EX-11 2 d794457dex11.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,
 
     2014      2013      2014      2013  

Net Income

   $ 1.6       $ 0.6       $ 15.3       $ 11.3   

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

     13,848         13,777         13,835         13,765   

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

     3         3         3         2   

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

     13,851         13,780         13,838         13,767   

Earnings Per Share – Basic and Diluted

   $ 0.11       $ 0.04       $ 1.10       $ 0.82