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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2018
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,
 
2018
 
2017
 
2018
 
2017
 
(In thousands, except per share amounts)
Net Earnings Attributable to PNMR
$
38,208

 
$
37,555

 
$
53,198

 
$
60,417

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

 
79,654

 
79,654

 
79,654

    Vested awards of restricted stock
211

 
251

 
208

 
181

Average Shares – Basic
79,865

 
79,905

 
79,862

 
79,835

Dilutive Effect of Common Stock Equivalents:
 
 
 
 
 
 
 
Stock options and restricted stock
114

 
226

 
134

 
286

Average Shares – Diluted
79,979

 
80,131

 
79,996

 
80,121

Net Earnings Per Share of Common Stock:
 
 
 
 
 
 
 
Basic
$
0.48

 
$
0.47

 
$
0.67

 
$
0.76

Diluted
$
0.48

 
$
0.47

 
$
0.67

 
$
0.75