Earnings and Dividends Per Share (Tables)

12 Months Ended

Dec. 31, 2016

Earnings Per Share [Abstract]

Computation of Earnings per Share and Dividends per Share

Information regarding the computation of earnings per share and dividends per share is as follows:

	Year Ended December 31,
	2016		2015		2014
	(In thousands, except per share amounts)
Earnings Attributable to PNMR	$	116,849	$	15,640	$	116,254
Average Number of Common Shares:
Outstanding during year	79,654		79,654		79,654
Vested awards of restricted stock	104		105		134
Average Shares – Basic	79,758		79,759		79,788
Dilutive Effect of Common Stock Equivalents:
Stock options and restricted stock	374		380		491
Average Shares – Diluted	80,132		80,139		80,279
Net Earnings Per Share of Common Stock:
Basic	$	1.47	$	0.20	$	1.46
Diluted	$	1.46	$	0.20	$	1.45
Dividends Declared per Common Share	$	0.9025	$	0.8200	$	0.7550