EARNINGS PER SHARE

6 Months Ended

Jun. 30, 2021

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 outstanding common shares. The dilutive effect of unvested RSU and performance share awards 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. There were no antidilutive share awards excluded from the computation of diluted EPS for the three and six months ended June 30, 2021. For the three and six months ended June 30, 2020, there were 158,242 and 79,121 antidilutive share awards excluded from the EPS computation respectively, as their impact would have been antidilutive. Antidilutive shares pertained to a purchase option extended to underwriters in connection with Eversource’s common share issuance on June 15, 2020.

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


Eversource (Millions of Dollars, except share information)	For the Three Months Ended				For the Six Months Ended
	June 30, 2021		June 30, 2020		June 30, 2021		June 30, 2020
Net Income Attributable to Common Shareholders	$	264.5	$	252.2	$	630.7	$	587.0
Weighted Average Common Shares Outstanding:
Basic	343,844,626		337,946,663		343,761,435		334,524,452
Dilutive Effect of:
Share-Based Compensation Awards and Other	591,070		614,986		623,758		681,110
Equity Forward Sale Agreement	—		—		—		543,842
Total Dilutive Effect	591,070		614,986		623,758		1,224,952
Diluted	344,435,696		338,561,649		344,385,193		335,749,404

Basic and Diluted EPS	$	0.77	$	0.75	$	1.83	$	1.75