Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - NAVIGATORS GROUP INC | Financial_Report.xls |
| EX-31.2 - EXHIBIT 31-2 - NAVIGATORS GROUP INC | c15441exv31w2.htm |
| EX-32.2 - EXHIBIT 32-2 - NAVIGATORS GROUP INC | c15441exv32w2.htm |
| EX-32.1 - EXHIBIT 32-1 - NAVIGATORS GROUP INC | c15441exv32w1.htm |
| EX-31.1 - EXHIBIT 31-1 - NAVIGATORS GROUP INC | c15441exv31w1.htm |
| 10-Q - FORM 10-Q - NAVIGATORS GROUP INC | c15441e10vq.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)
| Three Months Ended | ||||||||
| March 31, | ||||||||
| 2011 | 2010 | |||||||
Net income applicable to common stock |
$ | (7,893 | ) | $ | 17,045 | |||
Average number of common shares outstanding |
15,739 | 16,641 | ||||||
Net income per share — Basic |
$ | (0.50 | ) | $ | 1.02 | |||
Average number of common shares outstanding |
15,739 | 16,641 | ||||||
Add: Assumed exercise of stock options and vesting
of stock grants |
— | 338 | ||||||
Common and common equivalent shares outstanding |
15,739 | 16,979 | ||||||
Net income per share — Diluted |
$ | (0.50 | ) | $ | 1.00 | |||