2021 Q3 Form 10-Q Financial Statement

#000035630921000054 Filed on August 05, 2021

View on sec.gov

Income Statement

Concept 2021 Q3 2021 Q2 2020 Q2
Revenue $532.5M $367.6M $299.0M
YoY Change 33.12% 22.95% -31.26%
Cost Of Revenue $395.1M $279.9M $213.9M
YoY Change 58.95% 30.88% -26.18%
Gross Profit $137.4M $87.65M $85.10M
YoY Change -9.25% 2.99% -41.39%
Gross Profit Margin 25.8% 23.84% 28.46%
Selling, General & Admin $6.684M $8.211M $7.100M
YoY Change 17.26% 15.65% 73.17%
% of Gross Profit 4.87% 9.37% 8.34%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $29.41M $27.77M $27.87M
YoY Change -2.29% -0.38% 20.4%
% of Gross Profit 21.41% 31.68% 32.75%
Operating Expenses $134.3M $115.1M $105.3M
YoY Change 20.31% 9.31% -76.01%
Operating Profit $3.118M -$27.46M -$16.85M
YoY Change -92.69% 62.97% 1127.92%
Interest Expense -$19.88M $18.74M $15.14M
YoY Change 15.56% 23.77% 30.01%
% of Operating Profit -637.46%
Other Income/Expense, Net $10.66M $4.817M $2.713M
YoY Change -21.65% 77.55% 48.33%
Pretax Income -$6.102M -$41.38M -$29.28M
YoY Change -116.81% 41.35% 111.58%
Income Tax -$4.427M -$18.79M -$6.767M
% Of Pretax Income
Net Earnings -$1.133M -$111.8M -$19.30M
YoY Change -103.46% 479.5% 47.54%
Net Earnings / Revenue -0.21% -30.42% -6.45%
Basic Earnings Per Share -$1.16 -$0.20
Diluted Earnings Per Share -$11.78K -$1.16 -$0.20
COMMON SHARES
Basic Shares Outstanding 96.43M shares 96.35M shares 95.76M shares
Diluted Shares Outstanding 96.35M shares 95.76M shares

Balance Sheet

Concept 2021 Q3 2021 Q2 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.749M $4.719M $42.80M
YoY Change -95.94% -88.97% 62.74%
Cash & Equivalents $4.749M $4.719M $42.82M
Short-Term Investments
Other Short-Term Assets $20.24M $19.55M $24.27M
YoY Change -3.78% -19.45% -20.72%
Inventory $213.2M $145.3M $142.1M
Prepaid Expenses
Receivables $188.2M $183.9M $136.1M
Other Receivables $14.20M $14.30M $13.00M
Total Short-Term Assets $634.3M $518.3M $521.1M
YoY Change 1.92% -0.54% 2.18%
LONG-TERM ASSETS
Property, Plant & Equipment $4.387B $4.173B $4.006B
YoY Change 13.83% 4.18% 38.06%
Goodwill
YoY Change
Intangibles $5.029M $5.767M $11.01M
YoY Change -50.01% -47.6% -27.88%
Long-Term Investments $114.5M $117.0M $205.8M
YoY Change -45.04% -43.14% 4.12%
Other Assets $49.92M $48.54M $81.09M
YoY Change -41.72% -40.14% -15.39%
Total Long-Term Assets $5.088B $4.890B $4.761B
YoY Change 8.39% 2.72% 568.68%
TOTAL ASSETS
Total Short-Term Assets $634.3M $518.3M $521.1M
Total Long-Term Assets $5.088B $4.890B $4.761B
Total Assets $5.722B $5.409B $5.282B
YoY Change 7.63% 2.4% 28.1%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $223.5M $161.9M $110.0M
YoY Change 57.95% 47.18% 13.54%
Accrued Expenses $4.300M $4.588M $4.500M
YoY Change -35.82% 1.96%
Deferred Revenue $1.745M
YoY Change
Short-Term Debt $377.3M $176.3M $553.1M
YoY Change 201.0% -68.13% 457.01%
Long-Term Debt Due $72.84M $23.03M $26.00M
YoY Change 167.79% -11.42% -79.13%
Total Short-Term Liabilities $1.051B $613.6M $902.3M
YoY Change 97.0% -31.99% 55.02%
LONG-TERM LIABILITIES
Long-Term Debt $2.162B $2.222B $1.665B
YoY Change -4.31% 33.47% 37.36%
Other Long-Term Liabilities $11.96M $12.29M $8.572M
YoY Change 13.04% 43.39% 21.24%
Total Long-Term Liabilities $877.8M $891.3M $876.4M
YoY Change -0.18% 1.7% 15.72%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.051B $613.6M $902.3M
Total Long-Term Liabilities $877.8M $891.3M $876.4M
Total Liabilities $1.929B $1.505B $1.779B
YoY Change 36.52% -15.39% 32.79%
SHAREHOLDERS EQUITY
Retained Earnings $934.6M $970.5M $1.137B
YoY Change -1.36% -14.64% 4.69%
Common Stock $743.2M $739.3M $732.6M
YoY Change 1.5% 0.91% 41.69%
Preferred Stock
YoY Change
Treasury Stock (at cost) $12.45M -$4.012M
YoY Change -246.71% -125.67%
Treasury Stock Shares 762.3K shares 16.31K shares 260.5K shares
Shareholders Equity $1.631B $1.682B $1.612B
YoY Change
Total Liabilities & Shareholders Equity $5.722B $5.409B $5.282B
YoY Change 7.63% 2.4% 28.1%

Cashflow Statement

Concept 2021 Q3 2021 Q2 2020 Q2
OPERATING ACTIVITIES
Net Income -$1.133M -$111.8M -$19.30M
YoY Change -103.46% 479.5% 47.54%
Depreciation, Depletion And Amortization $29.41M $27.77M $27.87M
YoY Change -2.29% -0.38% 20.4%
Cash From Operating Activities $49.16M -$14.50M $3.700M
YoY Change 60.12% -492.0% -161.67%
INVESTING ACTIVITIES
Capital Expenditures -$182.3M -$170.1M -$133.0M
YoY Change 73.29% 27.89% 1.14%
Acquisitions
YoY Change
Other Investing Activities -$9.944M -$14.28M -$6.800M
YoY Change -552.0% 109.99% -57.5%
Cash From Investing Activities -$192.2M -$184.4M -$139.9M
YoY Change 86.65% 31.79% -5.15%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 143.1M 145.9M 153.1M
YoY Change -2.31% -4.73% 58.32%
NET CHANGE
Cash From Operating Activities 49.16M -14.50M 3.700M
Cash From Investing Activities -192.2M -184.4M -139.9M
Cash From Financing Activities 143.1M 145.9M 153.1M
Net Change In Cash 33.00K -53.01M 16.90M
YoY Change -99.96% -413.69% -129.75%
FREE CASH FLOW
Cash From Operating Activities $49.16M -$14.50M $3.700M
Capital Expenditures -$182.3M -$170.1M -$133.0M
Free Cash Flow $231.5M $155.6M $136.7M
YoY Change 70.32% 13.82% 8.92%

Facts In Submission

