Investment in ATC (Tables)

9 Months Ended

Sep. 30, 2016

Equity Method Investments and Joint Ventures [Abstract]

Equity Method Investments Financial Data

For the three and nine months endedSeptember 30,2016 and 2015, MGE Transco recorded the following:

		Three Months Ended				Nine Months Ended
		September 30,				September 30,
(In thousands)		2016		2015		2016		2015
Equity earnings from investment in ATC	$	2,023	$	2,398	$	6,023	$	6,568
Dividends received from ATC		1,486		1,841		4,214		4,732
Capital contributions to ATC		888		177		1,598		533

For the three and nine months endedSeptember 30,2016 and 2015, MGE recorded the following amounts attributable to noncontrolling interest in MGE Transco:

		Three Months Ended				Nine Months Ended
		September 30,				September 30,
(In thousands)		2016		2015		2016		2015
Equity earnings from investment(a)	$	254	$	679	$	1,410	$	1,848
Dividends received from investment(a)		561		423		1,113		1,007
Capital contributions by noncontrolling interest		888		177		1,598		533

(a)Amounts reflected net of tax.

ATC's summarized financial data for the three and nine months endedSeptember 30,2016 and 2015, is as follows:

		Three Months Ended				Nine Months Ended
		September 30,				September 30,
(In thousands)		2016		2015		2016		2015
Operating revenues	$	158,126	$	164,515	$	476,591	$	482,043
Operating expenses		(80,271)		(78,059)		(241,034)		(238,336)
Other income, net		1,128		585		2,563		566
Interest expense, net		(24,624)		(23,655)		(73,714)		(72,310)
Earnings before members' income taxes	$	54,359	$	63,386	$	164,406	$	171,963