At December 31
(in thousands)
2008 2007
Common Shareholders' Equity    
  Common stock — par value $1 per share:    
    Authorized 50,000,000 shares    
    Issued 22,904,573 and 21,950,335 shares, respectively $    22,905 $    21,950
  Additional paid-in capital 310,202 280,217
  Retained earnings 144,904 123,916
  Accumulated other comprehensive income, net of tax 191 1,643
    Total Common Shareholders' Equity 478,202 427,726
      
Redeemable Preferred Stock    
Cumulative, $25 par value, 1,175,000 authorized but unissued
      
First Mortgage Bonds    
  7.70%, 2028 Series 1,200 1,200
      
Other Long-Term Debt    
  6.02%, due 2008 $          — $    30,000
  4.875% 2012 Series, Industrial Development Revenue Bonds 19,300 19,300
  5,875% 2034 Series, Industrial Development Revenue Bonds 28,000 28,000
  6.58%, due 2012 15,000 15,000
  5.26%, due 2017 20,000 20,000
  5.25%, due 2017 30,000 30,000
  5.59%, due 2018 40,000
  7.12%, due 2032 25,000 25,000
  6.12%, due 2028 20,000 20,000
  5.68%, due 2033 30,000 30,000
  5.19%, due 2033 20,000 20,000
  6.247%, due 2037 25,000 25,000
    Total Other Long-Term Debt 272,300 262,300
      
  Long-term debt due within one year &mdash (30,000)
  Unamortized discount (1,092) (1,154)
      
    Total Long-Term Debt 272,408 232,346
      
    Total Capitalization $  750,610 $  660,072



For detailed financial information, see the 2008 MGE Energy Form 10-K.