XML 62 R36.htm IDEA: XBRL DOCUMENT v2.4.1.9
Segment Information (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Dec. 31, 2014
Segment Reporting Information, Profit (Loss) [Abstract]      
Electric operating revenues $ 332,868us-gaap_ElectricUtilityRevenue $ 328,897us-gaap_ElectricUtilityRevenue  
Cost of energy 115,645us-gaap_CostOfGoodsSoldElectric 112,614us-gaap_CostOfGoodsSoldElectric  
Margin 217,223pnm_GrossMargin 216,283pnm_GrossMargin  
Other operating expenses 122,193pnm_OtherOperatingExpenses 125,565pnm_OtherOperatingExpenses  
Depreciation and amortization 45,461us-gaap_CostOfServicesDepreciationAndAmortization 41,965us-gaap_CostOfServicesDepreciationAndAmortization  
Operating income 49,569us-gaap_OperatingIncomeLoss 48,753us-gaap_OperatingIncomeLoss  
Interest income 1,750us-gaap_InvestmentIncomeInterest 2,117us-gaap_InvestmentIncomeInterest  
Other income (deductions) 5,323pnm_OtherIncomeDeductionsExcludingInterest 1,216pnm_OtherIncomeDeductionsExcludingInterest  
Net interest charges (30,273)us-gaap_InterestExpense (29,535)us-gaap_InterestExpense  
Earnings before Income Taxes 26,369us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 22,551us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest  
Income taxes (benefit) 8,517us-gaap_IncomeTaxExpenseBenefit 6,420us-gaap_IncomeTaxExpenseBenefit  
Segment earnings (loss) 17,852us-gaap_ProfitLoss 16,131us-gaap_ProfitLoss  
Valencia non-controlling interest (3,380)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (3,531)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest  
Subsidiary preferred stock dividends (132)us-gaap_DividendsPreferredStock (132)us-gaap_DividendsPreferredStock  
Net Earnings Available for PNM Common Stock 14,340us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 12,468us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic  
Total Assets 5,939,339us-gaap_Assets 5,507,026us-gaap_Assets 5,829,325us-gaap_Assets
Goodwill 278,297us-gaap_Goodwill 278,297us-gaap_Goodwill 278,297us-gaap_Goodwill
Public Service Company of New Mexico [Member]      
Segment Reporting Information, Profit (Loss) [Abstract]      
Electric operating revenues 261,940us-gaap_ElectricUtilityRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_PublicServiceCompanyOfNewMexicoMember
262,736us-gaap_ElectricUtilityRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_PublicServiceCompanyOfNewMexicoMember
 
Cost of energy 97,866us-gaap_CostOfGoodsSoldElectric
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_PublicServiceCompanyOfNewMexicoMember
96,626us-gaap_CostOfGoodsSoldElectric
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_PublicServiceCompanyOfNewMexicoMember
 
Margin 164,074pnm_GrossMargin
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_PublicServiceCompanyOfNewMexicoMember
166,110pnm_GrossMargin
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_PublicServiceCompanyOfNewMexicoMember
 
Other operating expenses 104,016pnm_OtherOperatingExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_PublicServiceCompanyOfNewMexicoMember
107,724pnm_OtherOperatingExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_PublicServiceCompanyOfNewMexicoMember
 
Depreciation and amortization 28,403us-gaap_CostOfServicesDepreciationAndAmortization
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_PublicServiceCompanyOfNewMexicoMember
27,082us-gaap_CostOfServicesDepreciationAndAmortization
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_PublicServiceCompanyOfNewMexicoMember
 
Operating income 31,655us-gaap_OperatingIncomeLoss
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_PublicServiceCompanyOfNewMexicoMember
31,304us-gaap_OperatingIncomeLoss
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_PublicServiceCompanyOfNewMexicoMember
 
Interest income 1,771us-gaap_InvestmentIncomeInterest
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_PublicServiceCompanyOfNewMexicoMember
2,128us-gaap_InvestmentIncomeInterest
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_PublicServiceCompanyOfNewMexicoMember
 
Other income (deductions) 5,810pnm_OtherIncomeDeductionsExcludingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_PublicServiceCompanyOfNewMexicoMember
1,668pnm_OtherIncomeDeductionsExcludingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_PublicServiceCompanyOfNewMexicoMember
 
Net interest charges (19,959)us-gaap_InterestExpense
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_PublicServiceCompanyOfNewMexicoMember
(19,812)us-gaap_InterestExpense
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_PublicServiceCompanyOfNewMexicoMember
 
Earnings before Income Taxes 19,277us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_PublicServiceCompanyOfNewMexicoMember
15,288us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_PublicServiceCompanyOfNewMexicoMember
 
Income taxes (benefit) 5,775us-gaap_IncomeTaxExpenseBenefit
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_PublicServiceCompanyOfNewMexicoMember
4,083us-gaap_IncomeTaxExpenseBenefit
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_PublicServiceCompanyOfNewMexicoMember
 
Segment earnings (loss) 13,502us-gaap_ProfitLoss
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_PublicServiceCompanyOfNewMexicoMember
11,205us-gaap_ProfitLoss
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_PublicServiceCompanyOfNewMexicoMember
 
Valencia non-controlling interest (3,380)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_PublicServiceCompanyOfNewMexicoMember
(3,531)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_PublicServiceCompanyOfNewMexicoMember
 
Subsidiary preferred stock dividends (132)us-gaap_DividendsPreferredStock
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_PublicServiceCompanyOfNewMexicoMember
(132)us-gaap_DividendsPreferredStock
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_PublicServiceCompanyOfNewMexicoMember
 
Net Earnings Available for PNM Common Stock 9,990us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_PublicServiceCompanyOfNewMexicoMember
7,542us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_PublicServiceCompanyOfNewMexicoMember
 
Total Assets 4,464,487us-gaap_Assets
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_PublicServiceCompanyOfNewMexicoMember
4,219,635us-gaap_Assets
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_PublicServiceCompanyOfNewMexicoMember
4,473,652us-gaap_Assets
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_PublicServiceCompanyOfNewMexicoMember
Goodwill 51,632us-gaap_Goodwill
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_PublicServiceCompanyOfNewMexicoMember
51,632us-gaap_Goodwill
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_PublicServiceCompanyOfNewMexicoMember
51,632us-gaap_Goodwill
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_PublicServiceCompanyOfNewMexicoMember
Texas-New Mexico Power Company [Member]      
Segment Reporting Information, Profit (Loss) [Abstract]      
Electric operating revenues 70,928us-gaap_ElectricUtilityRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_TexasNewMexicoPowerCompanyMember
66,161us-gaap_ElectricUtilityRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_TexasNewMexicoPowerCompanyMember
 
Cost of energy 17,779us-gaap_CostOfGoodsSoldElectric
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_TexasNewMexicoPowerCompanyMember
15,988us-gaap_CostOfGoodsSoldElectric
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_TexasNewMexicoPowerCompanyMember
 
Margin 53,149pnm_GrossMargin
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_TexasNewMexicoPowerCompanyMember
50,173pnm_GrossMargin
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_TexasNewMexicoPowerCompanyMember
 
Other operating expenses 21,760pnm_OtherOperatingExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_TexasNewMexicoPowerCompanyMember
21,069pnm_OtherOperatingExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_TexasNewMexicoPowerCompanyMember
 
Depreciation and amortization 13,458us-gaap_CostOfServicesDepreciationAndAmortization
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_TexasNewMexicoPowerCompanyMember
11,842us-gaap_CostOfServicesDepreciationAndAmortization
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_TexasNewMexicoPowerCompanyMember
 
Operating income 17,931us-gaap_OperatingIncomeLoss
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_TexasNewMexicoPowerCompanyMember
17,262us-gaap_OperatingIncomeLoss
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_TexasNewMexicoPowerCompanyMember
 
Interest income 0us-gaap_InvestmentIncomeInterest
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_TexasNewMexicoPowerCompanyMember
0us-gaap_InvestmentIncomeInterest
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_TexasNewMexicoPowerCompanyMember
 
Other income (deductions) 1,291pnm_OtherIncomeDeductionsExcludingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_TexasNewMexicoPowerCompanyMember
189pnm_OtherIncomeDeductionsExcludingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_TexasNewMexicoPowerCompanyMember
 
Net interest charges (6,925)us-gaap_InterestExpense
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_TexasNewMexicoPowerCompanyMember
(6,598)us-gaap_InterestExpense
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_TexasNewMexicoPowerCompanyMember
 
Earnings before Income Taxes 12,297us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_TexasNewMexicoPowerCompanyMember
10,853us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_TexasNewMexicoPowerCompanyMember
 
Income taxes (benefit) 4,603us-gaap_IncomeTaxExpenseBenefit
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_TexasNewMexicoPowerCompanyMember
4,050us-gaap_IncomeTaxExpenseBenefit
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_TexasNewMexicoPowerCompanyMember
 
