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MGE Energy Inc Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Operating Revenues:        
Regulated electric revenues $ 96,339 $ 90,834 $ 186,275 $ 176,841
Regulated gas revenues 18,629 25,062 75,648 102,499
Nonregulated revenues 2,253 1,363 4,557 2,524
Total Operating Revenues 117,221 117,259 266,480 281,864
Operating Expenses:        
Fuel for electric generation 11,481 11,599 20,332 22,648
Purchased power 17,314 14,392 36,860 31,973
Cost of gas sold 7,801 13,052 42,646 63,999
Other operations and maintenance 41,278 40,657 84,227 80,070
Depreciation and amortization 9,712 10,357 19,336 20,373
Other general taxes 4,554 4,005 9,554 8,706
Total Operating Expenses 92,140 94,062 212,955 227,769
Operating Income 25,081 23,197 53,525 54,095
Other income, net 2,549 2,153 5,119 4,539
Interest expense, net (4,764) (5,055) (9,868) (9,905)
Income before income taxes 22,866 20,295 48,776 48,729
Income tax provision (8,596) (7,572) (18,458) (18,223)
Net Income $ 14,270 $ 12,723 $ 30,318 $ 30,506
Earnings Per Share of Common Stock (basic and diluted) $ 0.62 $ 0.55 $ 1.31 $ 1.32
Dividends per share of common stock $ 0.383 $ 0.375 $ 0.766 $ 0.750
Average Shares Outstanding (basic and diluted) 23,114 23,114 23,114 23,114