Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2018

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,
	2018		2017		2018		2017
	(In thousands, except per share amounts)
Net Earnings Attributable to PNMR	$	87,521	$	73,739	$	140,719	$	134,156
Average Number of Common Shares:
Outstanding during period	79,654		79,654		79,654		79,654
Vested awards of restricted stock	215		284		210		215
Average Shares – Basic	79,869		79,938		79,864		79,869
Dilutive Effect of Common Stock Equivalents:
Stock options and restricted stock	111		216		126		263
Average Shares – Diluted	79,980		80,154		79,990		80,132
Net Earnings Per Share of Common Stock:
Basic	$	1.10	$	0.92	$	1.76	$	1.68
Diluted	$	1.09	$	0.92	$	1.76	$	1.67