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Earnings and Dividends Per Share (Tables)
 12 Months Ended
Dec. 31, 2018
Earnings Per Share [Abstract]  
Computation of Earnings per Share and Dividends per Share
Earnings and Dividends Per Share
In accordance with GAAP, dual presentation of basic and diluted earnings per share has been presented in the Consolidated Statements of Earnings of PNMR. Information regarding the computation of earnings per share and dividends per share is as follows:
 
Year Ended December 31,
 
2018
 
2017
 
2016
 
(In thousands, except per share amounts)
Net Earnings Attributable to PNMR
$
85,642

 
$
79,874

 
$
116,849

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

 
79,654

 
79,654

Vested awards of restricted stock
236

 
237

 
104

Average Shares – Basic
79,890

 
79,891

 
79,758

Dilutive Effect of Common Stock Equivalents:
 
 
 
 
 
Stock options and restricted stock
122

 
250

 
374

Average Shares – Diluted
80,012

 
80,141

 
80,132

Net Earnings Attributable to PNMR Per Share of Common Stock:
 
 
 
 
 
Basic
$
1.07

 
$
1.00

 
$
1.47

Diluted
$
1.07

 
$
1.00

 
$
1.46

Dividends Declared per Common Share
$
1.0850

 
$
0.9925

 
$
0.9025