shares) 92,556 91,432
SJG    
Operating Revenues:    
Utility $ 187,800 $ 233,000
Total Operating Revenues   272,198
Operating Expenses:    
Cost of Sales - (Excluding depreciation and amortization) 80,534 118,880
Operations 28,623 29,097
Maintenance 8,571 8,143
Depreciation 16,706 15,744
Energy and Other Taxes 1,615 1,989
Total Operating Expenses 136,049 173,853
Operating Income 104,645 98,345
Other (Expense) Income (1,350) 1,931
Interest Charges (7,542) (7,848)
Income Before Income Taxes 95,753 92,428
Income Taxes (25,231) (23,697)
Net Income 70,522 68,731
Utility    
Operating Revenues:    
Utility 386,881 414,346
Energy Commodities and Service    
Operating Expenses:    
Cost of Sales - (Excluding depreciation and amortization) 135,326 188,449
Nonutility Operations    
Operating Expenses:    
Cost of Sales - (Excluding depreciation and amortization) $ 130,742 $ 213,938