EX-11 2 d209311dex11.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, |
|  | 2018 |  |  | 2017 |  |  | 2018 |  |  | 2017 |
Net Income |  | $ | 3.6 |  |  | $ | 3.1 |  |  | $ | 19.2 |  |  | $ | 15.5 |
Weighted Average Number of Common Shares Outstanding – Basic (000’s) |  |  | 14,822 |  |  |  | 14,060 |  |  |  | 14,813 |  |  |  | 14,051 |
Dilutive Effect of Stock Options and Restricted Stock (000’s) |  |  | 7 |  |  |  | 7 |  |  |  | 5 |  |  |  | 6 |
Weighted Average Number of Common Shares Outstanding – Diluted (000’s) |  |  | 14,829 |  |  |  | 14,067 |  |  |  | 14,818 |  |  |  | 14,057 |
Earnings Per Share – Basic and Diluted |  | $ | 0.24 |  |  | $ | 0.23 |  |  | $ | 1.30 |  |  | $ | 1.11 |