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v2.4.0.8

Segment Information (Details) (USD $) In Thousands, unless otherwise specified | 3 Months Ended | 6 Months Ended |
--- | --- | --- | ---
Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013 | Dec. 31, 2013
Segment Reporting Information, Profit (Loss) [Abstract] |  |  |  |  |
Electric operating revenues | $ 346,160 | $ 347,599 | $ 675,057 | $ 665,263 |
Cost of energy | 109,419 | 105,659 | 222,033 | 210,365 |
Margin | 236,741 | 241,940 | 453,024 | 454,898 |
Other operating expenses | 123,282 | 122,434 | 248,845 | 243,881 |
Depreciation and amortization | 42,163 | 41,639 | 84,130 | 82,446 |
Operating income | 71,296 | 77,867 | 120,049 | 128,571 |
Interest income | 2,040 | 2,833 | 4,158 | 5,467 |
Other income (deductions) | 5,710 | 1,633 | 6,924 | 1,524 |
Net interest charges | (29,972) | (30,616) | (59,506) | (61,914) |
Earnings before Income Taxes | 49,074 | 51,717 | 71,625 | 73,648 |
Income taxes (benefit) | 15,893 | 20,334 | 22,313 | 28,303 |
Segment earnings (loss) | 33,181 | 31,383 | 49,312 | 45,345 |
Valencia non-controlling interest | (3,908) | (3,573) | (7,439) | (6,777) |
Subsidiary preferred stock dividends | (132) | (132) | (264) | (264) |
Segment earnings (loss) attributable to PNMR | 29,141 | 27,678 | 41,609 | 38,304 |
Total Assets | 5,604,192 | 5,403,906 | 5,604,192 | 5,403,906 | 5,500,210
Goodwill | 278,297 | 278,297 | 278,297 | 278,297 | 278,297
PNM Electric [Member] |  |  |  |  |
Segment Reporting Information, Profit (Loss) [Abstract] |  |  |  |  |
Electric operating revenues | 275,704 | 279,690 | 538,441 | 537,583 |
Cost of energy | 92,642 | 91,855 | 189,268 | 183,514 |
Margin | 183,062 | 187,835 | 349,173 | 354,069 |
Other operating expenses | 106,233 | 103,482 | 213,957 | 206,643 |
Depreciation and amortization | 27,023 | 26,051 | 54,105 | 51,884 |
Operating income | 49,806 | 58,302 | 81,111 | 95,542 |
Interest income | 2,065 | 2,868 | 4,193 | 5,541 |
Other income (deductions) | 5,512 | 3,360 | 7,180 | 4,766 |
Net interest charges | (20,023) | (19,890) | (39,835) | (39,847) |
Earnings before Income Taxes | 37,360 | 44,640 | 52,649 | 66,002 |
Income taxes (benefit) | 13,106 | 14,943 | 17,189 | 21,532 |
Segment earnings (loss) | 24,254 | 29,697 | 35,460 | 44,470 |
Valencia non-controlling interest | (3,908) | (3,573) | (7,439) | (6,777) |
Subsidiary preferred stock dividends | (132) | (132) | (264) | (264) |
Segment earnings (loss) attributable to PNMR | 20,214 | 25,992 | 27,757 | 37,429 |
Total Assets | 4,290,529 | 4,185,189 | 4,290,529 | 4,185,189 |
Goodwill | 51,632 | 51,632 | 51,632 | 51,632 |
TNMP Electric [Member] |  |  |  |  |
Segment Reporting Information, Profit (Loss) [Abstract] |  |  |  |  |
Electric operating revenues | 70,456 | 67,909 | 136,616 | 127,680 |
Cost of energy | 16,777 | 13,804 | 32,765 | 26,851 |
Margin | 53,679 | 54,105 | 103,851 | 100,829 |
Other operating expenses | 20,411 | 22,159 | 41,481 | 44,148 |
Depreciation and amortization | 12,003 | 12,279 | 23,844 | 23,960 |
Operating income | 21,265 | 19,667 | 38,526 | 32,721 |
Interest income | 0 | 0 | 0 | 0 |
Other income (deductions) | 514 | 486 | 702 | 694 |
Net interest charges | (6,655) | (6,759) | (13,252) | (14,005) |
Earnings before Income Taxes | 15,124 | 13,394 | 25,976 | 19,410 |
Income taxes (benefit) | 5,590 | 5,055 | 9,640 | 7,345 |
Segment earnings (loss) | 9,534 | 8,339 | 16,336 | 12,065 |
Valencia non-controlling interest | 0 | 0 | 0 | 0 |
Subsidiary preferred stock dividends | 0 | 0 | 0 | 0 |
Segment earnings (loss) attributable to PNMR | 9,534 | 8,339 | 16,336 | 12,065 |
Total Assets | 1,208,517 | 1,155,928 | 1,208,517 | 1,155,928 |
Goodwill | 226,665 | 226,665 | 226,665 | 226,665 |
Corporate and Other [Member] |  |  |  |  |
Segment Reporting Information, Profit (Loss) [Abstract] |  |  |  |  |
Electric operating revenues | 0 | 0 | 0 | 0 |
Cost of energy | 0 | 0 | 0 | 0 |
Margin | 0 | 0 | 0 | 0 |
Other operating expenses | (3,362) | (3,207) | (6,593) | (6,910) |
Depreciation and amortization | 3,137 | 3,309 | 6,181 | 6,602 |
Operating income | 225 | (102) | 412 | 308 |
Interest income | (25) | (35) | (35) | (74) |
Other income (deductions) | (316) | (2,213) | (958) | (3,936) |
Net interest charges | (3,294) | (3,967) | (6,419) | (8,062) |
Earnings before Income Taxes | (3,410) | (6,317) | (7,000) | (11,764) |
Income taxes (benefit) | (2,803) | 336 | (4,516) | (574) |
Segment earnings (loss) | (607) | (6,653) | (2,484) | (11,190) |
Valencia non-controlling interest | 0 | 0 | 0 | 0 |
Subsidiary preferred stock dividends | 0 | 0 | 0 | 0 |
Segment earnings (loss) attributable to PNMR | (607) | (6,653) | (2,484) | (11,190) |
Total Assets | 105,146 | 62,789 | 105,146 | 62,789 |
Goodwill | $ 0 | $ 0 | $ 0 | $ 0 |

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