XML 43 R24.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Earnings Per Share
 3 Months Ended
Mar. 31, 2024
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. Diluted earnings per share was computed using the treasury stock method for both restricted stock and the 2023 Forward Sale Agreements. Information regarding the computation of earnings per share is as follows:
Three Months Ended
March 31,
20242023
(In thousands, except per share amounts)
Net Earnings Attributable to PNMR$47,190 $55,014 
Average Number of Common Shares:
Outstanding during period
90,200 85,835 
    Vested awards of restricted stock
283 266 
Average Shares – Basic
90,483 86,101 
Dilutive Effect of Common Stock Equivalents:
Restricted stock31 37 
2023 Forward Sale Agreements— 3 
Average Shares – Diluted
90,514 86,141 
Net Earnings Per Share of Common Stock:
Basic$0.52 $0.64 
Diluted$0.52 $0.64