$MGEE
MGE ENERGY INC Stock $mgee

$mgee Overview Financials Valuation SEC Filings Company Website

2015 Q1 Form 10-Q Financial Statement

#000116172815000008 Filed on May 07, 2015

Income Statement

Concept	2015 Q1	2014 Q1
Revenue	$170.1M	$210.2M
YoY Change	-19.08%	25.72%
Cost Of Revenue	$69.80M	$97.10M
YoY Change	-28.12%	54.37%
Gross Profit	$100.3M	$113.1M
YoY Change	-11.32%	8.44%
Gross Profit Margin	58.95%	53.79%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$10.80M	$9.700M
YoY Change	11.34%	1.04%
% of Gross Profit	10.77%	8.58%
Operating Expenses	$68.50M	$69.20M
YoY Change	-1.01%	3.75%
Operating Profit	$31.85M	$43.97M
YoY Change	-27.56%	16.86%
Interest Expense	-$5.100M	-$4.500M
YoY Change	13.33%	-196.26%
% of Operating Profit	-16.01%	-10.23%
Other Income/Expense, Net	$2.105M	$4.552M
YoY Change	-53.76%	37.56%
Pretax Income	$28.87M	$43.98M
YoY Change	-34.37%	21.29%
Income Tax	$10.59M	$16.27M
% Of Pretax Income	36.68%	36.98%
Net Earnings	$18.28M	$27.72M
YoY Change	-34.05%	22.73%
Net Earnings / Revenue	10.74%	13.18%
Basic Earnings Per Share
Diluted Earnings Per Share	$527.4K	$798.3K
COMMON SHARES
Basic Shares Outstanding	34.67M shares	34.67M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2015 Q1	2014 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$70.70M	$93.50M
YoY Change	-24.39%	103.7%
Cash & Equivalents	$70.70M	$93.49M
Short-Term Investments
Other Short-Term Assets	$10.22M	$55.40M
YoY Change	-81.55%	645.53%
Inventory	$40.80M	$22.30M
Prepaid Expenses
Receivables	$43.86M	$62.76M
Other Receivables	$6.443M	$5.019M
Total Short-Term Assets	$235.9M	$238.9M
YoY Change	-1.24%	21.92%
LONG-TERM ASSETS
Property, Plant & Equipment	$1.210B	$1.174B
YoY Change	3.08%	19.66%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$72.30M	$69.20M
YoY Change	4.48%	5.33%
Other Assets	$4.548M	$6.758M
YoY Change	-32.7%	-6.42%
Total Long-Term Assets	$1.448B	$1.372B
YoY Change	5.59%	-0.94%
TOTAL ASSETS
Total Short-Term Assets	$235.9M	$238.9M
Total Long-Term Assets	$1.448B	$1.372B
Total Assets	$1.684B	$1.610B
YoY Change	4.58%	1.9%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$37.54M	$56.17M
YoY Change	-33.17%	41.9%
Accrued Expenses	$12.30M	$22.60M
YoY Change	-45.58%	91.53%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change		-100.0%
Long-Term Debt Due	$4.203M	$4.121M
YoY Change	1.99%	22.47%
Total Short-Term Liabilities	$71.69M	$109.5M
YoY Change	-34.54%	29.23%
LONG-TERM LIABILITIES
Long-Term Debt	$394.2M	$398.4M
YoY Change	-1.05%	11.44%
Other Long-Term Liabilities	$57.02M	$54.16M
YoY Change	5.28%	1.21%
Total Long-Term Liabilities	$550.6M	$466.8M
YoY Change	17.96%	-14.39%
TOTAL LIABILITIES
Total Short-Term Liabilities	$71.69M	$109.5M
Total Long-Term Liabilities	$550.6M	$466.8M
Total Liabilities	$622.3M	$576.3M
YoY Change	7.99%	-8.53%
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	$667.7M	$635.7M
YoY Change
Total Liabilities & Shareholders Equity	$1.684B	$1.610B
YoY Change	4.58%	1.9%

