EX-11 2 d749599dex11.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
June 30,
    Six Months Ended
June 30,
 
     2014      2013     2014      2013  

Net Income (Loss)

   $ 1.1       $ (0.1   $ 13.7       $ 10.7   

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

     13,837         13,768        13,828         13,758   

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

     5         —          4         2   

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

     13,842         13,768        13,832         13,760   

Earnings Per Share – Basic and Diluted

   $ 0.08       $ (0.01   $ 0.99       $ 0.78