$MGEE
MGE ENERGY INC Stock $mgee

$mgee Overview Financials Valuation SEC Filings Company Website

2021 Q1 Form 10-Q Financial Statement

#000116172821000032 Filed on May 06, 2021

Income Statement

Concept	2021 Q1	2020 Q1
Revenue	$167.9M	$149.9M
YoY Change	12.04%	-10.56%
Cost Of Revenue	$46.80M	$41.30M
YoY Change	13.32%	-23.66%
Gross Profit	$121.1M	$108.6M
YoY Change	11.51%	-4.32%
Gross Profit Margin	72.12%	72.46%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$18.40M	$18.20M
YoY Change	1.1%	6.43%
% of Gross Profit	15.19%	16.76%
Operating Expenses	$82.10M	$77.10M
YoY Change	6.49%	-7.11%
Operating Profit	$39.05M	$31.44M
YoY Change	24.22%	3.04%
Interest Expense	-$5.700M	-$6.100M
YoY Change	-6.56%	8.93%
% of Operating Profit	-14.6%	-19.4%
Other Income/Expense, Net	$2.078M	$5.671M
YoY Change	-63.36%	16.9%
Pretax Income	$35.39M	$31.05M
YoY Change	13.98%	4.49%
Income Tax	$459.0K	$5.013M
% Of Pretax Income	1.3%	16.14%
Net Earnings	$34.93M	$26.04M
YoY Change	34.17%	8.46%
Net Earnings / Revenue	20.8%	17.37%
Basic Earnings Per Share	$0.97	$0.75
Diluted Earnings Per Share	$0.97	$0.75
COMMON SHARES
Basic Shares Outstanding	36.16M	34.67M shares
Diluted Shares Outstanding	36.17M	34.67M shares

Balance Sheet

Concept	2021 Q1	2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$40.20M	$17.50M
YoY Change	129.71%	-78.76%
Cash & Equivalents	$40.24M	$17.45M
Short-Term Investments
Other Short-Term Assets	$9.042M	$9.241M
YoY Change	-2.15%	22.77%
Inventory	$38.70M	$40.70M
Prepaid Expenses
Receivables	$43.20M	$39.35M
Other Receivables	$9.702M	$8.722M
Total Short-Term Assets	$201.5M	$162.2M
YoY Change	24.24%	-26.7%
LONG-TERM ASSETS
Property, Plant & Equipment	$1.792B	$1.653B
YoY Change	8.39%	7.43%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$95.30M	$89.30M
YoY Change	6.72%	12.47%
Other Assets	$22.56M	$18.52M
YoY Change	21.85%	13.8%
Total Long-Term Assets	$2.069B	$1.911B
YoY Change	8.28%	7.19%
TOTAL ASSETS
Total Short-Term Assets	$201.5M	$162.2M
Total Long-Term Assets	$2.069B	$1.911B
Total Assets	$2.270B	$2.073B
YoY Change	9.53%	3.45%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$53.84M	$39.19M
YoY Change	37.39%	-2.89%
Accrued Expenses	$17.60M	$16.80M
YoY Change	4.76%	-23.29%
Deferred Revenue
YoY Change
Short-Term Debt	$54.00M	$3.000M
YoY Change	1700.0%	-50.0%
Long-Term Debt Due	$4.800M	$19.70M
YoY Change	-75.63%	330.22%
Total Short-Term Liabilities	$183.8M	$111.0M
YoY Change	65.57%	-1.31%
LONG-TERM LIABILITIES
Long-Term Debt	$518.2M	$522.6M
YoY Change	-0.84%	6.16%
Other Long-Term Liabilities	$71.30M	$306.0M
YoY Change	-76.7%	352.12%
Total Long-Term Liabilities	$570.5M	$522.6M
YoY Change	9.17%	-8.29%
TOTAL LIABILITIES
Total Short-Term Liabilities	$183.8M	$111.0M
Total Long-Term Liabilities	$570.5M	$522.6M
Total Liabilities	$754.3M	$633.6M
YoY Change	19.05%	-7.14%
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	$997.7M	$869.5M
YoY Change
Total Liabilities & Shareholders Equity	$2.270B	$2.073B
YoY Change	9.53%	3.45%

Cashflow Statement

Concept	2021 Q1	2020 Q1
OPERATING ACTIVITIES
Net Income	$34.93M	$26.04M
YoY Change	34.17%	8.46%
Depreciation, Depletion And Amortization	$18.40M	$18.20M
YoY Change	1.1%	6.43%
Cash From Operating Activities	$43.88M	$53.82M
YoY Change	-18.46%	1.17%
INVESTING ACTIVITIES
Capital Expenditures	$34.75M	$46.76M
YoY Change	-25.69%	46.43%
Acquisitions
YoY Change
Other Investing Activities	$419.0K	$398.0K
YoY Change	5.28%	93.2%
Cash From Investing Activities	-$35.84M	-$48.80M
YoY Change	-26.57%	48.42%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net	$1.182M	$1.155M
YoY Change	2.34%	2.3%
Cash From Financing Activities	-13.59M	-$11.04M
YoY Change	23.05%	-47.0%
NET CHANGE
Cash From Operating Activities	43.88M	$53.82M
Cash From Investing Activities	-35.84M	-$48.80M
Cash From Financing Activities	-13.59M	-$11.04M
Net Change In Cash	-5.537M	-$6.020M
YoY Change	-8.02%	1073.49%
FREE CASH FLOW
Cash From Operating Activities	$43.88M	$53.82M
Capital Expenditures	$34.75M	$46.76M
Free Cash Flow	$9.137M	$7.061M
YoY Change	29.4%	-66.79%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2021Q1	dei	Amendment Flag AmendmentFlag	false
CY2021Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2020Q4	us-gaap	Derivative Net Liability Position Aggregate Fair Value DerivativeNetLiabilityPositionAggregateFairValue	0	USD
CY2020Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	5787000	USD
CY2020Q4	us-gaap	Allowance For Doubtful Accounts Premiums And Other Receivables AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables	1290000	USD
CY2021Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2020Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2021Q1	dei	Entity Shell Company EntityShellCompany	false
CY2021Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2021Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001161728
CY2021Q1	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2021Q1	dei	Document Transition Report DocumentTransitionReport	false
CY2021Q1	dei	Entity Small Business EntitySmallBusiness	false
CY2021Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2020Q1	mgee	Stockissuedduringperiodunderthestockplan Stockissuedduringperiodunderthestockplan	0	shares
CY2020Q4	us-gaap	Derivative Liability Collateral Right To Reclaim Cash Offset DerivativeLiabilityCollateralRightToReclaimCashOffset	0	USD
CY2021Q1	dei	Document Type DocumentType	10-Q
CY2021Q1	dei	Document Period End Date DocumentPeriodEndDate	2021-03-31
CY2021Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2021
CY2021Q1	dei	Entity File Number EntityFileNumber	000-49965
CY2021Q1	dei	Entity Registrant Name EntityRegistrantName	MGE Energy, Inc.
CY2021Q1	dei	Entity Address Address Line1 EntityAddressAddressLine1	133 South Blair Street
CY2021Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	36165000	shares
CY2021Q1	dei	Entity Address City Or Town EntityAddressCityOrTown	Madison
CY2021Q1	dei	Entity Address State Or Province EntityAddressStateOrProvince	WI
CY2021Q1	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	53788
CY2021Q1	dei	City Area Code CityAreaCode	608
CY2021Q1	dei	Local Phone Number LocalPhoneNumber	252-7000
CY2021Q1	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	39-2040501
CY2021Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2021Q1	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2021Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2021Q1	dei	Security12b Title Security12bTitle	Common Stock, $1 Par Value Per Share
CY2021Q1	dei	Trading Symbol TradingSymbol	MGEE
CY2021Q1	dei	Security Exchange Name SecurityExchangeName	NASDAQ
CY2021Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	36163370	shares
CY2021Q1	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	WI
CY2021Q1	us-gaap	Regulated Operating Revenue Electric Non Nuclear RegulatedOperatingRevenueElectricNonNuclear	100645000	USD
CY2020Q1	us-gaap	Regulated Operating Revenue Electric Non Nuclear RegulatedOperatingRevenueElectricNonNuclear	93028000	USD
CY2021Q1	us-gaap	Regulated Operating Revenue Gas RegulatedOperatingRevenueGas	67270000	USD
CY2020Q1	us-gaap	Regulated Operating Revenue Gas RegulatedOperatingRevenueGas	56845000	USD
CY2021Q1	us-gaap	Regulated And Unregulated Operating Revenue RegulatedAndUnregulatedOperatingRevenue	167915000	USD
CY2021Q1	us-gaap	Utilities Operating Expense Fuel Used UtilitiesOperatingExpenseFuelUsed	13171000	USD
