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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 June 30, | Six Months Ended June 30, | |||||||||||||||
2014 | 2013 | 2014 | 2013 | |||||||||||||
Net Income (Loss) | $ | 1.1 | $ | (0.1 | ) | $ | 13.7 | $ | 10.7 | |||||||
Weighted Average Number of Common Shares Outstanding – Basic (000’s) | 13,837 | 13,768 | 13,828 | 13,758 | ||||||||||||
Dilutive Effect of Stock Options and Restricted Stock (000’s) | 5 | — | 4 | 2 | ||||||||||||
Weighted Average Number of Common Shares Outstanding – Diluted (000’s) | 13,842 | 13,768 | 13,832 | 13,760 | ||||||||||||
Earnings Per Share – Basic and Diluted | $ | 0.08 | $ | (0.01 | ) | $ | 0.99 | $ | 0.78 |