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MGE Energy Inc Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Operating Activities:      
Net Income $ 75,560 $ 71,343 $ 80,319
Items not affecting cash:      
Depreciation and amortization 44,646 44,225 40,695
Deferred income taxes 22,421 21,927 49,884
Provision for doubtful receivables 1,196 596 1,898
Employee benefit plan expenses 295 3,333 (1,080)
Equity earnings in ATC (8,428) (7,728) (9,150)
Other items 1,426 721 729
Changes in working capital items:      
Trade and other receivables (change) (5,666) 4,508 2,115
Inventories (change) 7,273 (2,646) (10,399)
Unbilled revenues (change) (4,838) 6,254 720
Prepaid taxes (change) 8,616 3,658 (19,804)
Other current assets (change) 700 978 (5,693)
Accounts payable (change) 9,881 (3,499) 2,756
Other current liabilities (change) (1,738) (597) (4,195)
Dividend income from ATC 7,926 6,645 7,740
Cash contributions to pension and other postretirement plans (14,452) (13,676) (3,321)
Other noncurrent items, net 2,695 5,143 (4,452)
Cash Provided by Operating Activities 147,513 141,185 128,762
Investing Activities:      
Capital expenditures (83,659) (72,030) (92,676)
Capital contributions to investments (2,958) (1,053) (2,185)
Other investing (209) (230) (1,297)
Cash Used for Investing Activities (86,826) (73,313) (96,158)
Financing Activities:      
Cash dividends paid on common stock (41,775) (40,043) (38,429)
Repayment of long-term debt (4,267) (4,182) (4,103)
(Decrease) increase in short-term debt 0 (7,000) 7,000
Other financing (70) (1,018) (130)
Cash Used for Financing Activities (46,112) (52,243) (35,662)
Change in cash and cash equivalents: 14,575 15,629 (3,058)
Cash and cash equivalents at beginning of period 81,384 65,755 68,813
Cash and cash equivalents at end of period 95,959 81,384 65,755
Supplemental disclosures of cash flow information:      
Interest paid 19,415 19,636 20,478
Income taxes paid 21,831 23,800 19,579
Income taxes received (10,000) (10,130) (644)
Significant noncash investing activities:      
Accrued capital expenditures $ 16,376 $ 3,963 $ 1,569