Cashflow Statement

Concept	2015 Q1	2014 Q1
OPERATING ACTIVITIES
Net Income	$18.28M	$27.72M
YoY Change	-34.05%	22.73%
Depreciation, Depletion And Amortization	$10.80M	$9.700M
YoY Change	11.34%	1.04%
Cash From Operating Activities	$34.64M	$58.37M
YoY Change	-40.65%	103.72%
INVESTING ACTIVITIES
Capital Expenditures	$11.53M	$21.80M
YoY Change	-47.1%	-25.25%
Acquisitions
YoY Change
Other Investing Activities	$48.00K	$682.0K
YoY Change	-92.96%	144.44%
Cash From Investing Activities	-$11.86M	-$23.18M
YoY Change	-48.82%	-22.27%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net	$1.037M	$1.019M
YoY Change	1.77%	52.77%
Cash From Financing Activities	-$17.83M	-$10.52M
YoY Change	69.51%	-1600.57%
NET CHANGE
Cash From Operating Activities	$34.64M	$58.37M
Cash From Investing Activities	-$11.86M	-$23.18M
Cash From Financing Activities	-$17.83M	-$10.52M
Net Change In Cash	$4.948M	$24.68M
YoY Change	-79.95%	-5429.59%
FREE CASH FLOW
Cash From Operating Activities	$34.64M	$58.37M
Capital Expenditures	$11.53M	$21.80M
Free Cash Flow	$23.11M	$36.57M
YoY Change	-36.81%	-7242.58%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2015Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	18193000	USD
CY2014Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	41614000	USD
CY2014Q4	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	7610000	USD
CY2014Q4	mgee	Unbilled Revenues UnbilledRevenues	31262000	USD
CY2014Q4	us-gaap	Other Inventory Supplies OtherInventorySupplies	17121000	USD
CY2014Q4	us-gaap	Energy Related Inventory Other Fossil Fuel EnergyRelatedInventoryOtherFossilFuel	8098000	USD
CY2014Q4	us-gaap	Energy Related Inventory Gas Stored Underground EnergyRelatedInventoryGasStoredUnderground	21036000	USD
CY2014Q4	us-gaap	Prepaid Taxes PrepaidTaxes	38910000	USD
CY2014Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-4541000	USD
CY2014Q4	us-gaap	Assets Current AssetsCurrent	253959000	USD
CY2014Q4	us-gaap	Investments Investments	71760000	USD
CY2014Q4	us-gaap	Construction In Progress Gross ConstructionInProgressGross	19029000	USD
CY2014Q4	us-gaap	Regulatory Assets Noncurrent RegulatoryAssetsNoncurrent	156823000	USD
CY2014Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	4837000	USD
CY2014Q4	us-gaap	Other Assets Current OtherAssetsCurrent	10711000	USD
CY2014Q4	mgee	Property Plant And Equipment Net Before Construction In Progress PropertyPlantAndEquipmentNetBeforeConstructionInProgress	1189077000	USD
CY2014Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1208106000	USD
CY2014Q4	us-gaap	Regulatory Assets Current RegulatoryAssetsCurrent	8360000	USD
CY2014Q4	us-gaap	Assets Assets	1697666000	USD
CY2014Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	4182000	USD
CY2014Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	41655000	USD
CY2014Q4	us-gaap	Derivative Liabilities Current DerivativeLiabilitiesCurrent	6901000	USD
CY2014Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	13931000	USD
CY2014Q4	us-gaap	Liabilities Current LiabilitiesCurrent	89996000	USD
CY2014Q4	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	342045000	USD
CY2014Q4	us-gaap	Accumulated Deferred Investment Tax Credit AccumulatedDeferredInvestmentTaxCredit	1223000	USD
CY2014Q4	us-gaap	Regulatory Liability Noncurrent RegulatoryLiabilityNoncurrent	22715000	USD
CY2014Q4	us-gaap	Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent	90201000	USD
CY2014Q4	us-gaap	Derivative Liabilities Noncurrent DerivativeLiabilitiesNoncurrent	46560000	USD
CY2014Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	50269000	USD
CY2014Q4	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	553013000	USD
CY2014Q4	us-gaap	Stockholders Equity StockholdersEquity	659401000	USD
CY2014Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	395256000	USD
CY2014Q4	us-gaap	Capitalization Longterm Debt And Equity CapitalizationLongtermDebtAndEquity	1054657000	USD
CY2014Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1697666000	USD
CY2015Q1	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	0	shares
CY2014Q1	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	0	shares
CY2015Q1	us-gaap	Dilutive Securities DilutiveSecurities	0	USD
CY2015Q1	us-gaap	Derivatives Methods Of Accounting Hedging Derivatives DerivativesMethodsOfAccountingHedgingDerivatives	<div><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:45pt;' >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 </font><font style='font-family:Times New Roman;font-size:10pt;' >prices</font><font style='font-family:Times New Roman;font-size:10pt;' >. 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, MGE Energy and MGE recognize such deri</font><font style='font-family:Times New Roman;font-size:10pt;' >vatives in the consolidated balance sheets at fair value. MGE's </font><font style='font-family:Times New Roman;font-size:10pt;' >commodity </font><font style='font-family:Times New Roman;font-size:10pt;' >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 r</font><font style='font-family:Times New Roman;font-size:10pt;' >isk management strategies. The maximum length of time over which cash flows related to energy commodities can be hedg</font><font style='font-family:Times New Roman;font-size:10pt;' >ed is four years. If the derivative qualifies for regulatory deferral, the derivatives are marked to fair value and are offset with a corre</font><font style='font-family:Times New Roman;font-size:10pt;' >sponding regulatory asset or liability. 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 </font><font style='font-family:Times New Roman;font-size:10pt;' >PGA or in electric rates as a component of the fuel rules mechanism. </font></p></div>
CY2015Q1	mgee	Fair Value Inputs Delivery Points Basis Adjustment On Peak FairValueInputsDeliveryPointsBasisAdjustmentOnPeak	0.975	pure
CY2015Q1	mgee	Fair Value Inputs Delivery Points Basis Adjustment Off Peak FairValueInputsDeliveryPointsBasisAdjustmentOffPeak	0.947	pure
CY2015Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax	-57000	USD
CY2015Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings	-1328000	USD
CY2014Q4	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue	-53986000	USD
CY2013Q4	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue	-64628000	USD
CY2015Q1	mgee	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Regulatory Liabilities Assets FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInRegulatoryLiabilitiesAssets	119000	USD
CY2015Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Other Comprehensive Income FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome	0	USD
CY2015Q1	mgee	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Current Assets FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInCurrentAssets	0	USD
CY2015Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases	6162000	USD
CY2015Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Sales FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales	-34000	USD
CY2015Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues	0	USD
CY2015Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements	4867000	USD
CY2015Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Transfers Net FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityTransfersNet	0	USD
CY2015Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue	-53866000	USD
CY2014Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue	-58797000	USD
CY2015Q1	us-gaap	Fair Value Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss	0	USD
CY2015Q1	mgee	Counterparties In Default CounterpartiesInDefault	0
CY2015Q1	us-gaap	Utilities Operating Expense UtilitiesOperatingExpense	138283000	USD
CY2015Q1	mgee	Utilities Operating Expense Excluding Depreciation And Amortization UtilitiesOperatingExpenseExcludingDepreciationAndAmortization	127434000	USD
CY2014Q4	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	11241000	USD
CY2014Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2015Q1	us-gaap	Electric Domestic Regulated Revenue ElectricDomesticRegulatedRevenue	98240000	USD
CY2015Q1	us-gaap	Gas Domestic Regulated Revenue GasDomesticRegulatedRevenue	69928000	USD
CY2015Q1	us-gaap	Unregulated Operating Revenue UnregulatedOperatingRevenue	1966000	USD
CY2015Q1	us-gaap	Regulated And Unregulated Operating Revenue RegulatedAndUnregulatedOperatingRevenue	170134000	USD
CY2015Q1	us-gaap	Utilities Operating Expense Fuel Used UtilitiesOperatingExpenseFuelUsed	11892000	USD
CY2015Q1	us-gaap	Utilities Operating Expense Purchased Power UtilitiesOperatingExpensePurchasedPower	22865000	USD
CY2015Q1	mgee	Utilities Operating Expense Cost Of Gas Sold UtilitiesOperatingExpenseCostOfGasSold	46919000	USD
CY2015Q1	us-gaap	Utilities Operating Expense Maintenance And Operations UtilitiesOperatingExpenseMaintenanceAndOperations	40674000	USD
CY2015Q1	us-gaap	Utilities Operating Expense Depreciation And Amortization UtilitiesOperatingExpenseDepreciationAndAmortization	10849000	USD
CY2015Q1	us-gaap	Utilities Operating Expense Taxes UtilitiesOperatingExpenseTaxes	5084000	USD
CY2015Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	31851000	USD
CY2015Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	2105000	USD
CY2015Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-5091000	USD
CY2015Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Domestic IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic	28865000	USD
CY2015Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	10587000	USD
