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 September 30, |
Nine Months Ended September 30, |
|||||||||||||||
| 2020 | 2019 | 2020 | 2019 | |||||||||||||
| Net Income |
$ | 0.3 | $ | 2.3 | $ | 18.6 | $ | 32.8 | ||||||||
| Weighted Average Number of Common Shares Outstanding – Basic (000’s) |
14,954 | 14,898 | 14,946 | 14,889 | ||||||||||||
| Dilutive Effect of Restricted Stock (000’s) |
0 | 8 | 1 | 6 | ||||||||||||
| Weighted Average Number of Common Shares Outstanding – Diluted (000’s) |
14,954 | 14,906 | 14,947 | 14,895 | ||||||||||||
| Earnings Per Share – Basic and Diluted |
$ | 0.02 | $ | 0.15 | $ | 1.25 | $ | 2.20 | ||||||||