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MGE Energy Inc Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Operating Revenues:        
Regulated electric revenues $ 96,846 $ 96,339 $ 190,340 $ 186,275
Regulated gas revenues 30,042 18,629 102,509 75,648
Nonregulated revenues 1,400 2,253 2,676 4,557
Total Operating Revenues 128,288 117,221 295,525 266,480
Operating Expenses:        
Fuel for electric generation 9,810 11,481 20,570 20,332
Purchased power 21,051 17,314 39,256 36,860
Cost of gas sold 16,748 7,801 61,440 42,646
Other operations and maintenance 41,887 41,278 83,536 84,227
Depreciation and amortization 9,530 9,712 19,154 19,336
Other general taxes 4,765 4,554 9,444 9,554
Total Operating Expenses 103,791 92,140 233,400 212,955
Operating Income 24,497 25,081 62,125 53,525
Other income, net 2,711 2,549 6,020 5,119
Interest expense, net (4,657) (4,764) (9,332) (9,868)
Income before income taxes 22,551 22,866 58,813 48,776
Income tax provision (8,660) (8,596) (22,338) (18,458)
Net Income (Loss) $ 13,891 $ 14,270 $ 36,475 $ 30,318
Earnings Per Share of Common Stock (basic and diluted) $ 0.60 $ 0.62 $ 1.58 $ 1.31
Dividends per share of common stock $ 0.395 $ 0.383 $ 0.790 $ 0.766
Average Shares Outstanding (basic and diluted) 23,114 23,114 23,114 23,114