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CY2021Q2 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
3980000 USD
CY2021Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.3325
CY2021Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
32040000 USD
CY2021Q2 njr Stockholders Equity Treasury Stock Activity And Other
StockholdersEquityTreasuryStockActivityAndOther
-1424000 USD
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
1682066000 USD
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
1345615000 USD
CY2019Q4 us-gaap Net Income Loss
NetIncomeLoss
75752000 USD
CY2019Q4 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
759000 USD
CY2019Q4 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
212900000 USD
CY2019Q4 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
3292000 USD
CY2019Q4 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
3499000 USD
CY2019Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.3125
CY2019Q4 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
29846000 USD
CY2019Q4 njr Stockholders Equity Treasury Stock Activity And Other
StockholdersEquityTreasuryStockActivityAndOther
3879000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
1608092000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
73846000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-3611000 USD
CY2020Q1 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
5205000 USD
CY2020Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.3125
CY2020Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
29888000 USD
CY2020Q1 njr Stockholders Equity Treasury Stock Activity And Other
StockholdersEquityTreasuryStockActivityAndOther
-1093000 USD
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
1654737000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-19298000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
37000 USD
CY2020Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
119000 USD
CY2020Q2 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
5723000 USD
CY2020Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.3125
CY2020Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
29948000 USD
CY2020Q2 njr Stockholders Equity Treasury Stock Activity And Other
StockholdersEquityTreasuryStockActivityAndOther
-1108000 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
1612478000 USD
us-gaap Nature Of Operations
NatureOfOperations
<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1. NATURE OF THE BUSINESS</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">NJR provides regulated natural gas distribution services, transportation and storage services and operates certain unregulated businesses primarily through the following:</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">NJNG provides natural gas utility service to approximately 562,700 customers throughout Burlington, Middlesex, Monmouth, Morris and Ocean counties in New Jersey and is subject to rate regulation by the BPU. NJNG comprises the Natural Gas Distribution segment.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">NJRCEV, the Company's clean energy subsidiary, comprises the Clean Energy Ventures segment and consists of the Company's capital investments in commercial and residential solar projects.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">NJRES comprises the Energy Services segment. Energy Services maintains and transacts around a portfolio of natural gas transportation and storage capacity contracts and provides physical wholesale energy, retail energy and energy management services in the U.S. and Canada.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">NJR Midstream Holdings Corporation, which comprises the Storage and Transportation segment, formerly the Midstream segment, invests in energy-related ventures through its subsidiaries. The Company holds a 50 percent combined ownership interest in Steckman Ridge, located in Pennsylvania and 20 percent ownership interest in PennEast, which are accounted for under the equity method of accounting. The Company also operates natural gas storage and transmission assets through the wholly-owned subsidiaries of Leaf River, which was acquired on October 11, 2019, and Adelphia Gateway, which was acquired on January 13, 2020, and is subject to rate regulation by FERC. See </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:115%">Note 17. Acquisitions and Dispositions</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%"> for more information regarding these acquisitions.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">NJR Retail Holdings Corporation has two principal subsidiaries, NJRHS, which provides heating, central air conditioning, standby generators, solar and other indoor and outdoor comfort products to residential homes throughout New Jersey, and CR&amp;R, which owns commercial real estate. NJRHS and CR&amp;R are included in Home Services and Other operations.</span></div>
us-gaap Use Of Estimates
UseOfEstimates
