2018 Q1 Form 10-K Financial Statement

#000116172818000003 Filed on February 23, 2018

View on sec.gov

Income Statement

Concept 2018 Q1 2017 Q4 2016 Q4
Revenue $157.6M $140.3M $138.9M
YoY Change 0.52% 0.97% 6.07%
Cost Of Revenue $56.70M $37.20M $41.10M
YoY Change 10.96% -9.49% 11.38%
Gross Profit $100.9M $103.1M $97.80M
YoY Change -4.54% 5.42% 3.93%
Gross Profit Margin 64.01% 73.5% 70.4%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $13.60M $13.50M $11.20M
YoY Change 4.62% 20.54% 0.0%
% of Gross Profit 13.48% 13.09% 11.45%
Operating Expenses $74.70M $77.90M $73.90M
YoY Change 1.08% 5.41% 2.78%
Operating Profit $26.19M $25.20M $23.96M
YoY Change -17.74% 5.17% 8.03%
Interest Expense -$4.700M -$4.800M -$4.900M
YoY Change -4.08% -2.04% -2.0%
% of Operating Profit -17.95% -19.05% -20.45%
Other Income/Expense, Net $4.919M $2.400M $3.000M
YoY Change 39.55% -20.0% 100.0%
Pretax Income $26.37M $22.70M $22.10M
YoY Change -13.45% 2.71% 18.82%
Income Tax $6.367M -$13.39M $7.570M
% Of Pretax Income 24.15% -59.0% 34.25%
Net Earnings $20.00M $36.13M $14.50M
YoY Change 3.63% 149.17% 29.11%
Net Earnings / Revenue 12.69% 25.76% 10.44%
Basic Earnings Per Share
Diluted Earnings Per Share $576.4K $1.040M $417.9K
COMMON SHARES
Basic Shares Outstanding 34.67M shares 34.67M shares 34.67M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2018 Q1 2017 Q4 2016 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $101.2M $108.0M $96.00M
YoY Change -14.02% 12.5% 17.94%
Cash & Equivalents $101.2M $108.0M $95.96M
Short-Term Investments
Other Short-Term Assets $11.18M $12.51M $12.29M
YoY Change -80.6% 1.74% 16.3%
Inventory $36.70M $43.80M $41.10M
Prepaid Expenses
Receivables $43.31M $42.30M $39.89M
Other Receivables $5.851M $9.440M $8.530M
Total Short-Term Assets $248.7M $290.6M $275.5M
YoY Change -2.11% 5.49% 8.15%
LONG-TERM ASSETS
Property, Plant & Equipment $1.366B $1.341B $1.282B
YoY Change 6.14% 4.63% 3.11%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $72.20M $20.40M $73.62M
YoY Change -11.74% -72.29% 4.2%
Other Assets $2.150M $731.0K $1.088M
YoY Change -98.67% -32.81% -18.32%
Total Long-Term Assets $1.595B $1.565B $1.526B
YoY Change 4.16% 2.56% 3.66%
TOTAL ASSETS
Total Short-Term Assets $248.7M $290.6M $275.5M
Total Long-Term Assets $1.595B $1.565B $1.526B
Total Assets $1.844B $1.855B $1.801B
YoY Change 3.26% 3.01% 4.32%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $35.03M $47.65M $47.80M
YoY Change -5.08% -0.32% 17.07%
Accrued Expenses $12.90M $17.80M $17.40M
YoY Change -19.88% 2.3% 6.75%
Deferred Revenue
YoY Change
Short-Term Debt $3.000M $4.000M $0.00
YoY Change
Long-Term Debt Due $24.48M $24.45M $4.333M
YoY Change 456.3% 464.32% 1.57%
Total Short-Term Liabilities $106.2M $126.5M $103.5M
YoY Change 27.22% 22.23% 23.01%
LONG-TERM LIABILITIES
Long-Term Debt $397.1M $398.2M $382.8M
YoY Change 1.44% 4.02% -1.02%
Other Long-Term Liabilities $68.75M $69.04M $66.43M
YoY Change -65.14% 3.94% 7.45%
Total Long-Term Liabilities $553.2M $552.3M $590.7M
YoY Change -6.03% -6.49% 4.53%
TOTAL LIABILITIES
Total Short-Term Liabilities $106.2M $126.5M $103.5M
Total Long-Term Liabilities $553.2M $552.3M $590.7M
Total Liabilities $659.4M $678.8M $694.2M
YoY Change -37.35% -2.21% 6.93%
SHAREHOLDERS EQUITY
Retained Earnings $426.9M $373.0M
YoY Change 14.46% 9.96%
Common Stock $34.67M $34.67M
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $787.0M $778.2M $724.1M
YoY Change
Total Liabilities & Shareholders Equity $1.844B $1.855B $1.801B
YoY Change 3.26% 3.01% 4.32%

Cashflow Statement

Concept 2018 Q1 2017 Q4 2016 Q4
OPERATING ACTIVITIES
Net Income $20.00M $36.13M $14.50M
YoY Change 3.63% 149.17% 29.11%
Depreciation, Depletion And Amortization $13.60M $13.50M $11.20M
YoY Change 4.62% 20.54% 0.0%
Cash From Operating Activities $46.98M $35.30M $18.30M
YoY Change 13.88% 92.9% -1.08%
INVESTING ACTIVITIES
Capital Expenditures $37.63M -$41.80M -$21.40M
YoY Change 133.49% 95.33% 8.63%
Acquisitions
YoY Change
Other Investing Activities $35.00K -$3.800M -$900.0K
YoY Change -103.77% 322.22% 125.0%
Cash From Investing Activities -$39.54M -$45.70M -$22.20M
YoY Change 118.13% 105.86% 10.45%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $1.103M
YoY Change -96.45%
Cash From Financing Activities -$13.28M 14.50M -11.70M
YoY Change 554.71% -223.93% 4.46%
NET CHANGE
Cash From Operating Activities $46.98M 35.30M 18.30M
Cash From Investing Activities -$39.54M -45.70M -22.20M
Cash From Financing Activities -$13.28M 14.50M -11.70M
Net Change In Cash -$5.849M 4.100M -15.60M
YoY Change -127.73% -126.28% 21.87%
FREE CASH FLOW
Cash From Operating Activities $46.98M $35.30M $18.30M
Capital Expenditures $37.63M -$41.80M -$21.40M
Free Cash Flow $9.347M $77.10M $39.70M
YoY Change -62.81% 94.21% 3.93%

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CY2017 mgee License Fee Tax Rate Electric Retail Sales
LicenseFeeTaxRateElectricRetailSales
0.0319 pure
CY2017 mgee License Fee Tax Rate Electric Resale By Purchaser
LicenseFeeTaxRateElectricResaleByPurchaser
0.0159 pure
CY2017 mgee License Fee Tax Rate Natural Gas
LicenseFeeTaxRateNaturalGas
0.0097 pure
CY2017 us-gaap Excise And Sales Taxes
ExciseAndSalesTaxes
14100000 USD
CY2016 us-gaap Excise And Sales Taxes
ExciseAndSalesTaxes
14500000 USD
CY2015 us-gaap Excise And Sales Taxes
ExciseAndSalesTaxes
14700000 USD
CY2017 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 USD
CY2016 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 USD
CY2015 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 USD
CY2017Q4 mgee Variable Interest Entity Purchase Power Agreement Plant Capacity Other
VariableInterestEntityPurchasePowerAgreementPlantCapacityOther
61 MW
