EX-11 2 d207554dex11.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, |
|  | 2016 |  |  | 2015 |  |  | 2016 |  |  | 2015 |
Net Income |  | $ | 2.5 |  |  | $ | 1.7 |  |  | $ | 13.4 |  |  | $ | 15.3 |
Weighted Average Number of Common Shares Outstanding – Basic (000’s) |  |  | 13,985 |  |  |  | 13,912 |  |  |  | 13,976 |  |  |  | 13,880 |
Dilutive Effect of Stock Options and Restricted Stock (000’s) |  |  | 6 |  |  |  | 3 |  |  |  | 6 |  |  |  | 3 |
Weighted Average Number of Common Shares Outstanding – Diluted (000’s) |  |  | 13,991 |  |  |  | 13,915 |  |  |  | 13,982 |  |  |  | 13,883 |
Earnings Per Share – Basic and Diluted |  | $ | 0.18 |  |  | $ | 0.12 |  |  | $ | 0.96 |  |  | $ | 1.10 |