Attached files

file filename
EX-10.20 - EX-10.20 - UNITIL CORPd262254dex1020.htm
10-K - FORM 10-K - UNITIL CORPd262254d10k.htm
EX-99.1 - EX-99.1 - UNITIL CORPd262254dex991.htm
EX-32.1 - EX-32.1 - UNITIL CORPd262254dex321.htm
EX-31.3 - EX-31.3 - UNITIL CORPd262254dex313.htm
EX-31.2 - EX-31.2 - UNITIL CORPd262254dex312.htm
EX-31.1 - EX-31.1 - UNITIL CORPd262254dex311.htm
EX-23.1 - EX-23.1 - UNITIL CORPd262254dex231.htm
EX-21.1 - EX-21.1 - UNITIL CORPd262254dex211.htm
EX-12.1 - EX-12.1 - UNITIL CORPd262254dex121.htm

Exhibit 11.1

 

UNITIL CORPORATION

 

COMPUTATION IN SUPPORT OF EARNINGS PER SHARE

 

     Year Ended December 31,  
     2016      2015      2014  

EARNINGS PER SHARE (000’s, except per share data)

        

Net Income

   $ 27,124       $ 26,264       $ 24,758   

Less: Dividend Requirements on Preferred Stock

     11         12         14   
  

 

 

    

 

 

    

 

 

 

Net Income Applicable to Common Stock

   $ 27,113       $ 26,252       $ 24,744   
  

 

 

    

 

 

    

 

 

 

Average Number of Common Shares Outstanding—Basic

     13,990         13,917         13,843   

Dilutive Effect of Stock Options and Restricted Stock

     6         3         4   

Average Number of Common Shares Outstanding—Diluted

     13,996         13,920         13,847   

Earnings Per Share—Basic

   $ 1.94       $ 1.89       $ 1.79   

Earnings Per Share—Diluted

   $ 1.94       $ 1.89       $ 1.79