EX-11 2 d226096dex11.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,
 
     2021      2020      2021      2020  

Net Income

   $ —        $ 0.3      $ 21.6      $ 18.6  

Weighted Average Number of Common Shares

Outstanding – Basic (000’s)

     15,541        14,954        15,182        14,946  

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

     3        —          3        1  

Weighted Average Number of Common Shares

Outstanding – Diluted (000’s)

     15,544        14,954        15,185        14,947  

Earnings Per Share – Basic and Diluted

   $ —        $ 0.02      $ 1.42      $ 1.25