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, |
|||||||||||||||
| 2021 | 2020 | 2021 | 2020 | |||||||||||||
| Net Income |
$ | — | $ | 0.3 | $ | 21.6 | $ | 18.6 | ||||||||
| Weighted Average Number of Common Shares Outstanding – Basic (000’s) |
15,541 | 14,954 | 15,182 | 14,946 | ||||||||||||
| Dilutive Effect of Stock Options and Restricted Stock (000’s) |
3 | — | 3 | 1 | ||||||||||||
| Weighted Average Number of Common Shares Outstanding – Diluted (000’s) |
15,544 | 14,954 | 15,185 | 14,947 | ||||||||||||
| Earnings Per Share – Basic and Diluted |
$ | — | $ | 0.02 | $ | 1.42 | $ | 1.25 | ||||||||