CY2015Q1	us-gaap	Net Income Loss NetIncomeLoss	18278000	USD
CY2015Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.53
CY2015Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.283
CY2015Q1	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	34668000	shares
CY2014Q1	us-gaap	Electric Domestic Regulated Revenue ElectricDomesticRegulatedRevenue	98852000	USD
CY2014Q1	us-gaap	Gas Domestic Regulated Revenue GasDomesticRegulatedRevenue	110713000	USD
CY2014Q1	us-gaap	Unregulated Operating Revenue UnregulatedOperatingRevenue	680000	USD
CY2014Q1	us-gaap	Utilities Operating Expense Fuel Used UtilitiesOperatingExpenseFuelUsed	14132000	USD
CY2014Q1	us-gaap	Utilities Operating Expense Purchased Power UtilitiesOperatingExpensePurchasedPower	18555000	USD
CY2014Q1	mgee	Utilities Operating Expense Cost Of Gas Sold UtilitiesOperatingExpenseCostOfGasSold	78508000	USD
CY2014Q1	us-gaap	Utilities Operating Expense Maintenance And Operations UtilitiesOperatingExpenseMaintenanceAndOperations	40472000	USD
CY2014Q1	us-gaap	Utilities Operating Expense Taxes UtilitiesOperatingExpenseTaxes	4861000	USD
CY2014Q1	us-gaap	Utilities Operating Expense UtilitiesOperatingExpense	166274000	USD
CY2014Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.80
CY2014Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.272
CY2014Q1	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	34668000	shares
CY2014Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	7000	USD
CY2014Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	27724000	USD
CY2014Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax	5000	USD
CY2015Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	3723000	USD
CY2014Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-877000	USD
CY2015Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	97000	USD
CY2014Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	743000	USD
CY2015Q1	us-gaap	Pension And Other Postretirement Benefit Expense PensionAndOtherPostretirementBenefitExpense	792000	USD
CY2014Q1	us-gaap	Pension And Other Postretirement Benefit Expense PensionAndOtherPostretirementBenefitExpense	-332000	USD
CY2015Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	1881000	USD
CY2014Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	2481000	USD
CY2015Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	658000	USD
CY2014Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	679000	USD
CY2015Q1	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	-17985000	USD
CY2014Q1	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	-3283000	USD
CY2015Q1	us-gaap	Increase Decrease In Other Current Liabilities IncreaseDecreaseInOtherCurrentLiabilities	-11091000	USD
CY2014Q1	us-gaap	Increase Decrease In Other Current Liabilities IncreaseDecreaseInOtherCurrentLiabilities	19604000	USD
CY2015Q1	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	1420000	USD
CY2014Q1	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	1917000	USD
CY2015Q1	us-gaap	Pension And Other Postretirement Benefit Contributions PensionAndOtherPostretirementBenefitContributions	10809000	USD
CY2014Q1	us-gaap	Pension And Other Postretirement Benefit Contributions PensionAndOtherPostretirementBenefitContributions	818000	USD
CY2015Q1	us-gaap	Increase Decrease In Other Noncurrent Assets And Liabilities Net IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet	-5935000	USD
CY2014Q1	us-gaap	Increase Decrease In Other Noncurrent Assets And Liabilities Net IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet	-547000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	34640000	USD
CY2014Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	58370000	USD
CY2014Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	21800000	USD
CY2015Q1	us-gaap	Payments To Acquire Interest In Subsidiaries And Affiliates PaymentsToAcquireInterestInSubsidiariesAndAffiliates	280000	USD
CY2014Q1	us-gaap	Payments To Acquire Interest In Subsidiaries And Affiliates PaymentsToAcquireInterestInSubsidiariesAndAffiliates	693000	USD
CY2015Q1	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	48000	USD
CY2014Q1	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	682000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-11861000	USD
CY2014Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-23175000	USD
CY2015Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	9794000	USD
CY2014Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	9420000	USD
CY2015Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	1037000	USD
CY2014Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	1019000	USD
CY2015Q1	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	0	USD
CY2014Q1	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-80000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-17831000	USD
