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Condensed Consolidated Statements of Cash Flows - TXNM - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash Flows From Operating Activities:    
Net earnings $ 12,797 $ 50,366
Adjustments to reconcile net earnings to net cash flows from operating activities:    
Depreciation and amortization 114,300 103,004
Deferred income tax expense (benefit) 618 6,935
(Gain) on sale of NMRD 0 (4,449)
(Gains) losses on investment securities 1,241 (17,998)
Stock based compensation expense 2,972 4,608
Regulatory disallowances 0 4,459
Allowance for equity funds used during construction (1,555) (3,292)
Other, net 861 1,031
Changes in certain assets and liabilities:    
Accounts receivable and unbilled revenues 8,546 29,296
Materials, supplies, and fuel stock (1,383) (6,457)
Other current assets (4,401) 24,662
Other assets (5,067) (7,341)
Accounts payable 21,652 (31,482)
Accrued interest and taxes (1,409) (9,823)
Other current liabilities (12,681) (39,860)
Other liabilities 4,766 (10,843)
Net cash flows from operating activities 141,257 92,816
Cash Flows From Investing Activities:    
Additions to utility plant and non-utility plant (342,624) (289,100)
Proceeds from sale of plant assets 0 2,840
Proceeds from sales of investment securities 90,103 302,510
Purchases of investment securities (92,457) (304,971)
Proceeds from sale of NMRD 0 116,936
Investments in NMRD 0 (12,550)
Other, net (31) (23)
Net cash flows used in investing activities (345,009) (184,358)
Cash Flows From Financing Activities:    
Revolving credit facilities borrowings 513,000 658,800
Revolving credit facilities repayments (528,600) (676,200)
Long-term borrowings 335,000 117,000
Repayment of long-term debt (3,406) 0
Awards of common stock (6,307) (5,440)
Dividends paid (37,891) (35,085)
Valencia’s transactions with its owner (4,270) (4,003)
Transmission interconnection and security deposit arrangements 12,640 57,875
Refunds paid under transmission interconnection and security deposit arrangements (80,752) (12,003)
Debt issuance costs and other, net (1,854) (1,435)
Net cash flows from financing activities 197,560 99,509
Change in Cash, Cash Equivalents, and Restricted Cash (6,192) 7,967
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 22,085 3,943
Cash, Cash Equivalents, and Restricted Cash at End of Period 15,893 11,910
Restricted Cash included in Other Current Assets and Other Deferred Charges on Condensed Consolidated Balance Sheets:    
At beginning of period 17,587 1,728
At end of period 9,840 8,922
Supplemental Cash Flow Disclosures:    
Interest paid, net of amounts capitalized 52,333 48,912
Income taxes paid (refunded), net 0 (488)
Supplemental schedule of noncash investing activities:    
Decrease in accrued plant additions $ 62,988 $ 40,223