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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
Computation of Earnings Per Share Information regarding the computation of earnings per share is as follows:
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
 
2019
 
2018
 
2019
 
2018
 
(In thousands, except per share amounts)
Net Earnings Attributable to PNMR
$
102,771

 
$
87,521

 
$
45,557

 
$
140,719

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

 
79,654

 
79,654

 
79,654

    Vested awards of restricted stock
294

 
215

 
265

 
210

Average Shares – Basic
79,948

 
79,869

 
79,919

 
79,864

Dilutive Effect of Common Stock Equivalents:
 
 
 
 
 
 
 
Stock options and restricted stock
53

 
111

 
61

 
126

Average Shares – Diluted
80,001

 
79,980

 
79,980

 
79,990

Net Earnings Per Share of Common Stock:
 
 
 
 
 
 
 
Basic
$
1.29

 
$
1.10

 
$
0.57

 
$
1.76

Diluted
$
1.28

 
$
1.09

 
$
0.57

 
$
1.76