CY2016Q4 mgee Variable Interest Entity Purchase Power Agreement Plant Capacity Other
VariableInterestEntityPurchasePowerAgreementPlantCapacityOther
51 MW
CY2017Q4 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
6662000 USD
CY2016Q4 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
2216000 USD
CY2017Q4 us-gaap Available For Sale Securities
AvailableForSaleSecurities
7291000 USD
CY2016Q4 us-gaap Available For Sale Securities
AvailableForSaleSecurities
2554000 USD
CY2017Q4 us-gaap Equity Method Investments
EquityMethodInvestments
60426000 USD
CY2016Q4 us-gaap Equity Method Investments
EquityMethodInvestments
73616000 USD
CY2017Q4 us-gaap Other Investments
OtherInvestments
55000 USD
CY2016Q4 us-gaap Other Investments
OtherInvestments
120000 USD
CY2016Q4 mgee Availableforsalesecuritiesgrossunrealizedgainaccumulatedininvestments
Availableforsalesecuritiesgrossunrealizedgainaccumulatedininvestments
346000 USD
CY2017Q4 mgee Availableforsalesecuritiesgrossunrealizedgainaccumulatedininvestments
Availableforsalesecuritiesgrossunrealizedgainaccumulatedininvestments
675000 USD
CY2017 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
677000 USD
CY2017 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
522000 USD
CY2016 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
121000 USD
CY2016 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
408000 USD
CY2015 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
19000 USD
CY2015 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
10000 USD
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
19659000 USD
CY2017Q4 us-gaap Regulatory Assets
RegulatoryAssets
150455000 USD
CY2016Q4 us-gaap Regulatory Assets
RegulatoryAssets
164899000 USD
CY2016Q4 us-gaap Regulatory Liabilities
RegulatoryLiabilities
29083000 USD
CY2017Q4 us-gaap Regulatory Liabilities
RegulatoryLiabilities
159786000 USD
CY2017Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
4270000 USD
CY2016Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
4118000 USD
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
4771000 USD
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
4889000 USD
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
368559000 USD
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
24452000 USD
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
4553000 USD
CY2017 mgee Short Term Debt Weighted Average Interest Rate During Period
ShortTermDebtWeightedAverageInterestRateDuringPeriod
0.0118 pure
CY2016 mgee Short Term Debt Weighted Average Interest Rate During Period
ShortTermDebtWeightedAverageInterestRateDuringPeriod
0 pure
CY2017 us-gaap Shortterm Debt Maximum Amount Outstanding During Period
ShorttermDebtMaximumAmountOutstandingDuringPeriod
7500000 USD
CY2017 us-gaap Shortterm Debt Average Outstanding Amount
ShorttermDebtAverageOutstandingAmount
304000 USD
CY2016 us-gaap Shortterm Debt Average Outstanding Amount
ShorttermDebtAverageOutstandingAmount
0 USD
CY2016 us-gaap Shortterm Debt Maximum Amount Outstanding During Period
ShorttermDebtMaximumAmountOutstandingDuringPeriod
0 USD
CY2017 mgee Fair Value Inputs Delivery Points Basis Adjustment On Peak
FairValueInputsDeliveryPointsBasisAdjustmentOnPeak
0.923 pure
CY2017 mgee Fair Value Inputs Delivery Points Basis Adjustment Off Peak
FairValueInputsDeliveryPointsBasisAdjustmentOffPeak
0.941 pure
CY2017 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 USD
CY2016 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 USD
CY2015 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 USD
CY2017 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Earnings
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings
-3718000 USD
CY2016 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Earnings
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings
-5347000 USD
CY2017 mgee Fairvaluenetderivativeassetliabilitymeasuredonrecurringbasisunobservableinputsreconciliationgainlossincludedincurrentassets
Fairvaluenetderivativeassetliabilitymeasuredonrecurringbasisunobservableinputsreconciliationgainlossincludedincurrentassets
-9000 USD
CY2016 mgee Fairvaluenetderivativeassetliabilitymeasuredonrecurringbasisunobservableinputsreconciliationgainlossincludedincurrentassets
Fairvaluenetderivativeassetliabilitymeasuredonrecurringbasisunobservableinputsreconciliationgainlossincludedincurrentassets
-142000 USD
CY2015 mgee Fairvaluenetderivativeassetliabilitymeasuredonrecurringbasisunobservableinputsreconciliationgainlossincludedincurrentassets
Fairvaluenetderivativeassetliabilitymeasuredonrecurringbasisunobservableinputsreconciliationgainlossincludedincurrentassets
0 USD
CY2017 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Purchases
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPurchases
24181000 USD
CY2016 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Purchases
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPurchases
23346000 USD
CY2015 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Purchases
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPurchases
23052000 USD
CY2017 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Sales
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSales
0 USD
CY2016 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Sales
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSales
0 USD
CY2015 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Sales
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSales
0 USD
CY2017 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Issues
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationIssues
0 USD
CY2016 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Issues
