XML 58 R38.htm IDEA: XBRL DOCUMENT v3.10.0.1
Segment Information - Summarized Financial Information (Details)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
USD ($)
Sep. 30, 2017
USD ($)
Sep. 30, 2018
USD ($)
segment
Sep. 30, 2017
USD ($)
Dec. 31, 2017
USD ($)
Segment Reporting Information [Line Items]          
Number of operating segments | segment     1    
Segment Reporting Information, Profit (Loss) [Abstract]          
Electric operating revenues $ 422,666 $ 419,900 $ 1,092,857 $ 1,112,398  
Utility margin 309,130 316,152 799,054 801,580  
Other operating expenses 119,560 112,709 365,238 338,788  
Depreciation and amortization 61,580 58,821 180,365 172,829  
Operating income 127,990 144,622 253,451 289,963  
Interest income 3,400 3,582 11,862 12,348  
Other income (deductions) 3,574 4,972 3,214 14,984  
Interest charges (30,492) (32,106) (96,868) (96,137)  
Earnings before Income Taxes 104,472 121,070 171,659 221,158  
Income taxes (benefit) 12,899 42,743 18,838 75,154  
Net Earnings 91,573 78,327 152,821 146,004  
Valencia non-controlling interest (3,920) (4,456) (11,706) (11,452)  
Subsidiary preferred stock dividends (132) (132) (396) (396)  
Net Earnings Available for PNM Common Stock 87,521 73,739 140,719 134,156  
Total Assets 6,848,995 6,697,254 6,848,995 6,697,254 $ 6,646,103
Goodwill 278,297 278,297 278,297 278,297 $ 278,297
PNM          
Segment Reporting Information, Profit (Loss) [Abstract]          
Utility margin 238,990 244,887 602,569 608,274  
Other operating expenses 98,000 92,733 305,569 281,886  
Depreciation and amortization 38,474 36,764 113,314 109,228  
Operating income 102,516 115,390 183,686 217,160  
Interest income 3,472 1,782 9,340 6,457  
Other income (deductions) 2,515 4,204 588 13,510  
Interest charges (18,063) (20,451) (58,881) (62,393)  
Earnings before Income Taxes 90,440 100,925 134,733 174,734  
Income taxes (benefit) 9,012 35,642 11,009 58,865  
Net Earnings 81,428 65,283 123,724 115,869  
Valencia non-controlling interest (3,920) (4,456) (11,706) (11,452)  
Subsidiary preferred stock dividends (132) (132) (396) (396)  
Net Earnings Available for PNM Common Stock 77,376 60,695 111,622 104,021  
Total Assets 5,042,761 5,023,816 5,042,761 5,023,816  
Goodwill 51,632 51,632 51,632 51,632  
TNMP          
Segment Reporting Information, Profit (Loss) [Abstract]          
Utility margin 70,140 71,265 196,485 193,306  
Other operating expenses 25,140 25,367 73,624 72,188  
Depreciation and amortization 17,176 16,424 49,676 47,392  
Operating income 27,824 29,474 73,185 73,726  
Interest income 0 0 0 0  
Other income (deductions) 1,151 1,228 3,067 2,392  
Interest charges (8,241) (7,704) (23,771) (22,619)  
Earnings before Income Taxes 20,734 22,998 52,481 53,499  
Income taxes (benefit) 4,634 8,271 11,602 18,964  
Net Earnings 16,100 14,727 40,879 34,535  
Valencia non-controlling interest 0 0 0 0  
Subsidiary preferred stock dividends 0 0 0 0  
Net Earnings Available for PNM Common Stock 16,100 14,727 40,879 34,535  
Total Assets 1,628,842 1,465,219 1,628,842 1,465,219  
Goodwill 226,665 226,665 226,665 226,665  
Corporate and Other          
Segment Reporting Information, Profit (Loss) [Abstract]          
Utility margin 0 0 0 0  
Other operating expenses (3,580) (5,391) (13,955) (15,286)  
Depreciation and amortization 5,930 5,633 17,375 16,209  
Operating income (2,350) (242) (3,420) (923)  
Interest income (72) 1,800 2,522 5,891  
Other income (deductions) (92) (460) (441) (918)  
Interest charges (4,188) (3,951) (14,216) (11,125)  
Earnings before Income Taxes (6,702) (2,853) (15,555) (7,075)  
Income taxes (benefit) (747) (1,170) (3,773) (2,675)  
Net Earnings (5,955) (1,683) (11,782) (4,400)  
Valencia non-controlling interest 0 0 0 0  
Subsidiary preferred stock dividends 0 0 0 0  
Net Earnings Available for PNM Common Stock (5,955) (1,683) (11,782) (4,400)  
Total Assets 177,392 208,219 177,392 208,219  
Goodwill 0 0 0 0  
Electricity          
Segment Reporting Information, Profit (Loss) [Abstract]          
Electric operating revenues 422,666 419,900 1,092,857 1,112,398  
Cost of energy 113,536 103,748 293,803 310,818  
Electricity | PNM          
Segment Reporting Information, Profit (Loss) [Abstract]          
Electric operating revenues 331,374 327,254 832,116 854,909  
Cost of energy 92,384 82,367 229,547 246,635  
Electricity | TNMP          
Segment Reporting Information, Profit (Loss) [Abstract]          
Electric operating revenues 91,292 92,646 260,741 257,489  
Cost of energy 21,152 21,381 64,256 64,183  
Electricity | Corporate and Other          
Segment Reporting Information, Profit (Loss) [Abstract]          
Electric operating revenues 0 0 0 0  
Cost of energy $ 0 $ 0 $ 0 $ 0