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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 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Operating Revenues:        
Regulated electric revenues $ 112,869 $ 119,836 $ 308,418 $ 310,176
Regulated gas revenues 21,404 18,864 163,335 121,373
Nonregulated revenues 862 1,399 2,392 4,075
Total Operating Revenues 135,135 140,099 474,145 435,624
Operating Expenses:        
Fuel for electric generation 9,838 13,950 35,836 34,520
Purchased power 21,303 21,981 58,779 61,237
Cost of gas sold 11,039 8,819 107,679 70,259
Other operations and maintenance 37,587 41,134 118,267 124,670
Depreciation and amortization 10,376 9,710 30,191 28,864
Other general taxes 4,872 4,605 14,861 14,049
Total Operating Expenses 95,015 100,199 365,613 333,599
Operating Income 40,120 39,900 108,532 102,025
Other income, net 2,636 3,750 10,736 9,770
Interest expense, net (5,141) (4,605) (14,550) (13,937)
Income before income taxes 37,615 39,045 104,718 97,858
Income tax provision (14,286) (14,692) (39,585) (37,030)
Net Income (Loss) $ 23,329 $ 24,353 $ 65,133 $ 60,828
Earnings Per Share of Common Stock (basic and diluted) $ 0.67 $ 0.70 $ 1.88 $ 1.75
Dividends per share of common stock $ 0.283 $ 0.272 $ 0.826 $ 0.799
Weighted Average Shares Outstanding (basic and diluted) 34,668 34,668 34,668 34,668