At December 31
(in thousands)
2007 2006
Common Shareholders' Equity    
  Common stock — par value $1 per share:    
    Authorized 50,000,000 shares    
    Issued 21,950,335 and 20,975,392 shares, respectively $    21,950 $    20,975
  Additional paid-in capital 280,217 248,406
  Retained earnings 123,916 105,386
  Accumulated other comprehensive income, net of tax       1,643       581
    Total Common Shareholders’ Equity      427,726      375,348
      
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    
  7.49%, due 2007 $          — $    15,000
  6.02%, due 2008 30,000 30,000
  4.875% 2012 Series, Industrial Development Revenue Bonds 19,300 19,300
  5,875% 2012 Series, Industrial Development Revenue Bonds 28,000 28,000
  6.58%, due 2012 15,000 15,000
  5.25%, due 2017 30,000 30,000
  5.26%, due 2017 20,000 20,000
  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              —
    Total Other Long-Term Debt     262,300     252,300
      
  Long-term debt due within one year (30,000) (15,000)
  Unamortized discount       (1,154)       (1,216)
      
    Total Long-Term Debt     232,346     237,284
      
    Total Capitalization   $  660,072   $  612,632

For detailed financial information, see the 2007 MGE Energy Form 10-K.