EARNINGS PER SHARE

6 Months Ended

Jun. 30, 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 and six months ended June 30, 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				For the Six Months Ended
(Millions of Dollars, except share information)		June 30, 2016		June 30, 2015		June 30, 2016		June 30, 2015
Net Income Attributable to Common Shareholders		$	203.6	$	207.5	$	447.8	$	460.8

Weighted Average Common Shares Outstanding:
	Basic		317,785,495		317,613,166		317,651,319		317,352,004
	Dilutive Effect		691,204		946,402		827,557		1,173,374
	Diluted		318,476,699		318,559,568		318,478,876		318,525,378
Basic and Diluted EPS		$	0.64	$	0.65	$	1.41	$	1.45