Attached files
| file | filename |
|---|---|
| 10-Q - FORM 10-Q - NAVIGATORS GROUP INC | c98465e10vq.htm |
| EX-31.2 - EXHIBIT 31.2 - NAVIGATORS GROUP INC | c98465exv31w2.htm |
| EX-31.1 - EXHIBIT 31.1 - NAVIGATORS GROUP INC | c98465exv31w1.htm |
| EX-32.2 - EXHIBIT 32.2 - NAVIGATORS GROUP INC | c98465exv32w2.htm |
| EX-32.1 - EXHIBIT 32.1 - NAVIGATORS GROUP INC | c98465exv32w1.htm |
Exhibit 11-1
THE NAVIGATORS GROUP, INC. AND SUBSIDIARIES
COMPUTATION OF PER SHARE EARNINGS
Earnings Per Share of Common Stock and Common Stock Equivalents
($ and shares in thousands, except per share data)
($ and shares in thousands, except per share data)
| March 31, | December 31, | |||||||
| 2010 | 2009 | |||||||
Net income applicable to common stock |
$ | 17,045 | $ | 63,158 | ||||
Average number of common shares outstanding |
16,641 | 16,935 | ||||||
Net income per share — Basic |
$ | 1.02 | $ | 3.73 | ||||
Average number of common shares outstanding |
16,641 | 16,935 | ||||||
Add: Assumed exercise of stock options and vesting of stock grants |
338 | 387 | ||||||
Common and common equivalent shares outstanding |
16,979 | 17,322 | ||||||
Net income per share — Diluted |
$ | 1.00 | $ | 3.65 | ||||
77