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Earnings and Dividends Per Share (Tables)
12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Computation of Earnings per Share and Dividends per Share 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