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Earnings Per Share
6 Months Ended
Jun. 30, 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
Six Months Ended
June 30,June 30,
2023202220232022
(In thousands, except per share amounts)
Net Earnings Attributable to PNMR$45,304 $15,361 $100,318 $31,352 
Average Number of Common Shares:
Outstanding during period
85,835 85,835 85,835 85,835 
    Vested awards of restricted stock
250 351 258 303 
Average Shares – Basic
86,085 86,186 86,093 86,138 
Dilutive Effect of Common Stock Equivalents:
Restricted stock39 40 38 60 
2023 Forward Sale Agreements— — 
Average Shares – Diluted
86,129 86,226 86,133 86,198 
Net Earnings Per Share of Common Stock:
Basic$0.53 $0.18 $1.17 $0.36 
Diluted$0.53 $0.18 $1.16 $0.36