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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2016
Earnings Per Share [Abstract]  
Computation of Earnings Per Share
Information regarding the computation of earnings per share is as follows:
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2016
 
2015
 
2016
 
2015
 
(In thousands, except per share amounts)
Net Earnings Attributable to PNMR
$
27,076

 
$
31,673

 
$
37,622

 
$
46,013

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

 
79,654

 
79,654

 
79,654

    Vested awards of restricted stock
97

 
99

 
101

 
105

Average Shares – Basic
79,751

 
79,753

 
79,755

 
79,759

Dilutive Effect of Common Stock Equivalents:
 
 
 
 
 
 
 
Stock options and restricted stock
357

 
380

 
381

 
384

Average Shares – Diluted
80,108

 
80,133

 
80,136

 
80,143

Net Earnings Per Share of Common Stock:
 
 
 
 
 
 
 
Basic
$
0.34

 
$
0.40

 
$
0.47

 
$
0.58

Diluted
$
0.34

 
$
0.40

 
$
0.47

 
$
0.57