<div style="text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with GAAP requires the Company to make estimates that affect the reported amounts of assets, liabilities, revenues, expenses and related disclosure of contingencies during the reporting period. On a quarterly basis or more frequently whenever events or changes in circumstances indicate a need, the Company evaluates its estimates, including those related to the calculation of the fair value of derivative instruments, debt, equity method investments, unbilled revenues, allowance for doubtful accounts, provisions for depreciation and amortization, long-lived assets, regulatory assets and liabilities, income taxes, pensions and other postemployment benefits, contingencies related to environmental matters and litigation. Asset retirement obligations are evaluated as often as needed. The Company’s estimates are based on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying value of assets and liabilities that are not readily apparent from other sources.</span></div>The Company has legal, regulatory and environmental proceedings during the normal course of business that can result in loss contingencies. When evaluating the potential for a loss, the Company will establish a reserve if a loss is probable and can be reasonably estimated, in which case it is the Company’s policy to accrue the full amount of such estimates. Where the information is sufficient only to establish a range of probable liability, and no point within the range is more likely than any other, it is the Company’s policy to accrue the lower end of the range. In the normal course of business, estimated amounts are subsequently adjusted to actual results that may differ from estimates.
CY2020Q2 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
2424000 USD
CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4719000 USD
CY2020Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
117012000 USD
CY2020Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
42821000 USD
CY2019Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2676000 USD
CY2021Q2 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
1291000 USD
CY2020Q3 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
2411000 USD
CY2019Q3 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
1387000 USD
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
6010000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
119423000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
45245000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4063000 USD
us-gaap Financing Receivable Allowance For Credit Losses Policy For Uncollectible Amounts
FinancingReceivableAllowanceForCreditLossesPolicyForUncollectibleAmounts
<div style="text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:115%">Allowance for Doubtful Accounts</span></div><div><span><br/></span></div><div style="text-align:justify;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As of October 1, 2021, the Company adopted ASU No. 2016-13, an amendment to ASC 326, </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Financial Instruments - Credit Losses</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, which changes the impairment model for certain financial assets that have a contractual right to receive cash, including trade and loan receivables. The Company segregates financial assets that fall within the scope of ASC 326, primarily trade receivables and unbilled revenues due in one year or less, into portfolio segments based on shared risk characteristics, such as geographical location and regulatory environment, for evaluation of expected credit losses. Historical and current information, such as average write-offs, are applied to each portfolio segment to estimate the allowance for losses on uncollectible receivables. Additionally, the allowance for losses on uncollectible receivables is adjusted for reasonable and supportable forecasts of future economic conditions, which can include changing weather, commodity prices, regulations, and macroeconomic factors, such as unemployment rates among others.</span></div>
CY2021Q2 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
14300000 USD
CY2020Q3 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
13700000 USD
CY2021Q2 us-gaap Notes And Loans Receivable Gross Noncurrent
NotesAndLoansReceivableGrossNoncurrent
33200000 USD
CY2020Q3 us-gaap Notes And Loans Receivable Gross Noncurrent
NotesAndLoansReceivableGrossNoncurrent
35300000 USD
CY2021Q2 us-gaap Energy Related Inventory Natural Gas In Storage
EnergyRelatedInventoryNaturalGasInStorage
125824000 USD
CY2021Q2 njr Energy Related Inventory Natural Gasin Storage Bcf
EnergyRelatedInventoryNaturalGasinStorageBCF
39.6 Bcf
CY2020Q3 us-gaap Energy Related Inventory Natural Gas In Storage
EnergyRelatedInventoryNaturalGasInStorage
167504000 USD
CY2020Q3 njr Energy Related Inventory Natural Gasin Storage Bcf
EnergyRelatedInventoryNaturalGasinStorageBCF
61.52 Bcf
CY2021Q2 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
5560000 USD
CY2020Q3 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
4707000 USD
CY2021Q2 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
147000 USD
us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
335000 USD
us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
0 USD
CY2020Q2 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
0 USD
