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Segment Information (Tables)
9 Months Ended
Sep. 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 September 30, 2020

 

 

 

 

 

 

 

 

 

 

 

 

Operating revenues from external customers

$

116,354

$

18,643

$

214

$

-

$

-

$

-

$

135,211

Interdepartmental revenues

 

209

 

3,494

 

10,102

 

-

 

-

 

(13,805)

 

-

Total operating revenues

 

116,563

 

22,137

 

10,316

 

-

 

-

 

(13,805)

 

135,211

Equity in earnings of investments

 

-

 

-

 

-

 

2,353

 

-

 

-

 

2,353

Net income (loss)

 

24,761

 

221

 

5,251

 

1,710

 

(149)

 

-

 

31,794

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30, 2019

 

 

 

 

 

 

 

 

 

 

 

 

Operating revenues from external customers

$

120,607

$

17,377

$

214

$

-

$

-

$

-

$

138,198

Interdepartmental revenues

 

225

 

5,679

 

10,019

 

-

 

-

 

(15,923)

 

-

Total operating revenues

 

120,832

 

23,056

 

10,233

 

-

 

-

 

(15,923)

 

138,198

Equity in earnings of investments

 

-

 

-

 

-

 

2,372

 

-

 

-

 

2,372

Net income (loss)

 

23,681

 

(61)

 

5,131

 

1,726

 

180

 

-

 

30,657

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended September 30, 2020

 

 

 

 

 

 

 

 

 

 

 

 

Operating revenues from external customers

$

303,090

$

98,568

$

466

$

-

$

-

$

-

$

402,124

Interdepartmental revenues

 

584

 

9,300

 

30,248

 

-

 

-

 

(40,132)

 

-

Total operating revenues

 

303,674

 

107,868

 

30,714

 

-

 

-

 

(40,132)

 

402,124

Equity in earnings of investments

 

-

 

-

 

-

 

7,780

 

-

 

-

 

7,780

Net income (loss)

 

46,439

 

9,216

 

15,536

 

5,659

 

(228)

 

-

 

76,622

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended September 30, 2019

 

 

 

 

 

 

 

 

 

 

 

 

Operating revenues from external customers

$

314,886

$

112,547

$

481

$

-

$

-

$

-

$

427,914

Interdepartmental revenues

 

622

 

12,571

 

29,987

 

-

 

-

 

(43,180)

 

-

Total operating revenues

 

315,508

 

125,118

 

30,468

 

-

 

-

 

(43,180)

 

427,914

Equity in earnings of investments

 

-

 

-

 

-

 

6,808

 

-

 

-

 

6,808

Net income

 

40,905

 

8,648

 

15,211

 

4,952

 

496

 

-

 

70,212

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 September 30, 2020

 

 

 

 

 

 

 

 

 

Operating revenues from external customers

$

116,354

$

18,643

$

214

$

-

$

135,211

 

Interdepartmental revenues

 

209

 

3,494

 

10,102

 

(13,805)

 

-

 

Total operating revenues

 

116,563

 

22,137

 

10,316

 

(13,805)

 

135,211

 

Net income attributable to MGE

 

24,761

 

221

 

5,251

 

(5,493)

 

24,740

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30, 2019

 

 

 

 

 

 

 

 

 

Operating revenues from external customers

$

120,607

$

17,377

$

214

$

-

$

138,198

 

Interdepartmental revenues

 

225

 

5,679

 

10,019

 

(15,923)

 

-

 

Total operating revenues

 

120,832

 

23,056

 

10,233

 

(15,923)

 

138,198

 

Net income (loss) attributable to MGE

 

23,681

 

(61)

 

5,131

 

(5,614)

 

23,137

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended September 30, 2020

 

 

 

 

 

 

 

 

 

Operating revenues from external customers

$

303,090

$

98,568

$

466

$

-

$

402,124

 

Interdepartmental revenues

 

584

 

9,300

 

30,248

 

(40,132)

 

-

 

Total operating revenues

 

303,674

 

107,868

 

30,714

 

(40,132)

 

402,124

 

Net income attributable to MGE

 

46,439

 

9,216

 

15,536

 

(16,754)

 

54,437

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended September 30, 2019

 

 

 

 

 

 

 

 

 

Operating revenues from external customers

$

314,886

$

112,547

$

481

$

-

$

427,914

 

Interdepartmental revenues

 

622

 

12,571

 

29,987

 

(43,180)

 

-

 

Total operating revenues

 

315,508

 

125,118

 

30,468

 

(43,180)

 

427,914

 

Net income attributable to MGE

 

40,905

 

8,648

 

15,211

 

(16,725)

 

48,039