EX-11 4 heiexhibit1110k2020.htm EX-11

HEI Exhibit 11

 

Hawaiian Electric Industries, Inc.

COMPUTATION OF EARNINGS PER SHARE

OF COMMON STOCK

Years ended December 31, 2020, 2019, 2018, 2017 and 2016

 

(in thousands, except per share amounts)						2020						2019						2018						2017						2016
Net income for common stock						$	197,824					$	217,882					$	201,774					$	165,297					$	248,256
Weighted-average number of common shares outstanding						109,140						108,949						108,855						108,749						108,102
Adjusted weighted-average number of common shares outstanding						109,356						109,407						109,146						108,933						108,309
Basic earnings per common share						$	1.81					$	2.00					$	1.85					$	1.52					$	2.30
Diluted earnings per common share						$	1.81					$	1.99					$	1.85					$	1.52					$	2.29