CY2014Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-10519000	USD
CY2015Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2015Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	43861000	USD
CY2015Q1	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	6443000	USD
CY2015Q1	mgee	Unbilled Revenues UnbilledRevenues	25366000	USD
CY2015Q1	us-gaap	Other Inventory Supplies OtherInventorySupplies	18027000	USD
CY2015Q1	us-gaap	Energy Related Inventory Other Fossil Fuel EnergyRelatedInventoryOtherFossilFuel	14418000	USD
CY2015Q1	us-gaap	Energy Related Inventory Gas Stored Underground EnergyRelatedInventoryGasStoredUnderground	8398000	USD
CY2015Q1	us-gaap	Prepaid Taxes PrepaidTaxes	30860000	USD
CY2015Q1	us-gaap	Regulatory Assets Current RegulatoryAssetsCurrent	7537000	USD
CY2015Q1	us-gaap	Other Assets Current OtherAssetsCurrent	10219000	USD
CY2015Q1	us-gaap	Assets Current AssetsCurrent	235941000	USD
CY2015Q1	us-gaap	Regulatory Assets Noncurrent RegulatoryAssetsNoncurrent	155473000	USD
CY2015Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	4548000	USD
CY2015Q1	mgee	Property Plant And Equipment Net Before Construction In Progress PropertyPlantAndEquipmentNetBeforeConstructionInProgress	1189106000	USD
CY2015Q1	us-gaap	Construction In Progress Gross ConstructionInProgressGross	21322000	USD
CY2015Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1210428000	USD
CY2015Q1	us-gaap	Investments Investments	72347000	USD
CY2015Q1	us-gaap	Long Term Debt Current LongTermDebtCurrent	4203000	USD
CY2015Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	37540000	USD
CY2015Q1	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	8318000	USD
CY2015Q1	us-gaap	Derivative Liabilities Current DerivativeLiabilitiesCurrent	7120000	USD
CY2015Q1	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	10511000	USD
CY2015Q1	us-gaap	Liabilities Current LiabilitiesCurrent	71691000	USD
CY2015Q1	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	342400000	USD
CY2015Q1	us-gaap	Accumulated Deferred Investment Tax Credit AccumulatedDeferredInvestmentTaxCredit	1179000	USD
CY2015Q1	us-gaap	Regulatory Liability Noncurrent RegulatoryLiabilityNoncurrent	23981000	USD
CY2015Q1	us-gaap	Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent	79742000	USD
CY2015Q1	us-gaap	Derivative Liabilities Noncurrent DerivativeLiabilitiesNoncurrent	46319000	USD
CY2015Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	57017000	USD
CY2015Q1	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	550638000	USD
CY2015Q1	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	394204000	USD
CY2015Q1	us-gaap	Capitalization Longterm Debt And Equity CapitalizationLongtermDebtAndEquity	1061862000	USD
CY2015Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1684191000	USD
CY2014Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	7000	USD
CY2014Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	9420000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-85000	USD
CY2015Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	9794000	USD
CY2013Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	68813000	USD
CY2014Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	93489000	USD
CY2015Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	4948000	USD
CY2014Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	24676000	USD
CY2015Q1	dei	Document Type DocumentType	10-Q
CY2015Q1	dei	Document Period End Date DocumentPeriodEndDate	2015-03-31
CY2015Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2015
CY2015Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2015Q1	dei	Amendment Flag AmendmentFlag	false
CY2015Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2015Q1	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	Yes
CY2015Q1	dei	Entity Registrant Name EntityRegistrantName	MGE Energy Inc
CY2015Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001161728
CY2015Q1	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2015Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2015Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2015Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	34668370	shares
CY2014Q1	mgee	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Regulatory Liabilities Assets FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInRegulatoryLiabilitiesAssets	5831000	USD
CY2014Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Other Comprehensive Income FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome	0	USD
CY2014Q1	mgee	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Current Assets FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInCurrentAssets	-53000	USD
