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Earnings Per Share

3 Months Ended

Mar. 31, 2019

Earnings Per Share [Abstract]

Earnings Per Share

Earnings Per Share

In accordance with GAAP, dual presentation of basic and diluted earnings per share is presented in the Condensed Consolidated Statements of Earnings of PNMR. Information regarding the computation of earnings per share is as follows:

	Three Months Ended
	March 31,
	2019				2018
	(In thousands, except per share amounts)
Net Earnings Attributable to PNMR	$	18,700			$	14,990
Average Number of Common Shares:
Outstanding during period	79,654				79,654
Vested awards of restricted stock	239				205
Average Shares – Basic	79,893				79,859
Dilutive Effect of Common Stock Equivalents:
Stock options and restricted stock	78				154
Average Shares – Diluted	79,971				80,013
Net Earnings Per Share of Common Stock:
Basic	$	0.23			$	0.19
Diluted	$	0.23			$	0.19

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- References

No definition available.

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- Definition

The entire disclosure for earnings per share.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-URI http://asc.fasb.org/topic&trid=2144383

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