$MGEE
MGE ENERGY INC Stock $mgee

$mgee Overview Financials Valuation SEC Filings Company Website

2016 Q2 Form 10-Q Financial Statement

#000116172816000032 Filed on May 05, 2016

Income Statement

Concept	2016 Q2	2016 Q1	2015 Q1
Revenue	$121.6M	$147.5M	$170.1M
YoY Change	-0.45%	-13.29%	-19.08%
Cost Of Revenue	$21.30M	$47.20M	$69.80M
YoY Change	-23.66%	-32.38%	-28.12%
Gross Profit	$100.3M	$100.3M	$100.3M
YoY Change	6.48%	0.0%	-11.32%
Gross Profit Margin	82.5%	67.99%	58.95%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$11.10M	$11.00M	$10.80M
YoY Change	0.91%	1.85%	11.34%
% of Gross Profit	11.07%	10.97%	10.77%
Operating Expenses	$72.10M	$70.80M	$68.50M
YoY Change	2.71%	3.36%	-1.01%
Operating Profit	$28.21M	$29.53M	$31.85M
YoY Change	17.31%	-7.28%	-27.56%
Interest Expense	-$5.000M	-$5.000M	-$5.100M
YoY Change	0.0%	-1.96%	13.33%
% of Operating Profit	-17.72%	-16.93%	-16.01%
Other Income/Expense, Net	$2.179M	$2.442M	$2.105M
YoY Change	-10.92%	16.01%	-53.76%
Pretax Income	$25.43M	$26.97M	$28.87M
YoY Change	18.37%	-6.55%	-34.37%
Income Tax	$9.284M	$9.945M	$10.59M
% Of Pretax Income	36.5%	36.87%	36.68%
Net Earnings	$16.15M	$17.03M	$18.28M
YoY Change	19.82%	-6.84%	-34.05%
Net Earnings / Revenue	13.28%	11.54%	10.74%
Basic Earnings Per Share
Diluted Earnings Per Share	$466.9K	$489.9K	$527.4K
COMMON SHARES
Basic Shares Outstanding	34.67M shares	34.67M shares	34.67M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2016 Q2	2016 Q1	2015 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$110.3M	$97.30M	$70.70M
YoY Change	45.51%	37.62%	-24.39%
Cash & Equivalents	$110.3M	$97.33M	$70.70M
Short-Term Investments
Other Short-Term Assets	$13.40M	$9.992M	$10.22M
YoY Change	23.01%	-2.22%	-81.55%
Inventory	$40.40M	$39.10M	$40.80M
Prepaid Expenses
Receivables	$31.44M	$36.71M	$43.86M
Other Receivables	$6.765M	$5.637M	$6.443M
Total Short-Term Assets	$254.9M	$247.2M	$235.9M
YoY Change	10.44%	4.77%	-1.24%
LONG-TERM ASSETS
Property, Plant & Equipment	$1.267B	$1.251B	$1.210B
YoY Change	3.56%	3.39%	3.08%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$75.30M	$75.30M	$72.30M
YoY Change	2.59%	4.15%	4.48%
Other Assets	$6.372M	$6.476M	$4.548M
YoY Change	-34.46%	42.39%	-32.7%
Total Long-Term Assets	$1.496B	$1.483B	$1.448B
YoY Change	2.27%	2.41%	5.59%
TOTAL ASSETS
Total Short-Term Assets	$254.9M	$247.2M	$235.9M
Total Long-Term Assets	$1.496B	$1.483B	$1.448B
Total Assets	$1.751B	$1.730B	$1.684B
YoY Change	3.39%	2.74%	4.58%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$46.30M	$41.13M	$37.54M
YoY Change	34.0%	9.57%	-33.17%
Accrued Expenses	$14.40M	$12.90M	$12.30M
YoY Change	5.88%	4.88%	-45.58%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$34.29M	$34.26M	$4.203M
YoY Change	711.88%	715.23%	1.99%
Total Short-Term Liabilities	$128.6M	$117.9M	$71.69M
YoY Change	68.82%	64.49%	-34.54%
LONG-TERM LIABILITIES
Long-Term Debt	$354.8M	$355.8M	$394.2M
YoY Change	-9.75%	-9.74%	-1.05%
Other Long-Term Liabilities	$63.87M	$62.62M	$57.02M
YoY Change	9.05%	9.83%	5.28%
Total Long-Term Liabilities	$564.2M	$559.6M	$550.6M
YoY Change	2.1%	1.63%	17.96%
TOTAL LIABILITIES
Total Short-Term Liabilities	$128.6M	$117.9M	$71.69M
Total Long-Term Liabilities	$564.2M	$559.6M	$550.6M
Total Liabilities	$692.8M	$677.5M	$622.3M
YoY Change	10.18%	8.87%	7.99%
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	$703.0M	$697.1M	$667.7M
YoY Change
Total Liabilities & Shareholders Equity	$1.751B	$1.730B	$1.684B
YoY Change	3.39%	2.74%	4.58%