CY2014Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases	6859000	USD
CY2014Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Sales FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales	60000	USD
CY2014Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues	0	USD
CY2014Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements	13380000	USD
CY2014Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Transfers Net FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityTransfersNet	0	USD
CY2014Q1	us-gaap	Fair Value Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss	0	USD
CY2015Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	70703000	USD
CY2015Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	11533000	USD
CY2015Q1	us-gaap	Assets Assets	1684191000	USD
CY2015Q1	us-gaap	Stockholders Equity StockholdersEquity	667658000	USD
CY2014Q1	mgee	Stockholders Equity Value Cash In Lieu Of Fractional Shares Related To Stock Split StockholdersEquityValueCashInLieuOfFractionalSharesRelatedToStockSplit	80000	USD
CY2014Q4	us-gaap	Derivative Net Liability Position Aggregate Fair Value DerivativeNetLiabilityPositionAggregateFairValue	100000	USD
CY2015Q1	us-gaap	Derivative Net Liability Position Aggregate Fair Value DerivativeNetLiabilityPositionAggregateFairValue	100000	USD
CY2015Q1	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	3972000	USD
CY2014Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	4329000	USD
CY2015Q1	us-gaap	Allowance For Doubtful Accounts Premiums And Other Receivables AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables	401000	USD
CY2014Q4	us-gaap	Allowance For Doubtful Accounts Premiums And Other Receivables AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables	420000	USD
CY2015Q1	us-gaap	Proceeds From Repayments Of Short Term Debt ProceedsFromRepaymentsOfShortTermDebt	-7000000	USD
CY2014Q1	us-gaap	Proceeds From Repayments Of Short Term Debt ProceedsFromRepaymentsOfShortTermDebt	0	USD
CY2014Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	43971000	USD
CY2014Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	4552000	USD
CY2014Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Domestic IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic	43982000	USD
CY2014Q1	us-gaap	Net Income Loss NetIncomeLoss	27717000	USD
CY2014Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	16265000	USD
CY2014Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings	6634000	USD
CY2015Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.367	pure
CY2014Q1	mgee	Utilities Operating Expense Excluding Depreciation And Amortization UtilitiesOperatingExpenseExcludingDepreciationAndAmortization	156528000	USD
CY2015Q1	mgee	Accruedinterestandtaxes Accruedinterestandtaxes	3999000	USD
CY2014Q4	mgee	Accruedinterestandtaxes Accruedinterestandtaxes	5086000	USD
CY2014Q1	us-gaap	Regulated And Unregulated Operating Revenue RegulatedAndUnregulatedOperatingRevenue	210245000	USD
CY2014Q1	us-gaap	Utilities Operating Expense Depreciation And Amortization UtilitiesOperatingExpenseDepreciationAndAmortization	9746000	USD
CY2015Q1	us-gaap	Derivative Collateral Right To Reclaim Cash DerivativeCollateralRightToReclaimCash	600000	USD
CY2014	mgee	Fair Value Inputs Delivery Points Basis Adjustment On Peak FairValueInputsDeliveryPointsBasisAdjustmentOnPeak	0.981	pure
CY2014	mgee	Fair Value Inputs Delivery Points Basis Adjustment Off Peak FairValueInputsDeliveryPointsBasisAdjustmentOffPeak	0.95	pure
CY2014Q4	mgee	Stockholders Equity Adjusted Balance StockholdersEquityAdjustedBalance	659259000	USD
CY2014Q1	us-gaap	Stockholders Equity StockholdersEquity	635734000	USD
CY2015Q1	us-gaap	Deferred Tax Assets Liabilities Net Current DeferredTaxAssetsLiabilitiesNetCurrent	109000	USD
CY2014Q4	us-gaap	Deferred Tax Assets Liabilities Net Current DeferredTaxAssetsLiabilitiesNetCurrent	3482000	USD
CY2015Q1	us-gaap	Short Term Borrowings ShortTermBorrowings	0	USD
CY2014Q4	us-gaap	Short Term Borrowings ShortTermBorrowings	7000000	USD
CY2014Q4	mgee	Cumulative Effect Of New Accounting Principle In Period Of Adoption CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	-142000	USD
CY2015Q1	us-gaap	Notes And Loans Receivable Net Noncurrent NotesAndLoansReceivableNetNoncurrent	5454000	USD
CY2014Q4	us-gaap	Notes And Loans Receivable Net Noncurrent NotesAndLoansReceivableNetNoncurrent	2181000	USD
CY2015Q1	us-gaap	Derivative Liability Collateral Right To Reclaim Cash Offset DerivativeLiabilityCollateralRightToReclaimCashOffset	600000	USD
CY2014Q4	us-gaap	Derivative Liability Collateral Right To Reclaim Cash Offset DerivativeLiabilityCollateralRightToReclaimCashOffset	2200000	USD
CY2015Q1	dei	Trading Symbol TradingSymbol	MGEE
CY2014Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.37	pure

