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Filing tables
Filing exhibits
- 10-K Annual report
- 10.24 Executive Deferred Compensation Plan (2003 Amendment and Restatement)
- 10.34 Form of Executive Deferred Compensation Plan Time-based Restricted Stock
- 10.42 Fourth Amendment to Executive Deferred Compensation Trust
- 10.47 First Amendment to Director Restricted Stock Deferral Plan
- 10.53 Director Compensation Schedule for 2008 and 2009
- 11 Computation of Earnings Per Share
- 13 2008 Annual Report to Shareholders
- 21 Subsidiaries of the Progressive Corporation
- 24 Powers of Attorney
- 31.1 Section 302 CEO Certification
- 31.2 Section 302 CFO Certification
- 32.1 Section 906 CEO Certification
- 32.2 Section 906 CFO Certification
- 99 Letter to Shareholders from Glenn M. Renwick, President and CEO
Related press release
PGR similar filings
Filing view
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Exhibit 11
THE PROGRESSIVE CORPORATION
COMPUTATION OF EARNINGS PER SHARE
(millions—except per share amounts)
2008 | 2007 | 2006 | ||||||||||||||||||
Years Ended December 31, | Amount | Per Share | Amount | Per Share | Amount | Per Share | ||||||||||||||
Basic: | ||||||||||||||||||||
Net income (loss) | $ | (70.0 | ) | $ | (.10 | ) | $ | 1,182.5 | $ | 1.66 | $ | 1,647.5 | $ | 2.13 | ||||||
Average shares outstanding | 668.0 | 710.4 | 774.3 | |||||||||||||||||
Diluted: | ||||||||||||||||||||
Net income (loss)1 | $ | (70.0 | ) | $ | (.10 | ) | $ | 1,182.5 | $ | 1.65 | $ | 1,647.5 | $ | 2.10 | ||||||
Average shares outstanding | 668.0 | 710.4 | 774.3 | |||||||||||||||||
Net effect of dilutive stock-based compensation | 5.9 | 8.1 | 9.5 | |||||||||||||||||
Total | 673.9 | 718.5 | 783.8 | |||||||||||||||||
1 | Since we reported a net loss for 2008, the calculated diluted earnings per share was antidilutive; therefore, basic earnings per share is disclosed as our diluted per share amount for 2008. |