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationIssues
0 USD
CY2015 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Issues
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationIssues
0 USD
CY2017 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
20455000 USD
CY2016 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
17857000 USD
CY2015 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
16416000 USD
CY2017 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Net
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersNet
0 USD
CY2016 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Net
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersNet
0 USD
CY2015 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
CY2015 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.052 pure
CY2017 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Other
EffectiveIncomeTaxRateReconciliationTaxCreditsOther
0.016 pure
CY2015 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Net
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersNet
0 USD
CY2017Q4 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
-42026000 USD
CY2016Q4 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
-50306000 USD
CY2017 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
21125000 USD
CY2017 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
5129000 USD
CY2017 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-8346000 USD
CY2017 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
4264000 USD
CY2017 us-gaap Investment Tax Credit
InvestmentTaxCredit
-78000 USD
CY2016 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
17571000 USD
CY2016 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
4850000 USD
CY2016 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
3287000 USD
CY2016 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
16908000 USD
CY2016 us-gaap Investment Tax Credit
InvestmentTaxCredit
-103000 USD
CY2015 us-gaap Investment Tax Credit
InvestmentTaxCredit
-175000 USD
CY2015 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
15951000 USD
CY2015 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
2774000 USD
CY2015 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
16837000 USD
CY2015 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
5976000 USD
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
CY2017 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.051 pure
CY2017 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Investment
EffectiveIncomeTaxRateReconciliationTaxCreditsInvestment
0 pure
CY2017 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
EffectiveIncomeTaxRateReconciliationDeductionsQualifiedProductionActivities
0.014 pure
CY2017 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.185 pure
CY2016 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
CY2016 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.051 pure
CY2015 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.367 pure
CY2016 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.36 pure
CY2015 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
EffectiveIncomeTaxRateReconciliationDeductionsQualifiedProductionActivities
0.014 pure
CY2015 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Investment
EffectiveIncomeTaxRateReconciliationTaxCreditsInvestment
0.002 pure
CY2016 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Investment
EffectiveIncomeTaxRateReconciliationTaxCreditsInvestment
0.001 pure
CY2016 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
EffectiveIncomeTaxRateReconciliationDeductionsQualifiedProductionActivities
0.013 pure
CY2016Q4 mgee Deferred Tax Liabilities Deductible Prepayments
DeferredTaxLiabilitiesDeductiblePrepayments
8404000 USD
CY2016Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
69000 USD
CY2016Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
19340000 USD
CY2016Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
143029000 USD
CY2016Q4 us-gaap Deferred Tax Assets Regulatory Assets And Liabilities
DeferredTaxAssetsRegulatoryAssetsAndLiabilities
903000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
16606000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
32196000 USD
CY2016 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Other
EffectiveIncomeTaxRateReconciliationTaxCreditsOther
0.016 pure
CY2015 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Other
EffectiveIncomeTaxRateReconciliationTaxCreditsOther
0.018 pure
CY2015 us-gaap Effective Income Tax Rate Reconciliation Deductions Other
EffectiveIncomeTaxRateReconciliationDeductionsOther
0.001 pure
CY2017 us-gaap Effective Income Tax Rate Reconciliation Deductions Other
EffectiveIncomeTaxRateReconciliationDeductionsOther
0.002 pure
CY2016 us-gaap Effective Income Tax Rate Reconciliation Deductions Other
EffectiveIncomeTaxRateReconciliationDeductionsOther
0.002 pure
CY2017Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
238437000 USD
CY2017Q4 mgee Deferred Tax Liabilities Equity Method Investments
DeferredTaxLiabilitiesEquityMethodInvestments
48324000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Deferred Expense Deferred Financing Costs
DeferredTaxLiabilitiesDeferredExpenseDeferredFinancingCosts
832000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Derivatives
DeferredTaxLiabilitiesDerivatives
11525000 USD
CY2017Q4 mgee Deferred Tax Liabilities Deductible Prepayments
DeferredTaxLiabilitiesDeductiblePrepayments
6169000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
9389000 USD
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DeferredTaxAssetsAccruedExpenses
15135000 USD
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DeferredTaxAssetsRegulatoryAssetsAndLiabilities
