2019 Q4 Form 10-Q Financial Statement

#000110842619000060 Filed on November 01, 2019

View on sec.gov

Income Statement

Concept 2019 Q4 2019 Q3 2018 Q3
Revenue $344.1M $433.6M $422.7M
YoY Change 0.11% 2.58% 0.66%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $46.40M $47.60M $50.00M
YoY Change -1.07% -4.8% 13.38%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $75.90M $77.10M $70.40M
YoY Change 11.29% 9.52% 2.92%
% of Gross Profit
Operating Expenses $283.1M $293.0M $296.2M
YoY Change -4.29% -1.08% 7.59%
Operating Profit $60.55M $140.5M $128.0M
YoY Change -447.92% 9.81% -10.17%
Interest Expense -$16.40M $30.36M $30.49M
YoY Change -63.56% -0.44% -5.03%
% of Operating Profit -27.08% 21.6% 23.82%
Other Income/Expense, Net -$1.000M $3.612M $2.624M
YoY Change 400.0% 37.65% -60.89%
Pretax Income $43.10M $116.0M $104.5M
YoY Change -168.85% 10.99% -13.71%
Income Tax $7.100M $9.188M $12.90M
% Of Pretax Income 16.47% 7.92% 12.35%
Net Earnings $31.81M $102.8M $87.52M
YoY Change -157.75% 17.42% 18.69%
Net Earnings / Revenue 9.24% 23.7% 20.71%
Basic Earnings Per Share $0.40 $1.29 $1.10
Diluted Earnings Per Share $0.40 $1.28 $1.09
COMMON SHARES
Basic Shares Outstanding 79.65B shares 79.95M shares 79.87M shares
Diluted Shares Outstanding 80.00M shares 79.98M shares

Balance Sheet

Concept 2019 Q4 2019 Q3 2018 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.800M $20.10M $35.00M
YoY Change 80.95% -42.57% -18.79%
Cash & Equivalents $3.833M $20.09M $34.96M
Short-Term Investments
Other Short-Term Assets $44.47M $48.76M $53.07M
YoY Change -18.86% -8.12% -5.94%
Inventory $77.93M $77.74M $75.23M
Prepaid Expenses
Receivables $85.89M $115.4M $108.6M
Other Receivables $17.10M $18.30M $29.90M
Total Short-Term Assets $294.0M $341.2M $363.9M
YoY Change -2.81% -6.25% -2.83%
LONG-TERM ASSETS
Property, Plant & Equipment $5.610B $5.495B $5.167B
YoY Change 7.1% 6.35% 1.41%
Goodwill $278.3M $278.3M $278.3M
YoY Change 0.0% 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments $65.16M $56.08M $26.03M
YoY Change 145.29% 115.47% -91.52%
Other Assets $662.4M $660.7M $681.4M
YoY Change -4.22% -3.04% 15.86%
Total Long-Term Assets $7.005B $6.860B $6.485B
YoY Change 6.73% 5.78% 2.57%
TOTAL ASSETS
Total Short-Term Assets $294.0M $341.2M $363.9M
Total Long-Term Assets $7.005B $6.860B $6.485B
Total Assets $7.299B $7.201B $6.849B
YoY Change 6.31% 5.14% 2.27%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $103.1M $81.68M $72.57M
YoY Change -8.07% 12.56% -19.26%
Accrued Expenses $105.9M $101.8M $80.20M
YoY Change 62.42% 26.93% -3.72%
Deferred Revenue $10.59M $10.73M $10.83M
YoY Change -1.03% -0.95%
Short-Term Debt $185.1M $289.6M $262.6M
YoY Change -21.53% 10.28% -1.46%
Long-Term Debt Due $490.3M $385.2M $471.9M
YoY Change -18.36% 185.45%
Total Short-Term Liabilities $967.5M $945.7M $980.5M
YoY Change 88.79% -3.54% 37.92%
LONG-TERM LIABILITIES
Long-Term Debt $2.517B $2.467B $2.143B
YoY Change -5.72% 15.14% -6.12%
Other Long-Term Liabilities $1.427B $1.422B $1.292B
YoY Change 8.29% 10.1% 53.15%
Total Long-Term Liabilities $2.517B $2.467B $2.143B
YoY Change -5.72% 15.14% -6.12%
TOTAL LIABILITIES
Total Short-Term Liabilities $967.5M $945.7M $980.5M
Total Long-Term Liabilities $2.517B $2.467B $2.143B
Total Liabilities $5.545B $5.454B $5.001B
YoY Change 8.7% 9.07% 3.06%
SHAREHOLDERS EQUITY
Retained Earnings $627.5M $620.2M $722.1M
YoY Change -2.55% -14.11% 4.45%
Common Stock $1.151B $1.150B $1.151B
YoY Change -0.22% -0.09% -0.54%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.679B $1.671B $1.771B
YoY Change
Total Liabilities & Shareholders Equity $7.299B $7.201B $6.849B
YoY Change 6.31% 5.14% 2.27%

Cashflow Statement

Concept 2019 Q4 2019 Q3 2018 Q3
OPERATING ACTIVITIES
Net Income $31.81M $102.8M $87.52M
YoY Change -157.75% 17.42% 18.69%
Depreciation, Depletion And Amortization $75.90M $77.10M $70.40M
YoY Change 11.29% 9.52% 2.92%
Cash From Operating Activities $151.9M $179.4M $183.0M
YoY Change 36.48% -1.97% -15.16%
INVESTING ACTIVITIES
Capital Expenditures -$171.4M -$151.8M -$119.9M
YoY Change 26.31% 26.61% -2.12%
Acquisitions
YoY Change
Other Investing Activities -$18.20M -$20.40M -$6.300M
YoY Change 34.81% 223.81% -191.3%
Cash From Investing Activities -$189.6M -$172.2M -$126.2M
YoY Change 27.08% 36.45% 9.17%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 21.40M 8.600M -26.70M
YoY Change 328.0% -132.21% -54.82%
NET CHANGE
Cash From Operating Activities 151.9M 179.4M 183.0M
Cash From Investing Activities -189.6M -172.2M -126.2M
Cash From Financing Activities 21.40M 8.600M -26.70M
Net Change In Cash -16.30M 15.80M 30.10M
YoY Change -50.46% -47.51% -26.59%
FREE CASH FLOW
Cash From Operating Activities $151.9M $179.4M $183.0M
Capital Expenditures -$171.4M -$151.8M -$119.9M
Free Cash Flow $323.3M $331.2M $302.9M
YoY Change 30.89% 9.34% -10.44%

