XML 71 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
MGE Energy Inc Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Operating Revenues:      
Regulated electric revenues $ 394,849us-gaap_ElectricDomesticRegulatedRevenue $ 403,957us-gaap_ElectricDomesticRegulatedRevenue $ 392,365us-gaap_ElectricDomesticRegulatedRevenue
Regulated gas revenues 221,720us-gaap_GasDomesticRegulatedRevenue 181,462us-gaap_GasDomesticRegulatedRevenue 139,727us-gaap_GasDomesticRegulatedRevenue
Nonregulated revenues 3,283us-gaap_UnregulatedOperatingRevenue 5,468us-gaap_UnregulatedOperatingRevenue 9,231us-gaap_UnregulatedOperatingRevenue
Total Operating Revenues 619,852us-gaap_RegulatedAndUnregulatedOperatingRevenue 590,887us-gaap_RegulatedAndUnregulatedOperatingRevenue 541,323us-gaap_RegulatedAndUnregulatedOperatingRevenue
Operating Expenses:      
Fuel for electric generation 42,828us-gaap_UtilitiesOperatingExpenseFuelUsed 46,062us-gaap_UtilitiesOperatingExpenseFuelUsed 46,499us-gaap_UtilitiesOperatingExpenseFuelUsed
Purchased power 73,232us-gaap_UtilitiesOperatingExpensePurchasedPower 80,830us-gaap_UtilitiesOperatingExpensePurchasedPower 73,842us-gaap_UtilitiesOperatingExpensePurchasedPower
Cost of gas sold 143,644mgee_UtilitiesOperatingExpenseCostOfGasSold 107,315mgee_UtilitiesOperatingExpenseCostOfGasSold 78,156mgee_UtilitiesOperatingExpenseCostOfGasSold
Other operations and maintenance 161,703us-gaap_UtilitiesOperatingExpenseMaintenanceAndOperations 171,248us-gaap_UtilitiesOperatingExpenseMaintenanceAndOperations 172,996us-gaap_UtilitiesOperatingExpenseMaintenanceAndOperations
Depreciation and amortization 40,695us-gaap_UtilitiesOperatingExpenseDepreciationAndAmortization 38,838us-gaap_UtilitiesOperatingExpenseDepreciationAndAmortization 38,707us-gaap_UtilitiesOperatingExpenseDepreciationAndAmortization
Other general taxes 19,652us-gaap_UtilitiesOperatingExpenseTaxes 18,607us-gaap_UtilitiesOperatingExpenseTaxes 18,360us-gaap_UtilitiesOperatingExpenseTaxes
Total Operating Expenses 481,754us-gaap_UtilitiesOperatingExpense 462,900us-gaap_UtilitiesOperatingExpense 428,560us-gaap_UtilitiesOperatingExpense
Operating Income (Loss) 138,098us-gaap_OperatingIncomeLoss 127,987us-gaap_OperatingIncomeLoss 112,763us-gaap_OperatingIncomeLoss
Other income, net 10,079us-gaap_NonoperatingIncomeExpense 10,701us-gaap_NonoperatingIncomeExpense 10,069us-gaap_NonoperatingIncomeExpense
Interest expense, net (19,673)us-gaap_InterestIncomeExpenseNet (18,924)us-gaap_InterestIncomeExpenseNet (19,467)us-gaap_InterestIncomeExpenseNet
Income before income taxes 128,504us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic 119,764us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic 103,365us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
Income tax provision (48,185)us-gaap_IncomeTaxExpenseBenefit (44,859)us-gaap_IncomeTaxExpenseBenefit (38,919)us-gaap_IncomeTaxExpenseBenefit
Net Income $ 80,319us-gaap_NetIncomeLoss $ 74,905us-gaap_NetIncomeLoss $ 64,446us-gaap_NetIncomeLoss
Earnings Per Share of Common Stock (basic and diluted) $ 2.32us-gaap_EarningsPerShareBasicAndDiluted $ 2.16us-gaap_EarningsPerShareBasicAndDiluted $ 1.86us-gaap_EarningsPerShareBasicAndDiluted
Dividends per share of common stock $ 1.11us-gaap_CommonStockDividendsPerShareCashPaid $ 1.07us-gaap_CommonStockDividendsPerShareCashPaid $ 1.04us-gaap_CommonStockDividendsPerShareCashPaid
Weighted Average Shares Outstanding (basic and diluted) 34,668us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 34,668us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 34,668us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted