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Earnings and Dividends Per Share (Tables)

12 Months Ended

Dec. 31, 2021

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,
			2021						2020						2019
			(In thousands, except per share amounts)
Net Earnings Attributable to PNMR			$	195,829					$	172,775					$	77,362
Average Number of Common Shares:
Outstanding during year			85,835						79,941						79,654
Vested awards of restricted stock			235						216						277
Average Shares – Basic			86,070						80,157						79,931
Dilutive Effect of Common Stock Equivalents:
PNMR 2020 Forward Equity Sale Agreements			—						106						—
Stock options and restricted stock			41						40						59
Average Shares – Diluted			86,111						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