CY2020Q1	us-gaap	Utilities Operating Expense Fuel Used UtilitiesOperatingExpenseFuelUsed	9706000	USD
CY2021Q1	us-gaap	Utilities Operating Expense Purchased Power UtilitiesOperatingExpensePurchasedPower	9355000	USD
CY2020Q1	us-gaap	Utilities Operating Expense Purchased Power UtilitiesOperatingExpensePurchasedPower	10486000	USD
CY2021Q1	mgee	Utilities Operating Expense Cost Of Gas Sold UtilitiesOperatingExpenseCostOfGasSold	37444000	USD
CY2020Q1	mgee	Utilities Operating Expense Cost Of Gas Sold UtilitiesOperatingExpenseCostOfGasSold	30798000	USD
CY2021Q1	us-gaap	Utilities Operating Expense Maintenance And Operations UtilitiesOperatingExpenseMaintenanceAndOperations	45682000	USD
CY2020Q1	us-gaap	Utilities Operating Expense Maintenance And Operations UtilitiesOperatingExpenseMaintenanceAndOperations	44369000	USD
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CY2020Q1	us-gaap	Utilities Operating Expense Depreciation And Amortization UtilitiesOperatingExpenseDepreciationAndAmortization	18167000	USD
CY2021Q1	us-gaap	Utilities Operating Expense Taxes UtilitiesOperatingExpenseTaxes	4827000	USD
CY2020Q1	us-gaap	Utilities Operating Expense Taxes UtilitiesOperatingExpenseTaxes	4907000	USD
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CY2021Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	39054000	USD
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CY2021Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-5740000	USD
CY2020Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-6061000	USD
CY2021Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Domestic IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic	35392000	USD
CY2020Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Domestic IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic	31050000	USD
CY2021Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	459000	USD
CY2020Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	5013000	USD
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	34933000	USD
CY2020Q1	us-gaap	Net Income Loss NetIncomeLoss	26037000	USD
CY2021Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.97
CY2020Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.75
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CY2020Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.75
CY2020Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.353
CY2021Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	36163000	shares
CY2020Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	34668000	shares
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CY2021Q1	us-gaap	Profit Loss ProfitLoss	34933000	USD
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CY2021Q1	us-gaap	Derivative Liabilities Current DerivativeLiabilitiesCurrent	9790000	USD
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CY2021Q1	us-gaap	Liabilities Current LiabilitiesCurrent	183798000	USD
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CY2021Q1	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	17623000	USD
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CY2021Q1	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	570517000	USD
CY2021Q1	us-gaap	Stockholders Equity StockholdersEquity	997711000	USD
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CY2021Q1	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	518211000	USD
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CY2020Q1	us-gaap	Net Income Loss NetIncomeLoss	26037000	USD
CY2020Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.353
CY2020Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	12221000	USD
CY2020Q1	us-gaap	Stockholders Equity StockholdersEquity	869492000	USD
CY2020Q4	us-gaap	Stockholders Equity StockholdersEquity	976000000	USD
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	34933000	USD
CY2021Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.370
CY2021Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	13380000	USD
CY2021Q1	us-gaap	Stockholders Equity Other StockholdersEquityOther	158000	USD
CY2021Q1	us-gaap	Stockholders Equity StockholdersEquity	997711000	USD
CY2020Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	44738000	USD
CY2021Q1	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	467000	USD
CY2020Q4	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	644000	USD