Segment earnings (loss) 7,694us-gaap_ProfitLoss
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_TexasNewMexicoPowerCompanyMember
6,803us-gaap_ProfitLoss
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_TexasNewMexicoPowerCompanyMember
 
Valencia non-controlling interest 0us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_TexasNewMexicoPowerCompanyMember
0us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_TexasNewMexicoPowerCompanyMember
 
Subsidiary preferred stock dividends 0us-gaap_DividendsPreferredStock
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_TexasNewMexicoPowerCompanyMember
0us-gaap_DividendsPreferredStock
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_TexasNewMexicoPowerCompanyMember
 
Net Earnings Available for PNM Common Stock 7,694us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_TexasNewMexicoPowerCompanyMember
6,803us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_TexasNewMexicoPowerCompanyMember
 
Total Assets 1,243,410us-gaap_Assets
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_TexasNewMexicoPowerCompanyMember
1,173,028us-gaap_Assets
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_TexasNewMexicoPowerCompanyMember
1,240,241us-gaap_Assets
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_TexasNewMexicoPowerCompanyMember
Goodwill 226,665us-gaap_Goodwill
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_TexasNewMexicoPowerCompanyMember
226,665us-gaap_Goodwill
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_TexasNewMexicoPowerCompanyMember
226,665us-gaap_Goodwill
/ us-gaap_StatementBusinessSegmentsAxis
= pnm_TexasNewMexicoPowerCompanyMember
Corporate and Other [Member]      
Segment Reporting Information, Profit (Loss) [Abstract]      
Electric operating revenues 0us-gaap_ElectricUtilityRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CorporateAndOtherMember
0us-gaap_ElectricUtilityRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CorporateAndOtherMember
 
Cost of energy 0us-gaap_CostOfGoodsSoldElectric
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CorporateAndOtherMember
0us-gaap_CostOfGoodsSoldElectric
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CorporateAndOtherMember
 
Margin 0pnm_GrossMargin
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CorporateAndOtherMember
0pnm_GrossMargin
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CorporateAndOtherMember
 
Other operating expenses (3,583)pnm_OtherOperatingExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CorporateAndOtherMember
(3,228)pnm_OtherOperatingExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CorporateAndOtherMember
 
Depreciation and amortization 3,600us-gaap_CostOfServicesDepreciationAndAmortization
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CorporateAndOtherMember
3,041us-gaap_CostOfServicesDepreciationAndAmortization
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CorporateAndOtherMember
 
Operating income (17)us-gaap_OperatingIncomeLoss
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CorporateAndOtherMember
187us-gaap_OperatingIncomeLoss
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CorporateAndOtherMember
 
Interest income (21)us-gaap_InvestmentIncomeInterest
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CorporateAndOtherMember
(11)us-gaap_InvestmentIncomeInterest
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CorporateAndOtherMember
 
Other income (deductions) (1,778)pnm_OtherIncomeDeductionsExcludingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CorporateAndOtherMember
(641)pnm_OtherIncomeDeductionsExcludingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CorporateAndOtherMember
 
Net interest charges (3,389)us-gaap_InterestExpense
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CorporateAndOtherMember
(3,125)us-gaap_InterestExpense
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CorporateAndOtherMember
 
Earnings before Income Taxes (5,205)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CorporateAndOtherMember
(3,590)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CorporateAndOtherMember
 
Income taxes (benefit) (1,861)us-gaap_IncomeTaxExpenseBenefit
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CorporateAndOtherMember
(1,713)us-gaap_IncomeTaxExpenseBenefit
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CorporateAndOtherMember
 
Segment earnings (loss) (3,344)us-gaap_ProfitLoss
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CorporateAndOtherMember
(1,877)us-gaap_ProfitLoss
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CorporateAndOtherMember
 
Valencia non-controlling interest 0us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CorporateAndOtherMember
0us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CorporateAndOtherMember
 
Subsidiary preferred stock dividends 0us-gaap_DividendsPreferredStock
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CorporateAndOtherMember
0us-gaap_DividendsPreferredStock
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CorporateAndOtherMember
 
Net Earnings Available for PNM Common Stock (3,344)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CorporateAndOtherMember
(1,877)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CorporateAndOtherMember
 
Total Assets 231,442us-gaap_Assets
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CorporateAndOtherMember
114,363us-gaap_Assets
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CorporateAndOtherMember
 
Goodwill $ 0us-gaap_Goodwill
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CorporateAndOtherMember
$ 0us-gaap_Goodwill
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CorporateAndOtherMember