XML 30 R9.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
Current Assets:    
Cash and cash equivalents $ 70,703us-gaap_CashAndCashEquivalentsAtCarryingValue $ 65,755us-gaap_CashAndCashEquivalentsAtCarryingValue
Accounts receivable, less reserves 43,861us-gaap_AccountsReceivableNetCurrent 41,614us-gaap_AccountsReceivableNetCurrent
Other accounts receivables, less reserves 6,443us-gaap_OtherReceivablesNetCurrent 7,610us-gaap_OtherReceivablesNetCurrent
Unbilled revenues 25,366mgee_UnbilledRevenues 31,262mgee_UnbilledRevenues
Materials and supplies, at average cost 18,027us-gaap_OtherInventorySupplies 17,121us-gaap_OtherInventorySupplies
Fossil fuel 14,418us-gaap_EnergyRelatedInventoryOtherFossilFuel 8,098us-gaap_EnergyRelatedInventoryOtherFossilFuel
Stored natural gas, at average cost 8,398us-gaap_EnergyRelatedInventoryGasStoredUnderground 21,036us-gaap_EnergyRelatedInventoryGasStoredUnderground
Prepaid taxes 30,860us-gaap_PrepaidTaxes 38,910us-gaap_PrepaidTaxes
Regulatory assets - current 7,537us-gaap_RegulatoryAssetsCurrent 8,360us-gaap_RegulatoryAssetsCurrent
Deferred income taxes - current 109us-gaap_DeferredTaxAssetsLiabilitiesNetCurrent 3,482us-gaap_DeferredTaxAssetsLiabilitiesNetCurrent
Other current assets 10,219us-gaap_OtherAssetsCurrent 10,711us-gaap_OtherAssetsCurrent
Total Current Assets 235,941us-gaap_AssetsCurrent 253,959us-gaap_AssetsCurrent
Other long-term receivables 5,454us-gaap_NotesAndLoansReceivableNetNoncurrent 2,181us-gaap_NotesAndLoansReceivableNetNoncurrent
Regulatory assets 155,473us-gaap_RegulatoryAssetsNoncurrent 156,823us-gaap_RegulatoryAssetsNoncurrent
Other deferred assets and other 4,548us-gaap_OtherAssetsNoncurrent 4,837us-gaap_OtherAssetsNoncurrent
Property, Plant, and Equipment:    
Property, plant, and equipment, net 1,189,106mgee_PropertyPlantAndEquipmentNetBeforeConstructionInProgress 1,189,077mgee_PropertyPlantAndEquipmentNetBeforeConstructionInProgress
Construction work in progress 21,322us-gaap_ConstructionInProgressGross 19,029us-gaap_ConstructionInProgressGross
Total Property, Plant, and Equipment 1,210,428us-gaap_PropertyPlantAndEquipmentNet 1,208,106us-gaap_PropertyPlantAndEquipmentNet
Investments 72,347us-gaap_Investments 71,760us-gaap_Investments
Total Assets 1,684,191us-gaap_Assets 1,697,666us-gaap_Assets
Current Liabilities:    
Long-term debt due within one year 4,203us-gaap_LongTermDebtCurrent 4,182us-gaap_LongTermDebtCurrent
Short-term debt 0us-gaap_ShortTermBorrowings 7,000us-gaap_ShortTermBorrowings
Accounts payable 37,540us-gaap_AccountsPayableCurrent 41,655us-gaap_AccountsPayableCurrent
Accrued interest and taxes 3,999mgee_Accruedinterestandtaxes 5,086mgee_Accruedinterestandtaxes
Accrued payroll related items 8,318us-gaap_EmployeeRelatedLiabilitiesCurrent 11,241us-gaap_EmployeeRelatedLiabilitiesCurrent
Derivative liabilities 7,120us-gaap_DerivativeLiabilitiesCurrent 6,901us-gaap_DerivativeLiabilitiesCurrent
Other current liabilities 10,511us-gaap_OtherLiabilitiesCurrent 13,931us-gaap_OtherLiabilitiesCurrent
Total Current Liabilities 71,691us-gaap_LiabilitiesCurrent 89,996us-gaap_LiabilitiesCurrent
Other Credits:    
Deferred income taxes 342,400us-gaap_DeferredTaxLiabilitiesNoncurrent 342,045us-gaap_DeferredTaxLiabilitiesNoncurrent
Investment tax credit - deferred 1,179us-gaap_AccumulatedDeferredInvestmentTaxCredit 1,223us-gaap_AccumulatedDeferredInvestmentTaxCredit
Regulatory liabilities 23,981us-gaap_RegulatoryLiabilityNoncurrent 22,715us-gaap_RegulatoryLiabilityNoncurrent
Accrued pension and other postretirement benefits 79,742us-gaap_PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent 90,201us-gaap_PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
Derivative liabilities 46,319us-gaap_DerivativeLiabilitiesNoncurrent 46,560us-gaap_DerivativeLiabilitiesNoncurrent
Other deferred liabilities and other 57,017us-gaap_OtherLiabilitiesNoncurrent 50,269us-gaap_OtherLiabilitiesNoncurrent
Total Other Credits 550,638us-gaap_LiabilitiesNoncurrent 553,013us-gaap_LiabilitiesNoncurrent
Capitalization:    
Common shareholders equity 667,658us-gaap_StockholdersEquity 659,401us-gaap_StockholdersEquity
Long-term debt 394,204us-gaap_LongTermDebtNoncurrent 395,256us-gaap_LongTermDebtNoncurrent
Total Capitalization 1,061,862us-gaap_CapitalizationLongtermDebtAndEquity 1,054,657us-gaap_CapitalizationLongtermDebtAndEquity
Commitments and contingencies (see Footnote 8)      
Total Liabilities and Capitalization 1,684,191us-gaap_LiabilitiesAndStockholdersEquity 1,697,666us-gaap_LiabilitiesAndStockholdersEquity
MGE [Member]    
Current Assets:    
Cash and cash equivalents 17,156us-gaap_CashAndCashEquivalentsAtCarryingValue
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
4,562us-gaap_CashAndCashEquivalentsAtCarryingValue
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Accounts receivable, less reserves 43,861us-gaap_AccountsReceivableNetCurrent
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
41,614us-gaap_AccountsReceivableNetCurrent
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Affiliate receivables 568us-gaap_DueFromAffiliateCurrent
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
7,112us-gaap_DueFromAffiliateCurrent
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Other accounts receivables, less reserves 6,346us-gaap_OtherReceivablesNetCurrent
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
7,524us-gaap_OtherReceivablesNetCurrent
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Unbilled revenues 25,366mgee_UnbilledRevenues
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
31,262mgee_UnbilledRevenues
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Materials and supplies, at average cost 18,027us-gaap_OtherInventorySupplies
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
17,121us-gaap_OtherInventorySupplies
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Fossil fuel 14,418us-gaap_EnergyRelatedInventoryOtherFossilFuel
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
8,098us-gaap_EnergyRelatedInventoryOtherFossilFuel
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Stored natural gas, at average cost 8,398us-gaap_EnergyRelatedInventoryGasStoredUnderground
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
21,035us-gaap_EnergyRelatedInventoryGasStoredUnderground
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Prepaid taxes 36,755us-gaap_PrepaidTaxes
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
39,103us-gaap_PrepaidTaxes
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Regulatory assets - current 7,537us-gaap_RegulatoryAssetsCurrent
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
8,360us-gaap_RegulatoryAssetsCurrent
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Deferred income taxes - current 0us-gaap_DeferredTaxAssetsLiabilitiesNetCurrent
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
1,271us-gaap_DeferredTaxAssetsLiabilitiesNetCurrent
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Other current assets 10,203us-gaap_OtherAssetsCurrent
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
10,683us-gaap_OtherAssetsCurrent
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Total Current Assets 188,635us-gaap_AssetsCurrent
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
197,745us-gaap_AssetsCurrent
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Affiliate receivable long-term 5,163us-gaap_DueFromAffiliateNoncurrent
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
5,295us-gaap_DueFromAffiliateNoncurrent
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Regulatory assets 155,473us-gaap_RegulatoryAssetsNoncurrent
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
156,823us-gaap_RegulatoryAssetsNoncurrent
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Other deferred assets and other 7,953us-gaap_OtherAssetsNoncurrent
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
4,977us-gaap_OtherAssetsNoncurrent
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Property, Plant, and Equipment:    
Property, plant, and equipment, net 1,188,392mgee_PropertyPlantAndEquipmentNetBeforeConstructionInProgress
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
1,188,351mgee_PropertyPlantAndEquipmentNetBeforeConstructionInProgress
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Construction work in progress 21,322us-gaap_ConstructionInProgressGross
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
19,029us-gaap_ConstructionInProgressGross
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Total Property, Plant, and Equipment 1,209,714us-gaap_PropertyPlantAndEquipmentNet
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
1,207,380us-gaap_PropertyPlantAndEquipmentNet
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Investments 68,904us-gaap_Investments
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
68,402us-gaap_Investments
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Total Assets 1,635,842us-gaap_Assets
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
1,640,622us-gaap_Assets
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Current Liabilities:    
Long-term debt due within one year 4,203us-gaap_LongTermDebtCurrent