CY2021Q2 njr Sale Leaseback Transaction Net Proceeds Financing Activities Solar
SaleLeasebackTransactionNetProceedsFinancingActivitiesSolar
5500000 USD
njr Sale Leaseback Transaction Net Proceeds Financing Activities Solar
SaleLeasebackTransactionNetProceedsFinancingActivitiesSolar
17700000 USD
njr Sale Leaseback Transaction Net Proceeds Financing Activities Solar
SaleLeasebackTransactionNetProceedsFinancingActivitiesSolar
42900000 USD
CY2020Q2 njr Sale Leaseback Transaction Net Proceeds Financing Activities Solar
SaleLeasebackTransactionNetProceedsFinancingActivitiesSolar
42900000 USD
CY2020Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
27872000 USD
CY2020Q2 us-gaap Costs And Expenses
CostsAndExpenses
315821000 USD
CY2020Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-16847000 USD
CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-29278000 USD
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-6767000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-19298000 USD
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.20
CY2020Q3 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
1108512000 USD
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.20
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
80025000 USD
us-gaap Costs And Expenses
CostsAndExpenses
1367370000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
186254000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
146097000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
25988000 USD
us-gaap Net Income Loss
NetIncomeLoss
130300000 USD
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.38
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.38
CY2020Q3 njr Accumulated Depreciation Depletionand Amortization Other Property Plantand Equipment
AccumulatedDepreciationDepletionandAmortizationOtherPropertyPlantandEquipment
140562000 USD
CY2020Q3 njr Public Utilities And Other Property Plantand Equipment Net
PublicUtilitiesAndOtherPropertyPlantandEquipmentNet
3722769000 USD
CY2020Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
85657000 USD
CY2020Q3 us-gaap Assets Noncurrent Other Than Noncurrent Investments And Property Plant And Equipment
AssetsNoncurrentOtherThanNoncurrentInvestmentsAndPropertyPlantAndEquipment
971376000 USD
CY2020Q3 us-gaap Assets
Assets
5316477000 USD
CY2020Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
947501000 USD
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
1643896000 USD
CY2020Q3 us-gaap Capitalization Longterm Debt And Equity
CapitalizationLongtermDebtAndEquity
3903362000 USD
CY2020Q3 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
138081000 USD
CY2020Q3 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
879393000 USD
CY2020Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
5316477000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
80025000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
27014000 USD
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
1345615000 USD
CY2019Q4 us-gaap Net Income Loss
NetIncomeLoss
75752000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
1608092000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
73846000 USD
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
1654737000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-19298000 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
1612478000 USD
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
155392000 USD
CY2021Q2 njr Alternative Revenue Programs Revenue
AlternativeRevenueProgramsRevenue
577000 USD
CY2020Q2 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
144418000 USD
CY2020Q2 us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
141950000 USD
CY2021Q2 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
210702000 USD
CY2021Q2 us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
212201000 USD
CY2021Q2 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
367593000 USD
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
157024000 USD
CY2020Q2 njr Alternative Revenue Programs Revenue
AlternativeRevenueProgramsRevenue
-2665000 USD
CY2020Q2 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
298974000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
720495000 USD
njr Alternative Revenue Programs Revenue
AlternativeRevenueProgramsRevenue
-4519000 USD
us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
912118000 USD
us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
903590000 USD
us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
1624085000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
712554000 USD
njr Alternative Revenue Programs Revenue
AlternativeRevenueProgramsRevenue
17465000 USD
us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
825261000 USD
CY2020Q2 us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
141950000 USD
us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
841070000 USD
us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
1553624000 USD
CY2021Q2 us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
212201000 USD
CY2021Q2 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
367593000 USD
CY2020Q2 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
298974000 USD
us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
