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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Operating Activities:    
Net Income $ 76,622 $ 70,212
Items not affecting cash:    
Depreciation and amortization 55,193 53,423
Deferred income taxes 8,464 4,864
Provision for doubtful receivables 1,078 978
Employee benefit plan credit (2,813) (2,866)
Equity earnings in investments (7,780) (6,879)
Other items 382 692
Changes in working capital items:    
Decrease in current assets 5,494 14,307
Decrease in current liabilities (8,808) (24,088)
Dividends from investments 6,929 5,526
Cash contributions to pension and other postretirement plans (4,576) (3,707)
Other noncurrent items, net 5,826 (760)
Cash Provided by Operating Activities 136,011 111,702
Investing Activities:    
Capital expenditures (139,055) (128,389)
Capital contributions to investments (4,007) (5,894)
Other (1,298) (248)
Cash Used for Investing Activities (144,360) (134,531)
Financing Activities:    
Issuance of common stock, net 79,635 0
Cash dividends paid on common stock (38,349) (35,622)
Repayments of long-term debt (22,784) (3,405)
Issuance of long-term debt 19,300 0
Net proceeds from short-term debt 0 41,500
Other (1,175) (1,331)
Cash Provided by Financing Activities 36,627 1,142
Change in cash, cash equivalents, and restricted cash 28,278 (21,687)
Cash, cash equivalents, and restricted cash at beginning of period 25,814 84,929
Cash, cash equivalents, and restricted cash at end of period 54,092 63,242
Significant noncash investing activities:    
Accrued capital expenditures 23,594 16,819
MGE [Member]    
Operating Activities:    
Net Income 71,191 64,764
Items not affecting cash:    
Depreciation and amortization 55,193 53,423
Deferred income taxes 7,334 3,653
Provision for doubtful receivables 1,078 978
Employee benefit plan credit (2,813) (2,866)
Other items 1,234 1,653
Changes in working capital items:    
Decrease in current assets 3,352 14,236
Decrease in current liabilities (5,212) (22,234)
Cash contributions to pension and other postretirement plans (4,576) (3,707)
Other noncurrent items, net 5,090 (880)
Cash Provided by Operating Activities 131,871 109,020
Investing Activities:    
Capital expenditures (139,055) (128,389)
Other (1,512) (477)
Cash Used for Investing Activities (140,567) (128,866)
Financing Activities:    
Distributions to parent from noncontrolling interest (16,000) (17,000)
Capital contributions from parent 30,000 0
Repayments of long-term debt (22,784) (3,405)
Issuance of long-term debt 19,300 0
Net proceeds from short-term debt 0 41,500
Other (1,144) (1,133)
Cash Provided by Financing Activities 9,372 19,962
Change in cash, cash equivalents, and restricted cash 676 116
Cash, cash equivalents, and restricted cash at beginning of period 5,529 6,670
Cash, cash equivalents, and restricted cash at end of period 6,205 6,786
Significant noncash investing activities:    
Accrued capital expenditures $ 23,594 $ 16,819