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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, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Operating Revenues:        
Regulated electric revenues $ 96,697 $ 96,846 $ 195,549 $ 190,340
Regulated gas revenues 31,218 30,042 141,931 102,509
Nonregulated revenues 850 1,400 1,530 2,676
Total Operating Revenues 128,765 128,288 339,010 295,525
Operating Expenses:        
Fuel for electric generation 11,866 9,810 25,998 20,570
Purchased power 18,921 21,051 37,476 39,256
Cost of gas sold 18,132 16,748 96,640 61,440
Other operations and maintenance 40,208 41,887 80,680 83,536
Depreciation and amortization 10,069 9,530 19,815 19,154
Other general taxes 5,128 4,765 9,989 9,444
Total Operating Expenses 104,324 103,791 270,598 233,400
Operating Income 24,441 24,497 68,412 62,125
Other income, net 3,548 2,711 8,100 6,020
Interest expense, net (4,868) (4,657) (9,409) (9,332)
Income before income taxes 23,121 22,551 67,103 58,813
Income tax provision (9,034) (8,660) (25,299) (22,338)
Net Income (Loss) $ 14,087 $ 13,891 $ 41,804 $ 36,475
Earnings Per Share of Common Stock (basic and diluted) $ 0.41 $ 0.40 $ 1.21 $ 1.05
Dividends per share of common stock $ 0.272 $ 0.263 $ 0.543 $ 0.527
Weighted Average Shares Outstanding (basic and diluted) 34,668 34,668 34,668 34,668