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Earnings Per Share (Tables)
 9 Months Ended
Sep. 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
 
Nine Months Ended
 
September 30,
 
September 30,
 
2015
 
2014
 
2015
 
2014
 
(In thousands, except per share amounts)
Net Earnings Attributable to PNMR
$
61,045

 
$
55,653

 
$
107,058

 
$
97,262

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

 
79,654

 
79,654

 
79,654

    Vested awards of restricted stock
100

 
112

 
103

 
134

Average Shares – Basic
79,754

 
79,766

 
79,757

 
79,788

Dilutive Effect of Common Stock Equivalents (1):
 
 
 
 
 
 
 
Stock options and restricted stock
362

 
457

 
377

 
491

Average Shares – Diluted
80,116

 
80,223

 
80,134

 
80,279

Net Earnings Per Share of Common Stock:
 
 
 
 
 
 
 
Basic
$
0.77

 
$
0.70

 
$
1.34

 
$
1.22

Diluted
$
0.76

 
$
0.69

 
$
1.34

 
$
1.21


(1) 
Excludes the effect of out-of-the-money options for 244,900 shares of common stock at September 30, 2015.