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affirmative, annum, anticipated, Bellermann, classification, collateralized, County, created, daily, entirety, fluctuating, Interbank, London, Lunenburg, production, standby, sublimit, syndicate, Town
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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, | |||||||||||||||
| 2013 | 2012 | 2013 | 2012 | |||||||||||||
Net Income | $ | 0.6 | $ | 0.5 | $ | 11.3 | $ | 9.2 | ||||||||
Less: Dividend Requirements on Preferred Stock | — | — | — | 0.1 | ||||||||||||
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Net Income Applicable to Common Stock | $ | 0.6 | $ | 0.5 | $ | 11.3 | $ | 9.1 | ||||||||
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Weighted Average Number of Common Shares Outstanding – Basic (000’s) | 13,777 | 13,707 | 13,765 | 12,318 | ||||||||||||
Dilutive Effect of Stock Options and Restricted Stock (000’s) | 3 | 2 | 2 | 3 | ||||||||||||
Weighted Average Number of Common Shares Outstanding – Diluted (000’s) | 13,780 | 13,709 | 13,767 | 12,321 | ||||||||||||
Earnings Per Share – Basic and Diluted | $ | 0.04 | $ | 0.03 | $ | 0.82 | $ | 0.74 | ||||||||