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, | |||||||||||||||
| 2017 | 2016 | 2017 | 2016 | |||||||||||||
Net Income | $ | 3.1 | $ | 2.5 | $ | 15.5 | $ | 13.4 | ||||||||
Weighted Average Number of Common Shares Outstanding – Basic (000’s) | 14,060 | 13,985 | 14,051 | 13,976 | ||||||||||||
Dilutive Effect of Stock Options and Restricted Stock (000’s) | 7 | 6 | 6 | 6 | ||||||||||||
Weighted Average Number of Common Shares Outstanding – Diluted (000’s) | 14,067 | 13,991 | 14,057 | 13,982 | ||||||||||||
Earnings Per Share – Basic and Diluted | $ | 0.23 | $ | 0.18 | $ | 1.11 | $ | 0.96 | ||||||||