Cashflow Statement

Concept	2016 Q2	2016 Q1	2015 Q1
OPERATING ACTIVITIES
Net Income	$16.15M	$17.03M	$18.28M
YoY Change	19.82%	-6.84%	-34.05%
Depreciation, Depletion And Amortization	$11.10M	$11.00M	$10.80M
YoY Change	0.91%	1.85%	11.34%
Cash From Operating Activities	$49.80M	$43.73M	$34.64M
YoY Change	29.69%	26.24%	-40.65%
INVESTING ACTIVITIES
Capital Expenditures	-$25.20M	$15.64M	$11.53M
YoY Change	16.13%	35.63%	-47.1%
Acquisitions
YoY Change
Other Investing Activities	-$300.0K	$183.0K	$48.00K
YoY Change	0.0%	281.25%	-92.96%
Cash From Investing Activities	-$25.50M	-$16.50M	-$11.86M
YoY Change	16.44%	39.08%	-48.82%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net		$1.059M	$1.037M
YoY Change		2.12%	1.77%
Cash From Financing Activities	-11.30M	-$11.29M	-$17.83M
YoY Change	-0.88%	-36.71%	69.51%
NET CHANGE
Cash From Operating Activities	49.80M	$43.73M	$34.64M
Cash From Investing Activities	-25.50M	-$16.50M	-$11.86M
Cash From Financing Activities	-11.30M	-$11.29M	-$17.83M
Net Change In Cash	13.00M	$15.95M	$4.948M
YoY Change	154.9%	222.29%	-79.95%
FREE CASH FLOW
Cash From Operating Activities	$49.80M	$43.73M	$34.64M
Capital Expenditures	-$25.20M	$15.64M	$11.53M
Free Cash Flow	$75.00M	$28.09M	$23.11M
YoY Change	24.79%	21.55%	-36.81%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2015Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	-85000	USD
CY2015Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	37112000	USD
CY2015Q4	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	7477000	USD
CY2015Q4	us-gaap	Other Inventory Supplies OtherInventorySupplies	19155000	USD
CY2015Q4	us-gaap	Energy Related Inventory Other Fossil Fuel EnergyRelatedInventoryOtherFossilFuel	13110000	USD
CY2015Q4	us-gaap	Energy Related Inventory Gas Stored Underground EnergyRelatedInventoryGasStoredUnderground	16145000	USD
CY2015Q4	us-gaap	Prepaid Taxes PrepaidTaxes	35252000	USD
CY2015Q4	us-gaap	Regulatory Assets Current RegulatoryAssetsCurrent	9538000	USD
CY2015Q4	us-gaap	Other Assets Current OtherAssetsCurrent	10570000	USD
CY2015Q4	us-gaap	Assets Current AssetsCurrent	254751000	USD
CY2015Q4	us-gaap	Regulatory Assets Noncurrent RegulatoryAssetsNoncurrent	148199000	USD
CY2015Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	61820000	USD
CY2015Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	6377000	USD
CY2015Q4	mgee	Property Plant And Equipment Net Before Construction In Progress PropertyPlantAndEquipmentNetBeforeConstructionInProgress	1217094000	USD
CY2015Q4	us-gaap	Construction In Progress Gross ConstructionInProgressGross	26351000	USD
CY2015Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1243445000	USD
CY2015Q4	us-gaap	Investments Investments	73631000	USD
CY2015Q4	us-gaap	Assets Assets	1726403000	USD
CY2015Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	4266000	USD
CY2015Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	40830000	USD
CY2015Q4	us-gaap	Derivative Liabilities Current DerivativeLiabilitiesCurrent	8343000	USD
CY2015Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	4910000	USD
CY2015Q4	us-gaap	Liabilities Current LiabilitiesCurrent	84146000	USD
CY2015Q4	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	360785000	USD
CY2015Q4	us-gaap	Accumulated Deferred Investment Tax Credit AccumulatedDeferredInvestmentTaxCredit	1050000	USD
CY2015Q4	us-gaap	Regulatory Liability Noncurrent RegulatoryLiabilityNoncurrent	20785000	USD
CY2015Q4	us-gaap	Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent	75680000	USD
CY2015Q4	us-gaap	Derivative Liabilities Noncurrent DerivativeLiabilitiesNoncurrent	44935000	USD
CY2015Q4	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	565055000	USD
CY2015Q4	us-gaap	Stockholders Equity StockholdersEquity	690458000	USD
CY2015Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	386744000	USD
CY2015Q4	us-gaap	Capitalization Longterm Debt And Equity CapitalizationLongtermDebtAndEquity	1077202000	USD
CY2015Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1726403000	USD
CY2016Q1	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	0	shares
CY2015Q1	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	0	shares
CY2016Q1	us-gaap	Dilutive Securities DilutiveSecurities	0	USD