Facts In Submission

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CY2018Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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2142000 USD
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CY2018Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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266000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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9372000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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2598000 USD
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
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OtherComprehensiveIncomeLossNetOfTax
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us-gaap Other Comprehensive Income Loss Net Of Tax
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us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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65944000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
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CY2019Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
3860000 USD
CY2018Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
3920000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
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us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
11706000 USD
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PreferredStockDividendRequirementsOfSubsidiary
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CY2018Q3 pnm Preferred Stock Dividend Requirements Of Subsidiary
PreferredStockDividendRequirementsOfSubsidiary
132000 USD
pnm Preferred Stock Dividend Requirements Of Subsidiary
PreferredStockDividendRequirementsOfSubsidiary
396000 USD
pnm Preferred Stock Dividend Requirements Of Subsidiary
PreferredStockDividendRequirementsOfSubsidiary
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us-gaap Depreciation Depletion And Amortization
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20299000 USD
us-gaap Gain Loss On Sale Of Investments
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us-gaap Share Based Compensation
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us-gaap Share Based Compensation
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pnm Regulatory Disallowance And Restructuring Charges
RegulatoryDisallowanceAndRestructuringCharges
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us-gaap Increase Decrease In Allowance For Equity Funds Used During Construction
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us-gaap Payments To Acquire Productive Assets
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us-gaap Net Cash Provided By Used In Investing Activities
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MinorityInterest
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CY2019Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1735088000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1752594000 USD
CY2019Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
7200932000 USD
CY2018Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
6865551000 USD
CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1674740000 USD
CY2019Q3 us-gaap Profit Loss
ProfitLoss
106763000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1301000 USD
CY2019Q3 pnm Preferred Stock Dividend Requirements Of Subsidiary
PreferredStockDividendRequirementsOfSubsidiary
132000 USD
CY2019Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
46200000 USD
CY2019Q3 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
5000 USD
CY2019Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
898000 USD
CY2019Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
2277000 USD
CY2019Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1735088000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1752594000 USD
us-gaap Profit Loss
ProfitLoss
56141000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
9803000 USD
pnm Preferred Stock Dividend Requirements Of Subsidiary
PreferredStockDividendRequirementsOfSubsidiary
396000 USD
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
69299000 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
943000 USD
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
9897000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5424000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
10225000 USD
CY2019Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1735088000 USD
CY2018Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1788315000 USD
CY2018Q3 us-gaap Profit Loss
ProfitLoss
91573000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
2277000 USD
CY2018Q3 pnm Preferred Stock Dividend Requirements Of Subsidiary
PreferredStockDividendRequirementsOfSubsidiary
132000 USD
CY2018Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
42217000 USD
CY2018Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
13000 USD
CY2018Q3 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
237000 USD
CY2018Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1226000 USD
CY2018Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
4296000 USD
CY2018Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1836522000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1761448000 USD
CY2018Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest Adjusted Balance1
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAdjustedBalance1
1761448000 USD
us-gaap Profit Loss
ProfitLoss
152821000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
5668000 USD
pnm Preferred Stock Dividend Requirements Of Subsidiary
PreferredStockDividendRequirementsOfSubsidiary
396000 USD
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
63325000 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
937000 USD
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
12505000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4551000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
12677000 USD
CY2018Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1836522000 USD
CY2019Q3 pnm Collaborative Arrangement Owner Obligations Default Amount
CollaborativeArrangementOwnerObligationsDefaultAmount
0 USD
CY2019Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.290
CY2018Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.265
CY2019Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.290
CY2018Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.265
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2019Q3 pnm Gross Margin
GrossMargin
324850000 USD
CY2019Q3 pnm Other Operating Expenses
OtherOperatingExpenses
115960000 USD
CY2019Q3 us-gaap Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
68350000 USD
CY2019Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
140540000 USD
CY2019Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
3440000 USD
CY2019Q3 pnm Other Income Deductions Excluding Interest
OtherIncomeDeductionsExcludingInterest
2330000 USD
CY2019Q3 us-gaap Interest Expense
InterestExpense
30359000 USD
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
115951000 USD
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9188000 USD
CY2019Q3 us-gaap Profit Loss
ProfitLoss
106763000 USD
CY2019Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3860000 USD
CY2019Q3 us-gaap Dividends Preferred Stock
DividendsPreferredStock
132000 USD
CY2019Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
102771000 USD
pnm Gross Margin
GrossMargin
799313000 USD
pnm Other Operating Expenses
OtherOperatingExpenses
515894000 USD
us-gaap Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
