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Earnings and Dividends Per Share | 12 Months Ended
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Dec. 31, 2019
Earnings Per Share [Abstract] |
Earnings 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,
| 2019 |  | 2018 |  | 2017
| (In thousands, except per share amounts)
Net Earnings Attributable to PNMR | $ | 77,362 |  |  | $ | 85,642 |  |  | $ | 79,874 |
Average Number of Common Shares: |  |  |  |  |
Outstanding during year | 79,654 |  |  | 79,654 |  |  | 79,654 |
Vested awards of restricted stock | 277 |  |  | 236 |  |  | 237 |
Average Shares – Basic | 79,931 |  |  | 79,890 |  |  | 79,891 |
Dilutive Effect of Common Stock Equivalents: |  |  |  |  |
Stock options and restricted stock | 59 |  |  | 122 |  |  | 250 |
Average Shares – Diluted | 79,990 |  |  | 80,012 |  |  | 80,141 |
Net Earnings Attributable to PNMR Per Share of Common Stock: |  |  |  |  |
Basic | $ | 0.97 |  |  | $ | 1.07 |  |  | $ | 1.00 |
Diluted | $ | 0.97 |  |  | $ | 1.07 |  |  | $ | 1.00 |
Dividends Declared per Common Share | $ | 1.1775 |  |  | $ | 1.0850 |  |  | $ | 0.9925 |

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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 + Details
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