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New words:
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Exhibit 11
SELECTIVE INSURANCE GROUP, INC. AND CONSOLIDATED SUBSIDIARIES
COMPUTATION OF EARNINGS PER SHARE
First Quarter 2015 | Income (Numerator) | Shares (Denominator) | Per Share Amount | ||||||||
(in thousands, except per share amounts) | |||||||||||
Basic Earnings Per Share ("EPS"): | |||||||||||
Net income available to common stockholders | $ | 39,708 | 56,801 | $ | 0.70 | ||||||
Effect of dilutive securities: | |||||||||||
Stock compensation plans | — | 919 | |||||||||
Diluted EPS: | |||||||||||
Net income available to common stockholders | $ | 39,708 | 57,720 | $ | 0.69 |
First Quarter 2014 | Income (Numerator) | Shares (Denominator) | Per Share Amount | ||||||||
(in thousands, except per share amounts) | |||||||||||
Basic EPS: | |||||||||||
Net income available to common stockholders | $ | 17,974 | 56,091 | $ | 0.32 | ||||||
Effect of dilutive securities: | |||||||||||
Stock compensation plans | — | 1,081 | |||||||||
Diluted EPS: | |||||||||||
Net income available to common stockholders | $ | 17,974 | 57,172 | $ | 0.31 |