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Earnings Per Share (Tables)
9 Months Ended
Sep. 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
 
Nine Months Ended
 
September 30,
 
September 30,
 
2016
 
2015
 
2016
 
2015
 
(In thousands, except per share amounts)
Net Earnings Attributable to PNMR
$
54,418

 
$
61,045

 
$
92,040

 
$
107,058

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

 
79,654

 
79,654

 
79,654

    Vested awards of restricted stock
96

 
100

 
99

 
103

Average Shares – Basic
79,750

 
79,754

 
79,753

 
79,757

Dilutive Effect of Common Stock Equivalents:
 
 
 
 
 
 
 
Stock options and restricted stock
367

 
362

 
377

 
377

Average Shares – Diluted
80,117

 
80,116

 
80,130

 
80,134

Net Earnings Per Share of Common Stock:
 
 
 
 
 
 
 
Basic
$
0.68

 
$
0.77

 
$
1.15

 
$
1.34

Diluted
$
0.68

 
$
0.76

 
$
1.15

 
$
1.34