Unitil (UTL) 10-Q2011 Q1 Quarterly report

Filed: 26 Apr 11, 12:00am

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Removed: achieve, adverse, agent, allocation, amortized, attributable, beginning, bill, bring, chair, closed, comply, consulting, coupon, deficit, dependence, disincentive, displace, eliminate, Employer, enhancement, ERISA, exemption, fewer, fluctuation, forfeited, gain, House, impose, installation, institutional, integration, iv, jeopardize, maturity, milder, Mortgage, offering, payroll, placement, PPA, promote, Protection, question, ratified, receivership, reduce, refinance, reflected, registered, remove, repay, respond, responding, restore, restored, Senior, shortfall, summer, syndicate, synergy, target, violated, Worker

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EXHIBIT 11

UNITIL CORPORATION AND SUBSIDIARY COMPANIES

COMPUTATION OF EARNINGS PER AVERAGE COMMON SHARE OUTSTANDING

(Millions, except for per share data)

(UNAUDITED)


	Three Months Ended March 31,
	2011		2010
Net Income	$	8.7	$	6.5
Less: Dividend Requirements on Preferred Stock		—		—


Net Income Applicable to Common Stock	$	8.7	$	6.5


Weighted Average Number of Common Shares Outstanding – Basic (000’s)		10,860		10,801

Dilutive Effect of Stock Options and Restricted Stock (000’s)		1		2

Weighted Average Number of Common Shares Outstanding – Diluted (000’s)		10,861		10,803

Earnings Per Share – Basic	$	0.81	$	0.61

Earnings Per Share – Diluted	$	0.81	$	0.61

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