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MGE Energy Inc Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Operating Revenues:    
Electric revenues $ 97,469 $ 94,867
Gas revenue 70,100 62,765
Total Operating Revenues 167,569 157,632
Operating Expenses:    
Fuel for electric generation 13,917 11,900
Purchased power 10,851 17,033
Cost of gas sold 43,253 39,626
Other operations and maintenance 46,934 44,393
Depreciation and amortization 17,139 13,623
Other general taxes 4,963 4,869
Total Operating Expenses 137,057 131,444
Operating Income 30,512 26,188
Other income, net 4,851 4,919
Interest expense, net (5,647) (4,739)
Income before income taxes 29,716 26,368
Income tax provision (5,709) (6,367)
Net Income $ 24,007 $ 20,001
Earnings Per Share of Common Stock (basic and diluted) $ 0.69 $ 0.58
Dividends per share of common stock $ 0.338 $ 0.323
Weighted Average Shares Outstanding (basic and diluted) 34,668 34,668