CY2021Q1	us-gaap	Margin Deposit Assets MarginDepositAssets	796000	USD
CY2020Q4	us-gaap	Margin Deposit Assets MarginDepositAssets	1657000	USD
CY2021Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	41502000	USD
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	47039000	USD
CY2021Q1	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.210	pure
CY2020Q1	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.210	pure
CY2021Q1	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.063	pure
CY2020Q1	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.063	pure
CY2021Q1	us-gaap	Effective Income Tax Rate Reconciliation Tax Credits Investment EffectiveIncomeTaxRateReconciliationTaxCreditsInvestment	0.016	pure
CY2020Q1	us-gaap	Effective Income Tax Rate Reconciliation Tax Credits Investment EffectiveIncomeTaxRateReconciliationTaxCreditsInvestment	0.001	pure
CY2021Q1	us-gaap	Effective Income Tax Rate Reconciliation Tax Credits Other EffectiveIncomeTaxRateReconciliationTaxCreditsOther	0.071	pure
CY2020Q1	us-gaap	Effective Income Tax Rate Reconciliation Tax Credits Other EffectiveIncomeTaxRateReconciliationTaxCreditsOther	0.069	pure
CY2021Q1	us-gaap	Effective Income Tax Rate Reconciliation Deductions Other EffectiveIncomeTaxRateReconciliationDeductionsOther	0.006	pure
CY2020Q1	us-gaap	Effective Income Tax Rate Reconciliation Deductions Other EffectiveIncomeTaxRateReconciliationDeductionsOther	0.016	pure
CY2021Q1	us-gaap	Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate	0.167	pure
CY2020Q1	us-gaap	Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate	0.026	pure
CY2021Q1	us-gaap	Effective Income Tax Rate Reconciliation Other Reconciling Items Percent EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent	0	pure
CY2020Q1	us-gaap	Effective Income Tax Rate Reconciliation Other Reconciling Items Percent EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent	0	pure
CY2021Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.013	pure
CY2020Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.161	pure
CY2021Q1	mgee	Defined Benefit Plan Deferred Net Periodic Benefit Costs DefinedBenefitPlanDeferredNetPeriodicBenefitCosts	-3400000	USD
CY2020Q1	mgee	Defined Benefit Plan Deferred Net Periodic Benefit Costs DefinedBenefitPlanDeferredNetPeriodicBenefitCosts	-400000	USD
CY2021Q1	mgee	Stockissuedduringperiodunderthestockplan Stockissuedduringperiodunderthestockplan	0	shares
CY2021Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	1543	shares
CY2020Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	-600000	USD
CY2019Q4	mgee	Deferredfuelrulesmonitoredcosts Deferredfuelrulesmonitoredcosts	1500000	USD
CY2019Q4	mgee	Deferredfuelrulesmonitoredcosts Deferredfuelrulesmonitoredcosts	1500000	USD
CY2020Q4	mgee	Deferredfuelrulesmonitoredcosts Deferredfuelrulesmonitoredcosts	3200000	USD
CY2021Q1	mgee	Deferredfuelrulesmonitoredcosts Deferredfuelrulesmonitoredcosts	500000	USD
CY2021Q1	us-gaap	Derivatives Methods Of Accounting Hedging Derivatives DerivativesMethodsOfAccountingHedgingDerivatives	<span style="font-family: Calibri; font-size: 10.00pt">As part of its regular operations, MGE enters into contracts, including options, swaps, futures, forwards, and other contractual commitments, to manage its exposure to commodity prices. To the extent that these contracts are derivatives, MGE assesses whether or not the normal purchases or normal sales exclusion applies. For contracts to which this exclusion cannot be applied, the derivatives are recognized in the consolidated balance sheets at fair value. MGE's financial commodity derivative activities are conducted in accordance with its electric and gas risk management program, which is approved by the PSCW and limits the volume MGE can hedge with specific risk management strategies. The maximum length of time over which cash flows related to energy commodities can be hedged is </span><span style="font-family: Calibri; font-size: 10.00pt"><span style="-sec-ix-hidden: ID_622">four</span> years. If the derivative qualifies for regulatory deferral, the derivatives are marked to fair value and are offset with a corresponding regulatory asset or liability depending on whether the derivative is in a net loss or net gain position, respectively. The deferred gain or loss is recognized in earnings in the delivery month applicable to the instrument. Gains and losses related to hedges qualifying for regulatory treatment are recoverable in gas rates through the PGA or in electric rates as a component of the fuel rules mechanism.</span>
