EARNINGS PER SHARE

3 Months Ended

Mar. 31, 2020

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 and the equity forward sale agreement, as if they were converted into outstanding common shares. The dilutive effect of unvested RSU and performance share awards, as well as the equity forward sale agreement, 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.

As described in Note 12, "Common Shares," earnings per share dilution, if any, related to the forward sale agreement is determined under the treasury stock method until settlement of the forward sale agreement. Under this method, the number of Eversource common shares used in calculating diluted EPS is deemed to be increased by the excess, if any, of the number of shares that would be issued upon physical settlement of the forward sale agreement less the number of shares that would be purchased by Eversource in the market (based on the average market price during the same reporting period) using the proceeds receivable upon settlement (based on the adjusted forward sale price at the end of that reporting period). Share dilution occurs when the average market price of Eversource's common shares is higher than the adjusted forward sale price.

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



Eversource (Millions of Dollars, except share information)	For the Three Months Ended
Eversource (Millions of Dollars, except share information)	March 31, 2020		March 31, 2019
Net Income Attributable to Common Shareholders	$	334.8	$	308.7
Weighted Average Common Shares Outstanding:
Basic	331,102,237		317,624,593
Dilutive Effect of:
Share-Based Compensation Awards and Other	747,233		691,489
Equity Forward Sale Agreement	1,087,683		—
Total Dilutive Effect	1,834,916		691,489
Diluted	332,937,153		318,316,082
Basic and Diluted EPS	$	1.01	$	0.97