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New words:
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Filing tables
Filing exhibits
- 10-K Annual report
- 4.19 Exhibit 4.19
- 10.5 Exhibit 10.5
- 10.10 Exhibit 10.10
- 10.14 Exhibit 10.14
- 10.15 Exhibit 10.15
- 10.37 Exhibit 10.37
- 10.53 Exhibit 10.53
- 10.77 Exhibit 10.77
- 10.84 Exhibit 10.84
- 10.90 Exhibit 10.90
- 11 Exhibit 11
- 13 Exhibit 13
- 21 Exhibit 21
- 24 Exhibit 24
- 31.1 Exhibit 31.1
- 31.2 Exhibit 31.2
- 32.1 Exhibit 32.1
- 32.2 Exhibit 32.2
- 99 Exhibit 99
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Exhibit 11
THE PROGRESSIVE CORPORATION | ||||||||||||
COMPUTATION OF EARNINGS PER SHARE | ||||||||||||
(millions - except per share amounts) | ||||||||||||
Years Ended December 31, | ||||||||||||
2015 | 2014 | 2013 | ||||||||||
Net Income attributable to Progressive | $ | 1,267.6 | $ | 1,281.0 | $ | 1,165.4 | ||||||
Computation of Net Income Per Share | ||||||||||||
Average shares outstanding - Basic | 585.5 | 590.6 | 599.1 | |||||||||
Net effect of dilutive stock-based compensation | 3.7 | 4.2 | 4.5 | |||||||||
Total equivalent shares - Diluted | 589.2 | 594.8 | 603.6 | |||||||||
Basic: Net income per share | $ | 2.16 | $ | 2.17 | $ | 1.95 | ||||||
Diluted: Net income per share | $ | 2.15 | $ | 2.15 | $ | 1.93 |