Segment Information

6 Months Ended

Jun. 30, 2011

Segment Information Disclosure [Abstract]

Segment Information

15.       Segment Information - MGE Energy and MGE.

MGE Energy operates in the following business segments: electric utility, gas utility, nonregulated energy, transmission investment, and all other. See MGE Energy's and MGE's 2010 Annual Report on Form 10-K for additional discussion of each of these segments.

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

(In thousands)						Non-						Consolidation/
MGE Energy						Regulated		Transmission		All		Elimination		Consolidated
		Electric		Gas		Energy		Investment		Others		Entries		Total
Three Months Ended June 30, 2011
Operating revenues	$	90,834	$	25,062	$	1,363	$	0	$	0	$	0	$	117,259
Interdepartmental revenues		121		2,173		9,581		0		0		(11,875)		0
Total operating revenues		90,955		27,235		10,944		0		0		(11,875)		117,259
Depreciation and amortization		(7,052)		(1,532)		(1,773)		0		0		0		(10,357)
Other operating expenses		(69,522)		(25,717)		(55)		0		(286)		11,875		(83,705)
Operating income (loss)		14,381		(14)		9,116		0		(286)		0		23,197
Other (deductions) income, net		(124)		(35)		-		2,170		142		0		2,153
Interest (expense) income, net		(2,653)		(748)		(1,669)		0		15		0		(5,055)
Income (loss) before taxes		11,604		(797)		7,447		2,170		(129)		0		20,295
Income tax (provision) benefit		(4,121)		366		(2,990)		(870)		43		0		(7,572)
Net income (loss)	$	7,483	$	(431)	$	4,457	$	1,300	$	(86)	$	0	$	12,723
Three Months Ended June 30, 2010
Operating revenues	$	87,438	$	20,290	$	1,354	$	0	$	0	$	0	$	109,082
Interdepartmental revenues		127		1,543		7,144		0		0		(8,814)		0
Total operating revenues		87,565		21,833		8,498		0		0		(8,814)		109,082
Depreciation and amortization		(6,829)		(1,291)		(1,361)		0		0		0		(9,481)
Other operating expenses		(66,399)		(21,628)		(36)		0		(230)		8,814		(79,479)
Operating income (loss)		14,337		(1,086)		7,101		0		(230)		0		20,122
Other (deductions) income, net		(112)		(32)		0		2,098		(7)		0		1,947
Interest expense, net		(2,576)		(727)		(689)		0		(53)		0		(4,045)
Income (loss) before taxes		11,649		(1,845)		6,412		2,098		(290)		0		18,024
Income tax (provision) benefit		(4,003)		860		(2,604)		(842)		117		0		(6,472)
Net income (loss)	$	7,646	$	(985)	$	3,808	$	1,256	$	(173)	$	0	$	11,552
Six Months Ended June 30, 2011
Operating revenues	$	176,841	$	102,499	$	2,524	$	0	$	0	$	0	$	281,864
Interdepartmental revenues		228		3,164		18,977		0		0		(22,369)		0
Total operating revenues		177,069		105,663		21,501		0		0		(22,369)		281,864
Depreciation and amortization		(14,029)		(2,869)		(3,475)		0		0		0		(20,373)
Other operating expenses		(140,438)		(88,770)		(94)		0		(463)		22,369		(207,396)
Operating income (loss)		22,602		14,024		17,932		0		(463)		0		54,095
Other income, net		33		9		0		4,267		230		0		4,539
Interest expense, net		(5,353)		(1,509)		(3,017)		0		(26)		0		(9,905)
Income (loss) before taxes		17,282		12,524		14,915		4,267		(259)		0		48,729
Income tax (provision) benefit		(5,722)		(4,882)		(5,987)		(1,722)		90		0		(18,223)
Net income (loss)	$	11,560	$	7,642	$	8,928	$	2,545	$	(169)	$	0	$	30,506
Six Months Ended June 30, 2010
Operating revenues	$	169,432	$	96,837	$	2,456	$	0	$	0	$	0	$	268,725
Interdepartmental revenues		237		5,844		14,620		0		0		(20,701)		0
Total operating revenues		169,669		102,681		17,076		0		0		(20,701)		268,725
Depreciation and amortization		(13,632)		(2,575)		(2,496)		0		0		0		(18,703)
Other operating expenses		(138,805)		(89,606)		(66)		0		(349)		20,701		(208,125)
Operating income (loss)		17,232		10,500		14,514		0		(349)		0		41,897
Other (deductions) income, net		1,937		546		(104)		4,283		6		0		6,668
Interest (expense) income, net		(5,228)		(1,475)		(1,376)		0		126		0		(7,953)
Income (loss) before taxes		13,941		9,571		13,034		4,283		(217)		0		40,612
Income tax (provision) benefit		(4,301)		(3,641)		(5,220)		(1,719)		81		0		(14,800)
Net income (loss)	$	9,640	$	5,930	$	7,814	$	2,564	$	(136)	$	0	$	25,812

