XML 79 R48.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Quarterly Operating Results (Unaudited) (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2017
Quarterly Financial Data [Abstract] |
Schedule of Quarterly Financial Information | Unaudited operating results by quarters for 2017 and 2016 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 | (1)
| (In thousands, except per share amounts) |
PNMR |  |  |  |  |  |  |  |
2017 |  |  |  |  |  |  |  |
Operating revenues | $ | 330,178 |  |  | $ | 362,320 |  |  | $ | 419,900 |  |  | $ | 332,605 |  |
Operating income | 55,960 |  |  | 85,105 |  |  | 142,484 |  |  | 22,936 |  |
Net earnings (loss) | 26,446 |  |  | 41,231 |  |  | 78,327 |  |  | (50,585 | ) |
Net earnings (loss) attributable to PNMR | 22,862 |  |  | 37,555 |  |  | 73,739 |  |  | (54,282 | ) |
Net earnings (loss) attributable to PNMR per common share: |  |  |  |  |  |  |  |
Basic | 0.29 |  |  | 0.47 |  |  | 0.92 |  |  | (0.68 | ) |
Diluted | 0.29 |  |  | 0.47 |  |  | 0.92 |  |  | (0.68 | ) |
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 |  |
PNM |  |  |  |  |  |  |  |
2017 |  |  |  |  |  |  |  |
Operating revenues | $ | 251,558 |  |  | $ | 276,097 |  |  | $ | 327,254 |  |  | $ | 249,321 |  |
Operating income | 38,331 |  |  | 59,164 |  |  | 113,252 |  |  | 1,778 |  |
Net earnings (loss) | 20,110 |  |  | 30,476 |  |  | 65,283 |  |  | (28,456 | ) |
Net earnings (loss) attributable to PNM | 16,658 |  |  | 26,932 |  |  | 60,827 |  |  | (32,021 | ) |
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 |  |
TNMP |  |  |  |  |  |  |  |
2017 |  |  |  |  |  |  |  |
Operating revenues | $ | 78,620 |  |  | $ | 86,223 |  |  | $ | 92,646 |  |  | $ | 83,284 |  |
Operating income | 17,965 |  |  | 26,286 |  |  | 29,474 |  |  | 19,879 |  |
Net earnings | 7,604 |  |  | 12,204 |  |  | 14,727 |  |  | 1,024 |  |
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 |  |
(1) Reflects the impacts of changes in federal income tax rate of $57.5 million, $29.6 million, and $7.9 million for PNMR, PNM, and TNMP (Note 11); also reflects a pre-tax regulatory disallowance resulting from PNM’s NM 2016 Rate Case of $27.9 million for PNMR and PNM (Note 17).

X
- References No definition available. + Details
Name: | us-gaap_QuarterlyFinancialDataAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=84173487&loc=d3e1280-108306 + Details
Name: | us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration