XML 41 R24.htm IDEA: XBRL DOCUMENT v3.23.1
Earnings Per Share
 3 Months Ended
Mar. 31, 2023
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. Information regarding the computation of earnings per share is as follows:

Three Months Ended
March 31,
20232022
(In thousands, except per share amounts)
Net Earnings Attributable to PNMR$55,014 $15,991 
Average Number of Common Shares:
Outstanding during period
85,835 85,835 
    Vested awards of restricted stock
266 256 
Average Shares – Basic
86,101 86,091 
Dilutive Effect of Common Stock Equivalents:
Restricted stock37 80 
2023 Forward Sale Agreements3 — 
Average Shares – Diluted
86,141 86,171 
Net Earnings Per Share of Common Stock:
Basic$0.64 $0.19 
Diluted$0.64 $0.19