Earnings Per Share

3 Months Ended

Mar. 31, 2022

Earnings Per Share [Abstract]

Earnings Per Share

Earnings Per Share

Dual presentation of basic and diluted earnings per share is presented in the Condensed Consolidated Statements of Earnings of PNMR. Information regarding the computation of earnings per share is as follows:

	Three Months Ended
	March 31,
	2022		2021
	(In thousands, except per share amounts)
Net Earnings Attributable to PNMR	$	15,991	$	17,579
Average Number of Common Shares:
Outstanding during period	85,835		85,835
Vested awards of restricted stock	256		196
Average Shares – Basic	86,091		86,031
Dilutive Effect of Common Stock Equivalents:
Restricted stock	80		24
Average Shares – Diluted	86,171		86,055
Net Earnings Per Share of Common Stock:
Basic	$	0.19	$	0.20
Diluted	$	0.19	$	0.20