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Quarterly Operating Results (Unaudited) | 12 Months Ended
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Dec. 31, 2016
Quarterly Financial Data [Abstract] |
Quarterly Operating Results (Unaudited) | Quarterly Operating Results (Unaudited) Unaudited operating results by quarters for 2016 and 2015 are presented below. In the opinion of management of the Company, all adjustments (consisting of normal recurring accruals) necessary for a fair statement of the results of operations for such periods have been included.
| Quarter Ended |
| March 31 |  | June 30 |  | September 30 |  | December 31 |
| (In thousands, except per share amounts) |
PNMR |  |  |  |  |  |  |  |
2016 |  |  |  |  |  |  |  |
Operating revenues | $ | 310,961 |  |  | $ | 315,391 |  |  | $ | 400,374 |  |  | $ | 336,225 |  |
Operating income | 41,508 |  |  | 64,822 |  |  | 108,071 |  |  | 63,584 |  |
Net earnings | 13,965 |  |  | 30,952 |  |  | 58,556 |  |  | 28,423 |  |
Net earnings attributable to PNMR | 10,546 |  |  | 27,076 |  |  | 54,418 |  |  | 24,809 |  |
Net Earnings Attributable to PNMR per Common Share: |  |  |  |  |  |  |  |
Basic | 0.13 |  |  | 0.34 |  |  | 0.68 |  |  | 0.32 |  |
Diluted | 0.13 |  |  | 0.34 |  |  | 0.68 |  |  | 0.31 |  |
2015 |  |  |  |  |  |  |  |
Operating revenues | $ | 332,868 |  |  | $ | 352,887 |  |  | $ | 417,433 |  |  | $ | 335,894 |  |
Operating income (loss) | 49,569 |  |  | 72,414 |  |  | 121,505 |  |  | (119,138 | ) | (1)
Net earnings (loss) | 17,852 |  |  | 35,655 |  |  | 64,855 |  |  | (87,284 | ) |
Net earnings attributable (loss) to PNMR | 14,340 |  |  | 31,673 |  |  | 61,045 |  |  | (91,418 | ) |
Net Earnings (Loss) Attributable to PNMR per Common Share: |  |  |  |  |  |  |  |
Basic | 0.18 |  |  | 0.40 |  |  | 0.77 |  |  | (1.15 | ) |
Diluted | 0.18 |  |  | 0.40 |  |  | 0.76 |  |  | (1.15 | ) |
PNM |  |  |  |  |  |  |  |
2016 |  |  |  |  |  |  |  |
Operating revenues | $ | 235,606 |  |  | $ | 233,346 |  |  | $ | 311,276 |  |  | $ | 255,685 |  |
Operating income | 23,297 |  |  | 41,760 |  |  | 80,057 |  |  | 42,976 |  |
Net earnings | 7,561 |  |  | 19,793 |  |  | 44,990 |  |  | 19,594 |  |
Net earnings attributable to PNM | 4,274 |  |  | 16,049 |  |  | 40,984 |  |  | 16,112 |  |
2015 |  |  |  |  |  |  |  |
Operating revenues | $ | 261,940 |  |  | $ | 275,450 |  |  | $ | 333,437 |  |  | $ | 260,368 |  |
Operating income (loss) | 31,655 |  |  | 47,179 |  |  | 93,710 |  |  | (139,164 | ) |
Net earnings (loss) | 13,502 |  |  | 25,363 |  |  | 53,056 |  |  | (92,245 | ) |
Net earnings (loss) attributable to PNM | 10,122 |  |  | 21,513 |  |  | 49,378 |  |  | (96,247 | ) |
TNMP |  |  |  |  |  |  |  |
2016 |  |  |  |  |  |  |  |
Operating revenues | $ | 75,355 |  |  | $ | 82,045 |  |  | $ | 89,098 |  |  | $ | 80,540 |  |
Operating income | 18,554 |  |  | 23,375 |  |  | 28,359 |  |  | 21,353 |  |
Net earnings | 7,456 |  |  | 10,508 |  |  | 13,853 |  |  | 9,855 |  |
2015 |  |  |  |  |  |  |  |
Operating revenues | $ | 70,928 |  |  | $ | 77,437 |  |  | $ | 83,996 |  |  | $ | 75,526 |  |
Operating income | 17,931 |  |  | 24,729 |  |  | 27,667 |  |  | 19,706 |  |
Net earnings | 7,694 |  |  | 11,865 |  |  | 13,689 |  |  | 8,715 |  |
(1) Includes an expense of $165.7 million related to the BART determination for SJGS discussed in Note 16.

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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=68076893&loc=d3e1570-108306 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=68064558&loc=d3e765-108305 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=68064558&loc=d3e725-108305 + Details
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