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
4,182us-gaap_LongTermDebtCurrent
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Short-term debt 0us-gaap_ShortTermBorrowings
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
7,000us-gaap_ShortTermBorrowings
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Accounts payable 37,540us-gaap_AccountsPayableCurrent
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
41,654us-gaap_AccountsPayableCurrent
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Accrued interest and taxes 3,954mgee_Accruedinterestandtaxes
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
5,039mgee_Accruedinterestandtaxes
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Accrued payroll related items 8,318us-gaap_EmployeeRelatedLiabilitiesCurrent
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
11,241us-gaap_EmployeeRelatedLiabilitiesCurrent
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Deferred income taxes 898us-gaap_DeferredTaxLiabilitiesCurrent
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
0us-gaap_DeferredTaxLiabilitiesCurrent
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Derivative liabilities 7,120us-gaap_DerivativeLiabilitiesCurrent
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
6,901us-gaap_DerivativeLiabilitiesCurrent
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Other current liabilities 10,159us-gaap_OtherLiabilitiesCurrent
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
11,350us-gaap_OtherLiabilitiesCurrent
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Total Current Liabilities 72,192us-gaap_LiabilitiesCurrent
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
87,367us-gaap_LiabilitiesCurrent
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Other Credits:    
Deferred income taxes 335,002us-gaap_DeferredTaxLiabilitiesNoncurrent
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
334,773us-gaap_DeferredTaxLiabilitiesNoncurrent
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Investment tax credit - deferred 1,179us-gaap_AccumulatedDeferredInvestmentTaxCredit
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
1,223us-gaap_AccumulatedDeferredInvestmentTaxCredit
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Regulatory liabilities 23,981us-gaap_RegulatoryLiabilityNoncurrent
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
22,715us-gaap_RegulatoryLiabilityNoncurrent
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Accrued pension and other postretirement benefits 79,742us-gaap_PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
90,201us-gaap_PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Derivative liabilities 46,319us-gaap_DerivativeLiabilitiesNoncurrent
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
46,560us-gaap_DerivativeLiabilitiesNoncurrent
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Other deferred liabilities and other 57,016us-gaap_OtherLiabilitiesNoncurrent
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
50,267us-gaap_OtherLiabilitiesNoncurrent
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Total Other Credits 543,239us-gaap_LiabilitiesNoncurrent
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
545,739us-gaap_LiabilitiesNoncurrent
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Capitalization:    
Common shareholders equity 498,105us-gaap_StockholdersEquity
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
486,571us-gaap_StockholdersEquity
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Noncontrolling interest 128,102us-gaap_MinorityInterest
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
125,689us-gaap_MinorityInterest
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Total Equity 626,207us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
612,260us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Long-term debt 394,204us-gaap_LongTermDebtNoncurrent
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
395,256us-gaap_LongTermDebtNoncurrent
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Total Capitalization 1,020,411us-gaap_CapitalizationLongtermDebtAndEquity
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
1,007,516us-gaap_CapitalizationLongtermDebtAndEquity
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Commitments and contingencies (see Footnote 8)      
Total Liabilities and Capitalization $ 1,635,842us-gaap_LiabilitiesAndStockholdersEquity
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
$ 1,640,622us-gaap_LiabilitiesAndStockholdersEquity
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember