$MGEE
MGE ENERGY INC

2021 Q4 Form 10-Q Financial Statement

#000095017021002953 Filed on November 04, 2021

View on sec.gov

Income Statement

Concept 2021 Q4 2021 Q3 2020 Q3
Revenue $162.1M $145.9M $135.2M
YoY Change 18.72% 7.89% -2.16%
Cost Of Revenue $52.44M $17.43M $14.50M
YoY Change 56.08% 20.18% 18.85%
Gross Profit $109.6M $128.4M $120.7M
YoY Change 6.53% 6.42% -4.21%
Gross Profit Margin 67.64% 88.05% 89.27%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $21.02M $18.99M $18.60M
YoY Change 10.61% 2.1% 2.2%
% of Gross Profit 19.17% 14.79% 15.41%
Operating Expenses $92.37M $90.85M $82.40M
YoY Change 9.71% 10.25% -5.61%
Operating Profit $17.25M $37.60M $38.33M
YoY Change -7.82% -1.9% -1.07%
Interest Expense -$6.521M -$6.079M -$5.800M
YoY Change 12.43% 4.81% 0.0%
% of Operating Profit -37.81% -16.17% -15.13%
Other Income/Expense, Net $2.341M $6.164M $6.534M
YoY Change -62.24% -5.66% 25.56%
Pretax Income $13.07M $37.68M $39.09M
YoY Change -31.93% -3.61% 2.58%
Income Tax $9.000K $2.766M $7.300M
% Of Pretax Income 0.07% 7.34% 18.67%
Net Earnings $13.06M $34.92M $31.79M
YoY Change -17.32% 9.82% 3.71%
Net Earnings / Revenue 8.06% 23.94% 23.51%
Basic Earnings Per Share $0.97 $0.88
Diluted Earnings Per Share $361.1K $0.97 $0.88
COMMON SHARES
Basic Shares Outstanding 36.16M 36.16M 36.16M
Diluted Shares Outstanding 36.17M 36.16M

Balance Sheet

Concept 2021 Q4 2021 Q3 2020 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $17.44M $70.45M $53.10M
YoY Change -60.99% 32.68% -13.09%
Cash & Equivalents $17.44M $70.45M $53.06M
Short-Term Investments
Other Short-Term Assets $11.18M $12.98M $8.814M
YoY Change -1.85% 47.22% 2.12%
Inventory $51.96M $50.53M $49.40M
Prepaid Expenses
Receivables $46.21M $43.16M $39.18M
Other Receivables $16.09M $12.95M $9.828M
Total Short-Term Assets $199.4M $234.1M $199.9M
YoY Change -4.84% 17.08% -2.18%
LONG-TERM ASSETS
Property, Plant & Equipment $1.879B $1.847B $1.734B
YoY Change 6.18% 6.53% 7.51%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $75.90M $99.24M $93.10M
YoY Change 1.93% 6.59% 8.63%
Other Assets $27.55M $27.87M $18.09M
YoY Change 23.76% 54.08% 5.8%
Total Long-Term Assets $2.173B $2.137B $1.996B
YoY Change 6.28% 7.06% 7.15%
TOTAL ASSETS
Total Short-Term Assets $199.4M $234.1M $199.9M
Total Long-Term Assets $2.173B $2.137B $1.996B
Total Assets $2.372B $2.371B $2.196B
YoY Change 5.25% 7.97% 6.23%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $64.15M $57.43M $56.05M
YoY Change 17.4% 2.46% 43.22%
Accrued Expenses $23.34M $19.88M $17.40M
YoY Change 10.08% 14.24% 3.57%
Deferred Revenue
YoY Change
Short-Term Debt $5.500M $0.00 $0.00
YoY Change -89.52% -100.0%
Long-Term Debt Due $4.889M $4.859M $19.74M
YoY Change 2.47% -75.39% 326.21%
Total Short-Term Liabilities $117.8M $123.5M $115.5M
YoY Change -38.28% 6.98% -24.05%
LONG-TERM LIABILITIES
Long-Term Debt $614.2M $615.3M $520.4M
YoY Change 18.28% 18.24% 6.17%
Other Long-Term Liabilities $91.69M $86.59M $65.77M
YoY Change 26.98% 31.65% -6.96%
Total Long-Term Liabilities $612.4M $603.6M $586.2M
YoY Change 7.92% 2.98% 2.2%
TOTAL LIABILITIES
Total Short-Term Liabilities $117.8M $123.5M $115.5M
Total Long-Term Liabilities $612.4M $603.6M $586.2M
Total Liabilities $730.2M $727.1M $701.6M
YoY Change -3.71% 3.63% -3.3%
SHAREHOLDERS EQUITY
Retained Earnings $596.4M
YoY Change 9.35%
Common Stock $36.16M
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.027B $1.028B $973.6M
YoY Change
Total Liabilities & Shareholders Equity $2.372B $2.371B $2.196B
YoY Change 5.25% 7.97% 6.23%

