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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2017
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,
 
2017
 
2016
 
2017
 
2016
 
(In thousands, except per share amounts)
Net Earnings Attributable to PNMR
$
37,555

 
$
27,076

 
$
60,417

 
$
37,622

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

 
79,654

 
79,654

 
79,654

    Vested awards of restricted stock
251

 
97

 
181

 
101

Average Shares – Basic
79,905

 
79,751

 
79,835

 
79,755

Dilutive Effect of Common Stock Equivalents:
 
 
 
 
 
 
 
Stock options and restricted stock
226

 
357

 
286

 
381

Average Shares – Diluted
80,131

 
80,108

 
80,121

 
80,136

Net Earnings Per Share of Common Stock:
 
 
 
 
 
 
 
Basic
$
0.47

 
$
0.34

 
$
0.76

 
$
0.47

Diluted
$
0.47

 
$
0.34

 
$
0.75

 
$
0.47