EX-11 2 d759076dex11.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
September 30,		      Nine Months Ended
September 30,		  
     2019      2018      2019      2018  

Net Income

    $ 2.3      $ 2.8      $ 32.8      $ 22.0  

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

      14,898        14,829        14,889        14,818  

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

      8        5        6        5  

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

      14,906        14,834        14,895        14,823  

Earnings Per Share – Basic and Diluted

    $ 0.15      $ 0.19      $ 2.20      $ 1.49