903590000 USD
us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
1624085000 USD
us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
841070000 USD
us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
1553624000 USD
CY2020Q3 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
134173000 USD
CY2020Q3 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
9226000 USD
CY2020Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
25934000 USD
njr Contractwith Customer Increase Decreasefor Accounts Receivable
ContractwithCustomerIncreaseDecreaseforAccountsReceivable
71309000 USD
njr Contractwith Customer Increase Decreasefor Unbilled Receivable
ContractwithCustomerIncreaseDecreaseforUnbilledReceivable
3437000 USD
njr Contractwith Customer Increase Decreasefor Contract Liability
ContractwithCustomerIncreaseDecreaseforContractLiability
-3235000 USD
CY2021Q2 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
205482000 USD
CY2021Q2 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
12663000 USD
CY2021Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
22699000 USD
CY2021Q2 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
205482000 USD
CY2021Q2 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
12663000 USD
CY2021Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
22699000 USD
CY2021Q2 njr Contractwith Customer Assets Liabilities Net
ContractwithCustomerAssetsLiabilitiesNet
195446000 USD
us-gaap Concentration Risk Credit Risk Financial Instrument Maximum Exposure
ConcentrationRiskCreditRiskFinancialInstrumentMaximumExposure
201801000 USD
CY2021Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
21400000 USD
CY2020Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
74200000 USD
CY2021Q2 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
92000000.0 USD
CY2021Q2 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
92000000.0 USD
CY2021Q2 njr Equity Method Investment Other Than Temporary Impairment Net Of Tax
EquityMethodInvestmentOtherThanTemporaryImpairmentNetOfTax
72700000 USD
CY2021Q2 us-gaap Equity Method Investments
EquityMethodInvestments
117016000 USD
CY2020Q3 us-gaap Equity Method Investments
EquityMethodInvestments
208375000 USD
CY2020 njr Deferred Tax Asset Allowancefor Funds Used During Construction
DeferredTaxAssetAllowanceforFundsUsedDuringConstruction
4600000 USD
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-111831000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-19298000 USD
us-gaap Net Income Loss
NetIncomeLoss
119023000 USD
us-gaap Net Income Loss
NetIncomeLoss
130300000 USD
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
96348000 shares
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
95764000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
96237000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
94420000 shares
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.16
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.20
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.24
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.38
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
96348000 shares
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
95764000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
96237000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
94420000 shares
CY2021Q2 njr Incremental Common Shares Attributableto Other Dilutive Effect
IncrementalCommonSharesAttributabletoOtherDilutiveEffect
0 shares
CY2020Q2 njr Incremental Common Shares Attributableto Other Dilutive Effect
IncrementalCommonSharesAttributabletoOtherDilutiveEffect
0 shares
njr Incremental Common Shares Attributableto Other Dilutive Effect
IncrementalCommonSharesAttributabletoOtherDilutiveEffect
392000 shares
njr Incremental Common Shares Attributableto Other Dilutive Effect
IncrementalCommonSharesAttributabletoOtherDilutiveEffect
298000 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
96348000 shares
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
95764000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
96629000 shares
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.38
CY2021Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
406278 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
94718000 shares
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.16
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.20
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.23
CY2020Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
310000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2021Q2 njr Sale Leaseback Transaction Net Proceeds Financing Activities Solar
SaleLeasebackTransactionNetProceedsFinancingActivitiesSolar
5500000 USD
njr Sale Leaseback Transaction Net Proceeds Financing Activities Solar
SaleLeasebackTransactionNetProceedsFinancingActivitiesSolar
17700000 USD
njr Sale Leaseback Transaction Net Proceeds Financing Activities Solar
SaleLeasebackTransactionNetProceedsFinancingActivitiesSolar
42900000 USD
CY2020Q2 njr Sale Leaseback Transaction Net Proceeds Financing Activities Solar
SaleLeasebackTransactionNetProceedsFinancingActivitiesSolar
42900000 USD
