$MGEE
MGE ENERGY INC

2021 Q2 Form 10-Q Financial Statement

#000116172821000058 Filed on August 05, 2021

View on sec.gov

Income Statement

Concept 2021 Q2 2020 Q2 2020 Q1
Revenue $130.7M $117.0M $149.9M
YoY Change 11.7% -4.18% -10.56%
Cost Of Revenue $22.42M $17.20M $41.30M
YoY Change 30.33% -13.57% -23.66%
Gross Profit $108.3M $99.80M $108.6M
YoY Change 8.53% -2.35% -4.32%
Gross Profit Margin 82.85% 85.27% 72.46%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $18.58M $18.40M $18.20M
YoY Change 0.96% 1.66% 6.43%
% of Gross Profit 17.15% 18.44% 16.76%
Operating Expenses $84.92M $78.30M $77.10M
YoY Change 8.45% -5.09% -7.11%
Operating Profit $23.39M $21.52M $31.44M
YoY Change 8.7% 8.78% 3.04%
Interest Expense -$5.771M -$5.900M -$6.100M
YoY Change -2.19% 3.51% 8.93%
% of Operating Profit -24.67% -27.42% -19.4%
Other Income/Expense, Net $6.110M $6.925M $5.671M
YoY Change -11.77% 37.98% 16.9%
Pretax Income $23.73M $22.53M $31.05M
YoY Change 5.33% 18.25% 4.49%
Income Tax $881.0K $3.740M $5.013M
% Of Pretax Income 3.71% 16.6% 16.14%
Net Earnings $22.85M $18.79M $26.04M
YoY Change 21.61% 20.86% 8.46%
Net Earnings / Revenue 17.48% 16.06% 17.37%
Basic Earnings Per Share $0.63 $0.53 $0.75
Diluted Earnings Per Share $0.63 $0.53 $0.75
COMMON SHARES
Basic Shares Outstanding 36.16M 35.44M shares 34.67M shares
Diluted Shares Outstanding 36.17M 35.44M shares 34.67M shares

Balance Sheet

Concept 2021 Q2 2020 Q2 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $34.03M $51.60M $17.50M
YoY Change -34.06% -26.18% -78.76%
Cash & Equivalents $34.03M $51.64M $17.45M
Short-Term Investments
Other Short-Term Assets $10.43M $78.50M $9.241M
YoY Change -86.72% 777.98% 22.77%
Inventory $46.06M $46.10M $40.70M
Prepaid Expenses
Receivables $37.48M $33.90M $39.35M
Other Receivables $8.733M $7.600M $8.722M
Total Short-Term Assets $191.4M $217.8M $162.2M
YoY Change -12.12% 2.93% -26.7%
LONG-TERM ASSETS
Property, Plant & Equipment $1.827B $1.686B $1.653B
YoY Change 8.37% 7.62% 7.43%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $97.18M $91.70M $89.30M
YoY Change 5.98% 10.88% 12.47%
Other Assets $27.27M $166.4M $18.52M
YoY Change -83.61% 992.44% 13.8%
Total Long-Term Assets $2.111B $1.946B $1.911B
YoY Change 8.47% 7.24% 7.19%
TOTAL ASSETS
Total Short-Term Assets $191.4M $217.8M $162.2M
Total Long-Term Assets $2.111B $1.946B $1.911B
Total Assets $2.302B $2.164B $2.073B
YoY Change 6.39% 6.79% 3.45%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $46.63M $40.70M $39.19M
YoY Change 14.56% -0.63% -2.89%
Accrued Expenses $20.11M $20.40M $16.80M
YoY Change -1.42% 16.57% -23.29%
Deferred Revenue
YoY Change
Short-Term Debt $31.00M $0.00 $3.000M
YoY Change -100.0% -50.0%
Long-Term Debt Due $4.829M $19.70M $19.70M
YoY Change -75.49% 327.8% 330.22%
Total Short-Term Liabilities $145.7M $109.6M $111.0M
YoY Change 32.93% -14.53% -1.31%
LONG-TERM LIABILITIES
Long-Term Debt $556.4M $539.2M $522.6M
YoY Change 3.2% 9.77% 6.16%
Other Long-Term Liabilities $85.43M $308.7M $306.0M
YoY Change -72.33% 343.79% 352.12%
Total Long-Term Liabilities $592.7M $847.9M $522.6M
YoY Change -30.1% 47.76% -8.29%
TOTAL LIABILITIES
Total Short-Term Liabilities $145.7M $109.6M $111.0M
Total Long-Term Liabilities $592.7M $847.9M $522.6M
Total Liabilities $738.4M $1.209B $633.6M
YoY Change -38.9% 72.13% -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 $1.007B $955.2M $869.5M
YoY Change
Total Liabilities & Shareholders Equity $2.302B $2.164B $2.073B
YoY Change 6.4% 6.79% 3.45%

