EX-11 2 d169860dex11.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, |
|  | 2021 |  |  | 2020 |  |  | 2021 |  |  | 2020 |
Net Income |  | $ | 2.7 |  |  | $ | 3.1 |  |  | $ | 21.6 |  |  | $ | 18.3 |
Weighted Average Number of Common Shares Outstanding – Basic (000’s) |  |  | 15,010 |  |  |  | 14,948 |  |  |  | 15,002 |  |  |  | 14,941 |
Dilutive Effect of Stock Options and Restricted Stock (000’s) |  |  | 5 |  |  |  | 1 |  |  |  | 3 |  |  |  | 2 |
Weighted Average Number of Common Shares Outstanding – Diluted (000’s) |  |  | 15,015 |  |  |  | 14,949 |  |  |  | 15,005 |  |  |  | 14,943 |
Earnings Per Share – Basic and Diluted |  | $ | 0.18 |  |  | $ | 0.21 |  |  | $ | 1.44 |  |  | $ | 1.23 |