CY2021Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
24100000 USD
CY2021Q2 us-gaap Tax Credit Carryforward Amount
TaxCreditCarryforwardAmount
219300000 USD
CY2020Q3 us-gaap Tax Credit Carryforward Amount
TaxCreditCarryforwardAmount
195200000 USD
CY2020Q3 njr Deferred Tax Assets Operating Loss Carryforwards Domestic Refundableand Receivables
DeferredTaxAssetsOperatingLossCarryforwardsDomesticRefundableandReceivables
22800000 USD
CY2020Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
4930000 USD
CY2019Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
4930000 USD
us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
4930000 USD
CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
CY2021Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 USD
CY2020Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
4930000 USD
CY2021Q2 njr Old Age Survivors And Disability Insurance Tax Employer Deferral Cares Act
OldAgeSurvivorsAndDisabilityInsuranceTaxEmployerDeferralCARESAct
5100000 USD
CY2020Q3 njr Old Age Survivors And Disability Insurance Tax Employer Deferral Cares Act
OldAgeSurvivorsAndDisabilityInsuranceTaxEmployerDeferralCARESAct
3100000 USD
njr Effective Income Tax Rate Reconciliation Forecasted Percent
EffectiveIncomeTaxRateReconciliationForecastedPercent
0.199
njr Effective Income Tax Rate Reconciliation Forecasted Percent
EffectiveIncomeTaxRateReconciliationForecastedPercent
0.181
njr Effective Income Tax Rate Reconciliation Discrete Adjustments Amount
EffectiveIncomeTaxRateReconciliationDiscreteAdjustmentsAmount
11800000 USD
njr Effective Income Tax Rate Reconciliation Discrete Adjustments Amount
EffectiveIncomeTaxRateReconciliationDiscreteAdjustmentsAmount
2300000 USD
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.240
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.166
CY2021Q2 njr Deferred Tax Assets Operating Loss Carryforwards Domestic Refundableand Receivables
DeferredTaxAssetsOperatingLossCarryforwardsDomesticRefundableandReceivables
22800000 USD
njr Operating Loss Carryforward Expiration Terms
OperatingLossCarryforwardExpirationTerms
P20Y
CY2021Q2 us-gaap Operating Loss Carryforwards Valuation Allowance
OperatingLossCarryforwardsValuationAllowance
17600000 USD
CY2021Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
24100000 USD
CY2021Q2 us-gaap Tax Credit Carryforward Amount
TaxCreditCarryforwardAmount
219300000 USD
CY2021Q2 us-gaap Deferred Tax Assets Capital Loss Carryforwards
DeferredTaxAssetsCapitalLossCarryforwards
70300000 USD
CY2021Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
25000000.0 USD
CY2020Q3 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
17600000 USD
CY2021Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
2366000 USD
CY2020Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
1650000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
5811000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
4761000 USD
CY2021Q2 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
640000 USD
CY2020Q2 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
1274000 USD
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
3077000 USD
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
3734000 USD
CY2020Q2 njr Finance Lease Cost
FinanceLeaseCost
1522000 USD
njr Finance Lease Cost
FinanceLeaseCost
3604000 USD
njr Finance Lease Cost
FinanceLeaseCost
4530000 USD
CY2021Q2 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
193000 USD
CY2020Q2 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
248000 USD
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
527000 USD
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
796000 USD
CY2021Q2 njr Finance Lease Cost
FinanceLeaseCost
833000 USD
CY2021Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
127000 USD
CY2020Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
95000 USD
us-gaap Short Term Lease Cost
ShortTermLeaseCost
381000 USD
us-gaap Short Term Lease Cost
ShortTermLeaseCost
721000 USD
CY2021Q2 us-gaap Variable Lease Cost
VariableLeaseCost
262000 USD
CY2020Q2 us-gaap Variable Lease Cost
VariableLeaseCost
597000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
964000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
1707000 USD
CY2021Q2 us-gaap Lease Cost
LeaseCost
3588000 USD
CY2020Q2 us-gaap Lease Cost
LeaseCost
3864000 USD
us-gaap Lease Cost
LeaseCost
10760000 USD
us-gaap Lease Cost
LeaseCost
11719000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
4539000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
4133000 USD
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
984000 USD
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
952000 USD
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
6930000 USD
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
5505000 USD
CY2021Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
12800000 USD
CY2020Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
270000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
34200000 USD
CY2021Q2 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 USD
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 USD
CY2020Q2 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 USD
