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MGE Energy Inc Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Operating Revenues:      
Regulated electric revenues $ 375,858 $ 360,729 $ 332,324
Regulated gas revenues 165,271 165,915 192,334
Nonregulated revenues 5,253 5,947 9,161
Total Operating Revenues 546,382 532,591 533,819
Operating Expenses:      
Fuel for electric generation 50,819 41,947 36,879
Purchased power 64,085 71,239 85,098
Cost of gas sold 99,465 103,784 123,062
Other operations and maintenance 165,859 164,001 145,177
Depreciation and amortization 40,942 37,960 41,080
Other general taxes 17,344 17,058 17,858
Total Operating Expenses 438,514 435,989 449,154
Operating Income 107,868 96,602 84,665
Other income, net 9,214 11,093 8,096
Interest expense, net (20,162) (16,157) (13,594)
Income before income taxes 96,920 91,538 79,167
Income tax provision (35,992) (33,820) (28,170)
Net Income $ 60,928 $ 57,718 $ 50,997
Earnings Per Share of Common Stock (basic and diluted) $ 2.64 $ 2.50 $ 2.21
Dividends per share of common stock $ 1.52 $ 1.49 $ 1.46
Average Shares Outstanding (basic and diluted) 23,114 23,114 23,070