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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Operating Activities:      
Net Income $ 105,761 $ 92,418 $ 86,874
Items not affecting cash:      
Depreciation and amortization 76,983 74,188 71,562
Deferred income taxes 4,837 10,363 7,212
Provision for doubtful receivables 1,550 1,415 1,615
Employee benefit plan (credit) cost (2,203) (3,716) (3,813)
Equity earnings in investments (9,270) (10,221) (9,889)
Other items 120 (2,750) 163
Changes in working capital items:      
Accounts receivable and unbilled revenues (change) (24,651) (5,451) 1,060
Inventories (change) (6,342) (842) (3,420)
Prepaid taxes (change) (5,035) 1,713 (677)
Other current assets (change) (192) (1,057) 29
Accounts payable (change) 2,729 14,353 (7,432)
Other current liabilities (change) (6,734) (5,635) (10,264)
Dividends from investment 7,832 8,998 7,347
Cash contributions to pension and other postretirement plans (6,935) (6,296) (5,714)
Other noncurrent items, net (923) 4,963 (4,178)
Cash Provided by Operating Activities 137,527 172,443 130,475
Investing Activities:      
Capital expenditures (153,169) (203,139) (164,036)
Capital contributions to investments (4,027) (5,601) (7,813)
Other 221 (1,672) (508)
Cash Used for Investing Activities (156,975) (210,412) (172,357)
Financing Activities:      
Issuance of common stock, net 0 79,635 0
Cash dividends paid on common stock (54,788) (51,729) (47,842)
Repayment of long-term debt (4,771) (38,959) (4,553)
Issuance of long-term debt 100,000 19,300 50,000
Proceeds from (Repayments of) short-term debt (47,000) 52,500 (13,000)
Other (2,197) (1,553) (1,838)
Cash Provided by (Used for) Financing Activities (8,756) 59,194 (17,233)
Change in cash, cash equivalents, and restricted cash: (28,204) 21,225 (59,115)
Cash, cash equivalents, and restricted cash at beginning of period 47,039 25,814 84,929
Cash, cash equivalents, and restricted cash at end of period 18,835 47,039 25,814
Supplemental disclosures of cash flow information:      
Interest paid 23,502 23,898 23,171
Income taxes paid 4,000 8,127 14,617
Income taxes received 0 0 (255)
Significant noncash investing activities:      
Accrued capital expenditures 14,414 5,719 26,697
MGE [Member]      
Operating Activities:      
Net Income 100,782 85,523 80,779
Items not affecting cash:      
Depreciation and amortization 76,983 74,188 71,562
Deferred income taxes 3,654 8,543 5,286
Provision for doubtful receivables 1,550 1,415 1,615
Employee benefit plan (credit) cost (2,203) (3,716) (3,813)
Other items 2,002 (1,828) 1,256
Changes in working capital items:      
Accounts receivable and unbilled revenues (change) (24,680) (5,453) 1,060
Inventories (change) (6,342) (842) (3,420)
Prepaid taxes (change) (4,531) 616 327
Other current assets (change) (148) (1,157) 147
Accounts payable (change) 2,775 14,603 (7,754)
Accrued interest and taxes (change) 244 1,651 (1,565)
Other current liabilities (change) (11,107) (4,909) (9,618)
Cash contributions to pension and other postretirement plans (6,935) (6,296) (5,714)
Other noncurrent items, net (1,804) 3,980 (4,278)
Cash Provided by Operating Activities 130,240 166,318 125,870
Investing Activities:      
Capital expenditures (153,169) (203,139) (164,036)
Other (1,709) (2,122) (782)
Cash Used for Investing Activities (154,878) (205,261) (164,818)
Financing Activities:      
Cash dividends paid to parent by MGE (5,000) 0 0
Distributions to parent from noncontrolling interest (15,000) (21,500) (23,500)
Capital contributions from parent 0 30,000 30,500
Repayment of long-term debt (4,771) (38,959) (4,553)
Issuance of long-term debt 100,000 19,300 50,000
Proceeds from (Repayments of) short-term debt (47,000) 52,500 (13,000)
Other (2,197) (1,523) (1,640)
Cash Provided by (Used for) Financing Activities 26,032 39,818 37,807
Change in cash, cash equivalents, and restricted cash: 1,394 875 (1,141)
Cash, cash equivalents, and restricted cash at beginning of period 6,404 5,529 6,670
Cash, cash equivalents, and restricted cash at end of period 7,798 6,404 5,529
Supplemental disclosures of cash flow information:      
Interest paid 23,502 23,898 23,171
Income taxes paid 0 0 95
Income taxes received 0 0 (249)
Significant noncash investing activities:      
Accrued capital expenditures $ 14,414 $ 5,719 $ 26,697