36124000 USD
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DeferredTaxAssetsDerivativeInstruments
11525000 USD
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DeferredTaxAssetsOther
12790000 USD
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DeferredTaxAssetsGross
132551000 USD
CY2017Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
86000 USD
CY2017Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
132465000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
225130000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
383813000 USD
CY2016Q4 mgee Deferred Tax Liabilities Equity Method Investments
DeferredTaxLiabilitiesEquityMethodInvestments
71898000 USD
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DeferredTaxAssetsAccruedExpenses
22410000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Deferred Expense Deferred Financing Costs
DeferredTaxLiabilitiesDeferredExpenseDeferredFinancingCosts
1324000 USD
CY2016Q4 us-gaap Deferred Tax Assets Derivative Instruments
DeferredTaxAssetsDerivativeInstruments
20304000 USD
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DeferredTaxLiabilitiesPropertyPlantAndEquipment
344721000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Derivatives
DeferredTaxLiabilitiesDerivatives
20304000 USD
CY2016Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
142960000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
48860000 USD
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DeferredTaxLiabilitiesPensionAndOtherPostretirementBenefits
63516000 USD
CY2017Q4 mgee Deferred Tax Liabilities Pension And Other Postretirement Benefits
DeferredTaxLiabilitiesPensionAndOtherPostretirementBenefits
42919000 USD
CY2017Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
357595000 USD
CY2016Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
526773000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
2487000 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
2365000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1924000 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
92000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
388000 USD
CY2017 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
89000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
165000 USD
CY2016 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
104000 USD
CY2015 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
321000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
552000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
19000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
39000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
452000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
520000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
488000 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
1134000 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
532000 USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
845000 USD
CY2015 mgee Unrecognized Tax Benefits Decrease Resulting From Interest Expense On Uncertain Tax Positions
UnrecognizedTaxBenefitsDecreaseResultingFromInterestExpenseOnUncertainTaxPositions
102000 USD
CY2017 mgee Unrecognized Tax Benefits Decrease Resulting From Interest Expense On Uncertain Tax Positions
UnrecognizedTaxBenefitsDecreaseResultingFromInterestExpenseOnUncertainTaxPositions
312000 USD
CY2016 mgee Unrecognized Tax Benefits Decrease Resulting From Interest Expense On Uncertain Tax Positions
UnrecognizedTaxBenefitsDecreaseResultingFromInterestExpenseOnUncertainTaxPositions
27000 USD
CY2017Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
1400000 USD
CY2017Q4 mgee Unrecognized Tax Benefits Current Period Tax Positions Permanent Differences
UnrecognizedTaxBenefitsCurrentPeriodTaxPositionsPermanentDifferences
100000 USD
CY2016Q4 mgee Unrecognized Tax Benefits Current Period Tax Positions Permanent Differences
UnrecognizedTaxBenefitsCurrentPeriodTaxPositionsPermanentDifferences
100000 USD
CY2015Q4 mgee Unrecognized Tax Benefits Current Period Tax Positions Permanent Differences
UnrecognizedTaxBenefitsCurrentPeriodTaxPositionsPermanentDifferences
0 USD
CY2017Q4 us-gaap Purchase Obligation Due In Next Twelve Months
PurchaseObligationDueInNextTwelveMonths
128064000 USD
CY2017Q4 us-gaap Purchase Obligation Due In Second Year
PurchaseObligationDueInSecondYear
69565000 USD
CY2017Q4 us-gaap Purchase Obligation Due In Third Year
PurchaseObligationDueInThirdYear
60348000 USD
CY2017 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1000000 USD
CY2016 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3100000 USD
CY2015 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1000000 USD
CY2017 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. 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, </font><font style='font-family:Times New Roman;font-size:10pt;' >the</font><font style='font-family:Times New Roman;font-size:10pt;' > derivatives</font><font style='font-family:Times New Roman;font-size:10pt;' > are recognized</font><font style='font-family:Times New Roman;font-size:10pt;' > in the co</font><font style='font-family:Times New Roman;font-size:10pt;' >nsolidated balance sheets at fair value</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > MGE&#39;s </font><font style='font-family:Times New Roman;font-size:10pt;' >financial 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 risk man</font><font style='font-family:Times New Roman;font-size:10pt;' >agement strategies. The maximum length of time over which cash flows related to energy commodities can be hedged </font><font style='font-family:Times New Roman;font-size:10pt;' >is four</font><font style='font-family:Times New Roman;font-size:10pt;' > years. If the derivative qualifies for regulatory deferral, the derivatives are marked to fair value and are offset with a correspondin</font><font style='font-family:Times New Roman;font-size:10pt;' >g regulatory asset or liability</font><font style='font-family:Times New Roman;font-size:10pt;' > depending on whether the derivative is in a new loss or net gain position, respectively</font><font style='font-family:Times New Roman;font-size:10pt;' >. 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 </font><font style='font-family:Times New Roman;font-size:10pt;' >in electric rates as a component of the fuel rules mechanism. </font></p></div>