CY2016Q1	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 derivatives in the co</font><font style='font-family:Times New Roman;font-size:10pt;' >nsolidated 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 t</font><font style='font-family:Times New Roman;font-size:10pt;' >he volume MGE can hedge with specific risk management st</font><font style='font-family:Times New Roman;font-size:10pt;' >rategies. The maximum length of time over which cash flows related to energy commodities can be hedged is four years. If the derivative qualifies for regulatory deferral, the derivatives are marked to fair value and are offset with a corresponding regulato</font><font style='font-family:Times New Roman;font-size:10pt;' >ry 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 PGA or in electri</font><font style='font-family:Times New Roman;font-size:10pt;' >c rates as a component of the fuel rules mechanism. </font></p></div>
CY2016Q1	mgee	Fair Value Inputs Delivery Points Basis Adjustment On Peak FairValueInputsDeliveryPointsBasisAdjustmentOnPeak	0.967	pure
CY2016Q1	mgee	Fair Value Inputs Delivery Points Basis Adjustment Off Peak FairValueInputsDeliveryPointsBasisAdjustmentOffPeak	0.959	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
CY2015Q4	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue	-53501000	USD
CY2014Q4	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue	-53986000	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	0	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	4833000	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
CY2015Q1	us-gaap	Fair Value Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss	0	USD
CY2016Q1	mgee	Counterparties In Default CounterpartiesInDefault	0
CY2015Q1	mgee	Utilities Operating Expense Excluding Depreciation And Amortization UtilitiesOperatingExpenseExcludingDepreciationAndAmortization	127434000	USD
CY2015Q4	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	11215000	USD
CY2016Q1	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	-22311000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	-164000	USD
CY2016Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	16864000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax	-110000	USD
CY2016Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	2840000	USD
CY2016Q1	us-gaap	Increase Decrease In Other Current Liabilities IncreaseDecreaseInOtherCurrentLiabilities	1487000	USD
CY2016Q1	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	865000	USD
CY2015Q1	us-gaap	Gas Domestic Regulated Revenue GasDomesticRegulatedRevenue	69928000	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 Depreciation And Amortization UtilitiesOperatingExpenseDepreciationAndAmortization	10849000	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
CY2016Q1	us-gaap	Gas Domestic Regulated Revenue GasDomesticRegulatedRevenue	53837000	USD
CY2016Q1	us-gaap	Utilities Operating Expense Fuel Used UtilitiesOperatingExpenseFuelUsed	12013000	USD
CY2016Q1	us-gaap	Utilities Operating Expense Purchased Power UtilitiesOperatingExpensePurchasedPower	14670000	USD
CY2016Q1	mgee	Utilities Operating Expense Cost Of Gas Sold UtilitiesOperatingExpenseCostOfGasSold	32523000	USD
CY2016Q1	us-gaap	Utilities Operating Expense Maintenance And Operations UtilitiesOperatingExpenseMaintenanceAndOperations	42730000	USD
CY2016Q1	us-gaap	Utilities Operating Expense Taxes UtilitiesOperatingExpenseTaxes	5028000	USD
CY2016Q1	us-gaap	Utilities Operating Expense UtilitiesOperatingExpense	117996000	USD
CY2016Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.49
CY2016Q1	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	34668000	shares
CY2015Q1	us-gaap	Utilities Operating Expense Taxes UtilitiesOperatingExpenseTaxes	5084000	USD
CY2015Q1	us-gaap	Utilities Operating Expense UtilitiesOperatingExpense	138283000	USD
CY2015Q1	us-gaap	Utilities Operating Expense Maintenance And Operations UtilitiesOperatingExpenseMaintenanceAndOperations	40674000	USD
CY2016Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	592000	USD
CY2016Q1	us-gaap	Pension And Other Postretirement Benefit Expense PensionAndOtherPostretirementBenefitExpense	-57000	USD
CY2016Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	2233000	USD
CY2016Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-86000	USD
