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, |
|||||||||||||||
| 2020 | 2019 | 2020 | 2019 | |||||||||||||
| Net Income |
$ | 3.1 | $ | 4.0 | $ | 18.3 | $ | 30.5 | ||||||||
| Weighted Average Number of Common Shares Outstanding – Basic (000’s) |
14,948 | 14,892 | 14,941 | 14,884 | ||||||||||||
| Dilutive Effect of Stock Options and Restricted Stock (000’s) |
1 | 7 | 2 | 6 | ||||||||||||
| Weighted Average Number of Common Shares Outstanding – Diluted (000’s) |
14,949 | 14,899 | 14,943 | 14,890 | ||||||||||||
| Earnings Per Share – Basic and Diluted |
$ | 0.21 | $ | 0.27 | $ | 1.23 | $ | 2.05 | ||||||||