Segment Information (Tables)

12 Months Ended

Dec. 31, 2016

Segment Reporting [Abstract]

Segment Information

The following table shows segment information for MGE Energy's and MGE's operations:

(In thousands)MGE Energy		Electric		Gas		Non-Regulated Energy		Transmission Investment		All Others		Consolidation/ Elimination Entries		Consolidated Total
Year Ended December 31, 2016
Operating revenues	$	409,006	$	134,543	$	1,196	$	-	$	-	$	-	$	544,745
Interdepartmental revenues		1,912		21,378		43,930		-		-		(67,220)		-
Total operating revenues		410,918		155,921		45,126		-		-		(67,220)		544,745
Depreciation and amortization		(29,122)		(8,128)		(7,372)		-		(24)		-		(44,646)
Other operating expenses		(310,941)		(127,083)		(155)		(17)		(895)		67,220		(371,871)
Operating income (loss)		70,855		20,710		37,599		(17)		(919)		-		128,228
Other income, net		960		30		-		8,429		292		-		9,711
Interest (expense) income, net		(11,147)		(3,223)		(5,768)		-		272		-		(19,866)
Income (loss) before taxes		60,668		17,517		31,831		8,412		(355)		-		118,073
Income tax (provision) benefit		(20,115)		(6,894)		(12,775)		(2,836)		107		-		(42,513)
Net income (loss)	$	40,553	$	10,623	$	19,056	$	5,576	$	(248)	$	-	$	75,560
Year Ended December 31, 2015
Operating revenues	$	412,528	$	143,737	$	7,763	$	-	$	-	$	-	$	564,028
Interdepartmental revenues		513		11,780		39,435		-		-		(51,728)		-
Total operating revenues		413,041		155,517		47,198		-		-		(51,728)		564,028
Depreciation and amortization		(29,945)		(6,758)		(7,475)		-		(47)		-		(44,225)
Other operating expenses		(318,001)		(128,241)		(158)		(19)		(857)		51,728		(395,548)
Operating income (loss)		65,095		20,518		39,565		(19)		(904)		-		124,255
Other (deductions) income, net		400		(33)		-		7,728		518		-		8,613
Interest (expense) income, net		(11,187)		(3,203)		(5,993)		-		221		-		(20,162)
Income (loss) before taxes		54,308		17,282		33,572		7,709		(165)		-		112,706
Income tax (provision) benefit		(17,915)		(6,915)		(13,474)		(3,102)		43		-		(41,363)
Net income (loss)	$	36,393	$	10,367	$	20,098	$	4,607	$	(122)	$	-	$	71,343
Year Ended December 31, 2014
Operating revenues	$	394,849	$	221,720	$	3,283	$	-	$	-	$	-	$	619,852
Interdepartmental revenues		509		8,366		42,692		-		-		(51,567)		-
Total operating revenues		395,358		230,086		45,975		-		-		(51,567)		619,852
Depreciation and amortization		(26,933)		(6,308)		(7,407)		-		(47)		-		(40,695)
Other operating expenses		(297,409)		(194,203)		(139)		-		(875)		51,567		(441,059)
Operating income (loss)		71,016		29,575		38,429		-		(922)		-		138,098
Other (deductions) income, net		2,847		(86)		-		9,150		(1,832)		-		10,079
Interest (expense) income, net		(10,410)		(3,229)		(6,208)		-		174		-		(19,673)
Income (loss) before taxes		63,453		26,260		32,221		9,150		(2,580)		-		128,504
Income tax (provision) benefit		(22,070)		(10,480)		(12,932)		(3,664)		961		-		(48,185)
Net income (loss)	$	41,383	$	15,780	$	19,289	$	5,486	$	(1,619)	$	-	$	80,319

