Attached files
file | filename |
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EX-32.2 - EX-32.2 - NAVIGATORS GROUP INC | d846003dex322.htm |
EX-31.1 - EX-31.1 - NAVIGATORS GROUP INC | d846003dex311.htm |
EX-31.2 - EX-31.2 - NAVIGATORS GROUP INC | d846003dex312.htm |
EX-23.1 - EX-23.1 - NAVIGATORS GROUP INC | d846003dex231.htm |
EX-32.1 - EX-32.1 - NAVIGATORS GROUP INC | d846003dex321.htm |
EX-21.1 - EX-21.1 - NAVIGATORS GROUP INC | d846003dex211.htm |
EX-10.17 - EX-10.17 - NAVIGATORS GROUP INC | d846003dex1017.htm |
EXCEL - IDEA: XBRL DOCUMENT - NAVIGATORS GROUP INC | Financial_Report.xls |
10-K - FORM 10-K - NAVIGATORS GROUP INC | d846003d10k.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
Year Ended December 31, | ||||||||||||
In thousands, except share and per share amounts |
2014 | 2013 | 2012 | |||||||||
Net income |
$ | 95,329 | $ | 63,466 | $ | 63,762 | ||||||
Basic weighted average shares |
14,259,768 | 14,133,925 | 14,052,311 | |||||||||
Effect of common stock equivalents: |
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Assumed exercise of stock options and vesting of stock grants |
386,601 | 211,628 | 275,509 | |||||||||
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Diluted weighted average shares |
14,646,369 | 14,345,553 | 14,327,820 | |||||||||
Net income per common share: |
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Basic |
$ | 6.69 | $ | 4.49 | $ | 4.54 | ||||||
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Diluted |
$ | 6.51 | $ | 4.42 | $ | 4.45 | ||||||
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