EX-11 2 d207554dex11.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,
 
     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