199771000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
83648000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
10489000 USD
pnm Other Income Deductions Excluding Interest
OtherIncomeDeductionsExcludingInterest
21369000 USD
us-gaap Interest Expense
InterestExpense
91785000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
23721000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-32420000 USD
us-gaap Profit Loss
ProfitLoss
56141000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
10188000 USD
us-gaap Dividends Preferred Stock
DividendsPreferredStock
396000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
45557000 USD
CY2019Q3 us-gaap Assets
Assets
7200932000 USD
CY2019Q3 us-gaap Goodwill
Goodwill
278297000 USD
CY2018Q3 pnm Gross Margin
GrossMargin
309130000 USD
CY2018Q3 pnm Other Operating Expenses
OtherOperatingExpenses
119560000 USD
CY2018Q3 us-gaap Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
61580000 USD
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
127990000 USD
CY2018Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
3400000 USD
CY2018Q3 pnm Other Income Deductions Excluding Interest
OtherIncomeDeductionsExcludingInterest
3574000 USD
CY2018Q3 us-gaap Interest Expense
InterestExpense
30492000 USD
CY2018Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
104472000 USD
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
12899000 USD
CY2018Q3 us-gaap Profit Loss
ProfitLoss
91573000 USD
CY2018Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3920000 USD
CY2018Q3 us-gaap Dividends Preferred Stock
DividendsPreferredStock
132000 USD
CY2018Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
87521000 USD
pnm Gross Margin
GrossMargin
799054000 USD
pnm Other Operating Expenses
OtherOperatingExpenses
365238000 USD
us-gaap Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
180365000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
253451000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
11862000 USD
pnm Other Income Deductions Excluding Interest
OtherIncomeDeductionsExcludingInterest
3214000 USD
us-gaap Interest Expense
InterestExpense
96868000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
171659000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
18838000 USD
us-gaap Profit Loss
ProfitLoss
152821000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
11706000 USD
us-gaap Dividends Preferred Stock
DividendsPreferredStock
396000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
140719000 USD
CY2018Q3 us-gaap Assets
Assets
6848995000 USD
CY2018Q3 us-gaap Goodwill
Goodwill
278297000 USD
CY2019Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
102771000 USD
CY2018Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
87521000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
45557000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
140719000 USD
CY2019Q3 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
79654000 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
79654000 shares
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
79654000 shares
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
79654000 shares
CY2019Q3 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
294000 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
215000 shares
us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
265000 shares
us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
210000 shares
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
79948000 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
79869000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
79919000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
79864000 shares
CY2019Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
53000 shares
CY2018Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
111000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
61000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
126000 shares
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
80001000 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
79980000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
79980000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
79990000 shares
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.29
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.10
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.57
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.76
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.28
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.09
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.57
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.76
CY2019Q3 pnm Number Of Regulated Utilities
NumberOfRegulatedUtilities
2 utility
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
418673000 USD
CY2019Q3 us-gaap Revenues
Revenues
433586000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1049287000 USD
us-gaap Revenues
Revenues
1113458000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
400023000 USD
CY2018Q3 us-gaap Revenues
Revenues
422666000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1042033000 USD
us-gaap Revenues
Revenues
1092857000 USD
CY2019Q3 us-gaap Commodity Contract Asset Current
CommodityContractAssetCurrent
0 USD
CY2018Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
349000 USD
pnm Contract With Customer Liability Increase From Cash Receipts
ContractWithCustomerLiabilityIncreaseFromCashReceipts
5902000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
4516000 USD
CY2019Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
1735000 USD
CY2019Q3 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
900000 USD
CY2018Q4 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
1000000.0 USD
CY2019Q3 pnm Contract With Customer Liability Net
ContractWithCustomerLiabilityNet
0 USD
CY2019Q3 us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
514000 USD
CY2018Q3 us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
113000 USD
us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
4675000 USD
us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
5443000 USD
CY2019Q3 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
1011000 USD
CY2018Q3 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
2943000 USD
us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
10916000 USD
us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
2636000 USD
CY2019Q3 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
1525000 USD
CY2018Q3 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
3056000 USD
us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
15591000 USD
us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
8079000 USD
CY2019Q3 us-gaap Debt Securities Realized Gain Loss
DebtSecuritiesRealizedGainLoss
161000 USD
CY2018Q3 us-gaap Debt Securities Realized Gain Loss
DebtSecuritiesRealizedGainLoss
-593000 USD
us-gaap Debt Securities Realized Gain Loss
DebtSecuritiesRealizedGainLoss
4708000 USD
us-gaap Debt Securities Realized Gain Loss
DebtSecuritiesRealizedGainLoss
-6998000 USD
CY2019Q3 us-gaap Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
1686000 USD
CY2018Q3 us-gaap Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
2463000 USD
us-gaap Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
20299000 USD
us-gaap Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
1081000 USD
CY2019Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
0 USD
us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Before Tax Including Portion Attributable To Noncontrolling Interest
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterest
0 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet
0 USD
CY2019Q3 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
