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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, | |||||||||||||||
2020 | 2019 | 2020 | 2019 | |||||||||||||
Net Income | $ | 0.3 | $ | 2.3 | $ | 18.6 | $ | 32.8 | ||||||||
Weighted Average Number of Common Shares Outstanding – Basic (000’s) | 14,954 | 14,898 | 14,946 | 14,889 | ||||||||||||
Dilutive Effect of Restricted Stock (000’s) | 0 | 8 | 1 | 6 | ||||||||||||
Weighted Average Number of Common Shares Outstanding – Diluted (000’s) | 14,954 | 14,906 | 14,947 | 14,895 | ||||||||||||
Earnings Per Share – Basic and Diluted | $ | 0.02 | $ | 0.15 | $ | 1.25 | $ | 2.20 |