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MGE Energy Inc Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Operating Revenues:      
Electric revenues $ 410,202 $ 420,291 $ 398,132
Gas revenues 134,543 143,737 221,720
Total Operating Revenues 544,745 564,028 619,852
Operating Expenses:      
Fuel for electric generation 60,736 53,858 42,828
Purchased power 56,313 81,224 73,232
Cost of gas sold 66,771 76,109 143,644
Other operations and maintenance 167,989 164,478 161,703
Depreciation and amortization 44,646 44,225 40,695
Other general taxes 20,062 19,879 19,652
Total Operating Expenses 416,517 439,773 481,754
Operating Income (Loss) 128,228 124,255 138,098
Other income, net 9,711 8,613 10,079
Interest expense, net (19,866) (20,162) (19,673)
Income before income taxes 118,073 112,706 128,504
Income tax provision (42,513) (41,363) (48,185)
Net Income $ 75,560 $ 71,343 $ 80,319
Earnings Per Share of Common Stock (basic and diluted) $ 2.18 $ 2.06 $ 2.32
Dividends per share of common stock $ 1.21 $ 1.16 $ 1.11
Weighted Average Shares Outstanding (basic and diluted) 34,668 34,668 34,668