EX-11 2 d169860dex11.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,
 
     2021      2020      2021      2020  

Net Income

   $ 2.7      $ 3.1      $ 21.6      $ 18.3  

Weighted Average Number of Common Shares

Outstanding – Basic (000’s)

     15,010        14,948        15,002        14,941  

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

     5        1        3        2  

Weighted Average Number of Common Shares

Outstanding – Diluted (000’s)

     15,015        14,949        15,005        14,943  

Earnings Per Share – Basic and Diluted

   $ 0.18      $ 0.21      $ 1.44      $ 1.23