CY2017Q4 mgee Counterparties In Default
CounterpartiesInDefault
0
CY2017Q4 us-gaap Purchase Obligation Due In Fourth Year
PurchaseObligationDueInFourthYear
55284000 USD
CY2017Q4 us-gaap Purchase Obligation Due In Fifth Year
PurchaseObligationDueInFifthYear
42006000 USD
CY2016 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
2000000 USD
CY2017 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
1700000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
1205000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
638000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
415000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
276000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
276000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
7711000 USD
CY2016Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
26886000 USD
CY2015Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
24360000 USD
CY2017 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
145000 USD
CY2017 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
1359000 USD
CY2017 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
1789000 USD
CY2017 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
137000 USD
CY2017Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
26738000 USD
CY2016 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
1303000 USD
CY2016 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
110000 USD
CY2016 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
64000 USD
CY2016 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
1269000 USD
CY2017Q1 us-gaap Electric Utility Revenue
ElectricUtilityRevenue
98397000 USD
CY2017Q2 us-gaap Electric Utility Revenue
ElectricUtilityRevenue
102382000 USD
CY2017Q3 us-gaap Electric Utility Revenue
ElectricUtilityRevenue
120761000 USD
CY2017Q4 us-gaap Electric Utility Revenue
ElectricUtilityRevenue
92734000 USD
CY2017Q1 us-gaap Gas Domestic Regulated Revenue
GasDomesticRegulatedRevenue
58426000 USD
CY2017Q2 us-gaap Gas Domestic Regulated Revenue
GasDomesticRegulatedRevenue
24081000 USD
CY2017Q3 us-gaap Gas Domestic Regulated Revenue
GasDomesticRegulatedRevenue
18778000 USD
CY2017Q4 us-gaap Gas Domestic Regulated Revenue
GasDomesticRegulatedRevenue
47540000 USD
CY2017Q1 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
156823000 USD
CY2017Q2 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
126463000 USD
CY2017Q3 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
139539000 USD
CY2017Q4 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
140274000 USD
CY2017Q1 us-gaap Utilities Operating Expense
UtilitiesOperatingExpense
123913000 USD
CY2017Q2 us-gaap Utilities Operating Expense
UtilitiesOperatingExpense
99912000 USD
CY2017Q3 us-gaap Utilities Operating Expense
UtilitiesOperatingExpense
96538000 USD
CY2017Q4 us-gaap Utilities Operating Expense
UtilitiesOperatingExpense
114000000 USD
CY2017Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
32910000 USD
CY2017Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
26551000 USD
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
43001000 USD
CY2017Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
26274000 USD
CY2017Q1 us-gaap Net Income Loss
NetIncomeLoss
19300000 USD
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
15543000 USD
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
26629000 USD
CY2017Q4 us-gaap Net Income Loss
NetIncomeLoss
36134000 USD
CY2017Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.308
CY2017Q4 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.323
CY2017Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.308
CY2017Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.323
CY2016Q4 us-gaap Electric Utility Revenue
ElectricUtilityRevenue
96750000 USD
CY2017Q2 mgee Interest Expense And Other Income Net
InterestExpenseAndOtherIncomeNet
-2272000 USD
CY2017Q3 mgee Interest Expense And Other Income Net
InterestExpenseAndOtherIncomeNet
-788000 USD
CY2017Q4 mgee Interest Expense And Other Income Net
InterestExpenseAndOtherIncomeNet
-3533000 USD
CY2016Q4 mgee Interest Expense And Other Income Net
InterestExpenseAndOtherIncomeNet
-1886000 USD
CY2016Q4 us-gaap Gas Domestic Regulated Revenue
GasDomesticRegulatedRevenue
42175000 USD
CY2016Q4 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
138925000 USD
CY2016Q4 us-gaap Utilities Operating Expense
UtilitiesOperatingExpense
114967000 USD
CY2016Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
23958000 USD
CY2016Q4 us-gaap Net Income Loss
NetIncomeLoss
14502000 USD
CY2016Q4 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.308
CY2016Q1 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
147527000 USD
CY2016Q1 us-gaap Net Income Loss
NetIncomeLoss
17028000 USD
CY2016Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
29531000 USD
CY2016Q1 us-gaap Gas Domestic Regulated Revenue
GasDomesticRegulatedRevenue
53837000 USD
