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Earnings Per Share (Tables)
 6 Months Ended
Jun. 30, 2015
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
Information regarding the computation of earnings per share is as follows:
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2015
 
2014
 
2015
 
2014
 
(In thousands, except per share amounts)
Net Earnings Attributable to PNMR
$
31,673

 
$
29,141

 
$
46,013

 
$
41,609

Average Number of Common Shares:
 
 
 
 
 
 
 
Outstanding during period
79,654

 
79,654

 
79,654

 
79,654

    Vested awards of restricted stock
99

 
110

 
105

 
146

Average Shares – Basic
79,753

 
79,764

 
79,759

 
79,800

Dilutive Effect of Common Stock Equivalents (1):
 
 
 
 
 
 
 
Stock options and restricted stock
380

 
464

 
384

 
508

Average Shares – Diluted
80,133

 
80,228

 
80,143

 
80,308

Net Earnings Per Share of Common Stock:
 
 
 
 
 
 
 
Basic
$
0.40

 
$
0.37

 
$
0.58

 
$
0.52

Diluted
$
0.40

 
$
0.36

 
$
0.57

 
$
0.52


(1) 
Excludes the effect of out-of-the-money options for 245,950 shares of common stock at June 30, 2015.