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Segment Information (Tables)
6 Months Ended
Jun. 30, 2020
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

 

Nonregulated Energy

 

Transmission Investment

 

All Others

 

Consolidation/ Elimination

 

Consolidated Total

Three Months Ended June 30, 2020

 

 

 

 

 

 

 

 

 

 

 

 

Operating revenues from external customers

$

93,747

$

23,079

$

214

$

-

$

-

$

-

$

117,040

Interdepartmental revenues

 

185

 

2,355

 

10,089

 

-

 

-

 

(12,629)

 

-

Total operating revenues

 

93,932

 

25,434

 

10,303

 

-

 

-

 

(12,629)

 

117,040

Equity in earnings of investments

 

-

 

-

 

-

 

3,141

 

-

 

-

 

3,141

Net income

 

10,216

 

960

 

5,225

 

2,285

 

105

 

-

 

18,791

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30, 2019

 

 

 

 

 

 

 

 

 

 

 

 

Operating revenues from external customers

$

96,863

$

25,070

$

214

$

-

$

-

$

-

$

122,147

Interdepartmental revenues

 

198

 

1,929

 

9,995

 

-

 

-

 

(12,122)

 

-

Total operating revenues

 

97,061

 

26,999

 

10,209

 

-

 

-

 

(12,122)

 

122,147

Equity in earnings of investments

 

-

 

-

 

-

 

2,267

 

-

 

-

 

2,267

Net income (loss)

 

7,876

 

951

 

5,116

 

1,648

 

(43)

 

-

 

15,548

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30, 2020

 

 

 

 

 

 

 

 

 

 

 

 

Operating revenues from external customers

$

186,737

$

79,924

$

252

$

-

$

-

$

-

$

266,913

Interdepartmental revenues

 

375

 

5,806

 

20,146

 

-

 

-

 

(26,327)

 

-

Total operating revenues

 

187,112

 

85,730

 

20,398

 

-

 

-

 

(26,327)

 

266,913

Equity in earnings of investments

 

-

 

-

 

-

 

5,427

 

-

 

-

 

5,427

Net income (loss)

 

21,679

 

8,994

 

10,285

 

3,948

 

(78)

 

-

 

44,828

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30, 2019

 

 

 

 

 

 

 

 

 

 

 

 

Operating revenues from external customers

$

194,279

$

95,170

$

267

$

-

$

-

$

-

$

289,716

Interdepartmental revenues

 

397

 

6,891

 

19,968

 

-

 

-

 

(27,256)

 

-

Total operating revenues

 

194,676

 

102,061

 

20,235

 

-

 

-

 

(27,256)

 

289,716

Equity in earnings of investments

 

-

 

-

 

-

 

4,436

 

-

 

-

 

4,436

Net income

 

17,226

 

8,710

 

10,077

 

3,226

 

315

 

-

 

39,554

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

(In thousands)

MGE

 

Electric

 

Gas

 

Nonregulated Energy

 

Consolidation/ Elimination

 

Consolidated Total

 

Three Months Ended June 30, 2020

 

 

 

 

 

 

 

 

 

Operating revenues from external customers

$

93,747

$

23,079

$

214

$

-

$

117,040

 

Interdepartmental revenues

 

185

 

2,355

 

10,089

 

(12,629)

 

-

 

Total operating revenues

 

93,932

 

25,434

 

10,303

 

(12,629)

 

117,040

 

Net income attributable to MGE

 

10,216

 

960

 

5,225

 

(5,768)

 

10,633

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30, 2019

 

 

 

 

 

 

 

 

 

Operating revenues from external customers

$

96,863

$

25,070

$

214

$

-

$

122,147

 

Interdepartmental revenues

 

198

 

1,929

 

9,995

 

(12,122)

 

-

 

Total operating revenues

 

97,061

 

26,999

 

10,209

 

(12,122)

 

122,147

 

Net income attributable to MGE

 

7,876

 

951

 

5,116

 

(5,621)

 

8,322

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30, 2020

 

 

 

 

 

 

 

 

 

Operating revenues from external customers

$

186,737

$

79,924

$

252

$

-

$

266,913

 

Interdepartmental revenues

 

375

 

5,806

 

20,146

 

(26,327)

 

-

 

Total operating revenues

 

187,112

 

85,730

 

20,398

 

(26,327)

 

266,913

 

Net income attributable to MGE

 

21,679

 

8,994

 

10,285

 

(11,261)

 

29,697

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30, 2019

 

 

 

 

 

 

 

 

 

Operating revenues from external customers

$

194,279

$

95,170

$

267

$

-

$

289,716

 

Interdepartmental revenues

 

397

 

6,891

 

19,968

 

(27,256)

 

-

 

Total operating revenues

 

194,676

 

102,061

 

20,235

 

(27,256)

 

289,716

 

Net income attributable to MGE

 

17,226

 

8,710

 

10,077

 

(11,111)

 

24,902