EX-11 2 d22655dex11.htm EXHIBIT 11

Exhibit 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,
		2015				2014				2015				2014
Net Income		$	1.7			$	1.6			$	17.0			$	15.3
Weighted Average Number of Common Shares Outstanding – Basic (000’s)			13,922				13,848				13,909				13,835
Dilutive Effect of Stock Options and Restricted Stock (000’s)			3				3				3				3
Weighted Average Number of Common Shares Outstanding – Diluted (000’s)			13,925				13,851				13,912				13,838
Earnings Per Share – Basic and Diluted		$	0.12			$	0.11			$	1.22			$	1.10