Cashflow Statement

Concept 2021 Q2 2020 Q2 2020 Q1
OPERATING ACTIVITIES
Net Income $22.85M $18.79M $26.04M
YoY Change 21.61% 20.86% 8.46%
Depreciation, Depletion And Amortization $18.58M $18.40M $18.20M
YoY Change 0.96% 1.66% 6.43%
Cash From Operating Activities $34.63M $31.70M $53.82M
YoY Change 9.25% -3.06% 1.17%
INVESTING ACTIVITIES
Capital Expenditures -$40.97M -$38.40M $46.76M
YoY Change 6.68% -18.64% 46.43%
Acquisitions
YoY Change
Other Investing Activities -$1.241M -$1.500M $398.0K
YoY Change -17.27% -42.31% 93.2%
Cash From Investing Activities -$42.21M -$39.90M -$48.80M
YoY Change 5.78% -19.72% 48.42%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $79.64M
YoY Change
Debt Paid & Issued, Net $1.155M
YoY Change 2.3%
Cash From Financing Activities 1.630M 62.30M -$11.04M
YoY Change -97.38% 1315.91% -47.0%
NET CHANGE
Cash From Operating Activities 34.63M 31.70M $53.82M
Cash From Investing Activities -42.21M -39.90M -$48.80M
Cash From Financing Activities 1.630M 62.30M -$11.04M
Net Change In Cash -5.945M 54.10M -$6.020M
YoY Change -110.99% -529.37% 1073.49%
FREE CASH FLOW
Cash From Operating Activities $34.63M $31.70M $53.82M
Capital Expenditures -$40.97M -$38.40M $46.76M
Free Cash Flow $75.60M $70.10M $7.061M
YoY Change 7.85% -12.27% -66.79%