CY2016Q1	us-gaap	Pension And Other Postretirement Benefit Contributions PensionAndOtherPostretirementBenefitContributions	11159000	USD
CY2016Q1	us-gaap	Increase Decrease In Other Noncurrent Assets And Liabilities Net IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet	-937000	USD
CY2016Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	43729000	USD
CY2016Q1	us-gaap	Payments To Acquire Interest In Subsidiaries And Affiliates PaymentsToAcquireInterestInSubsidiariesAndAffiliates	671000	USD
CY2016Q1	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	183000	USD
CY2016Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-16496000	USD
CY2016Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	10227000	USD
CY2016Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	1059000	USD
CY2016Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-11286000	USD
CY2016Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2016Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	36710000	USD
CY2016Q1	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	5637000	USD
CY2016Q1	us-gaap	Other Inventory Supplies OtherInventorySupplies	20335000	USD
CY2016Q1	us-gaap	Energy Related Inventory Other Fossil Fuel EnergyRelatedInventoryOtherFossilFuel	10222000	USD
CY2016Q1	us-gaap	Energy Related Inventory Gas Stored Underground EnergyRelatedInventoryGasStoredUnderground	8548000	USD
CY2016Q1	us-gaap	Prepaid Taxes PrepaidTaxes	24606000	USD
CY2016Q1	us-gaap	Regulatory Assets Current RegulatoryAssetsCurrent	10448000	USD
CY2016Q1	us-gaap	Other Assets Current OtherAssetsCurrent	9992000	USD
CY2016Q1	us-gaap	Assets Current AssetsCurrent	247204000	USD
CY2016Q1	us-gaap	Regulatory Assets Noncurrent RegulatoryAssetsNoncurrent	149987000	USD
CY2016Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	6476000	USD
CY2016Q1	mgee	Property Plant And Equipment Net Before Construction In Progress PropertyPlantAndEquipmentNetBeforeConstructionInProgress	1218282000	USD
CY2016Q1	us-gaap	Construction In Progress Gross ConstructionInProgressGross	33198000	USD
CY2016Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1251480000	USD
CY2016Q1	us-gaap	Investments Investments	75269000	USD
CY2016Q1	us-gaap	Long Term Debt Current LongTermDebtCurrent	34264000	USD
CY2016Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	41132000	USD
CY2016Q1	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	8926000	USD
CY2016Q1	us-gaap	Derivative Liabilities Current DerivativeLiabilitiesCurrent	9374000	USD
CY2016Q1	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	9181000	USD
CY2016Q1	us-gaap	Liabilities Current LiabilitiesCurrent	117923000	USD
CY2016Q1	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	363671000	USD
CY2016Q1	us-gaap	Accumulated Deferred Investment Tax Credit AccumulatedDeferredInvestmentTaxCredit	1024000	USD
CY2016Q1	us-gaap	Regulatory Liability Noncurrent RegulatoryLiabilityNoncurrent	21493000	USD
CY2016Q1	us-gaap	Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent	64259000	USD
CY2016Q1	us-gaap	Derivative Liabilities Noncurrent DerivativeLiabilitiesNoncurrent	46540000	USD
CY2016Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	62620000	USD
CY2016Q1	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	559607000	USD
CY2016Q1	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	355791000	USD
CY2016Q1	us-gaap	Capitalization Longterm Debt And Equity CapitalizationLongtermDebtAndEquity	1052886000	USD
CY2016Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1730416000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-85000	USD
CY2015Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	9794000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-164000	USD
CY2016Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	10227000	USD
CY2014Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	65755000	USD
CY2015Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	70703000	USD
CY2016Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	15947000	USD
CY2016Q1	dei	Document Period End Date DocumentPeriodEndDate	2016-03-31
CY2016Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2016
CY2016Q1	dei	Amendment Flag AmendmentFlag	false
CY2016Q1	dei	Entity Registrant Name EntityRegistrantName	MGE Energy Inc
