XML 24 R8.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Statements of Changes in Equity - USD ($)
$ in Thousands
Total
Total PNMR Common Stockholders’ Equity
Common Stock
AOCI
Retained Earnings
Non- controlling Interest in Valencia
PNM
PNM
Total PNMR Common Stockholders’ Equity
PNM
Common Stock
PNM
AOCI
PNM
Retained Earnings
PNM
Non- controlling Interest in Valencia
Texas-New Mexico Power Company
Texas-New Mexico Power Company
Common Stock
Texas-New Mexico Power Company
Paid-in Capital
Texas-New Mexico Power Company
Retained Earnings
Beginning balance at Dec. 31, 2019 $ 1,741,750 $ 1,678,698 $ 1,150,552 $ (99,377) $ 627,523 $ 63,052 $ 1,512,431 $ 1,449,379 $ 1,264,918 $ (99,055) $ 283,516 $ 63,052        
Beginning balance TNMP at Dec. 31, 2019                         $ 754,627 $ 64 $ 614,166 $ 140,397
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Net earnings before subsidiary preferred stock dividends 50,162 42,493     42,493 7,669 37,416 29,747     29,747 7,669        
Net earnings             29,747           23,266     23,266
Total other comprehensive income (loss) 6,796 6,796   6,796     8,063 8,063   8,063            
Subsidiary preferred stock dividends (264) (264)     (264)                      
Dividends declared on preferred stock             (264) (264)     (264)          
Dividends declared on common stock (24,493) (24,493)     (24,493)   (40,654) (40,654)     (40,654)   (18,439)     (18,439)
Proceeds from stock option exercise 24 24 24                          
Awards of common stock (11,984) (11,984) (11,984)                          
Stock based compensation expense 5,230 5,230 5,230                          
Valencia’s transactions with its owner (10,794)         (10,794) (10,794)         (10,794)        
Ending balance at Jun. 30, 2020 1,756,427 1,696,500 1,143,822 (92,581) 645,259 59,927 1,506,198 1,446,271 1,264,918 (90,992) 272,345 59,927        
Ending balance TNMP at Jun. 30, 2020                         759,454 64 614,166 145,224
Beginning balance at Mar. 31, 2020 1,687,569 1,627,222 1,142,879 (103,427) 587,770 60,347 1,450,484 1,390,137 1,264,918 (101,586) 226,805 60,347        
Beginning balance TNMP at Mar. 31, 2020                         750,372 64 614,166 136,142
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Net earnings before subsidiary preferred stock dividends 61,561 57,621     57,621 3,940 49,612 45,672     45,672 3,940        
Net earnings             45,672           16,174     16,174
Total other comprehensive income (loss) 10,846 10,846   10,846     10,594 10,594   10,594            
Subsidiary preferred stock dividends (132) (132)     (132)                      
Dividends declared on preferred stock             (132) (132)     (132)          
Dividends declared on common stock             (40,700)           (7,092)     (7,092)
Awards of common stock (486) (486) (486)                          
Stock based compensation expense 1,429 1,429 1,429                          
Valencia’s transactions with its owner (4,360)         (4,360) (4,360)         (4,360)        
Ending balance at Jun. 30, 2020 1,756,427 1,696,500 1,143,822 (92,581) 645,259 59,927 1,506,198 1,446,271 1,264,918 (90,992) 272,345 59,927        
Ending balance TNMP at Jun. 30, 2020                         759,454 64 614,166 145,224
Beginning balance at Dec. 31, 2020 2,108,474 2,049,465 1,429,941 (79,183) 698,707 59,009 1,863,752 1,804,743 1,494,918 (78,511) 388,336 59,009        
Beginning balance TNMP at Dec. 31, 2020 2,049,465           1,804,743           825,678 64 685,166 140,448
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Net earnings before subsidiary preferred stock dividends 78,966 71,552     71,552 7,414 67,566 60,152     60,152 7,414        
Net earnings             60,152           24,385     24,385
Total other comprehensive income (loss) (170) (170)   (170)     (842) (842)   (842)            
Equity contribution from parent                         52,000   52,000  
Subsidiary preferred stock dividends (264) (264)     (264)                      
Dividends declared on preferred stock             (264) (264)     (264)          
Dividends declared on common stock (28,111) (28,111)     (28,111)                      
Awards of common stock (9,953) (9,953) (9,953)                          
Stock based compensation expense 5,712 5,712 5,712                          
Valencia’s transactions with its owner (9,256)         (9,256) (9,256)         (9,256)        
Ending balance at Jun. 30, 2021 2,145,398 2,088,231 1,425,700 (79,353) 741,884 57,167 1,920,956 1,863,789 1,494,918 (79,353) 448,224 57,167        
Ending balance TNMP at Jun. 30, 2021 2,088,231           1,863,789           902,063 64 737,166 164,833
Beginning balance at Mar. 31, 2021 2,088,226 2,030,966 1,425,133 (82,342) 688,175 57,260 1,876,916 1,819,656 1,494,918 (82,134) 406,872 57,260        
Beginning balance TNMP at Mar. 31, 2021                         834,413 64 685,166 149,183
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Net earnings before subsidiary preferred stock dividends 57,761 53,841     53,841 3,920 45,404 41,484     41,484 3,920        
Net earnings             41,484           15,650     15,650
Total other comprehensive income (loss) 2,989 2,989   2,989     2,781 2,781   2,781            
Equity contribution from parent                         52,000   52,000  
Subsidiary preferred stock dividends (132) (132)     (132)                      
Dividends declared on preferred stock             (132) (132)     (132)          
Awards of common stock (926) (926) (926)                          
Stock based compensation expense 1,493 1,493 1,493                          
Valencia’s transactions with its owner (4,013)         (4,013) (4,013)         (4,013)        
Ending balance at Jun. 30, 2021 2,145,398 $ 2,088,231 $ 1,425,700 $ (79,353) $ 741,884 $ 57,167 1,920,956 $ 1,863,789 $ 1,494,918 $ (79,353) $ 448,224 $ 57,167        
Ending balance TNMP at Jun. 30, 2021 $ 2,088,231           $ 1,863,789           $ 902,063 $ 64 $ 737,166 $ 164,833