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

(In thousands)						Non-				Consolidation/
MGE						Regulated		Transmission		Elimination		Consolidated
		Electric		Gas		Energy		Investment		Entries		Total
Three Months Ended June 30, 2011
Operating revenues	$	90,834	$	25,062	$	1,363	$	0	$	0	$	117,259
Interdepartmental revenues		121		2,173		9,581		0		(11,875)		0
Total operating revenues		90,955		27,235		10,944		0		(11,875)		117,259
Depreciation and amortization		(7,052)		(1,532)		(1,773)		0		0		(10,357)
Other operating expenses*		(73,581)		(25,333)		(3,044)		0		11,875		(90,083)
Operating income*		10,322		370		6,127		0		0		16,819
Other (deductions) income, net*		(185)		(52)		0		1,299		0		1,062
Interest expense, net		(2,653)		(748)		(1,669)		0		0		(5,070)
Net income (loss)		7,484		(430)		4,458		1,299		0		12,811
Less: Net income attributable to
noncontrolling interest, net of tax		0		0		0		0		(5,992)		(5,992)
Net income (loss) attributable to MGE	$	7,484	$	(430)	$	4,458	$	1,299	$	(5,992)	$	6,819
Three Months Ended June 30, 2010
Operating revenues	$	87,438	$	20,290	$	1,354	$	0	$	0	$	109,082
Interdepartmental revenues		127		1,543		7,144		0		(8,814)		0
Total operating revenues		87,565		21,833		8,498		0		(8,814)		109,082
Depreciation and amortization		(6,829)		(1,291)		(1,361)		0		0		(9,481)
Other operating expenses*		(70,417)		(20,772)		(2,640)		0		8,814		(85,015)
Operating income (loss)*		10,319		(230)		4,497		0		0		14,586
Other (deductions) income, net*		(97)		(28)		0		1,256		0		1,131
Interest expense, net		(2,576)		(727)		(689)		0		0		(3,992)
Net income (loss)		7,646		(985)		3,808		1,256		0		11,725
Less: net income attributable to
noncontrolling interest, net of tax		0		0		0		0		(4,900)		(4,900)
Net income (loss) attributable to MGE	$	7,646	$	(985)	$	3,808	$	1,256	$	(4,900)	$	6,825
Six Months Ended June 30, 2011
Operating revenues	$	176,841	$	102,499	$	2,524	$	0	$	0	$	281,864
Interdepartmental revenues		228		3,164		18,977		0		(22,369)		0
Total operating revenues		177,069		105,663		21,501		0		(22,369)		281,864
Depreciation and amortization		(14,029)		(2,869)		(3,475)		0		0		(20,373)
Other operating expenses*		(146,132)		(93,644)		(6,080)		0		22,369		(223,487)
Operating income*		16,908		9,150		11,946		0		0		38,004
Other income, net *		6		2		0		2,545		0		2,553
Interest expense, net		(5,353)		(1,509)		(3,017)		0		0		(9,879)
Net income		11,561		7,643		8,929		2,545		0		30,678
Less: Net income attributable to
noncontrolling interest, net of tax		0		0		0		0		(11,925)		(11,925)
Net income attributable to MGE	$	11,561	$	7,643	$	8,929	$	2,545	$	(11,925)	$	18,753
Six Months Ended June 30, 2010
Operating revenues	$	169,432	$	96,837	$	2,456	$	0	$	0	$	268,725
Interdepartmental revenues		237		5,844		14,620		0		(20,701)		0
Total operating revenues		169,669		102,681		17,076		0		(20,701)		268,725
Depreciation and amortization		(13,632)		(2,575)		(2,496)		0		0		(18,703)
Other operating expenses*		(142,281)		(93,014)		(5,286)		0		20,701		(219,880)
Operating income*		13,756		7,092		9,294		0		0		30,142
Other (deductions) income, net*		1,112		313		(104)		2,564		0		3,885
Interest expense, net		(5,228)		(1,475)		(1,376)		0		0		(8,079)
Net income		9,640		5,930		7,814		2,564		0		25,948
Less: net income attributable to
noncontrolling interest, net of tax		0		0		0		0		(9,996)		(9,996)
Net income attributable to MGE	$	9,640	$	5,930	$	7,814	$	2,564	$	(9,996)	$	15,952
*Amounts are shown net of the related tax expense, consistent with the presentation on the consolidated MGE Income Statement.