Facts In Submission

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48078000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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47039000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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25814000 USD
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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35594000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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73892000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
12426000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
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15762000 USD
CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
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34025000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
44738000 USD
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37483000 USD
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8733000 USD
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25735000 USD
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27511000 USD
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31902000 USD
CY2021Q2 us-gaap Energy Related Inventory Other Fossil Fuel
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6224000 USD
CY2021Q2 us-gaap Energy Related Inventory Gas Stored Underground
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7935000 USD
CY2021Q2 us-gaap Prepaid Taxes
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15087000 USD
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13842000 USD
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135964000 USD
CY2021Q2 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
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21690000 USD
CY2020Q4 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
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13873000 USD
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Assets
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CY2020Q4 us-gaap Assets
Assets
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31000000 USD
CY2020Q4 us-gaap Short Term Borrowings
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52500000 USD
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46625000 USD
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12635000 USD
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41664000 USD
CY2021Q2 mgee Property Plant And Equipment Net Before Construction In Progress
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CY2021Q2 us-gaap Construction In Progress Gross
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CY2021Q2 us-gaap Property Plant And Equipment Net
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1827320000 USD
CY2021Q2 us-gaap Investments
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235645000 USD
CY2021Q2 us-gaap Accumulated Deferred Investment Tax Credit
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29792000 USD
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0 USD
CY2021Q2 us-gaap Finance Lease Liability Noncurrent
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17519000 USD
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17532000 USD
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CY2021Q2 us-gaap Liabilities Noncurrent
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CY2021Q2 us-gaap Stockholders Equity
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CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
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CY2021Q2 us-gaap Long Term Debt Noncurrent
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CY2021Q2 us-gaap Capitalization Longterm Debt And Equity
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CY2021Q2 us-gaap Liabilities And Stockholders Equity
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StockholdersEquity
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CY2020Q2 us-gaap Net Income Loss
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CY2020Q2 us-gaap Dividends Common Stock Cash
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CY2020Q2 us-gaap Proceeds From Issuance Of Common Stock
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CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
955171000 USD
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
997711000 USD
CY2021Q2 us-gaap Net Income Loss
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22851000 USD
CY2021Q2 us-gaap Dividends Common Stock Cash
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13381000 USD
CY2021Q2 us-gaap Stockholders Equity Other
StockholdersEquityOther
120000 USD
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
1007301000 USD
us-gaap Net Income Loss
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44828000 USD
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.705
us-gaap Dividends Common Stock Cash
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24968000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
79635000 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
955171000 USD
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
976000000 USD
us-gaap Net Income Loss
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57784000 USD
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.740
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26761000 USD
CY2021Q2 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Investment
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0.013 pure
us-gaap Stockholders Equity Other
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278000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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47039000 USD
CY2021Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.210 pure
CY2020Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210 pure
CY2021Q2 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.062 pure
CY2020Q2 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.063 pure
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
1007301000 USD
CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
34025000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
44738000 USD
CY2021Q2 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
1019000 USD
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
644000 USD
CY2021Q2 us-gaap Margin Deposit Assets
MarginDepositAssets
550000 USD
CY2020Q4 us-gaap Margin Deposit Assets
MarginDepositAssets
1657000 USD
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
35594000 USD
CY2020Q2 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Investment
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0.001 pure
CY2021Q2 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Other
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0.063 pure
CY2020Q2 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Other
EffectiveIncomeTaxRateReconciliationTaxCreditsOther
0.067 pure
CY2021Q2 us-gaap Effective Income Tax Rate Reconciliation Deductions Other
EffectiveIncomeTaxRateReconciliationDeductionsOther
0.015 pure
CY2020Q2 us-gaap Effective Income Tax Rate Reconciliation Deductions Other
EffectiveIncomeTaxRateReconciliationDeductionsOther
0.014 pure
CY2021Q2 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
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0.145 pure
CY2020Q2 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.026 pure
CY2021Q2 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0.001 pure
CY2020Q2 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0.001 pure
CY2021Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.037 pure
CY2020Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.166 pure
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210 pure
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.210 pure
us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.062 pure
us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.063 pure
us-gaap Effective Income Tax Rate Reconciliation Tax Credits Investment
EffectiveIncomeTaxRateReconciliationTaxCreditsInvestment
0.015 pure
us-gaap Effective Income Tax Rate Reconciliation Tax Credits Investment
EffectiveIncomeTaxRateReconciliationTaxCreditsInvestment
0.001 pure
us-gaap Effective Income Tax Rate Reconciliation Tax Credits Other
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0.068 pure
us-gaap Effective Income Tax Rate Reconciliation Tax Credits Other
EffectiveIncomeTaxRateReconciliationTaxCreditsOther
0.068 pure
us-gaap Effective Income Tax Rate Reconciliation Deductions Other
EffectiveIncomeTaxRateReconciliationDeductionsOther
0.009 pure
us-gaap Effective Income Tax Rate Reconciliation Deductions Other
EffectiveIncomeTaxRateReconciliationDeductionsOther
0.015 pure
us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
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0.158 pure
us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.026 pure
us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
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0.001 pure
us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0 pure
us-gaap Effective Income Tax Rate Continuing Operations