CY2016Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2016Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Transfers Net FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityTransfersNet	0	USD
CY2016Q1	mgee	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Current Assets FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInCurrentAssets	0	USD
CY2016Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases	5301000	USD
CY2015Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2016Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	34668370	shares
CY2016Q1	mgee	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Regulatory Liabilities Assets FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInRegulatoryLiabilitiesAssets	-3600000	USD
CY2016Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Other Comprehensive Income FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome	0	USD
CY2016Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Sales FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales	0	USD
CY2016Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues	0	USD
CY2016Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements	3138000	USD
CY2016Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue	-57101000	USD
CY2016Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.369	pure
CY2015Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.367	pure
CY2016Q1	mgee	Utilities Operating Expense Excluding Depreciation And Amortization UtilitiesOperatingExpenseExcludingDepreciationAndAmortization	106964000	USD
CY2016Q1	mgee	Accruedinterestandtaxes Accruedinterestandtaxes	3975000	USD
CY2015Q4	mgee	Accruedinterestandtaxes Accruedinterestandtaxes	5067000	USD
CY2016Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.295
CY2015Q1	us-gaap	Stockholders Equity StockholdersEquity	667658000	USD
CY2016Q1	us-gaap	Derivative Collateral Right To Reclaim Cash DerivativeCollateralRightToReclaimCash	1000000	USD
CY2015	mgee	Fair Value Inputs Delivery Points Basis Adjustment On Peak FairValueInputsDeliveryPointsBasisAdjustmentOnPeak	0.969	pure
CY2015	mgee	Fair Value Inputs Delivery Points Basis Adjustment Off Peak FairValueInputsDeliveryPointsBasisAdjustmentOffPeak	0.951	pure
CY2016Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	15642000	USD
CY2016Q1	us-gaap	Assets Assets	1730416000	USD
CY2015Q4	us-gaap	Derivative Net Liability Position Aggregate Fair Value DerivativeNetLiabilityPositionAggregateFairValue	100000	USD
CY2016Q1	us-gaap	Derivative Net Liability Position Aggregate Fair Value DerivativeNetLiabilityPositionAggregateFairValue	100000	USD
CY2016Q1	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	3289000	USD
CY2015Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	3052000	USD
CY2016Q1	us-gaap	Allowance For Doubtful Accounts Premiums And Other Receivables AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables	569000	USD
CY2015Q4	us-gaap	Allowance For Doubtful Accounts Premiums And Other Receivables AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables	642000	USD
CY2016Q1	us-gaap	Proceeds From Repayments Of Short Term Debt ProceedsFromRepaymentsOfShortTermDebt	0	USD
CY2016Q1	us-gaap	Derivative Liability Collateral Right To Reclaim Cash Offset DerivativeLiabilityCollateralRightToReclaimCashOffset	1000000	USD
CY2015Q4	us-gaap	Derivative Liability Collateral Right To Reclaim Cash Offset DerivativeLiabilityCollateralRightToReclaimCashOffset	1000000	USD
CY2016Q1	dei	Trading Symbol TradingSymbol	MGEE
CY2016Q1	us-gaap	Utilities Operating Expense Depreciation And Amortization UtilitiesOperatingExpenseDepreciationAndAmortization	11032000	USD
CY2016Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	29531000	USD
CY2016Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	2442000	USD
CY2016Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-5000000	USD
CY2016Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Domestic IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic	26973000	USD
CY2016Q1	us-gaap	Net Income Loss NetIncomeLoss	17028000	USD
CY2016Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	9945000	USD
CY2015Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	3723000	USD
CY2015Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	97000	USD
CY2015Q1	us-gaap	Pension And Other Postretirement Benefit Expense PensionAndOtherPostretirementBenefitExpense	792000	USD
