Attached files
EXHIBIT 11
AMERICAN SAFETY INSURANCE HOLDINGS, LTD.
COMPUTATION OF EARNINGS PER SHARE
(dollars in thousands except per share data)
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For the Years Ended December 31,
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2009
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2008
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2007
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Basic:
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Earnings available to common Shareholders
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$ | 24,325 | $ | 310 | $ | 28,192 | ||||||
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Weighted average common shares outstanding
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10,307,592 | 10,459,161 | 10,648,408 | |||||||||
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Basic earnings per common share
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$ | 2.36 | $ | 0.03 | $ | 2.65 | ||||||
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Diluted:
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Earnings available to common Shareholders
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$ | 24,325 | $ | 310 | $ | 28,192 | ||||||
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Weighted average common shares outstanding
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10,307,592 | 10,459,161 | 10,648,408 | |||||||||
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Weighted average common shares attributable to stock options and restricted stock
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250,159 | 226,772 | 348,798 | |||||||||
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Total weighted average common shares
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10,557,751 | 10,685,933 | 10,997,206 | |||||||||
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Diluted earnings per common share
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$ | 2.30 | $ | 0.03 | $ | 2.56 | ||||||