CY2016Q1 us-gaap Utilities Operating Expense
UtilitiesOperatingExpense
117996000 USD
CY2016Q1 us-gaap Electric Utility Revenue
ElectricUtilityRevenue
93690000 USD
CY2016Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.295
CY2016Q2 us-gaap Gas Domestic Regulated Revenue
GasDomesticRegulatedRevenue
20961000 USD
CY2016Q2 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
121576000 USD
CY2016Q2 us-gaap Electric Utility Revenue
ElectricUtilityRevenue
100615000 USD
CY2016Q2 us-gaap Utilities Operating Expense
UtilitiesOperatingExpense
93364000 USD
CY2016Q2 us-gaap Net Income Loss
NetIncomeLoss
16150000 USD
CY2016Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
28212000 USD
CY2016Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
46527000 USD
CY2016Q3 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
136717000 USD
CY2016Q3 us-gaap Gas Domestic Regulated Revenue
GasDomesticRegulatedRevenue
17570000 USD
CY2016Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.308
CY2016Q3 us-gaap Utilities Operating Expense
UtilitiesOperatingExpense
90190000 USD
CY2016Q3 us-gaap Electric Utility Revenue
ElectricUtilityRevenue
119147000 USD
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
27880000 USD
CY2017Q1 mgee Interest Expense And Other Income Net
InterestExpenseAndOtherIncomeNet
-2443000 USD
CY2016Q3 mgee Interest Expense And Other Income Net
InterestExpenseAndOtherIncomeNet
-2933000 USD
CY2016Q2 mgee Interest Expense And Other Income Net
InterestExpenseAndOtherIncomeNet
-2778000 USD
CY2017Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.56
CY2017Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.45
CY2017Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.77
CY2017Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
1.04
CY2016Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.49
CY2016Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.47
CY2016Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.80
CY2016Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.42
CY2016Q1 mgee Interest Expense And Other Income Net
InterestExpenseAndOtherIncomeNet
-2558000 USD
CY2016Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
3443296 USD
CY2017 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
1015970 USD
CY2017 us-gaap Valuation Allowances And Reserves Charged To Other Accounts
ValuationAllowancesAndReservesChargedToOtherAccounts
20400 USD
CY2017 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
1304721 USD
CY2017Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
3174945 USD
CY2016 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
1195500 USD
CY2016 us-gaap Valuation Allowances And Reserves Charged To Other Accounts
ValuationAllowancesAndReservesChargedToOtherAccounts
19500 USD
CY2014Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
4748657 USD
CY2016 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
1465784 USD
CY2015 us-gaap Valuation Allowances And Reserves Charged To Other Accounts
ValuationAllowancesAndReservesChargedToOtherAccounts
25500 USD
CY2015 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
1675577 USD
CY2016 mgee Fair Value Inputs Delivery Points Basis Adjustment On Peak
FairValueInputsDeliveryPointsBasisAdjustmentOnPeak
0.919 pure
CY2016 mgee Fair Value Inputs Delivery Points Basis Adjustment Off Peak
FairValueInputsDeliveryPointsBasisAdjustmentOffPeak
0.934 pure
CY2017Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
4000000 USD
CY2016Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
0 USD
CY2016 mgee Utilities Operating Expense Excluding Depreciation And Amortization
UtilitiesOperatingExpenseExcludingDepreciationAndAmortization
371871000 USD
CY2017Q4 us-gaap Margin Deposit Assets
MarginDepositAssets
2500000 USD
CY2016Q4 us-gaap Margin Deposit Assets
MarginDepositAssets
1300000 USD
CY2015 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
2200000 USD
CY2017 dei Document Type
DocumentType
10-K
CY2017 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2017 dei Entity Central Index Key
EntityCentralIndexKey
0001161728
CY2017 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
CY2017 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2017 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2017 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2017Q4 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.0155 pure
CY2016Q4 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0 pure
CY2016 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
0 USD
CY2015 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
0 USD
CY2017 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0.003 pure
CY2016 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0.009 pure
CY2015 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0 pure
CY2017Q4 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
100000 USD
CY2015Q4 us-gaap Assets
Assets
1726403000 USD
CY2017Q4 us-gaap Derivative Liability Collateral Right To Reclaim Cash Offset
DerivativeLiabilityCollateralRightToReclaimCashOffset
100000 USD
CY2017 mgee Operating Leases Renewal Option Term
OperatingLeasesRenewalOptionTerm
P1Y
CY2017 mgee Utilities Operating Expense Excluding Depreciation And Amortization
UtilitiesOperatingExpenseExcludingDepreciationAndAmortization
381286000 USD
CY2015 mgee Utilities Operating Expense Excluding Depreciation And Amortization
UtilitiesOperatingExpenseExcludingDepreciationAndAmortization
395548000 USD
CY2017 dei Trading Symbol
TradingSymbol
MGEE
CY2015 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-20162000 USD
CY2015 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.16
CY2015 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
8613000 USD
