XML 72 R44.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Earnings Per Share (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2011
Earnings Per Share [Abstract] |
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] | Information regarding the computation of earnings (loss) per share is as follows:
| Year Ended December 31,
| 2011 |  | 2010 |  | 2009
| (In thousands, except per share amounts)
Earnings (Loss) Attributable to PNMR: |  |  |  |  |
Earnings (loss) from continuing operations | $ | 190,934 |  |  | $ | (31,124 | ) |  | $ | 65,933 |
Earnings from continuing operations attributable to Valencia Non-controlling Interest | (14,047 | ) |  | (13,563 | ) |  | (11,890 | )
Preferred stock dividend requirements of subsidiary | (528 | ) |  | (528 | ) |  | (528 | )
Earnings (loss) from continuing operations attributable to PNMR | 176,359 |  |  | (45,215 | ) |  | 53,515 |
Earnings from discontinued operations | — |  |  | — |  |  | 70,801 |
Net Earnings (Loss) Attributable to PNMR | $ | 176,359 |  |  | $ | (45,215 | ) |  | $ | 124,316 |
Average Number of Common Shares: |  |  |  |  |
Outstanding during year | 85,558 |  |  | 86,673 |  |  | 86,634 |
Equivalents from convertible preferred stock (Note 5) | 3,469 |  |  | 4,778 |  |  | 4,778 |
Vested awards of restricted stock | 174 |  |  | 106 |  |  | 23 |
Average Shares - Basic | 89,201 |  |  | 91,557 |  |  | 91,435 |
Dilutive Effect of Common Stock Equivalents (1): |  |  |  |  |
Stock options and restricted stock | 556 |  |  | — |  |  | 236 |
Average Shares – Diluted | 89,757 |  |  | 91,557 |  |  | 91,671 |
Per Share of Common Stock – Basic: |  |  |  |  |
Earnings (loss) from continuing operations | $ | 1.98 |  |  | $ | (0.49 | ) |  | $ | 0.58 |
Earnings from discontinued operations | — |  |  | — |  |  | 0.78 |
Net Earnings (Loss) | $ | 1.98 |  |  | $ | (0.49 | ) |  | $ | 1.36 |
Per Share of Common Stock – Diluted: |  |  |  |  |
Earnings (loss) from continuing operations | $ | 1.96 |  |  | $ | (0.49 | ) |  | $ | 0.58 |
Earnings from discontinued operations | — |  |  | — |  |  | 0.78 |
Net Earnings (Loss) | $ | 1.96 |  |  | $ | (0.49 | ) |  | $ | 1.36 |
(1) | Excludes out-of-the-money options for 1,591,648 shares of common stock at December 31, 2011. Due to losses in the year ended December 31, 2010, no potentially dilutive securities are reflected in the average number of common shares used to compute earnings (loss) per share since any impact would be anti-dilutive. See Note 13.

X
- Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations. + References No definition available. + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration