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Earnings and Dividends Per Share
12 Months Ended
Dec. 31, 2021
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,
 202120202019
 (In thousands, except per share amounts)
Net Earnings Attributable to PNMR$195,829 $172,775 $77,362 
Average Number of Common Shares:
Outstanding during year85,835 79,941 79,654 
Vested awards of restricted stock235 216 277 
Average Shares – Basic86,070 80,157 79,931 
Dilutive Effect of Common Stock Equivalents:
PNMR 2020 Forward Equity Sale Agreements— 106 — 
Stock options and restricted stock41 40 59 
Average Shares – Diluted86,111 80,303 79,990 
Net Earnings Attributable to PNMR Per Share of Common Stock:
Basic$2.28 $2.16 $0.97 
Diluted$2.27 $2.15 $0.97 
Dividends Declared per Common Share$1.3300 $1.2500 $1.1775