CY2021Q1	us-gaap	Derivative Net Liability Position Aggregate Fair Value DerivativeNetLiabilityPositionAggregateFairValue	0	USD
CY2021Q1	mgee	Counterparties In Default CounterpartiesInDefault	0
CY2021Q1	us-gaap	Derivative Liability Collateral Right To Reclaim Cash Offset DerivativeLiabilityCollateralRightToReclaimCashOffset	0	USD
CY2021Q1	mgee	Fair Value Inputs Delivery Points Basis Adjustment On Peak FairValueInputsDeliveryPointsBasisAdjustmentOnPeak	0.944	pure
CY2020	mgee	Fair Value Inputs Delivery Points Basis Adjustment On Peak FairValueInputsDeliveryPointsBasisAdjustmentOnPeak	0.942	pure
CY2021Q1	mgee	Fair Value Inputs Delivery Points Basis Adjustment Off Peak FairValueInputsDeliveryPointsBasisAdjustmentOffPeak	0.950	pure
CY2020	mgee	Fair Value Inputs Delivery Points Basis Adjustment Off Peak FairValueInputsDeliveryPointsBasisAdjustmentOffPeak	0.945	pure
CY2020Q4	us-gaap	Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs	-14055000	USD
CY2019Q4	us-gaap	Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs	-26456000	USD
CY2021Q1	mgee	Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Regulatory Liabilities Assets FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInRegulatoryLiabilitiesAssets	2688000	USD
CY2021Q1	us-gaap	Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Other Comprehensive Income Loss FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInOtherComprehensiveIncomeLoss	0	USD
CY2021Q1	us-gaap	Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Earnings FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings	-307000	USD
CY2020Q1	us-gaap	Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Earnings FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings	1453000	USD
CY2021Q1	mgee	Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Current Assets FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInCurrentAssets	355000	USD
CY2021Q1	us-gaap	Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Purchases FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPurchases	5884000	USD
CY2021Q1	us-gaap	Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Sales FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSales	0	USD
CY2021Q1	us-gaap	Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Issues FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationIssues	0	USD
CY2021Q1	us-gaap	Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements	6546000	USD
CY2021Q1	us-gaap	Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs	-11367000	USD
CY2020Q1	us-gaap	Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs	-25647000	USD
CY2021Q1	us-gaap	Fair Value Net Derivative Asset Liability Measured On Recurring Basis Change In Unrealized Gain Loss FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLoss	0	USD
CY2020Q1	us-gaap	Fair Value Net Derivative Asset Liability Measured On Recurring Basis Change In Unrealized Gain Loss FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLoss	0	USD
CY2021Q1	us-gaap	Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Earnings FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings	-307000	USD
CY2020Q1	us-gaap	Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Earnings FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings	1453000	USD
CY2021Q1	us-gaap	Regulated And Unregulated Operating Revenue RegulatedAndUnregulatedOperatingRevenue	167915000	USD
CY2021Q1	us-gaap	Profit Loss ProfitLoss	34933000	USD
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	34933000	USD
CY2020Q1	us-gaap	Regulated And Unregulated Operating Revenue RegulatedAndUnregulatedOperatingRevenue	149873000	USD
CY2020Q1	us-gaap	Net Income Loss NetIncomeLoss	26037000	USD

Files In Submission

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0001161728-21-000032.txt	Edgar Link	pending
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$MGEE
MGE ENERGY INC Stock $mgee

2021 Q1 Form 10-Q Financial Statement

#000116172821000032 Filed on May 06, 2021

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MGEE MGE ENERGY INC Stock $mgee

2021 Q1 Form 10-Q Financial Statement

#000116172821000032 Filed on May 06, 2021

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MGEE
MGE ENERGY INC Stock $mgee