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v3.2.0.727

Segment Information (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended |
--- | --- | --- | ---
Jun. 30, 2015 | Jun. 30, 2014 | Jun. 30, 2015 | Jun. 30, 2014 | Dec. 31, 2014
Segment Reporting Information, Profit (Loss) [Abstract] |  |  |  |  |
Electric operating revenues | $ 352,887 | $ 346,160 | $ 685,755 | $ 675,057 |
Cost of energy | 114,038 | 109,419 | 229,683 | 222,033 |
Margin | 238,849 | 236,741 | 456,072 | 453,024 |
Other operating expenses | 120,386 | 123,282 | 242,578 | 248,845 |
Depreciation and amortization | 46,049 | 42,163 | 91,510 | 84,130 |
Operating income | 72,414 | 71,296 | 121,984 | 120,049 |
Interest income | 1,941 | 2,040 | 3,691 | 4,158 |
Other income (deductions) | 7,566 | 5,710 | 12,889 | 6,924 |
Net interest charges | (28,913) | (29,972) | (59,186) | (59,506) |
Earnings before Income Taxes | 53,008 | 49,074 | 79,378 | 71,625 |
Income taxes (benefit) | 17,353 | 15,893 | 25,870 | 22,313 |
Net Earnings | 35,655 | 33,181 | 53,508 | 49,312 |
Valencia non-controlling interest | (3,850) | (3,908) | (7,231) | (7,439) |
Subsidiary preferred stock dividends | (132) | (132) | (264) | (264) |
Net Earnings Available for PNM Common Stock | 31,673 | 29,141 | 46,013 | 41,609 |
Total Assets | 5,927,018 | 5,604,192 | 5,927,018 | 5,604,192 | $ 5,829,325
Goodwill | 278,297 | 278,297 | 278,297 | 278,297 | 278,297
Public Service Company of New Mexico [Member] |  |  |  |  |
Segment Reporting Information, Profit (Loss) [Abstract] |  |  |  |  |
Electric operating revenues | 275,450 | 275,704 | 537,390 | 538,441 |
Cost of energy | 95,728 | 92,642 | 193,594 | 189,268 |
Margin | 179,722 | 183,062 | 343,796 | 349,173 |
Other operating expenses | 103,541 | 106,233 | 207,557 | 213,957 |
Depreciation and amortization | 29,002 | 27,023 | 57,405 | 54,105 |
Operating income | 47,179 | 49,806 | 78,834 | 81,111 |
Interest income | 1,946 | 2,065 | 3,717 | 4,193 |
Other income (deductions) | 7,446 | 5,512 | 13,257 | 7,180 |
Net interest charges | (19,681) | (20,023) | (39,640) | (39,835) |
Earnings before Income Taxes | 36,890 | 37,360 | 56,168 | 52,649 |
Income taxes (benefit) | 11,527 | 13,106 | 17,302 | 17,189 |
Net Earnings | 25,363 | 24,254 | 38,866 | 35,460 |
Valencia non-controlling interest | (3,850) | (3,908) | (7,231) | (7,439) |
Subsidiary preferred stock dividends | (132) | (132) | (264) | (264) |
Net Earnings Available for PNM Common Stock | 21,381 | 20,214 | 31,371 | 27,757 |
Total Assets | 4,544,279 | 4,290,529 | 4,544,279 | 4,290,529 | 4,473,652
Goodwill | 51,632 | 51,632 | 51,632 | 51,632 | 51,632
Texas-New Mexico Power Company [Member] |  |  |  |  |
Segment Reporting Information, Profit (Loss) [Abstract] |  |  |  |  |
Electric operating revenues | 77,437 | 70,456 | 148,365 | 136,616 |
Cost of energy | 18,310 | 16,777 | 36,089 | 32,765 |
Margin | 59,127 | 53,679 | 112,276 | 103,851 |
Other operating expenses | 20,807 | 20,411 | 42,567 | 41,481 |
Depreciation and amortization | 13,591 | 12,003 | 27,049 | 23,844 |
Operating income | 24,729 | 21,265 | 42,660 | 38,526 |
Interest income | 0 | 0 | 0 | 0 |
Other income (deductions) | 793 | 514 | 2,084 | 702 |
Net interest charges | (6,856) | (6,655) | (13,781) | (13,252) |
Earnings before Income Taxes | 18,666 | 15,124 | 30,963 | 25,976 |
Income taxes (benefit) | 6,801 | 5,590 | 11,404 | 9,640 |
Net Earnings | 11,865 | 9,534 | 19,559 | 16,336 |
Valencia non-controlling interest | 0 | 0 | 0 | 0 |
Subsidiary preferred stock dividends | 0 | 0 | 0 | 0 |
Net Earnings Available for PNM Common Stock | 11,865 | 9,534 | 19,559 | 16,336 |
Total Assets | 1,268,862 | 1,208,517 | 1,268,862 | 1,208,517 | 1,240,241
Goodwill | 226,665 | 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 | (3,962) | (3,362) | (7,546) | (6,593) |
Depreciation and amortization | 3,456 | 3,137 | 7,056 | 6,181 |
Operating income | 506 | 225 | 490 | 412 |
Interest income | (5) | (25) | (26) | (35) |
Other income (deductions) | (673) | (316) | (2,452) | (958) |
Net interest charges | (2,376) | (3,294) | (5,765) | (6,419) |
Earnings before Income Taxes | (2,548) | (3,410) | (7,753) | (7,000) |
Income taxes (benefit) | (975) | (2,803) | (2,836) | (4,516) |
Net Earnings | (1,573) | (607) | (4,917) | (2,484) |
Valencia non-controlling interest | 0 | 0 | 0 | 0 |
Subsidiary preferred stock dividends | 0 | 0 | 0 | 0 |
Net Earnings Available for PNM Common Stock | (1,573) | (607) | (4,917) | (2,484) |
Total Assets | 113,877 | 105,146 | 113,877 | 105,146 |
Goodwill | $ 0 | $ 0 | $ 0 | $ 0 |

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