(In thousands)MGE		Electric		Gas		Non-Regulated Energy		Transmission Investment(b)		Consolidation/ Elimination Entries		Consolidated Total
Year Ended December 31, 2016
Operating revenues	$	409,030	$	134,572	$	1,196	$	-	$	-	$	544,798
Interdepartmental revenues		1,888		21,349		43,930		-		(67,167)		-
Total operating revenues		410,918		155,921		45,126		-		(67,167)		544,798
Depreciation and amortization		(29,122)		(8,128)		(7,372)		-		-		(44,622)
Other operating expenses(a)		(330,924)		(133,940)		(12,930)		-		67,167		(410,627)
Operating income(a)		50,872		13,853		24,824		-		-		89,549
Other (deductions) income, net(a)		828		(7)		-		4,360		-		5,181
Interest expense, net		(11,147)		(3,223)		(5,768)		-		-		(20,138)
Net income		40,553		10,623		19,056		4,360		-		74,592
Less: Net income attributable to
noncontrolling interest, net of tax		-		-		-		-		(23,358)		(23,358)
Net income attributable to MGE	$	40,553	$	10,623	$	19,056	$	4,360	$	(23,358)	$	51,234
Year Ended December 31, 2015
Operating revenues	$	412,550	$	143,752	$	7,763	$	-	$	-	$	564,065
Interdepartmental revenues		491		11,765		39,435		-		(51,691)		-
Total operating revenues		413,041		155,517		47,198		-		(51,691)		564,065
Depreciation and amortization		(29,945)		(6,758)		(7,475)		-		-		(44,178)
Other operating expenses(a)		(335,803)		(135,124)		(13,632)		(19)		51,691		(432,887)
Operating income (loss)(a)		47,293		13,635		26,091		(19)		-		87,000
Other (deductions) income, net(a)		287		(65)		-		4,626		-		4,848
Interest expense, net		(11,187)		(3,203)		(5,993)		-		-		(20,383)
Net income		36,393		10,367		20,098		4,607		-		71,465
Less: net income attributable to
noncontrolling interest, net of tax		-		-		-		-		(26,097)		(26,097)
Net income attributable to MGE	$	36,393	$	10,367	$	20,098	$	4,607	$	(26,097)	$	45,368
Year Ended December 31, 2014
Operating revenues	$	394,871	$	221,741	$	3,283	$	-	$	-	$	619,895
Interdepartmental revenues		487		8,345		42,692		-		(51,524)		-
Total operating revenues		395,358		230,086		45,975		-		(51,524)		619,895
Depreciation and amortization		(26,933)		(6,308)		(7,407)		-		-		(40,648)
Other operating expenses(a)		(319,175)		(204,597)		(13,071)		-		51,524		(485,319)
Operating income(a)		49,250		19,181		25,497		-		-		93,928
Other (deductions) income, net(a)		2,543		(172)		-		5,486		-		7,857
Interest expense, net		(10,410)		(3,229)		(6,208)		-		-		(19,847)
Net income		41,383		15,780		19,289		5,486		-		81,938
Less: Net income attributable to
noncontrolling interest, net of tax		-		-		-		-		(26,310)		(26,310)
Net income attributable to MGE	$	41,383	$	15,780	$	19,289	$	5,486	$	(26,310)	$	55,628
(a) Amounts are shown net of the related tax expense, consistent with the presentation on the MGE Consolidated Statements of Income.
(b) As of July 31, 2016, MGE no longer consolidates MGE Energy's proportionate share of equity earnings in MGE Transco.
See Footnote 4 for additional information.

The following table shows segment information for MGE Energy's and MGE's assets and capital expenditures:
		Utility						Consolidated
(In thousands) MGE Energy		Electric		Gas		Assets not Allocated		Non-regulated Energy		Transmission Investment		All Others		Consolidation/ Elimination Entries		Total
Assets:
December 31, 2016	$	1,021,905	$	318,603	$	27,338	$	271,277	$	74,535	$	465,202	$	(377,800)	$	1,801,060
December 31, 2015(c)		974,235		298,435		49,753		277,858		69,470		434,868		(378,216)		1,726,403
December 31, 2014(c)		945,790		306,106		41,124		280,542		67,697		438,898		(390,636)		1,689,521
Capital Expenditures:
Year ended Dec. 31, 2016	$	50,699	$	29,136	$	-	$	3,824	$	-	$	-	$	-	$	83,659
Year ended Dec. 31, 2015		49,370		18,787		-		3,873		-		-		-		72,030
Year ended Dec. 31, 2014		68,067		22,104		-		2,505		-		-		-		92,676

		Utility						Consolidated
(In thousands)MGE		Electric		Gas		Assets not Allocated		Non-regulated Energy		Transmission Investment(d)		Consolidation/ Elimination Entries		Total
Assets:
December 31, 2016	$	1,021,905	$	318,603	$	27,338	$	271,227	$	-	$	(221)	$	1,638,852
December 31, 2015(c)		974,235		298,435		49,753		277,808		69,470		(187)		1,669,514
December 31, 2014(c)		945,790		306,106		41,124		280,492		67,697		(6,521)		1,634,688
Capital Expenditures:
Year ended Dec. 31, 2016	$	50,699	$	29,136	$	-	$	3,824	$	-	$	-	$	83,659
Year ended Dec. 31, 2015		49,370		18,787		-		3,873		-		-		72,030
Year ended Dec. 31, 2014		68,067		22,104		-		2,505		-		-		92,676
(c) Reflects retrospective application of new accounting pronouncement related to debt issuance costs, see Footnote 19 for additional information.
(d) In December 2016, MGE's ownership interest in MGE Transco was transferred to MGE Energy, see Footnote 4 for additional information.