XML 25 R8.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Statements of Changes in Equity - USD ($)
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, 2018 $ 1,752,594,000 $ 1,688,382,000 $ 1,153,113,000 $ (108,684,000) $ 643,953,000 $ 64,212,000 $ 1,461,571,000 $ 1,397,359,000 $ 1,264,918,000 $ (110,422,000) $ 242,863,000 $ 64,212,000        
Beginning balance TNMP at Dec. 31, 2018                         $ 674,093,000 $ 64,000 $ 534,166,000 $ 139,863,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Net earnings before subsidiary preferred stock dividends (50,622,000) (56,950,000)     (56,950,000) 6,328,000 (61,340,000) (67,668,000)     (67,668,000) 6,328,000        
Net earnings             (67,668,000)           19,365,000     19,365,000
Total other comprehensive income 8,502,000 8,502,000   8,502,000     10,474,000 10,474,000   10,474,000            
Subsidiary preferred stock dividends (264,000) (264,000)     (264,000)                      
Dividends declared on preferred stock             (264,000) (264,000)     (264,000)          
Dividends declared on common stock (23,099,000) (23,099,000)     (23,099,000)   0           (14,811,000)     (14,811,000)
Proceeds from stock option exercise 943,000 943,000 943,000                          
Awards of common stock (9,892,000) (9,892,000) (9,892,000)                          
Stock based compensation expense 4,526,000 4,526,000 4,526,000                          
Valencia’s transactions with its owner (7,948,000)         (7,948,000) (7,948,000)         (7,948,000)        
Ending balance at Jun. 30, 2019 1,674,740,000 1,612,148,000 1,148,690,000 (100,182,000) 563,640,000 62,592,000 1,402,493,000 1,339,901,000 1,264,918,000 (99,948,000) 174,931,000 62,592,000        
Ending balance TNMP at Jun. 30, 2019                         678,647,000 64,000 534,166,000 144,417,000
Beginning balance at Mar. 31, 2019 1,747,458,000 1,684,679,000 1,148,364,000 (103,239,000) 639,554,000 62,779,000 1,485,307,000 1,422,528,000 1,264,918,000 (104,265,000) 261,875,000 62,779,000        
Beginning balance TNMP at Mar. 31, 2019                         667,478,000 64,000 534,166,000 133,248,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Net earnings before subsidiary preferred stock dividends (72,283,000) (75,782,000)     (75,782,000) 3,499,000 (83,313,000) (86,812,000)     (86,812,000) 3,499,000        
Net earnings             (86,812,000)           15,267,000     15,267,000
Total other comprehensive income 3,057,000 3,057,000   3,057,000     4,317,000 4,317,000   4,317,000            
Subsidiary preferred stock dividends (132,000)                              
Dividends declared on preferred stock             (132,000) (132,000)     (132,000)          
Dividends declared on common stock (132,000) (132,000)     (132,000)   0           (4,098,000)     (4,098,000)
Proceeds from stock option exercise 13,000 13,000 13,000                          
Awards of common stock (956,000) (956,000) (956,000)                          
Stock based compensation expense 1,269,000 1,269,000 1,269,000                          
Valencia’s transactions with its owner (3,686,000)         (3,686,000) (3,686,000)         (3,686,000)        
Ending balance at Jun. 30, 2019 1,674,740,000 1,612,148,000 1,148,690,000 (100,182,000) 563,640,000 62,592,000 1,402,493,000 1,339,901,000 1,264,918,000 (99,948,000) 174,931,000 62,592,000        
Ending balance TNMP at Jun. 30, 2019                         678,647,000 64,000 534,166,000 144,417,000
Beginning balance at Dec. 31, 2019 1,741,750,000 1,678,698,000 1,150,552,000 (99,377,000) 627,523,000 63,052,000 1,512,431,000 1,449,379,000 1,264,918,000 (99,055,000) 283,516,000 63,052,000        
Beginning balance TNMP at Dec. 31, 2019 1,678,698,000           1,449,379,000           754,627,000 64,000 614,166,000 140,397,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Net earnings before subsidiary preferred stock dividends 50,162,000 42,493,000     42,493,000 7,669,000 37,416,000 29,747,000     29,747,000 7,669,000        
Net earnings             29,747,000           23,266,000     23,266,000
Total other comprehensive income 6,796,000 6,796,000   6,796,000     8,063,000 8,063,000   8,063,000            
Subsidiary preferred stock dividends (264,000) (264,000)     (264,000)                      
Dividends declared on preferred stock             (264,000) (264,000)     (264,000)          
Dividends declared on common stock (24,493,000) (24,493,000)     (24,493,000)   (40,654,000) (40,654,000)     (40,654,000)   (18,439,000)     (18,439,000)
Proceeds from stock option exercise 24,000 24,000 24,000                          
Awards of common stock (11,984,000) (11,984,000) (11,984,000)                          
Stock based compensation expense 5,230,000 5,230,000 5,230,000                          
Valencia’s transactions with its owner (10,794,000)         (10,794,000) (10,794,000)         (10,794,000)        
Ending balance at Jun. 30, 2020 1,756,427,000 1,696,500,000 1,143,822,000 (92,581,000) 645,259,000 59,927,000 1,506,198,000 1,446,271,000 1,264,918,000 (90,992,000) 272,345,000 59,927,000        
Ending balance TNMP at Jun. 30, 2020 1,696,500,000           1,446,271,000           759,454,000 64,000 614,166,000 145,224,000
Beginning balance at Mar. 31, 2020 1,687,569,000 1,627,222,000 1,142,879,000 (103,427,000) 587,770,000 60,347,000 1,450,484,000 1,390,137,000 1,264,918,000 (101,586,000) 226,805,000 60,347,000        
Beginning balance TNMP at Mar. 31, 2020                         750,372,000 64,000 614,166,000 136,142,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Net earnings before subsidiary preferred stock dividends 61,561,000 57,621,000     57,621,000 3,940,000 49,612,000 45,672,000     45,672,000 3,940,000        
Net earnings             45,672,000           16,174,000     16,174,000
Total other comprehensive income 10,846,000 10,846,000   10,846,000     10,594,000 10,594,000   10,594,000            
Subsidiary preferred stock dividends (132,000) (132,000)     (132,000)                      
Dividends declared on preferred stock             (132,000) (132,000)     (132,000)          
Dividends declared on common stock             (40,700,000)           (7,092,000)     (7,092,000)
Awards of common stock (486,000) (486,000) (486,000)                          
Stock based compensation expense 1,429,000 1,429,000 1,429,000                          
Valencia’s transactions with its owner (4,360,000)         (4,360,000) (4,360,000)         (4,360,000)        
Ending balance at Jun. 30, 2020 1,756,427,000 $ 1,696,500,000 $ 1,143,822,000 $ (92,581,000) $ 645,259,000 $ 59,927,000 1,506,198,000 $ 1,446,271,000 $ 1,264,918,000 $ (90,992,000) $ 272,345,000 $ 59,927,000        
Ending balance TNMP at Jun. 30, 2020 $ 1,696,500,000           $ 1,446,271,000           $ 759,454,000 $ 64,000 $ 614,166,000 $ 145,224,000