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 | ||||||||