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, | |||||||||||||||
| 2015 | 2014 | 2015 | 2014 | |||||||||||||
Net Income | $ | 1.7 | $ | 1.6 | $ | 17.0 | $ | 15.3 | ||||||||
Weighted Average Number of Common Shares Outstanding – Basic (000’s) | 13,922 | 13,848 | 13,909 | 13,835 | ||||||||||||
Dilutive Effect of Stock Options and Restricted Stock (000’s) | 3 | 3 | 3 | 3 | ||||||||||||
Weighted Average Number of Common Shares Outstanding – Diluted (000’s) | 13,925 | 13,851 | 13,912 | 13,838 | ||||||||||||
Earnings Per Share – Basic and Diluted | $ | 0.12 | $ | 0.11 | $ | 1.22 | $ | 1.10 | ||||||||
