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Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Net Earnings $ 125,453 $ 106,763 $ 175,615 $ 56,141
Unrealized Gains on Available-for-Sale Debt Securities:        
Unrealized holding gains arising during the period, net of income tax (expense) 3,755 5,347 11,004 17,237
Reclassification adjustment for (gains) included in net earnings, net of income tax expense (3,056) (5,194) (5,338) (9,372)
Pension Liability Adjustment:        
Reclassification adjustment for amortization of experience (gains) losses recognized as net periodic benefit cost, net of income tax expense (benefit) 1,548 1,381 4,644 4,143
Fair Value Adjustment for Cash Flow Hedges:        
Change in fair market value, net of income tax (expense) benefit of $(313), $126, $(9), $931 918 (369) 24 (2,733)
Reclassification adjustment for (gains) losses included in net earnings, net of income tax expense (benefit) of $157, $(46), $284, and $(179) (460) 136 (833) 528
Total Other Comprehensive Income 2,705 1,301 9,501 9,803
Comprehensive Income 128,158 108,064 185,116 65,944
Comprehensive (Income) Attributable to Valencia Non-controlling Interest (3,553) (3,860) (11,222) (10,188)
Preferred Stock Dividend Requirements of Subsidiary (132) (132) (396) (396)
Comprehensive Income Attributable to PNMR 124,473 104,072 173,498 55,360
PNM        
Net Earnings 103,004 84,721 140,420 23,381
Unrealized Gains on Available-for-Sale Debt Securities:        
Unrealized holding gains arising during the period, net of income tax (expense) 3,755 5,347 11,004 17,237
Reclassification adjustment for (gains) included in net earnings, net of income tax expense (3,056) (5,194) (5,338) (9,372)
Pension Liability Adjustment:        
Reclassification adjustment for amortization of experience (gains) losses recognized as net periodic benefit cost, net of income tax expense (benefit) 1,548 1,381 4,644 4,143
Fair Value Adjustment for Cash Flow Hedges:        
Total Other Comprehensive Income 2,247 1,534 10,310 12,008
Comprehensive Income 105,251 86,255 150,730 35,389
Comprehensive (Income) Attributable to Valencia Non-controlling Interest (3,553) (3,860) (11,222) (10,188)
Comprehensive Income Attributable to PNMR $ 101,698 $ 82,395 $ 139,508 $ 25,201