EX-11 3 d761501dex11.htm EX-11 EX-11

EXHIBIT 11

UNITIL CORPORATION AND SUBSIDIARY COMPANIES

COMPUTATION OF EARNINGS PER WEIGHTED AVERAGE COMMON SHARE OUTSTANDING

(Millions except common shares and per share data)

(UNAUDITED)

 

     Three Months Ended
June 30,		      Six Months Ended
June 30,		  
     2019      2018      2019      2018  

Net Income

    $ 4.0      $ 3.6      $ 30.5      $ 19.2  

Weighted Average Number of Common Shares Outstanding – Basic (000’s)

      14,892        14,822        14,884        14,813  

Dilutive Effect of Stock Options and Restricted Stock (000’s)

      7        7        6        5  

Weighted Average Number of Common Shares Outstanding – Diluted (000’s)

      14,899        14,829        14,890        14,818  

Earnings Per Share – Basic and Diluted

    $ 0.27      $ 0.24      $ 2.05      $ 1.30