EARNINGS PER SHARE

3 Months Ended

Mar. 31, 2016

Notes To Consolidated Financial Statements [Abstract]

13. EARNINGS PER SHARE

Basic EPS is computed based upon the weighted average number of common shares outstanding during each period. Diluted EPS is computed on the basis of the weighted average number of common shares outstanding plus the potential dilutive effect of certain share-based compensation awards as if they were converted into common shares. The dilutive effect of unvested RSU and performance share awards and unexercised stock options is calculated using the treasury stock method. RSU and performance share awards are included in basic weighted average common shares outstanding as of the date that all necessary vesting conditions have been satisfied. For the three months ended March 31, 2016 and 2015, there were no antidilutive share awards excluded from the computation.

The following table sets forth the components of basic and diluted EPS:

Eversource		For the Three Months Ended
(Millions of Dollars, except share information)		March 31, 2016		March 31, 2015
Net Income Attributable to Common Shareholders		$	244.2	$	253.3

Weighted Average Common Shares Outstanding:
	Basic		317,517,141		317,090,841
	Dilutive Effect		963,909		1,400,347
	Diluted		318,481,050		318,491,188
Basic and Diluted EPS		$	0.77	$	0.80