EARNINGS PER SHARE

3 Months Ended

Mar. 31, 2021

EARNINGS PER SHAREBasic 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. Earnings per share dilution in 2020 also included the impact of the 2019 equity forward sale agreement, which was calculated using the treasury stock method until the settlement of the forward sale agreement on March 26, 2020. For the three months ended March 31, 2021 and 2020, 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 Ended
		March 31, 2021		March 31, 2020
Net Income Attributable to Common Shareholders		$	366.1	$	334.8
Weighted Average Common Shares Outstanding:
Basic		343,678,243		331,102,237
Dilutive Effect of:
Share-Based Compensation Awards and Other		656,446		747,233
Equity Forward Sale Agreement		—		1,087,683
Total Dilutive Effect		656,446		1,834,916
Diluted		344,334,689		332,937,153
Basic EPS		$	1.07	$	1.01
Diluted EPS		$	1.06	$	1.01