Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2020

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,
	2020		2019		2020		2019
	(In thousands, except per share amounts)
Net Earnings Attributable to PNMR	$	121,768	$	102,771	$	163,997	$	45,557
Average Number of Common Shares:
Outstanding during period	79,654		79,654		79,654		79,654
Vested awards of restricted stock	213		294		205		265
Average Shares – Basic	79,867		79,948		79,859		79,919
Dilutive Effect of Common Stock Equivalents:
PNMR 2020 Forward Equity Sale Agreements	—		—		57		—
Restricted stock	39		53		38		61
Average Shares – Diluted	79,906		80,001		79,954		79,980
Net Earnings Per Share of Common Stock:
Basic	$	1.52	$	1.29	$	2.05	$	0.57
Diluted	$	1.52	$	1.28	$	2.05	$	0.57