XML 26 R3.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Net Earnings $ 41,231 $ 30,952 $ 67,677 $ 44,917
Unrealized Gains on Available-for-Sale Securities:        
Unrealized holding gains (losses) arising during the period, net of income tax (expense) benefit 4,378 (4,362) 9,120 (1,034)
Reclassification adjustment for (gains) losses included in net earnings, net of income tax expense (benefit) (2,569) 3,757 (4,260) (3,079)
Pension Liability Adjustment:        
Reclassification adjustment for amortization of experience losses recognized as net periodic benefit cost, net of income tax expense (benefit) 987 839 1,974 1,678
Fair Value Adjustment for Cash Flow Hedges:        
Change in fair market value, net of income tax (expense) benefit of $40, $178, $112 and $681 (63) (279) (176) (1,065)
Reclassification adjustment for (gains) losses included in net earnings, net of income tax expense (benefit) of $(82), $(88), $(125) and $(145) 130 137 198 226
Total Other Comprehensive Income (Loss) 2,863 92 6,856 (3,274)
Comprehensive Income 44,094 31,044 74,533 41,643
Comprehensive (Income) Attributable to Valencia Non-controlling Interest (3,544) (3,744) (6,996) (7,031)
Preferred Stock Dividend Requirements of Subsidiary (132) (132) (264) (264)
Comprehensive Income Attributable to PNMR 40,418 27,168 67,273 34,348
PNM        
Net Earnings 30,476 19,793 50,587 27,352
Unrealized Gains on Available-for-Sale Securities:        
Unrealized holding gains (losses) arising during the period, net of income tax (expense) benefit 4,378 (4,362) 9,120 (1,034)
Reclassification adjustment for (gains) losses included in net earnings, net of income tax expense (benefit) (2,569) 3,757 (4,260) (3,079)
Pension Liability Adjustment:        
Reclassification adjustment for amortization of experience losses recognized as net periodic benefit cost, net of income tax expense (benefit) 987 839 1,974 1,678
Fair Value Adjustment for Cash Flow Hedges:        
Total Other Comprehensive Income (Loss) 2,796 234 6,834 (2,435)
Comprehensive Income 33,272 20,027 57,421 24,917
Comprehensive (Income) Attributable to Valencia Non-controlling Interest (3,544) (3,744) (6,996) (7,031)
Comprehensive Income Attributable to PNMR $ 29,728 $ 16,283 $ 50,425 $ 17,886