Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2017

Earnings Per Share [Abstract]

Computation of Earnings Per Share

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

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2017		2016		2017		2016
	(In thousands, except per share amounts)
Net Earnings Attributable to PNMR	$	73,739	$	54,418	$	134,156	$	92,040
Average Number of Common Shares:
Outstanding during period	79,654		79,654		79,654		79,654
Vested awards of restricted stock	284		96		215		99
Average Shares – Basic	79,938		79,750		79,869		79,753
Dilutive Effect of Common Stock Equivalents:
Stock options and restricted stock	216		367		263		377
Average Shares – Diluted	80,154		80,117		80,132		80,130
Net Earnings Per Share of Common Stock:
Basic	$	0.92	$	0.68	$	1.68	$	1.15
Diluted	$	0.92	$	0.68	$	1.67	$	1.15