EX-11 2 d209311dex11.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,
 
     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