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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
Mar. 31, 2015
Mar. 31, 2014
Operating Revenues:    
Regulated electric revenues $ 98,240us-gaap_ElectricDomesticRegulatedRevenue $ 98,852us-gaap_ElectricDomesticRegulatedRevenue
Regulated gas revenues 69,928us-gaap_GasDomesticRegulatedRevenue 110,713us-gaap_GasDomesticRegulatedRevenue
Nonregulated revenues 1,966us-gaap_UnregulatedOperatingRevenue 680us-gaap_UnregulatedOperatingRevenue
Total Operating Revenues 170,134us-gaap_RegulatedAndUnregulatedOperatingRevenue 210,245us-gaap_RegulatedAndUnregulatedOperatingRevenue
Operating Expenses:    
Fuel for electric generation 11,892us-gaap_UtilitiesOperatingExpenseFuelUsed 14,132us-gaap_UtilitiesOperatingExpenseFuelUsed
Purchased power 22,865us-gaap_UtilitiesOperatingExpensePurchasedPower 18,555us-gaap_UtilitiesOperatingExpensePurchasedPower
Cost of gas sold 46,919mgee_UtilitiesOperatingExpenseCostOfGasSold 78,508mgee_UtilitiesOperatingExpenseCostOfGasSold
Other operations and maintenance 40,674us-gaap_UtilitiesOperatingExpenseMaintenanceAndOperations 40,472us-gaap_UtilitiesOperatingExpenseMaintenanceAndOperations
Depreciation and amortization 10,849us-gaap_UtilitiesOperatingExpenseDepreciationAndAmortization 9,746us-gaap_UtilitiesOperatingExpenseDepreciationAndAmortization
Other general taxes 5,084us-gaap_UtilitiesOperatingExpenseTaxes 4,861us-gaap_UtilitiesOperatingExpenseTaxes
Total Operating Expenses 138,283us-gaap_UtilitiesOperatingExpense 166,274us-gaap_UtilitiesOperatingExpense
Operating Income 31,851us-gaap_OperatingIncomeLoss 43,971us-gaap_OperatingIncomeLoss
Other income, net 2,105us-gaap_NonoperatingIncomeExpense 4,552us-gaap_NonoperatingIncomeExpense
Interest expense, net (5,091)us-gaap_InterestIncomeExpenseNet (4,541)us-gaap_InterestIncomeExpenseNet
Income before income taxes 28,865us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic 43,982us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
Income tax provision (10,587)us-gaap_IncomeTaxExpenseBenefit (16,265)us-gaap_IncomeTaxExpenseBenefit
Net Income (Loss) $ 18,278us-gaap_NetIncomeLoss $ 27,717us-gaap_NetIncomeLoss
Earnings Per Share of Common Stock (basic and diluted) $ 0.53us-gaap_EarningsPerShareBasicAndDiluted $ 0.80us-gaap_EarningsPerShareBasicAndDiluted
Dividends per share of common stock $ 0.283us-gaap_CommonStockDividendsPerShareCashPaid $ 0.272us-gaap_CommonStockDividendsPerShareCashPaid
Weighted Average Shares Outstanding (basic and diluted) 34,668us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 34,668us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted