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Earnings and Dividends Per Share
 12 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
Earnings and Dividends Per Share Earnings and Dividends Per Share
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,
 202020192018
 (In thousands, except per share amounts)
Net Earnings Attributable to PNMR$172,775 $77,362 $85,642 
Average Number of Common Shares:
Outstanding during year79,941 79,654 79,654 
Vested awards of restricted stock216 277 236 
Average Shares – Basic80,157 79,931 79,890 
Dilutive Effect of Common Stock Equivalents:
PNMR 2020 Forward Equity Sale Agreements106 — — 
Stock options and restricted stock40 59 122 
Average Shares – Diluted80,303 79,990 80,012 
Net Earnings Attributable to PNMR Per Share of Common Stock:
Basic$2.16 $0.97 $1.07 
Diluted$2.15 $0.97 $1.07 
Dividends Declared per Common Share$1.2500 $1.1775 $1.0850