Files In Submission

Name	View Source	Status
0001161728-15-000008-index-headers.html	Edgar Link	pending
0001161728-15-000008-index.html	Edgar Link	pending
0001161728-15-000008.txt	Edgar Link	pending
0001161728-15-000008-xbrl.zip	Edgar Link	pending
ex12.htm	Edgar Link	pending
ex31_1.htm	Edgar Link	pending
ex31_2.htm	Edgar Link	pending
ex31_3.htm	Edgar Link	pending
ex31_4.htm	Edgar Link	pending
ex32_1.htm	Edgar Link	pending
ex32_2.htm	Edgar Link	pending
ex32_3.htm	Edgar Link	pending
ex32_4.htm	Edgar Link	pending
f10q_20150331.htm	Edgar Link	pending
f10q_20150331.pdf	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
mgee-20150331.xml	Edgar Link	completed
mgee-20150331.xsd	Edgar Link	pending
mgee-20150331_cal.xml	Edgar Link	unprocessable
mgee-20150331_def.xml	Edgar Link	unprocessable
mgee-20150331_lab.xml	Edgar Link	unprocessable
mgee-20150331_pre.xml	Edgar Link	unprocessable
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
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report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$MGEE
MGE ENERGY INC Stock $mgee

2015 Q1 Form 10-Q Financial Statement

#000116172815000008 Filed on May 07, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MGEE MGE ENERGY INC Stock $mgee

2015 Q1 Form 10-Q Financial Statement

#000116172815000008 Filed on May 07, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MGEE
MGE ENERGY INC Stock $mgee