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Condensed Consolidated Statements of Earnings (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Electric Operating Revenues        
Affiliate   $ 0   $ 0
Electric Operating Revenues 390,411 549,498 1,019,646 1,352,747
Operating Expenses:        
Cost of energy 110,777 250,854 297,342 582,814
Administrative and general 45,283 69,755 135,371 197,016
Energy production costs 40,365 39,730 131,546 135,510
Regulatory disallowances 0 0 0 21,402
Depreciation and amortization 42,820 42,370 122,289 119,115
Transmission and distribution costs 17,082 17,925 50,896 52,962
Taxes other than income taxes 15,934 20,580 45,218 50,564
Total operating expenses 272,261 441,214 782,662 1,159,383
Operating income 118,150 108,284 236,984 193,364
Other Income and Deductions:        
Interest income 3,130 3,748 9,808 12,010
Gains on investments held by NDT 5,716 (4,109) 9,376 7,688
Other income 2,484 1,755 6,991 3,559
Other deductions (3,451) (4,685) (10,719) (11,638)
Net other income (deductions) 7,879 (3,291) 15,456 11,619
Interest Charges 30,515 31,124 90,280 92,251
Earnings before Income Taxes 95,514 73,869 162,160 112,732
Income Taxes 33,538 25,964 54,609 37,206
Net Earnings 61,976 47,905 107,551 75,526
(Earnings) Attributable to Valencia Non-controlling Interest (3,980) (4,111) (10,699) (10,764)
Preferred Stock Dividend Requirements of Subsidiary (132) (132) (396) (396)
Net Earnings Attributable to PNMR 57,864 43,662 96,456 64,366
Net Earnings Attributable to PNMR per Common Share:        
Basic (dollars per share) $ 0.73 $ 0.48 $ 1.21 $ 0.70
Diluted (dollars per share) $ 0.72 $ 0.48 $ 1.20 $ 0.70
Dividends Declared per Common Share (dollars per share) $ 0.145 $ 0.125 $ 0.435 $ 0.375
Public Service Company of New Mexico [Member]
       
Electric Operating Revenues        
Electric Operating Revenues 321,731 323,760 832,242 797,232
Operating Expenses:        
Cost of energy 99,217 108,708 263,009 279,419
Administrative and general 41,150 37,916 120,857 110,833
Energy production costs 40,365 39,730 131,546 135,510
Regulatory disallowances 0 0 0 17,479
Depreciation and amortization 24,437 25,058 72,017 71,691
Transmission and distribution costs 11,172 11,848 33,679 35,357
Taxes other than income taxes 8,417 12,586 25,386 30,323
Total operating expenses 224,758 235,846 646,494 680,612
Operating income 96,973 87,914 185,748 116,620
Other Income and Deductions:        
Interest income 3,173 3,770 9,938 12,052
Gains on investments held by NDT 5,716 (4,109) 9,376 7,688
Other income 1,176 1,179 4,378 1,921
Other deductions (1,682) (2,643) (4,553) (5,480)
Net other income (deductions) 8,383 (1,803) 19,139 16,181
Interest Charges 19,230 18,487 56,652 54,593
Earnings before Income Taxes 86,126 67,624 148,235 78,208
Income Taxes 31,235 25,052 51,929 26,574
Net Earnings 54,891 42,572 96,306 51,634
(Earnings) Attributable to Valencia Non-controlling Interest (3,980) (4,111) (10,699) (10,764)
Net Earnings Attributable to PNMR 50,911 38,461 85,607 40,870
Preferred Stock Dividends Requirements (132) (132) (396) (396)
Net Earnings Available for PNM Common Stock 50,779 38,329 85,211 40,474
Texas-New Mexico Power Company [Member]
       
Electric Operating Revenues        
Non-affiliates 68,680 54,787 187,404 150,175
Affiliate 0 12,196 0 30,608
Total electric operating revenues 68,680 66,983 187,404 180,783
Operating Expenses:        
Cost of energy 11,560 10,307 34,333 30,719
Administrative and general 10,130 9,998 30,700 29,798
Regulatory disallowances 0 0 0 3,923
Depreciation and amortization 13,819 12,674 37,173 33,662
Transmission and distribution costs 5,910 6,072 17,217 17,597
Taxes other than income taxes 6,291 6,381 16,322 16,113
Total operating expenses 47,710 45,432 135,745 131,812
Operating income 20,970 21,551 51,659 48,971
Other Income and Deductions:        
Interest income 0 1 1 1
Other income 771 418 1,708 1,068
Other deductions (405) (105) (464) (181)
Net other income (deductions) 366 314 1,245 888
Interest Charges 7,047 7,276 21,214 21,880
Earnings before Income Taxes 14,289 14,589 31,690 27,979
Income Taxes 5,205 5,721 11,577 10,845
Net Earnings Attributable to PNMR $ 9,084 $ 8,868 $ 20,113 $ 17,134