EX-11.1 2 dex111.htm STATEMENT RE: COMPUTATION IN SUPPORT OF EARNINGS PER SHARE

Statement Re: Computation in Support of Earnings per Share

Exhibit 11.1

UNITIL CORPORATION

COMPUTATION IN SUPPORT OF EARNINGS PER SHARE

		Year Ended December 31,
		2007			2006			2005
EARNINGS PER SHARE (000’s, except per share data)
Net Income		$	8,746		$	8,033		$	8,553
Less: Dividend Requirements on Preferred Stock			136			133			156
Net Income Applicable to Common Stock		$	8,610		$	7,900		$	8,397
Average Number of Common Shares Outstanding—Basic			5,659			5,597			5,551
Dilutive Effect of Stock Options and Restricted Stock			13			15			17
Average Number of Common Shares Outstanding—Diluted			5,672			5,612			5,568
Earnings Per Share—Basic		$	1.52		$	1.41		$	1.51
Earnings Per Share—Diluted		$	1.52		$	1.41		$	1.51