XML 59 R40.htm IDEA: XBRL DOCUMENT v3.23.3
EARNINGS PER SHARE
 9 Months Ended
Sep. 30, 2023
Earnings Per Share [Abstract]  
EARNINGS PER SHARE 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 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. For the three and nine months ended September 30, 2023 and 2022, there were no antidilutive share awards excluded from the computation of diluted EPS.

The following table sets forth the components of basic and diluted EPS:
Eversource
(Millions of Dollars, except share information)
For the Three Months EndedFor the Nine Months Ended
September 30, 2023September 30, 2022September 30, 2023September 30, 2022
Net Income Attributable to Common Shareholders$339.7 $349.4 $846.2 $1,084.7 
Weighted Average Common Shares Outstanding:    
Basic349,704,155 347,297,411 349,461,219 346,115,823 
Dilutive Effect147,814 465,282 270,101 457,278 
Diluted349,851,969 347,762,693 349,731,320 346,573,101 
Basic EPS$0.97 $1.01 $2.42 $3.13 
Diluted EPS$0.97 $1.00 $2.42 $3.13