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Condensed Consolidated Statements of Earnings - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Electric Operating Revenues $ 330,178 $ 310,961
Operating Expenses:    
Cost of energy 102,804 92,369
Administrative and general 47,532 47,109
Energy production costs 31,787 42,686
Regulatory disallowances and restructuring costs 0 774
Depreciation and amortization 56,383 49,829
Transmission and distribution costs 16,477 16,594
Taxes other than income taxes 19,235 20,092
Total operating expenses 274,218 269,453
Operating income 55,960 41,508
Other Income and Deductions:    
Interest income 4,881 3,622
Gains on available-for-sale securities 6,661 6,218
Other income 4,902 4,264
Other (deductions) (3,483) (2,999)
Net other income and deductions 12,961 11,105
Interest Charges 31,700 31,491
Earnings before Income Taxes 37,221 21,122
Income Taxes 10,775 7,157
Net Earnings 26,446 13,965
(Earnings) Attributable to Valencia Non-controlling Interest (3,452) (3,287)
Preferred Stock Dividend Requirements of Subsidiary (132) (132)
Net Earnings Attributable to PNMR 22,862 10,546
Net Earnings Available for PNM Common Stock $ 22,862 $ 10,546
Net Earnings Attributable to PNMR per Common Share:    
Basic (dollars per share) $ 0.29 $ 0.13
Diluted (dollars per share) 0.29 0.13
Dividends Declared per Common Share (dollars per share) $ 0.2425 $ 0.220
Public Service Company of New Mexico    
Electric Operating Revenues $ 251,558 $ 235,606
Operating Expenses:    
Cost of energy 81,317 72,444
Administrative and general 43,047 42,028
Energy production costs 31,787 42,686
Regulatory disallowances and restructuring costs 0 774
Depreciation and amortization 36,016 31,864
Transmission and distribution costs 9,919 10,316
Taxes other than income taxes 11,141 12,197
Total operating expenses 213,227 212,309
Operating income 38,331 23,297
Other Income and Deductions:    
Interest income 2,816 1,522
Gains on available-for-sale securities 6,661 6,218
Other income 3,843 3,387
Other (deductions) (2,821) (1,662)
Net other income and deductions 10,499 9,465
Interest Charges 21,012 21,591
Earnings before Income Taxes 27,818 11,171
Income Taxes 7,708 3,610
Net Earnings 20,110 7,561
(Earnings) Attributable to Valencia Non-controlling Interest (3,452) (3,287)
Preferred Stock Dividend Requirements of Subsidiary (132) (132)
Net Earnings Attributable to PNMR 16,658 4,274
Net Earnings Available for PNM Common Stock 16,526 4,142
Texas-New Mexico Power Company    
Electric Operating Revenues 78,620 75,355
Operating Expenses:    
Cost of energy 21,487 19,925
Administrative and general 10,403 9,590
Depreciation and amortization 15,371 14,508
Transmission and distribution costs 6,558 6,278
Taxes other than income taxes 6,836 6,500
Total operating expenses 60,655 56,801
Operating income 17,965 18,554
Other Income and Deductions:    
Other income 822 593
Other (deductions) (90) 15
Net other income and deductions 732 608
Interest Charges 7,404 7,369
Earnings before Income Taxes 11,293 11,793
Income Taxes 3,689 4,337
Net Earnings Attributable to PNMR $ 7,604 $ 7,456