$MGEE
MGE ENERGY INC

2022 Q1 Form 10-Q Financial Statement

#000095017022007631 Filed on May 05, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q1
Revenue $208.9M $167.9M
YoY Change 24.43% 12.04%
Cost Of Revenue $77.35M $46.80M
YoY Change 65.27% 13.32%
Gross Profit $131.6M $121.1M
YoY Change 8.66% 11.51%
Gross Profit Margin 62.98% 72.12%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $21.05M $18.40M
YoY Change 14.38% 1.1%
% of Gross Profit 15.99% 15.19%
Operating Expenses $89.73M $82.10M
YoY Change 9.29% 6.49%
Operating Profit $41.86M $39.05M
YoY Change 7.19% 24.22%
Interest Expense -$6.571M -$5.700M
YoY Change 15.28% -6.56%
% of Operating Profit -15.7% -14.6%
Other Income/Expense, Net $6.972M $2.078M
YoY Change 235.51% -63.36%
Pretax Income $42.26M $35.39M
YoY Change 19.42% 13.98%
Income Tax $7.844M $459.0K
% Of Pretax Income 18.56% 1.3%
Net Earnings $34.42M $34.93M
YoY Change -1.47% 34.17%
Net Earnings / Revenue 16.47% 20.8%
Basic Earnings Per Share $0.95 $0.97
Diluted Earnings Per Share $0.95 $0.97
COMMON SHARES
Basic Shares Outstanding 36.16M 36.16M
Diluted Shares Outstanding 36.17M 36.17M

Balance Sheet

Concept 2022 Q1 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $26.37M $40.20M
YoY Change -34.39% 129.71%
Cash & Equivalents $26.37M $40.24M
Short-Term Investments
Other Short-Term Assets $11.26M $9.042M
YoY Change 24.47% -2.15%
Inventory $42.86M $38.70M
Prepaid Expenses
Receivables $50.17M $43.20M
Other Receivables $15.24M $9.702M
Total Short-Term Assets $194.4M $201.5M
YoY Change -3.51% 24.24%
LONG-TERM ASSETS
Property, Plant & Equipment $1.883B $1.792B
YoY Change 5.1% 8.39%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $101.4M $95.30M
YoY Change 6.36% 6.72%
Other Assets $26.70M $22.56M
YoY Change 18.32% 21.85%
Total Long-Term Assets $2.183B $2.069B
YoY Change 5.53% 8.28%
TOTAL ASSETS
Total Short-Term Assets $194.4M $201.5M
Total Long-Term Assets $2.183B $2.069B
Total Assets $2.378B $2.270B
YoY Change 4.73% 9.53%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $44.69M $53.84M
YoY Change -16.99% 37.39%
Accrued Expenses $18.56M $17.60M
YoY Change 5.46% 4.76%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $54.00M
YoY Change -100.0% 1700.0%
Long-Term Debt Due $4.920M $4.800M
YoY Change 2.5% -75.63%
Total Short-Term Liabilities $98.10M $183.8M
YoY Change -46.62% 65.57%
LONG-TERM LIABILITIES
Long-Term Debt $613.1M $518.2M
YoY Change 18.31% -0.84%
Other Long-Term Liabilities $91.36M $71.30M
YoY Change 28.14% -76.7%
Total Long-Term Liabilities $618.2M $570.5M
YoY Change 8.35% 9.17%
TOTAL LIABILITIES
Total Short-Term Liabilities $98.10M $183.8M
Total Long-Term Liabilities $618.2M $570.5M
Total Liabilities $716.3M $754.3M
YoY Change -5.04% 19.05%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.048B $997.7M
YoY Change
Total Liabilities & Shareholders Equity $2.378B $2.270B
YoY Change 4.73% 9.53%

Cashflow Statement

Concept 2022 Q1 2021 Q1
OPERATING ACTIVITIES
Net Income $34.42M $34.93M
YoY Change -1.47% 34.17%
Depreciation, Depletion And Amortization $21.05M $18.40M
YoY Change 14.38% 1.1%
Cash From Operating Activities $62.10M $43.88M
YoY Change 41.51% -18.46%
INVESTING ACTIVITIES
Capital Expenditures $30.78M $34.75M
YoY Change -11.42% -25.69%
Acquisitions
YoY Change
Other Investing Activities -$155.0K $419.0K
YoY Change -136.99% 5.28%
Cash From Investing Activities -$32.17M -$35.84M
YoY Change -10.23% -26.57%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $1.211M $1.182M
YoY Change 2.45% 2.34%
Cash From Financing Activities -21.22M -13.59M
YoY Change 56.17% 23.05%
NET CHANGE
Cash From Operating Activities 62.10M 43.88M
Cash From Investing Activities -32.17M -35.84M
Cash From Financing Activities -21.22M -13.59M
Net Change In Cash 8.714M -5.537M
YoY Change -257.38% -8.02%
FREE CASH FLOW
Cash From Operating Activities $62.10M $43.88M
Capital Expenditures $30.78M $34.75M
Free Cash Flow $31.32M $9.137M
YoY Change 242.79% 29.4%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2022Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2022Q1 dei Amendment Flag
AmendmentFlag
false
CY2022Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2022Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2021Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2022Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001161728
CY2022Q1 dei Document Type
DocumentType
10-Q
CY2022Q1 dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2022Q1 dei Document Period End Date
DocumentPeriodEndDate
2022-03-31
CY2022Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
CY2022Q1 dei Document Transition Report
DocumentTransitionReport
false
CY2022Q1 dei Entity File Number
EntityFileNumber
000-49965
CY2022Q1 dei Entity Registrant Name
EntityRegistrantName
MGE Energy, Inc.
CY2022Q1 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
WI
CY2022Q1 dei Entity Address Address Line1
EntityAddressAddressLine1
133 South Blair Street
CY2022Q1 dei Entity Address City Or Town
EntityAddressCityOrTown
Madison
CY2022Q1 dei Entity Address State Or Province
EntityAddressStateOrProvince
WI
CY2022Q1 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
53788
CY2022Q1 dei City Area Code
CityAreaCode
608
CY2022Q1 dei Local Phone Number
LocalPhoneNumber
252-7000
CY2022Q1 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
39-2040501
CY2022Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2022Q1 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2022Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2022Q1 dei Entity Small Business
EntitySmallBusiness
false
CY2022Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2022Q1 dei Entity Shell Company
EntityShellCompany
false
CY2022Q1 dei Security12b Title
Security12bTitle
Common Stock, $1 Par Value Per Share
CY2022Q1 dei Trading Symbol
TradingSymbol
MGEE
CY2022Q1 dei Security Exchange Name
SecurityExchangeName
NASDAQ
CY2022Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
36163370
CY2022Q1 us-gaap Regulated Operating Revenue Electric Non Nuclear
RegulatedOperatingRevenueElectricNonNuclear
110127000
CY2021Q1 us-gaap Regulated Operating Revenue Electric Non Nuclear
RegulatedOperatingRevenueElectricNonNuclear
100645000
CY2022Q1 us-gaap Regulated Operating Revenue Gas
RegulatedOperatingRevenueGas
98811000
CY2021Q1 us-gaap Regulated Operating Revenue Gas
RegulatedOperatingRevenueGas
67270000
CY2022Q1 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
208938000
CY2021Q1 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
167915000
CY2022Q1 us-gaap Utilities Operating Expense Fuel Used
UtilitiesOperatingExpenseFuelUsed
13485000
CY2021Q1 us-gaap Utilities Operating Expense Fuel Used
UtilitiesOperatingExpenseFuelUsed
13171000
CY2022Q1 us-gaap Utilities Operating Expense Purchased Power
UtilitiesOperatingExpensePurchasedPower
12543000
CY2021Q1 us-gaap Utilities Operating Expense Purchased Power
UtilitiesOperatingExpensePurchasedPower
9355000
CY2022Q1 mgee Utilities Operating Expense Cost Of Gas Sold
UtilitiesOperatingExpenseCostOfGasSold
64802000
CY2021Q1 mgee Utilities Operating Expense Cost Of Gas Sold
UtilitiesOperatingExpenseCostOfGasSold
37444000
CY2022Q1 us-gaap Utilities Operating Expense Maintenance And Operations
UtilitiesOperatingExpenseMaintenanceAndOperations
49994000
CY2021Q1 us-gaap Utilities Operating Expense Maintenance And Operations
UtilitiesOperatingExpenseMaintenanceAndOperations
45682000
CY2022Q1 us-gaap Utilities Operating Expense Depreciation And Amortization
UtilitiesOperatingExpenseDepreciationAndAmortization
21046000
CY2021Q1 us-gaap Utilities Operating Expense Depreciation And Amortization
UtilitiesOperatingExpenseDepreciationAndAmortization
18382000
CY2022Q1 us-gaap Utilities Operating Expense Taxes
UtilitiesOperatingExpenseTaxes
5205000
CY2021Q1 us-gaap Utilities Operating Expense Taxes
UtilitiesOperatingExpenseTaxes
4827000
CY2022Q1 us-gaap Utilities Operating Expense
UtilitiesOperatingExpense
167075000
CY2021Q1 us-gaap Utilities Operating Expense
UtilitiesOperatingExpense
128861000
CY2022Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
41863000
CY2021Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
39054000
CY2022Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
6972000
CY2021Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
2078000
CY2022Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-6571000
CY2021Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-5740000
CY2022Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
42264000
CY2021Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
35392000
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7844000
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
459000
CY2022Q1 us-gaap Profit Loss
ProfitLoss
34420000
CY2021Q1 us-gaap Profit Loss
ProfitLoss
34933000
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.95
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.97
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.95
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.97
CY2022Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.388
CY2021Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.370
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36163000
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36163000
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36171000
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36165000
CY2022Q1 us-gaap Profit Loss
ProfitLoss
34420000
CY2021Q1 us-gaap Profit Loss
ProfitLoss
34933000
CY2022Q1 us-gaap Utilities Operating Expense Depreciation And Amortization
UtilitiesOperatingExpenseDepreciationAndAmortization
21046000
CY2021Q1 us-gaap Utilities Operating Expense Depreciation And Amortization
UtilitiesOperatingExpenseDepreciationAndAmortization
18382000
CY2022Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
5606000
CY2021Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-796000
CY2022Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
441000
CY2021Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
388000
CY2022Q1 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
-1678000
CY2021Q1 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
1461000
CY2022Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2504000
CY2021Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2444000
CY2022Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
486000
CY2021Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
277000
CY2022Q1 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-12332000
CY2021Q1 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
2851000
CY2022Q1 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-7115000
CY2021Q1 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-4213000
CY2022Q1 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
2001000
CY2021Q1 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
1967000
CY2022Q1 us-gaap Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
1660000
CY2021Q1 us-gaap Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
1552000
CY2022Q1 us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
304000
CY2021Q1 us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
1115000
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
62099000
CY2021Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
43883000
CY2022Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
30778000
CY2021Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
34746000
CY2022Q1 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
1546000
CY2021Q1 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
670000
CY2022Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-155000
CY2021Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
419000
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-32169000
CY2021Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-35835000
CY2022Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
14013000
CY2021Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
13380000
CY2022Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1211000
CY2021Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1182000
CY2022Q1 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
-5500000
CY2021Q1 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
1500000
CY2022Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-492000
CY2021Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-523000
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-21216000
CY2021Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-13585000
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
8714000
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-5537000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
18835000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
47039000
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
27549000
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
41502000
CY2022Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
6735000
CY2021Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
8843000
CY2022Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
26374000
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
17438000
CY2022Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
8952000
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
6940000
CY2022Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
50167000
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
46205000
CY2022Q1 us-gaap Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
1213000
CY2021Q4 us-gaap Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
1364000
CY2022Q1 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
15244000
CY2021Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
16094000
CY2022Q1 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
30839000
CY2021Q4 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
34812000
CY2022Q1 us-gaap Other Inventory Supplies
OtherInventorySupplies
30951000
CY2021Q4 us-gaap Other Inventory Supplies
OtherInventorySupplies
29863000
CY2022Q1 us-gaap Energy Related Inventory Other Fossil Fuel
EnergyRelatedInventoryOtherFossilFuel
6331000
CY2021Q4 us-gaap Energy Related Inventory Other Fossil Fuel
EnergyRelatedInventoryOtherFossilFuel
6429000
CY2022Q1 us-gaap Energy Related Inventory Gas Stored Underground
EnergyRelatedInventoryGasStoredUnderground
5580000
CY2021Q4 us-gaap Energy Related Inventory Gas Stored Underground
EnergyRelatedInventoryGasStoredUnderground
15668000
CY2022Q1 us-gaap Prepaid Taxes
PrepaidTaxes
15487000
CY2021Q4 us-gaap Prepaid Taxes
PrepaidTaxes
20214000
CY2022Q1 us-gaap Regulatory Assets Current
RegulatoryAssetsCurrent
2205000
CY2021Q4 us-gaap Regulatory Assets Current
RegulatoryAssetsCurrent
1465000
CY2022Q1 us-gaap Other Assets Current
OtherAssetsCurrent
11255000
CY2021Q4 us-gaap Other Assets Current
OtherAssetsCurrent
11183000
CY2022Q1 us-gaap Assets Current
AssetsCurrent
194433000
CY2021Q4 us-gaap Assets Current
AssetsCurrent
199371000
CY2022Q1 us-gaap Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
691000
CY2021Q4 us-gaap Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
1155000
CY2022Q1 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
108271000
CY2021Q4 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
107547000
CY2022Q1 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
62806000
CY2021Q4 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
58757000
CY2022Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
26697000
CY2021Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
27548000
CY2022Q1 mgee Property Plant And Equipment Net Before Construction In Progress
PropertyPlantAndEquipmentNetBeforeConstructionInProgress
1843122000
CY2021Q4 mgee Property Plant And Equipment Net Before Construction In Progress
PropertyPlantAndEquipmentNetBeforeConstructionInProgress
1828171000
CY2022Q1 us-gaap Construction In Progress Gross
ConstructionInProgressGross
40156000
CY2021Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
50603000
CY2022Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1883278000
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1878774000
CY2022Q1 us-gaap Investments
Investments
101365000
CY2021Q4 us-gaap Investments
Investments
98754000
CY2022Q1 us-gaap Assets
Assets
2377541000
CY2021Q4 us-gaap Assets
Assets
2371906000
CY2022Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
4920000
CY2021Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
4889000
CY2022Q1 us-gaap Short Term Borrowings
ShortTermBorrowings
0
CY2021Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
5500000
CY2022Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
44690000
CY2021Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
64149000
CY2022Q1 mgee Accruedinterestandtaxes
Accruedinterestandtaxes
9265000
CY2021Q4 mgee Accruedinterestandtaxes
Accruedinterestandtaxes
10385000
CY2022Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
9296000
CY2021Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
12951000
CY2022Q1 us-gaap Regulatory Liability Current
RegulatoryLiabilityCurrent
24557000
CY2021Q4 us-gaap Regulatory Liability Current
RegulatoryLiabilityCurrent
9365000
CY2022Q1 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
130000
CY2021Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
2140000
CY2022Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
5246000
CY2021Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
8468000
CY2022Q1 us-gaap Liabilities Current
LiabilitiesCurrent
98104000
CY2021Q4 us-gaap Liabilities Current
LiabilitiesCurrent
117847000
CY2022Q1 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
233146000
CY2021Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
231149000
CY2022Q1 us-gaap Accumulated Deferred Investment Tax Credit
AccumulatedDeferredInvestmentTaxCredit
48773000
CY2021Q4 us-gaap Accumulated Deferred Investment Tax Credit
AccumulatedDeferredInvestmentTaxCredit
44836000
CY2022Q1 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
155096000
CY2021Q4 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
154298000
CY2022Q1 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
72881000
CY2021Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
73085000
CY2022Q1 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
16920000
CY2021Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
17322000
CY2022Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
91363000
CY2021Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
91690000
CY2022Q1 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
618179000
CY2021Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
612380000
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
1048153000
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
1027468000
CY2022Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
613105000
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
614211000
CY2022Q1 us-gaap Capitalization Longterm Debt And Equity
CapitalizationLongtermDebtAndEquity
1661258000
CY2021Q4 us-gaap Capitalization Longterm Debt And Equity
CapitalizationLongtermDebtAndEquity
1641679000
CY2022Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2377541000
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2371906000
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
976000000
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
34933000
CY2021Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.370
CY2021Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
13380000
CY2021Q1 us-gaap Stockholders Equity Other
StockholdersEquityOther
158000
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
997711000
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
1027468000
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
34420000
CY2022Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.388
CY2022Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
14013000
CY2022Q1 us-gaap Stockholders Equity Other
StockholdersEquityOther
278000
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
1048153000
CY2022Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
26374000
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
17438000
CY2022Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
641000
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
847000
CY2022Q1 us-gaap Margin Deposit Assets
MarginDepositAssets
534000
CY2021Q4 us-gaap Margin Deposit Assets
MarginDepositAssets
550000
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
27549000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
18835000
CY2022Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2021Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2022Q1 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.063
CY2021Q1 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.063
CY2022Q1 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Investment
EffectiveIncomeTaxRateReconciliationTaxCreditsInvestment
0.007
CY2021Q1 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Investment
EffectiveIncomeTaxRateReconciliationTaxCreditsInvestment
0.016
CY2022Q1 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Other
EffectiveIncomeTaxRateReconciliationTaxCreditsOther
0.054
CY2021Q1 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Other
EffectiveIncomeTaxRateReconciliationTaxCreditsOther
0.071
CY2022Q1 us-gaap Effective Income Tax Rate Reconciliation Deductions Other
EffectiveIncomeTaxRateReconciliationDeductionsOther
0.005
CY2021Q1 us-gaap Effective Income Tax Rate Reconciliation Deductions Other
EffectiveIncomeTaxRateReconciliationDeductionsOther
0.006
CY2022Q1 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.019
CY2021Q1 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.167
CY2022Q1 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0.002
CY2021Q1 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0
CY2022Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.186
CY2021Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.013
CY2022Q1 mgee Defined Benefit Plan Deferred Net Periodic Benefit Costs
DefinedBenefitPlanDeferredNetPeriodicBenefitCosts
-300000
CY2021Q1 mgee Defined Benefit Plan Deferred Net Periodic Benefit Costs
DefinedBenefitPlanDeferredNetPeriodicBenefitCosts
-3400000
CY2022Q1 mgee Returned Savings From Prior Year Employee Benefit Costs
ReturnedSavingsFromPriorYearEmployeeBenefitCosts
1000000.0
CY2022Q1 mgee Stockissuedduringperiodunderthestockplan
Stockissuedduringperiodunderthestockplan
0
CY2021Q1 mgee Stockissuedduringperiodunderthestockplan
Stockissuedduringperiodunderthestockplan
0
CY2022Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
7492
CY2022Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
400000
CY2021Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
700000
CY2019Q4 mgee Deferredfuelrulesmonitoredcosts
Deferredfuelrulesmonitoredcosts
1500000
CY2019Q4 mgee Deferredfuelrulesmonitoredcosts
Deferredfuelrulesmonitoredcosts
1500000
CY2021Q4 mgee Deferredfuelrulesmonitoredcosts
Deferredfuelrulesmonitoredcosts
-3300000
CY2022Q1 mgee Deferredfuelrulesmonitoredcosts
Deferredfuelrulesmonitoredcosts
0
CY2022Q1 us-gaap Derivatives Methods Of Accounting Hedging Derivatives
DerivativesMethodsOfAccountingHedgingDerivatives
<span id="xbrl_ts_19f0b3d21df445be886e63f2614417f2"/><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;min-width:fit-content;">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 id="xbrl_cs_4ddf6895c94a44cb82c99bf2bec723df"/><span style="font-size:10.0pt;font-family:Calibri;"><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;min-width:fit-content;">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;min-width:fit-content;"> 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;min-width:fit-content;">. 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 delivery 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>
CY2021Q4 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
178000
CY2022Q1 us-gaap Derivative Net Liability Position Aggregate Fair Value
DerivativeNetLiabilityPositionAggregateFairValue
0
CY2021Q4 us-gaap Derivative Net Liability Position Aggregate Fair Value
DerivativeNetLiabilityPositionAggregateFairValue
0
CY2022Q1 mgee Counterparties In Default
CounterpartiesInDefault
0
CY2022Q1 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
4200000
CY2021Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
4300000
CY2022Q1 us-gaap Derivative Asset Collateral Obligation To Return Cash Offset
