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MGE Energy Inc Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Operating Revenues:        
Electric revenues $ 119,147 $ 123,364 $ 313,452 $ 325,027
Gas revenues 17,570 17,431 92,368 108,028
Total Operating Revenues 136,717 140,795 405,820 433,055
Operating Expenses:        
Fuel for electric generation 20,505 17,055 47,567 41,624
Purchased power 9,167 18,484 38,698 62,614
Cost of gas sold 4,314 4,299 43,247 57,868
Other operations and maintenance 40,146 38,721 123,839 120,895
Depreciation and amortization 11,212 11,182 33,358 33,026
Other general taxes 4,846 4,877 14,841 14,951
Total Operating Expenses 90,190 94,618 301,550 330,978
Operating Income 46,527 46,177 104,270 102,077
Other income, net 2,105 2,564 6,726 7,115
Interest expense, net (5,038) (5,036) (14,995) (15,135)
Income before income taxes 43,594 43,705 96,001 94,057
Income tax provision (15,714) (15,351) (34,943) (33,946)
Net Income $ 27,880 $ 28,354 $ 61,058 $ 60,111
Earnings Per Share of Common Stock (basic and diluted) $ 0.80 $ 0.82 $ 1.76 $ 1.73
Dividends per share of common stock $ 0.308 $ 0.295 $ 0.898 $ 0.860
Weighted Average Shares Outstanding (basic and diluted) 34,668 34,668 34,668 34,668