EX-11 2 d402787dex11.htm COMPUTATION IN SUPPORT OF EARNINGS PER WEIGHTED AVERAGE COMMON SHARE Computation in Support of Earnings Per Weighted Average Common Share

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
September 30,		     Nine Months Ended
September 30,		  
     2012      2011     2012      2011  

Net Income (Loss)

    $ 0.5       $ (1.6 )    $ 9.2       $ 6.4   

Less: Dividend Requirements on Preferred Stock

      —           —          0.1         0.1   
  

 

 

     

 

 

    

 

 

     

 

 

  

Net Income Applicable to Common Stock

    $ 0.5       $ (1.6 )    $ 9.1       $ 6.3   
  

 

 

     

 

 

    

 

 

     

 

 

  

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

      13,707         10,887        12,318         10,875   

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

      2         —          3         2   

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

      13,709         10,887        12,321         10,877   

Earnings Per Share – Basic and Diluted

    $ 0.03       $ (0.15 )    $ 0.74       $ 0.58