CY2015 us-gaap Net Income Loss
NetIncomeLoss
71343000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
112706000 USD
CY2015 us-gaap Utilities Operating Expense Depreciation And Amortization
UtilitiesOperatingExpenseDepreciationAndAmortization
44225000 USD
CY2015 us-gaap Operating Income Loss
OperatingIncomeLoss
124255000 USD
CY2015 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
564028000 USD
CY2015 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Earnings
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings
-6635000 USD
CY2014Q4 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
-53986000 USD
CY2016Q4 us-gaap Derivative Liability Collateral Right To Reclaim Cash Offset
DerivativeLiabilityCollateralRightToReclaimCashOffset
0 USD
CY2016Q4 mgee Availableforsalesecuritiesgrossunrealizedlossaccumulatedininvestments
Availableforsalesecuritiesgrossunrealizedlossaccumulatedininvestments
8000 USD
CY2017Q4 mgee Availableforsalesecuritiesgrossunrealizedlossaccumulatedininvestments
Availableforsalesecuritiesgrossunrealizedlossaccumulatedininvestments
46000 USD
CY2016Q4 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
0 USD
CY2015 mgee Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresInPeriod
200000 USD
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Forfeitures
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeitures
4676 shares
CY2016 mgee Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresInPeriod
0 USD
CY2017 mgee Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresInPeriod
0 USD
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Forfeitures
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeitures
0 shares
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Forfeitures
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeitures
0 shares
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
5900000 USD
CY2017Q4 us-gaap Derivative Net Liability Position Aggregate Fair Value
DerivativeNetLiabilityPositionAggregateFairValue
100000 USD
CY2017Q4 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
7336000 USD
CY2016Q4 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
2020000 USD
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
2100000 USD
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
3700000 USD
CY2015 mgee Regional Transmission Organization Reduction To Sales And Purchased Power Expense From Net Basis Reporting
RegionalTransmissionOrganizationReductionToSalesAndPurchasedPowerExpenseFromNetBasisReporting
68600000 USD
CY2016 mgee Regional Transmission Organization Reduction To Sales And Purchased Power Expense From Net Basis Reporting
RegionalTransmissionOrganizationReductionToSalesAndPurchasedPowerExpenseFromNetBasisReporting
77200000 USD
CY2017 mgee Regional Transmission Organization Reduction To Sales And Purchased Power Expense From Net Basis Reporting
RegionalTransmissionOrganizationReductionToSalesAndPurchasedPowerExpenseFromNetBasisReporting
87900000 USD
CY2016Q4 us-gaap Assets Held For Sale Not Part Of Disposal Group Current
AssetsHeldForSaleNotPartOfDisposalGroupCurrent
14813000 USD
CY2017Q4 us-gaap Assets Held For Sale Not Part Of Disposal Group Current
AssetsHeldForSaleNotPartOfDisposalGroupCurrent
8817000 USD
CY2015 mgee Fairvaluenetderivativeassetliabilitymeasuredonrecurringbasisunobservableinputsreconciliationgainlossincludedinregulatoryliabilitiesassets
Fairvaluenetderivativeassetliabilitymeasuredonrecurringbasisunobservableinputsreconciliationgainlossincludedinregulatoryliabilitiesassets
484000 USD
CY2016 mgee Fairvaluenetderivativeassetliabilitymeasuredonrecurringbasisunobservableinputsreconciliationgainlossincludedinregulatoryliabilitiesassets
Fairvaluenetderivativeassetliabilitymeasuredonrecurringbasisunobservableinputsreconciliationgainlossincludedinregulatoryliabilitiesassets
3195000 USD
CY2017 mgee Fairvaluenetderivativeassetliabilitymeasuredonrecurringbasisunobservableinputsreconciliationgainlossincludedinregulatoryliabilitiesassets
Fairvaluenetderivativeassetliabilitymeasuredonrecurringbasisunobservableinputsreconciliationgainlossincludedinregulatoryliabilitiesassets
8281000 USD
CY2016Q4 us-gaap Deferred Tax Assets Equity Method Investments
DeferredTaxAssetsEquityMethodInvestments
31212000 USD
CY2017Q4 us-gaap Deferred Tax Assets Equity Method Investments
DeferredTaxAssetsEquityMethodInvestments
24781000 USD
CY2016Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
355110000 USD
CY2017Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
410121000 USD
CY2017Q4 us-gaap Purchase Obligation Due After Fifth Year
PurchaseObligationDueAfterFifthYear
119619000 USD
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
41363000 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
42513000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
22094000 USD
CY2017Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
426883000 USD
CY2016Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9945000 USD
CY2016Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9284000 USD
CY2016Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
15714000 USD
CY2016Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7570000 USD
CY2017Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
11167000 USD
CY2017Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8736000 USD
CY2017Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
15584000 USD
CY2017Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-13393000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
724088000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
778187000 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
659401000 USD