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
49700000 USD
CY2021Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
142753000 USD
CY2020Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
131769000 USD
CY2021Q2 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
13853000 USD
CY2020Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
71085000 USD
CY2021Q2 njr Lease Rightof Use Asset
LeaseRightofUseAsset
156606000 USD
CY2020Q3 njr Lease Rightof Use Asset
LeaseRightofUseAsset
202854000 USD
CY2021Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
4588000 USD
CY2020Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
6724000 USD
CY2021Q2 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
5625000 USD
CY2020Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
10416000 USD
CY2021Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
109993000 USD
CY2020Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
95030000 USD
CY2021Q2 us-gaap Purchase Obligation Due In Second Year
PurchaseObligationDueInSecondYear
194456000 USD
CY2021Q2 us-gaap Purchase Obligation Due In Third Year
PurchaseObligationDueInThirdYear
196554000 USD
CY2021Q2 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
15761000 USD
CY2020Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
63743000 USD
CY2021Q2 njr Lease Liability
LeaseLiability
135967000 USD
CY2020Q3 njr Lease Liability
LeaseLiability
175913000 USD
CY2021Q2 us-gaap Payments To Acquire Buildings
PaymentsToAcquireBuildings
41100000 USD
CY2021Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P27Y10M24D
CY2020Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P25Y6M
CY2021Q2 us-gaap Lessee Operating Lease Discount Rate
LesseeOperatingLeaseDiscountRate
0.033
CY2020Q3 us-gaap Lessee Operating Lease Discount Rate
LesseeOperatingLeaseDiscountRate
0.032
CY2021Q2 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P3Y7M6D
CY2020Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P11Y6M
CY2021Q2 us-gaap Lessee Finance Lease Discount Rate
LesseeFinanceLeaseDiscountRate
0.035
CY2020Q3 us-gaap Lessee Finance Lease Discount Rate
LesseeFinanceLeaseDiscountRate
0.025
njr Current Charges Recoverable Through Bgss
CurrentChargesRecoverableThroughBgss
157500000 USD
CY2021Q2 us-gaap Recorded Unconditional Purchase Obligation Due In Remainder Of Fiscal Year
RecordedUnconditionalPurchaseObligationDueInRemainderOfFiscalYear
396110000 USD
CY2021Q2 us-gaap Purchase Obligation Due In Next Twelve Months
PurchaseObligationDueInNextTwelveMonths
229771000 USD
CY2021Q2 us-gaap Purchase Obligation Due In Fourth Year
PurchaseObligationDueInFourthYear
181273000 USD
CY2021Q2 njr Purchase Obligation To Be Paid After Year Four
PurchaseObligationToBePaidAfterYearFour
1474287000 USD
CY2021Q2 us-gaap Accrued Environmental Loss Contingencies Noncurrent
AccruedEnvironmentalLossContingenciesNoncurrent
136900000 USD
CY2020Q3 us-gaap Accrued Environmental Loss Contingencies Noncurrent
AccruedEnvironmentalLossContingenciesNoncurrent
150600000 USD
njr Site Contingency Recoveryfrom Third Partyof Environmental Remediation Cost Period
SiteContingencyRecoveryfromThirdPartyofEnvironmentalRemediationCostPeriod
P7Y
CY2019Q4 us-gaap Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
6545454 shares
CY2019Q4 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
212900000 USD
CY2021Q2 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
367593000 USD
CY2020Q2 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
298974000 USD
us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
1624085000 USD
us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
1553624000 USD
CY2021Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
27767000 USD
CY2020Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
27872000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
81977000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
80025000 USD
CY2021Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
347000 USD
CY2020Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
147000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
2073000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
2054000 USD
CY2021Q2 us-gaap Interest Expense
InterestExpense
18744000 USD
CY2020Q2 us-gaap Interest Expense
InterestExpense
15144000 USD
us-gaap Interest Expense
InterestExpense
58683000 USD
us-gaap Interest Expense
InterestExpense
50417000 USD
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-18785000 USD
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-6767000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
37713000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
25988000 USD
CY2021Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-89233000 USD
CY2020Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
3213000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-83754000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
10191000 USD
CY2021Q2 njr Net Financial Earnings Loss
NetFinancialEarningsLoss
-14148000 USD
CY2020Q2 njr Net Financial Earnings Loss
NetFinancialEarningsLoss
2682000 USD
njr Net Financial Earnings Loss
NetFinancialEarningsLoss
201113000 USD
njr Net Financial Earnings Loss
NetFinancialEarningsLoss