DerivativeAssetCollateralObligationToReturnCashOffset
6900000
CY2021Q4 us-gaap Derivative Asset Collateral Obligation To Return Cash Offset
DerivativeAssetCollateralObligationToReturnCashOffset
1300000
CY2022Q1 mgee Fair Value Inputs Delivery Points Basis Adjustment On Peak
FairValueInputsDeliveryPointsBasisAdjustmentOnPeak
0.921
CY2021 mgee Fair Value Inputs Delivery Points Basis Adjustment On Peak
FairValueInputsDeliveryPointsBasisAdjustmentOnPeak
0.941
CY2022Q1 mgee Fair Value Inputs Delivery Points Basis Adjustment Off Peak
FairValueInputsDeliveryPointsBasisAdjustmentOffPeak
0.900
CY2021 mgee Fair Value Inputs Delivery Points Basis Adjustment Off Peak
FairValueInputsDeliveryPointsBasisAdjustmentOffPeak
0.924
CY2022Q1 mgee Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Current Assets
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInCurrentAssets
73000
CY2021Q1 mgee Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Current Assets
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInCurrentAssets
355000
CY2022Q1 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Purchases
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPurchases
7026000
CY2021Q1 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Purchases
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPurchases
5884000
CY2022Q1 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Sales
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSales
0
CY2020Q4 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
-14055000
CY2022Q1 mgee Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Regulatory Assets
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInRegulatoryAssets
0
CY2021Q1 mgee Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Regulatory Assets
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInRegulatoryAssets
2688000
CY2022Q1 mgee Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Regulatory Liabilities
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInRegulatoryLiabilities
6600000
CY2021Q1 mgee Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Regulatory Liabilities
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInRegulatoryLiabilities
0
CY2022Q1 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
CY2021Q1 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
CY2022Q1 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Earnings
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings
-855000
CY2021Q1 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Earnings
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings
-307000
CY2021Q1 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Sales
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSales
0
CY2022Q1 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Issues
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationIssues
0
CY2021Q1 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Issues
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationIssues
0
CY2022Q1 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
7953000
CY2021Q1 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
6546000
CY2022Q1 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
6779000
CY2021Q1 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
-11367000
CY2022Q1 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
0
CY2021Q1 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
0
CY2022Q1 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Earnings
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings
-855000
CY2021Q1 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Earnings
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings
-307000
CY2022Q1 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
208938000
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
34420000
CY2021Q1 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
167915000
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
34933000

Files In Submission

Name View Source Status
0000950170-22-007631-index-headers.html Edgar Link pending
0000950170-22-007631-index.html Edgar Link pending
0000950170-22-007631.txt Edgar Link pending
0000950170-22-007631-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
mgee-20220331.htm Edgar Link pending
mgee-20220331.xsd Edgar Link pending
mgee-20220331_cal.xml Edgar Link unprocessable
mgee-20220331_def.xml Edgar Link unprocessable
mgee-20220331_htm.xml Edgar Link completed
mgee-20220331_lab.xml Edgar Link unprocessable
mgee-20220331_pre.xml Edgar Link unprocessable
mgee-ex31_1.htm Edgar Link pending
mgee-ex31_2.htm Edgar Link pending
mgee-ex31_3.htm Edgar Link pending
mgee-ex31_4.htm Edgar Link pending
mgee-ex32_1.htm Edgar Link pending
mgee-ex32_2.htm Edgar Link pending
mgee-ex32_3.htm Edgar Link pending
mgee-ex32_4.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending