Segment Information (Tables)

3 Months Ended

Mar. 31, 2017

Segment Reporting [Abstract]

Segment Information

The following tables show segment information for MGE Energy's operations for the indicated periods:

(In thousands)MGE Energy		Electric		Gas		Non-regulated Energy		Transmission Investment		All Others		Consolidation/ Elimination Entries		Consolidated Total
Three Months Ended March 31, 2017
Operating revenues	$	98,324	$	58,426	$	73	$	-	$	-	$	-	$	156,823
Interdepartmental revenues		(105)		4,394		11,070		-		-		(15,359)		-
Total operating revenues		98,219		62,820		11,143		-		-		(15,359)		156,823
Depreciation and amortization		(8,900)		(2,213)		(1,846)		-		-		-		(12,959)
Other operating expenses		(75,326)		(50,577)		(41)		-		(369)		15,359		(110,954)
Operating income (loss)		13,993		10,030		9,256		-		(369)		-		32,910
Other income (deductions), net		190		5		-		2,478		(222)		-		2,451
Interest (expense) income, net		(2,776)		(799)		(1,407)		-		88		-		(4,894)
Income (loss) before taxes		11,407		9,236		7,849		2,478		(503)		-		30,467
Income tax (provision) benefit		(3,454)		(3,704)		(3,151)		(997)		139		-		(11,167)
Net income (loss)	$	7,953	$	5,532	$	4,698	$	1,481	$	(364)	$	-	$	19,300
Three Months Ended March 31, 2016
Operating revenues	$	93,208	$	53,837	$	482	$	-	$	-	$	-	$	147,527
Interdepartmental revenues		456		5,097		10,977		-		-		(16,530)		-
Total operating revenues		93,664		58,934		11,459		-		-		(16,530)		147,527
Depreciation and amortization		(7,163)		(1,981)		(1,876)		-		(12)		-		(11,032)
Other operating expenses		(75,379)		(47,741)		(47)		(1)		(326)		16,530		(106,964)
Operating income (loss)		11,122		9,212		9,536		(1)		(338)		-		29,531
Other income (deductions), net		196		(8)		-		2,233		21		-		2,442
Interest (expense) income, net		(2,790)		(808)		(1,463)		-		61		-		(5,000)
Income (loss) before taxes		8,528		8,396		8,073		2,232		(256)		-		26,973
Income tax (provision) benefit		(2,536)		(3,359)		(3,240)		(897)		87		-		(9,945)
Net income (loss)	$	5,992	$	5,037	$	4,833	$	1,335	$	(169)	$	-	$	17,028

The following tables show segment information for MGE's operations for the indicated periods:

(In thousands)MGE		Electric		Gas		Non-regulated Energy		Transmission Investment(b)		Consolidation/ Elimination Entries		Consolidated Total
Three Months Ended March 31, 2017
Operating revenues	$	98,328	$	58,435	$	73	$	-	$	-	$	156,836
Interdepartmental revenues		(109)		4,385		11,070		-		(15,346)		-
Total operating revenues		98,219		62,820		11,143		-		(15,346)		156,836
Depreciation and amortization		(8,900)		(2,213)		(1,846)		-		-		(12,959)
Other operating expenses(a)		(78,746)		(54,271)		(3,192)		-		15,346		(120,863)
Operating income(a)		10,573		6,336		6,105		-		-		23,014
Other income (deductions), net(a)		156		(5)		-		-		-		151
Interest expense, net		(2,776)		(799)		(1,407)		-		-		(4,982)
Net income		7,953		5,532		4,698		-		-		18,183
Less: Net income attributable to
noncontrolling interest, net of tax		-		-		-		-		(5,389)		(5,389)
Net income attributable to MGE	$	7,953	$	5,532	$	4,698	$	-	$	(5,389)	$	12,794
Three Months Ended March 31, 2016
Operating revenues	$	93,214	$	53,847	$	482	$	-	$	-	$	147,543
Interdepartmental revenues		450		5,087		10,977		-		(16,514)		-
Total operating revenues		93,664		58,934		11,459		-		(16,514)		147,543
Depreciation and amortization		(7,163)		(1,981)		(1,876)		-		-		(11,020)
Other operating expenses(a)		(77,879)		(51,091)		(3,287)		(1)		16,514		(115,744)
Operating income (loss)(a)		8,622		5,862		6,296		(1)		-		20,779
Other income (deductions), net(a)		160		(17)		-		1,336		-		1,479
Interest expense, net		(2,790)		(808)		(1,463)		-		-		(5,061)
Net income		5,992		5,037		4,833		1,335		-		17,197
Less: Net income attributable to
noncontrolling interest, net of tax		-		-		-		-		(6,252)		(6,252)
Net income attributable to MGE	$	5,992	$	5,037	$	4,833	$	1,335	$	(6,252)	$	10,945
(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 3 for additional information.