Exhibit 11
SELECTIVE INSURANCE GROUP, INC. AND CONSOLIDATED SUBSIDIARIES
COMPUTATION OF EARNINGS PER SHARE
Second Quarter 2017 | Income (Numerator) | Shares (Denominator) | Per Share Amount | ||||||||
(in thousands, except per share amounts) | |||||||||||
Basic Earnings Per Share ("EPS"): | |||||||||||
Net income available to common stockholders | $ | 41,426 | 58,441 | $ | 0.71 | ||||||
Effect of dilutive securities: | |||||||||||
Stock compensation plans | — | 781 | |||||||||
Diluted EPS: | |||||||||||
Net income available to common stockholders | $ | 41,426 | 59,222 | $ | 0.70 |
Second Quarter 2016 | Income (Numerator) | Shares (Denominator) | Per Share Amount | ||||||||
(in thousands, except per share amounts) | |||||||||||
Basic EPS: | |||||||||||
Net income available to common stockholders | $ | 43,601 | 57,861 | $ | 0.75 | ||||||
Effect of dilutive securities: | |||||||||||
Stock compensation plans | — | 737 | |||||||||
Diluted EPS: | |||||||||||
Net income available to common stockholders | $ | 43,601 | 58,598 | $ | 0.74 |
Six Months 2017 | Income (Numerator) | Shares (Denominator) | Per Share Amount | ||||||||
(in thousands, except per share amounts) | |||||||||||
Basic EPS: | |||||||||||
Net income available to common stockholders | $ | 91,866 | 58,363 | $ | 1.57 | ||||||
Effect of dilutive securities: | |||||||||||
Stock compensation plans | — | 822 | |||||||||
Diluted EPS: | |||||||||||
Net income available to common stockholders | $ | 91,866 | 59,185 | $ | 1.55 |
Six Months 2016 | Income (Numerator) | Shares (Denominator) | Per Share Amount | ||||||||
(in thousands, except per share amounts) | |||||||||||
Basic EPS: | |||||||||||
Net income available to common stockholders | $ | 80,633 | 57,768 | $ | 1.40 | ||||||
Effect of dilutive securities: | |||||||||||
Stock compensation plans | — | 784 | |||||||||
Diluted EPS: | |||||||||||
Net income available to common stockholders | $ | 80,633 | 58,552 | $ | 1.38 |