121904000 USD
CY2021Q2 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
184026000 USD
CY2020Q2 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
139890000 USD
us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
429913000 USD
us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
367239000 USD
CY2021Q2 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
208000 USD
CY2020Q2 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
225000 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
690000 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
1491000 USD
CY2021Q2 us-gaap Assets
Assets
5408618000 USD
CY2020Q3 us-gaap Assets
Assets
5316477000 USD
CY2021Q2 njr Net Financial Earnings Loss
NetFinancialEarningsLoss
-14148000 USD
CY2020Q2 njr Net Financial Earnings Loss
NetFinancialEarningsLoss
2682000 USD
njr Net Financial Earnings Loss
NetFinancialEarningsLoss
201113000 USD
njr Net Financial Earnings Loss
NetFinancialEarningsLoss
121904000 USD
CY2021Q2 us-gaap Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
-21862000 USD
CY2020Q2 us-gaap Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
-23712000 USD
us-gaap Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
-13627000 USD
us-gaap Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
21827000 USD
CY2021Q2 njr Unrealized Gain Losson Derivativesand Commodity Contracts Tax
UnrealizedGainLossonDerivativesandCommodityContractsTax
-5198000 USD
CY2020Q2 njr Unrealized Gain Losson Derivativesand Commodity Contracts Tax
UnrealizedGainLossonDerivativesandCommodityContractsTax
-5639000 USD
njr Unrealized Gain Losson Derivativesand Commodity Contracts Tax
UnrealizedGainLossonDerivativesandCommodityContractsTax
-3240000 USD
njr Unrealized Gain Losson Derivativesand Commodity Contracts Tax
UnrealizedGainLossonDerivativesandCommodityContractsTax
5189000 USD
CY2021Q2 njr Increase Decreasein Economic Hedging Relatedto Natural Gas Inventory Before Taxes
IncreaseDecreaseinEconomicHedgingRelatedtoNaturalGasInventoryBeforeTaxes
-2486000 USD
CY2020Q2 njr Increase Decreasein Economic Hedging Relatedto Natural Gas Inventory Before Taxes
IncreaseDecreaseinEconomicHedgingRelatedtoNaturalGasInventoryBeforeTaxes
-4739000 USD
njr Increase Decreasein Economic Hedging Relatedto Natural Gas Inventory Before Taxes
IncreaseDecreaseinEconomicHedgingRelatedtoNaturalGasInventoryBeforeTaxes
12255000 USD
njr Increase Decreasein Economic Hedging Relatedto Natural Gas Inventory Before Taxes
IncreaseDecreaseinEconomicHedgingRelatedtoNaturalGasInventoryBeforeTaxes
-10474000 USD
CY2021Q2 njr Effectsof Economic Hedging Relatedto Natural Gas Inventory Tax
EffectsofEconomicHedgingRelatedtoNaturalGasInventoryTax
-591000 USD
CY2020Q2 njr Effectsof Economic Hedging Relatedto Natural Gas Inventory Tax
EffectsofEconomicHedgingRelatedtoNaturalGasInventoryTax
-1126000 USD
njr Effectsof Economic Hedging Relatedto Natural Gas Inventory Tax
EffectsofEconomicHedgingRelatedtoNaturalGasInventoryTax
2912000 USD
njr Effectsof Economic Hedging Relatedto Natural Gas Inventory Tax
EffectsofEconomicHedgingRelatedtoNaturalGasInventoryTax
-2489000 USD
CY2021Q2 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
92000000 USD
CY2020Q2 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
0 USD
us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
92000000 USD
us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
0 USD
CY2021Q2 njr Equity Method Investment Other Than Temporary Impairment Tax
EquityMethodInvestmentOtherThanTemporaryImpairmentTax
-11934000 USD
CY2020Q2 njr Equity Method Investment Other Than Temporary Impairment Tax
EquityMethodInvestmentOtherThanTemporaryImpairmentTax
0 USD
njr Equity Method Investment Other Than Temporary Impairment Tax
EquityMethodInvestmentOtherThanTemporaryImpairmentTax
-11934000 USD
njr Equity Method Investment Other Than Temporary Impairment Tax
EquityMethodInvestmentOtherThanTemporaryImpairmentTax
0 USD
CY2021Q2 njr Income Tax Expense Benefiton Financial Earnings Loss
IncomeTaxExpenseBenefitonFinancialEarningsLoss
-942000 USD
CY2020Q2 njr Income Tax Expense Benefiton Financial Earnings Loss
IncomeTaxExpenseBenefitonFinancialEarningsLoss
294000 USD
njr Income Tax Expense Benefiton Financial Earnings Loss
IncomeTaxExpenseBenefitonFinancialEarningsLoss
980000 USD
njr Income Tax Expense Benefiton Financial Earnings Loss
IncomeTaxExpenseBenefitonFinancialEarningsLoss
257000 USD
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-111831000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-19298000 USD
us-gaap Net Income Loss
NetIncomeLoss
119023000 USD
us-gaap Net Income Loss
NetIncomeLoss
130300000 USD
CY2021Q2 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
1700000 USD
CY2020Q2 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
1518000 USD
us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
5163000 USD
us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
4548000 USD
CY2021Q2 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
863000 USD
CY2020Q3 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
791000 USD
njr Numberof Asset Management Agreement
NumberofAssetManagementAgreement
2 lease

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