Cashflow Statement

Concept 2021 Q4 2021 Q3 2020 Q3
OPERATING ACTIVITIES
Net Income $13.06M $34.92M $31.79M
YoY Change -17.32% 9.82% 3.71%
Depreciation, Depletion And Amortization $21.02M $18.99M $18.60M
YoY Change 10.61% 2.1% 2.2%
Cash From Operating Activities -$3.770M $62.76M $50.50M
YoY Change -110.36% 24.29% 95.74%
INVESTING ACTIVITIES
Capital Expenditures -$39.03M -$38.47M -$53.90M
YoY Change -39.02% -28.62% 9.33%
Acquisitions
YoY Change
Other Investing Activities $399.0K -$1.864M -$1.800M
YoY Change -119.95% 3.56% -30.77%
Cash From Investing Activities -$38.63M -$40.34M -$55.70M
YoY Change -41.47% -27.58% 7.32%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -10.41M 13.63M -14.70M
YoY Change -146.07% -192.69% -184.0%
NET CHANGE
Cash From Operating Activities -3.770M 62.76M 50.50M
Cash From Investing Activities -38.63M -40.34M -55.70M
Cash From Financing Activities -10.41M 13.63M -14.70M
Net Change In Cash -52.81M 36.05M -19.90M
YoY Change 654.43% -281.16% 131.4%
FREE CASH FLOW
Cash From Operating Activities -$3.770M $62.76M $50.50M
Capital Expenditures -$39.03M -$38.47M -$53.90M
Free Cash Flow $35.26M $101.2M $104.4M
YoY Change -64.88% -3.03% 39.01%

