EX-11 2 d59083dex11.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,
 
     2020      2019      2020      2019  

Net Income

   $ 3.1      $ 4.0      $ 18.3      $ 30.5  

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

     14,948        14,892        14,941        14,884  

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

     1        7        2        6  

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

     14,949        14,899        14,943        14,890  

Earnings Per Share – Basic and Diluted

   $ 0.21      $ 0.27      $ 1.23      $ 2.05