Exhibit 11 American Safety Insurance Holdings, Ltd. and subsidiaries Computation of Earnings Per Share Three Months Ended Six Months Ended June 30, June 30, June 30, June 30, 2007 2006 2007 2006 Basic: Earnings available to common shareholders........................ $ 7,271,776 $ 4,627,134 $ 14,363,876 $ 8,728,133 ============ ============ ============== ============ Weighted average common shares outstanding......................... 10,605,700 7,106,393 10,580,917 6,935,489 Basic earnings per common shares ... $ 0.69 $ 0.65 $ 1.36 $ 1.26 ============ ============ =========== =========== Diluted: Earnings available to common shareholders.......................... $ 7,271,776 $ 4,627,134 $14,363,876 $ 8,728,133 ============= ============ ============ ============= Weighted average common shares outstanding............................ 10,605,708 7,106,393 10,580,917 6,935,489 Weighted average common shares equivalents associated with options.... 368,588 391,613 371,821 393,469 Total weighted average common shares................................. 10,974,296 7,498,006 10,952,738 7,328,958 ========== ========= ========== ========= Diluted earnings per common shares.............................. $ 0.66 $ 0.62 $ 1.31 $ 1.19 ============ =========== ============ ============
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10-Q Filing
American Safety Insurance Inactive 10-Q2007 Q2 Quarterly report
Filed: 9 Aug 07, 12:00am