EX-11 2 d593046dex11.htm EX-11 EX-11

EXHIBIT 11

UNITIL CORPORATION AND SUBSIDIARY COMPANIES

COMPUTATION OF EARNINGS PER WEIGHTED AVERAGE COMMON SHARE OUTSTANDING

(Millions except common shares and per share data)

(UNAUDITED)

 

     Three Months Ended
September 30,		      Nine Months Ended
September 30,		  
     2013      2012      2013      2012  

Net Income

    $ 0.6       $ 0.5       $ 11.3       $ 9.2   

Less: Dividend Requirements on Preferred Stock

      —           —           —           0.1   
  

 

 

     

 

 

     

 

 

     

 

 

  

Net Income Applicable to Common Stock

    $ 0.6       $ 0.5       $ 11.3       $ 9.1   
  

 

 

     

 

 

     

 

 

     

 

 

  

Weighted Average Number of Common Shares Outstanding – Basic (000’s)

      13,777         13,707         13,765         12,318   

Dilutive Effect of Stock Options and Restricted Stock (000’s)

      3         2         2         3   

Weighted Average Number of Common Shares Outstanding – Diluted (000’s)

      13,780         13,709         13,767         12,321   

Earnings Per Share – Basic and Diluted

    $ 0.04       $ 0.03       $ 0.82       $ 0.74