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
108131000 USD
CY2015 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
0 USD
CY2016 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
0 USD
CY2017 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
1547000 USD
CY2017 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
70000000 USD
CY2016 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
CY2015 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
CY2015 us-gaap Proceeds From Sale Of Other Property Plant And Equipment
ProceedsFromSaleOfOtherPropertyPlantAndEquipment
0 USD
CY2016 us-gaap Proceeds From Sale Of Other Property Plant And Equipment
ProceedsFromSaleOfOtherPropertyPlantAndEquipment
0 USD
CY2017 us-gaap Proceeds From Sale Of Other Property Plant And Equipment
ProceedsFromSaleOfOtherPropertyPlantAndEquipment
2819000 USD
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
83659000 USD
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
65755000 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
690458000 USD
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
175000 USD
CY2016 us-gaap Income Taxes Paid
IncomeTaxesPaid
21831000 USD
CY2016 us-gaap Interest Paid Net
InterestPaidNet
19415000 USD
CY2016 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
16376000 USD
CY2016 us-gaap Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
10000000 USD
CY2017 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
43682000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
2528000 USD
CY2016 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-70000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
311000 USD
CY2015Q4 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
-53501000 USD
CY2017 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
0 USD
CY2016Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2015 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-73313000 USD
CY2016 us-gaap Increase Decrease In Prepaid Taxes
IncreaseDecreaseInPrepaidTaxes
-8616000 USD
CY2016 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
41775000 USD
CY2016 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
147513000 USD
CY2016 us-gaap Increase Decrease In Unbilled Receivables
IncreaseDecreaseInUnbilledReceivables
4838000 USD
CY2016 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-7273000 USD
CY2016 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
3594000 USD
CY2016 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-46112000 USD
CY2016 us-gaap Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
14452000 USD
CY2016 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
4267000 USD
CY2016 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1196000 USD
CY2016 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-1426000 USD
CY2016 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
9881000 USD
CY2016 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
0 USD
CY2016 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
2958000 USD
CY2016 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
5854000 USD
CY2016 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
295000 USD
CY2016 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
209000 USD
CY2016 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
14575000 USD
CY2016 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
8428000 USD
CY2016 us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
-2695000 USD
CY2016 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
22421000 USD
CY2016 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-700000 USD
CY2016 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-1738000 USD
CY2015 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
2800000 USD
CY2016 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
3100000 USD
CY2017 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
3500000 USD
CY2017Q4 us-gaap Defined Benefit Plan Expected Future Employer Contributions Next Fiscal Year
DefinedBenefitPlanExpectedFutureEmployerContributionsNextFiscalYear
0 USD
CY2017Q4 mgee Defined Benefit Plans Expected Future Employer Contributions Year Two
DefinedBenefitPlansExpectedFutureEmployerContributionsYearTwo
0 USD
CY2017Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2016 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-86826000 USD
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-116361000 USD
CY2015 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0 pure
CY2016 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0 pure
CY2017 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.181 pure
CY2014Q4 us-gaap Cumulative Effect Of New Accounting Principle In Period Of Adoption
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
-142000 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest Adjusted Balance1
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAdjustedBalance1
659259000 USD
CY2016Q4 us-gaap Derivative Net Liability Position Aggregate Fair Value
DerivativeNetLiabilityPositionAggregateFairValue
0 USD
CY2017 mgee Immaterial Error Correction Amount
ImmaterialErrorCorrectionAmount
2100000 USD
CY2015 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
2100000 USD
CY2017 us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
-9108000 USD
CY2017Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
12244000 USD
CY2017Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
42299000 USD
CY2016Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
8530000 USD
CY2017Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
8180000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1341357000 USD

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