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Earnings and Dividends Per Share (Tables)

12 Months Ended

Dec. 31, 2022

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,
			2022						2021						2020
			(In thousands, except per share amounts)
Net Earnings Attributable to PNMR			$	169,530					$	195,829					$	172,775
Average Number of Common Shares:
Outstanding during year			85,835						85,835						79,941
Vested awards of restricted stock			287						235						216
Average Shares – Basic			86,122						86,070						80,157
Dilutive Effect of Common Stock Equivalents:
PNMR 2020 Forward Equity Sale Agreements			—						—						106
Stock options and restricted stock			47						41						40
Average Shares – Diluted			86,169						86,111						80,303
Net Earnings Attributable to PNMR Per Share of Common Stock:
Basic			$	1.97					$	2.28					$	2.16
Diluted			$	1.97					$	2.27					$	2.15
Dividends Declared per Common Share			$	1.41					$	1.33					$	1.25

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- References

No definition available.

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

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