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MGE Energy Inc Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Operating Revenues:    
Electric revenues $ 93,690 $ 100,206
Gas revenues 53,837 69,928
Total Operating Revenues 147,527 170,134
Operating Expenses:    
Fuel for electric generation 12,013 11,892
Purchased power 14,670 22,865
Cost of gas sold 32,523 46,919
Other operations and maintenance 42,730 40,674
Depreciation and amortization 11,032 10,849
Other general taxes 5,028 5,084
Total Operating Expenses 117,996 138,283
Operating Income 29,531 31,851
Other income, net 2,442 2,105
Interest expense, net (5,000) (5,091)
Income before income taxes 26,973 28,865
Income tax provision (9,945) (10,587)
Net Income $ 17,028 $ 18,278
Earnings Per Share of Common Stock (basic and diluted) $ 0.49 $ 0.53
Dividends per share of common stock $ 0.295 $ 0.283
Weighted Average Shares Outstanding (basic and diluted) 34,668 34,668