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Earnings Per Share
 6 Months Ended
Jun. 30, 2021
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
Dual presentation of basic and diluted earnings per share is presented in the Condensed Consolidated Statements of Earnings of PNMR. PNMR’s potentially dilutive shares consist of restricted stock and PNMR common stock issuable in 2020 under the PNMR 2020 Forward Equity Sale Agreements, which are calculated under the treasury stock method. See Note 7 of the Notes to Consolidated Financial Statements in the 2020 Annual Reports on Form 10-K.

Information regarding the computation of earnings per share is as follows:
Three Months Ended
Six Months Ended
June 30,June 30,
2021202020212020
(In thousands, except per share amounts)
Net Earnings Attributable to PNMR$53,709 $57,489 $71,288 $42,229 
Average Number of Common Shares:
Outstanding during period
85,835 79,654 85,835 79,654 
    Vested awards of restricted stock
231 186 227 202 
Average Shares – Basic
86,066 79,840 86,062 79,856 
Dilutive Effect of Common Stock Equivalents:
PNMR 2020 Forward Equity Sale Agreements— — — 86 
Restricted stock41 36 40 37 
Average Shares – Diluted
86,107 79,876 86,102 79,979 
Net Earnings Per Share of Common Stock:
Basic$0.62 $0.72 $0.83 $0.53 
Diluted$0.62 $0.72 $0.83 $0.53