Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2022

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,
	2022		2021		2022		2021
	(In thousands, except per share amounts)
Net Earnings Attributable to PNMR	$	122,433	$	113,321	$	153,785	$	184,609
Average Number of Common Shares:
Outstanding during period	85,835		85,835		85,835		85,835
Vested awards of restricted stock	266		237		291		230
Average Shares – Basic	86,101		86,072		86,126		86,065
Dilutive Effect of Common Stock Equivalents:
Restricted stock	35		41		52		41
Average Shares – Diluted	86,136		86,113		86,178		86,106
Net Earnings Per Share of Common Stock:
Basic	$	1.42	$	1.32	$	1.79	$	2.14
Diluted	$	1.42	$	1.32	$	1.78	$	2.14