XML 69 R39.htm IDEA: XBRL DOCUMENT

Earnings and Dividends Per Share (Tables)

12 Months Ended

Dec. 31, 2020

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,
			2020						2019						2018
			(In thousands, except per share amounts)
Net Earnings Attributable to PNMR			$	172,775					$	77,362					$	85,642
Average Number of Common Shares:
Outstanding during year			79,941						79,654						79,654
Vested awards of restricted stock			216						277						236
Average Shares – Basic			80,157						79,931						79,890
Dilutive Effect of Common Stock Equivalents:
PNMR 2020 Forward Equity Sale Agreements			106						—						—
Stock options and restricted stock			40						59						122
Average Shares – Diluted			80,303						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