3030720000 USD
CY2018Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
2703810000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
0 shares
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
81000 shares
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
11.94
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
0 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
79000 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
11.93
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
0 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
0 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
0
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2000 shares
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
12.22
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
2617000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
3016000 USD
CY2019Q1 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
24500000 USD
CY2019Q1 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
25000000.0 USD
CY2019Q3 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
40000000.0 USD
CY2019Q3 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
50000000.0 USD
CY2019Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
289600000 USD
CY2018Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
235900000 USD
CY2019Q3 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
4700000 USD
pnm Number Of Options For Meeting Bta Standards
NumberOfOptionsForMeetingBTAStandards
7 option
CY2018Q1 pnm Public Utilities Percentof Nonfuel Revenue Requirement Change Implemented
PublicUtilitiesPercentofNonfuelRevenueRequirementChangeImplemented
0.50
CY2019Q3 pnm Public Utilitiesexcessreturnonjurisdictionalequitythatwouldrequirerefund
PublicUtilitiesexcessreturnonjurisdictionalequitythatwouldrequirerefund
0.005
CY2018Q2 pnm Public Utilities Unrecovered Investment Revenue
PublicUtilitiesUnrecoveredInvestmentRevenue
20200000 USD
CY2019Q3 pnm Unamortized Cost Of Prepaid Right Of Way Agreements
UnamortizedCostOfPrepaidRightOfWayAgreements
60900000 USD
CY2018Q4 pnm Unamortized Cost Of Prepaid Right Of Way Agreements
UnamortizedCostOfPrepaidRightOfWayAgreements
63000000.0 USD
CY2019Q3 pnm Amortization Of Prepaid Right Of Way Agreements
AmortizationOfPrepaidRightOfWayAgreements
900000 USD
pnm Amortization Of Prepaid Right Of Way Agreements
AmortizationOfPrepaidRightOfWayAgreements
2800000 USD
CY2019Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
137637000 USD
CY2019Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
157440000 USD
CY2019Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
28204000 USD
CY2019Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
25189000 USD
CY2019Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
106621000 USD
CY2019Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
135174000 USD
CY2019Q3 pnm Finance Lease Right Of Use Asset Gross
FinanceLeaseRightOfUseAssetGross
7785000 USD
CY2019Q3 pnm Finance Lease Right Of Use Asset Accumulated Depreciation
FinanceLeaseRightOfUseAssetAccumulatedDepreciation
556000 USD
CY2019Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
7229000 USD
CY2019Q3 pnm Finance Lease Liability Current Other
FinanceLeaseLiabilityCurrentOther
1252000 USD
CY2019Q3 pnm Finance Lease Liability Deferred Credits Other
FinanceLeaseLiabilityDeferredCreditsOther
5637000 USD
CY2019Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y6M18D
CY2019Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P5Y8M12D
CY2019Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0389
CY2019Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0382
CY2019Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
7725000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
24051000 USD
CY2019Q3 pnm Operating Lease Capitalized Costs
OperatingLeaseCapitalizedCosts
-949000 USD
pnm Operating Lease Capitalized Costs
OperatingLeaseCapitalizedCosts
-2964000 USD
CY2019Q3 us-gaap Operating Lease Expense
OperatingLeaseExpense
6776000 USD
us-gaap Operating Lease Expense
OperatingLeaseExpense
21087000 USD
CY2019Q3 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
274000 USD
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
556000 USD
CY2019Q3 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
54000 USD
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
117000 USD
CY2019Q3 pnm Finance Lease Capitalized Costs
FinanceLeaseCapitalizedCosts
-195000 USD
pnm Finance Lease Capitalized Costs
FinanceLeaseCapitalizedCosts
-391000 USD
CY2019Q3 pnm Finance Lease Cost
FinanceLeaseCost
133000 USD
pnm Finance Lease Cost
FinanceLeaseCost
282000 USD
CY2019Q3 us-gaap Variable Lease Cost
VariableLeaseCost
32000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
64000 USD
CY2019Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
68000 USD
us-gaap Short Term Lease Cost
ShortTermLeaseCost
263000 USD
CY2019Q3 us-gaap Lease Cost
LeaseCost
7009000 USD
us-gaap Lease Cost
LeaseCost
21696000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
27225000 USD
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
45000 USD
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
189000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
157816000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
7402000 USD
pnm Operating Leases Capitalized Financing Costs Investing Activities
OperatingLeasesCapitalizedFinancingCostsInvestingActivities
3000000.0 USD
pnm Finance Leases Capitalized Financing Costs Investing Activities
FinanceLeasesCapitalizedFinancingCostsInvestingActivities
400000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
378000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
1574000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
1479000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
30662000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
1431000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
29316000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
1383000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
28473000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
1238000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
19423000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
1762000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
44321000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
7671000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
153769000 USD
CY2019Q3 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
782000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
18944000 USD
CY2019Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
6889000 USD
CY2019Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
134825000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
31772000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
30404000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
29012000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
28175000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
18868000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
43489000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
181720000 USD
CY2019Q3 pnm Lessee Operating Lease Unguaranteed Residual Value
LesseeOperatingLeaseUnguaranteedResidualValue
22100000 USD
CY2018Q4 pnm Operating Lease Unguaranteed Residual Value
OperatingLeaseUnguaranteedResidualValue
18500000 USD
CY2019Q3 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
100000 USD
us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
800000 USD
CY2019Q3 us-gaap Equity Method Investment Ownership Percentage
EquityMethodInvestmentOwnershipPercentage
0.50

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