EX-11 2 d949536dex11.htm 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, |
|  | 2015 |  |  | 2014 |  |  | 2015 |  |  | 2014 |
Net Income |  | $ | 1.7 |  |  | $ | 1.1 |  |  | $ | 15.3 |  |  | $ | 13.7 |
Weighted Average Number of Common Shares Outstanding – Basic (000’s) |  |  | 13,912 |  |  |  | 13,837 |  |  |  | 13,880 |  |  |  | 13,828 |
Dilutive Effect of Stock Options and Restricted Stock (000’s) |  |  | 3 |  |  |  | 5 |  |  |  | 3 |  |  |  | 4 |
Weighted Average Number of Common Shares Outstanding – Diluted (000’s) |  |  | 13,915 |  |  |  | 13,842 |  |  |  | 13,883 |  |  |  | 13,832 |
Earnings Per Share – Basic and Diluted |  | $ | 0.12 |  |  | $ | 0.08 |  |  | $ | 1.10 |  |  | $ | 0.99 |