Facts In Submission

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us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
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us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
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CY2021Q3 mgee Defined Benefit Plan Deferred Net Periodic Benefit Costs
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mgee Defined Benefit Plan Deferred Net Periodic Benefit Costs
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mgee Defined Benefit Plan Deferred Net Periodic Benefit Costs
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-700000
CY2021Q3 mgee Deferred Savings From Current Year Employee Benefit Costs
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2800000
mgee Deferred Savings From Current Year Employee Benefit Costs
DeferredSavingsFromCurrentYearEmployeeBenefitCosts
5400000
CY2021Q3 mgee Stockissuedduringperiodunderthestockplan
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mgee Stockissuedduringperiodunderthestockplan
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300000
us-gaap Allocated Share Based Compensation Expense
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us-gaap Allocated Share Based Compensation Expense
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300000
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37044000
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58930000
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32042000
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24917000
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CY2021Q3 mgee Deferredfuelrulesmonitoredcosts
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0
us-gaap Derivatives Methods Of Accounting Hedging Derivatives
DerivativesMethodsOfAccountingHedgingDerivatives
<p id="xbrl_ts_19f0b3d21df445be886e63f2614417f2" style="margin-left:8.4%;text-indent:0.0%;font-size:10.0pt;margin-top:10.0pt;line-height:1.3;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Calibri;">As part of its regular operations, MGE enters into contracts, including options, swaps, futures, forwards, and other contractual commitments, to manage its exposure to commodity prices. To the extent that these contracts are derivatives, MGE assesses whether or not the normal purchases or normal sales exclusion applies. For contracts to which this exclusion cannot be applied, the derivatives are recognized in the consolidated balance sheets at fair value. MGE's financial commodity derivative activities are conducted in accordance with its electric and gas risk management program, which is approved by the PSCW and limits the volume MGE can hedge with specific risk management strategies. The maximum length of time over which cash flows related to energy commodities can be hedged is </span><span style="font-size:10.0pt;font-family:Calibri;"><span id="xbrl_cs_4ddf6895c94a44cb82c99bf2bec723df"/><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Calibri;">four</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Calibri;"> years</span></span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Calibri;">. </span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Calibri;">If the derivative qualifies for regulatory deferral, the derivatives are marked to fair value and are offset with a corresponding regulatory asset or liability depending on whether the derivative is in a net loss or net gain position, respectively. The deferred gain or loss is recognized in earnings in the</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Calibri;"> </span></p><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Calibri;">delivery </span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Calibri;">month applicable to the instrument. Gains and losses related to hedges qualifying for regulatory treatment are recoverable in gas rates through the PGA or in electric rates as a component of the fuel rules mechanism.</span>
CY2021Q3 us-gaap Derivative Net Liability Position Aggregate Fair Value
DerivativeNetLiabilityPositionAggregateFairValue
0
CY2020Q4 us-gaap Derivative Net Liability Position Aggregate Fair Value
DerivativeNetLiabilityPositionAggregateFairValue
0
CY2021Q3 mgee Counterparties In Default
CounterpartiesInDefault
0
CY2021Q3 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
4500000
CY2020Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
4100000
CY2021Q3 us-gaap Derivative Asset Collateral Obligation To Return Cash Offset
DerivativeAssetCollateralObligationToReturnCashOffset
9200000
CY2020Q4 us-gaap Derivative Asset Collateral Obligation To Return Cash Offset
DerivativeAssetCollateralObligationToReturnCashOffset
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mgee Fair Value Inputs Delivery Points Basis Adjustment On Peak
FairValueInputsDeliveryPointsBasisAdjustmentOnPeak
0.955
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0.942
mgee Fair Value Inputs Delivery Points Basis Adjustment Off Peak
FairValueInputsDeliveryPointsBasisAdjustmentOffPeak
0.964
CY2020 mgee Fair Value Inputs Delivery Points Basis Adjustment Off Peak
FairValueInputsDeliveryPointsBasisAdjustmentOffPeak
0.945
CY2021Q2 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
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CY2020Q2 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
-21023000
CY2020Q4 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
-14055000
CY2019Q4 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
-26456000
CY2021Q3 mgee Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Regulatory Assets
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInRegulatoryAssets
0
CY2020Q3 mgee Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Regulatory Assets
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInRegulatoryAssets
5296000
mgee Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Regulatory Assets
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0
mgee Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Regulatory Assets
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInRegulatoryAssets
10729000
CY2021Q3 mgee Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Regulatory Liabilities
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInRegulatoryLiabilities
8122000
CY2020Q3 mgee Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Regulatory Liabilities
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInRegulatoryLiabilities
0
mgee Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Regulatory Liabilities
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInRegulatoryLiabilities
17644000
mgee Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Regulatory Liabilities
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0
CY2021Q3 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Other Comprehensive Income Loss
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInOtherComprehensiveIncomeLoss
0
CY2020Q3 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Other Comprehensive Income Loss
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0
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Other Comprehensive Income Loss
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInOtherComprehensiveIncomeLoss
0
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Other Comprehensive Income Loss
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInOtherComprehensiveIncomeLoss
0
CY2021Q3 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Earnings
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-2476000
CY2020Q3 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Earnings
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings
1524000
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Earnings
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings
-2686000
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Earnings
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings
4687000
CY2021Q3 mgee Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Current Assets
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInCurrentAssets
0
CY2020Q3 mgee Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Current Assets
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInCurrentAssets
-37000
mgee Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Current Assets
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInCurrentAssets
175000
mgee Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Current Assets
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInCurrentAssets
-101000
CY2021Q3 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Purchases
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPurchases
6638000
CY2020Q3 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Purchases
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPurchases
5505000
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Purchases
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPurchases
18899000
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Purchases
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPurchases
15837000
CY2021Q3 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Sales
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSales
0
CY2020Q3 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Sales
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSales
0
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Sales
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSales
0
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Sales
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSales
0
CY2020Q3 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
0
CY2021Q3 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Issues
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationIssues
0
CY2020Q3 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Issues
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationIssues
0
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Issues
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationIssues
0
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Issues
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationIssues
0
CY2021Q3 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
9114000
CY2020Q3 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
3944000
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
21760000
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
11049000
CY2021Q3 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
3589000
CY2020Q3 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
-15727000
CY2021Q3 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
3589000
CY2020Q3 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
-15727000
CY2021Q3 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
0
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
0
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
0
CY2021Q3 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Earnings
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings
-2476000
CY2020Q3 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Earnings
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings
1524000
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Earnings
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings
-2686000
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Earnings
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings
4687000
CY2021Q3 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
145873000
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
34917000
CY2020Q3 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
135211000
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
31794000
us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
444518000
us-gaap Net Income Loss
NetIncomeLoss
92701000
us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
402124000
us-gaap Net Income Loss
NetIncomeLoss
76622000

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