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0.023 pure
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.163 pure
CY2021Q2 mgee Defined Benefit Plan Deferred Net Periodic Benefit Costs
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mgee Defined Benefit Plan Deferred Net Periodic Benefit Costs
DefinedBenefitPlanDeferredNetPeriodicBenefitCosts
-3600000 USD
CY2020Q2 mgee Defined Benefit Plan Deferred Net Periodic Benefit Costs
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mgee Defined Benefit Plan Deferred Net Periodic Benefit Costs
DefinedBenefitPlanDeferredNetPeriodicBenefitCosts
-600000 USD
mgee Deferred Savings From Current Year Employee Benefit Costs
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2600000 USD
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StockIssuedDuringPeriodSharesNewIssues
1500000 shares
us-gaap Proceeds From Issuance Of Common Stock
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79600000 USD
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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6372 shares
mgee Stockissuedduringperiodunderthestockplan
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0 shares
CY2021Q2 us-gaap Allocated Share Based Compensation Expense
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600000 USD
CY2020Q2 us-gaap Allocated Share Based Compensation Expense
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800000 USD
CY2021Q2 us-gaap Purchase Obligation Future Minimum Payments Remainder Of Fiscal Year
PurchaseObligationFutureMinimumPaymentsRemainderOfFiscalYear
30228000 USD
CY2021Q2 us-gaap Purchase Obligation Due In Next Twelve Months
PurchaseObligationDueInNextTwelveMonths
42184000 USD
CY2021Q2 us-gaap Purchase Obligation Due In Second Year
PurchaseObligationDueInSecondYear
27639000 USD
CY2021Q2 us-gaap Purchase Obligation Due In Third Year
PurchaseObligationDueInThirdYear
24740000 USD
CY2021Q2 us-gaap Purchase Obligation Due In Fourth Year
PurchaseObligationDueInFourthYear
23102000 USD
CY2021Q2 us-gaap Purchase Obligation Due After Fifth Year
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17223000 USD
CY2019Q4 mgee Deferredfuelrulesmonitoredcosts
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1500000 USD
CY2019Q4 mgee Deferredfuelrulesmonitoredcosts
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1500000 USD
CY2020Q4 mgee Deferredfuelrulesmonitoredcosts
Deferredfuelrulesmonitoredcosts
3200000 USD
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Change In Unrealized Gain Loss
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0 USD
CY2021Q2 mgee Deferredfuelrulesmonitoredcosts
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mgee Fair Value Inputs Delivery Points Basis Adjustment On Peak
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0.945 pure
CY2020 mgee Fair Value Inputs Delivery Points Basis Adjustment On Peak
FairValueInputsDeliveryPointsBasisAdjustmentOnPeak
0.942 pure
mgee Fair Value Inputs Delivery Points Basis Adjustment Off Peak
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0.949 pure
CY2020 mgee Fair Value Inputs Delivery Points Basis Adjustment Off Peak
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0.945 pure
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CY2020Q1 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
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CY2020Q4 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
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CY2019Q4 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
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CY2021Q2 mgee Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Regulatory Liabilities Assets
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6834000 USD
CY2020Q2 mgee Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Regulatory Liabilities Assets
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInRegulatoryLiabilitiesAssets
4624000 USD
mgee Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Regulatory Liabilities Assets
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInRegulatoryLiabilitiesAssets
9522000 USD
mgee Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Regulatory Liabilities Assets
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInRegulatoryLiabilitiesAssets
5434000 USD
CY2021Q2 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
CY2020Q2 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
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
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
CY2021Q2 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Earnings
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings
98000 USD
CY2020Q2 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Earnings
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings
1710000 USD
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Earnings
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings
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us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Earnings
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3163000 USD
CY2021Q2 mgee Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Current Assets
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInCurrentAssets
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CY2020Q2 mgee Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Current Assets
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInCurrentAssets
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mgee Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Current Assets
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInCurrentAssets
175000 USD
mgee Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Current Assets
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInCurrentAssets
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CY2021Q2 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Purchases
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPurchases
6377000 USD
CY2020Q2 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Purchases
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPurchases
5317000 USD
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Purchases
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPurchases
12261000 USD
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Purchases
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPurchases
10331000 USD
CY2021Q2 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Sales
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSales
0 USD
CY2020Q2 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Sales
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSales
0 USD
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Sales
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSales
0 USD
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Sales
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSales
0 USD
CY2021Q2 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Issues
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationIssues
0 USD
CY2020Q2 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Issues
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationIssues
0 USD
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Issues
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationIssues
0 USD
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Issues
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationIssues
0 USD
CY2021Q2 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
6099000 USD
CY2020Q2 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
3296000 USD
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
12646000 USD
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
7105000 USD
CY2021Q2 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
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CY2020Q2 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
-21023000 USD
CY2021Q2 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
-4533000 USD
CY2021Q2 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
0 USD
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
0 USD
CY2021Q2 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Earnings
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings
98000 USD
CY2020Q2 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Earnings
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings
1710000 USD
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Earnings
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings
-210000 USD
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Earnings
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings
3163000 USD
CY2021Q2 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
130730000 USD
CY2021Q2 us-gaap Profit Loss
ProfitLoss
22851000 USD
CY2020Q2 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
117040000 USD
CY2020Q2 us-gaap Profit Loss
ProfitLoss
18791000 USD
us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
298645000 USD
us-gaap Profit Loss
ProfitLoss
57784000 USD
us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
266913000 USD
us-gaap Profit Loss
ProfitLoss
44828000 USD

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