CY2015Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	1881000	USD
CY2015Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	658000	USD
CY2015Q1	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	-17985000	USD
CY2015Q1	us-gaap	Increase Decrease In Other Current Liabilities IncreaseDecreaseInOtherCurrentLiabilities	-11091000	USD
CY2015Q1	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	1420000	USD
CY2015Q1	us-gaap	Pension And Other Postretirement Benefit Contributions PensionAndOtherPostretirementBenefitContributions	10809000	USD
CY2015Q1	us-gaap	Increase Decrease In Other Noncurrent Assets And Liabilities Net IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet	-5935000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	34640000	USD
CY2015Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	11533000	USD
CY2015Q1	us-gaap	Payments To Acquire Interest In Subsidiaries And Affiliates PaymentsToAcquireInterestInSubsidiariesAndAffiliates	280000	USD
CY2015Q1	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	48000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-11861000	USD
CY2015Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	9794000	USD
CY2015Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	1037000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-17831000	USD
CY2015Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	4948000	USD
CY2015Q1	us-gaap	Proceeds From Repayments Of Short Term Debt ProceedsFromRepaymentsOfShortTermDebt	-7000000	USD
CY2016Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	97331000	USD
CY2016Q1	us-gaap	Stockholders Equity StockholdersEquity	697095000	USD
CY2014Q4	us-gaap	Cumulative Effect Of New Accounting Principle In Period Of Adoption CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	-142000	USD
CY2014Q4	mgee	Stockholders Equity Adjusted Balance StockholdersEquityAdjustedBalance	659259000	USD
CY2015Q1	us-gaap	Electric Utility Revenue ElectricUtilityRevenue	100206000	USD
CY2016Q1	us-gaap	Electric Utility Revenue ElectricUtilityRevenue	93690000	USD
CY2016Q1	us-gaap	Unbilled Receivables Current UnbilledReceivablesCurrent	23375000	USD
CY2015Q4	us-gaap	Unbilled Receivables Current UnbilledReceivablesCurrent	25008000	USD
CY2016Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings	-2163000	USD
CY2016Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001161728
CY2016Q1	dei	Document Type DocumentType	10-Q
CY2016Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2016Q1	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	Yes
CY2016Q1	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2016Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2016Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2016Q1	us-gaap	Regulatory Liability Current RegulatoryLiabilityCurrent	11071000	USD
CY2015Q4	us-gaap	Regulatory Liability Current RegulatoryLiabilityCurrent	9515000	USD
CY2016Q1	us-gaap	Regulated And Unregulated Operating Revenue RegulatedAndUnregulatedOperatingRevenue	147527000	USD

Files In Submission

Name	View Source	Status
0001161728-16-000032-index-headers.html	Edgar Link	pending
0001161728-16-000032-index.html	Edgar Link	pending
0001161728-16-000032.txt	Edgar Link	pending
0001161728-16-000032-xbrl.zip	Edgar Link	pending
ex10_1.htm	Edgar Link	pending
ex10_2.htm	Edgar Link	pending
ex10_3.htm	Edgar Link	pending
ex12.htm	Edgar Link	pending
ex31_1.htm	Edgar Link	pending
ex31_2.htm	Edgar Link	pending
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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_20160331.htm	Edgar Link	pending
f10q_20160331.pdf	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
mgee-20160331.xml	Edgar Link	completed
mgee-20160331.xsd	Edgar Link	pending
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mgee-20160331_def.xml	Edgar Link	unprocessable
mgee-20160331_lab.xml	Edgar Link	unprocessable
mgee-20160331_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

2016 Q2 Form 10-Q Financial Statement

#000116172816000032 Filed on May 05, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MGEE MGE ENERGY INC Stock $mgee

2016 Q2 Form 10-Q Financial Statement

#000116172816000032 Filed on May 05, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MGEE
MGE ENERGY INC Stock $mgee