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EX-32.2 - EXHIBIT 32.2 - SELECTIVE INSURANCE GROUP INCsigi-ex322_6302015xq2.htm
EX-3.2 - EXHIBIT 3.2 - SELECTIVE INSURANCE GROUP INCsigi-ex32_6302015xq2.htm
EX-32.1 - EXHIBIT 32.1 - SELECTIVE INSURANCE GROUP INCsigi-ex321_6302015xq2.htm
EX-31.1 - EXHIBIT 31.1 - SELECTIVE INSURANCE GROUP INCsigi-ex311_6302015xq2.htm
EX-31.2 - EXHIBIT 31.2 - SELECTIVE INSURANCE GROUP INCsigi-ex312_6302015xq2.htm
10-Q - 10-Q - SELECTIVE INSURANCE GROUP INCsigi-6302015x10q.htm


Exhibit 11

SELECTIVE INSURANCE GROUP, INC. AND CONSOLIDATED SUBSIDIARIES
COMPUTATION OF EARNINGS PER SHARE


Second Quarter 2015
 
Income
(Numerator)
 
Shares
(Denominator)
 
Per Share
Amount
(in thousands, except per share amounts)
 
 
 
Basic Earnings Per Share ("EPS"):
 
 
 
 
 
 
Net income available to common stockholders
 
$
33,768

 
56,988

 
$
0.59

 
 
 
 
 
 
 
Effect of dilutive securities:
 
 
 
 
 
 
Stock compensation plans
 

 
817

 
 
 
 
 
 
 
 
 
Diluted EPS:
 
 
 
 
 
 
Net income available to common stockholders
 
$
33,768

 
57,805

 
$
0.58


Second Quarter 2014
 
Income
(Numerator)
 
Shares
(Denominator)
 
Per Share
Amount
(in thousands, except per share amounts)
 
 
 
Basic EPS:
 
 
 
 
 
 
Net income available to common stockholders
 
$
29,341

 
56,272

 
$
0.52

 
 
 
 
 
 
 
Effect of dilutive securities:
 
 
 
 
 
 
Stock compensation plans
 

 
988

 
 
 
 
 
 
 
 
 
Diluted EPS:
 
 
 
 
 
 
Net income available to common stockholders
 
$
29,341

 
57,260

 
$
0.51


Six Months Ended June 30, 2015
 
Income
(Numerator)
 
Shares
(Denominator)
 
Per Share
Amount
(in thousands, except per share amounts)
 
 
 
Basic EPS:
 
 
 
 
 
 
Net income available to common stockholders
 
$
73,476

 
56,895

 
$
1.29

 
 
 
 
 
 
 
Effect of dilutive securities:
 
 
 
 
 
 
Stock compensation plans
 

 
866

 
 
 
 
 
 
 
 
 
Diluted EPS:
 
 
 
 
 
 
Net income available to common stockholders
 
$
73,476

 
57,761

 
$
1.27



Six Months Ended June 30, 2014
 
Income
(Numerator)
 
Shares
(Denominator)
 
Per Share
Amount
(in thousands, except per share amounts)
 
 
 
Basic EPS:
 
 
 
 
 
 
Net income available to common stockholders
 
$
47,315

 
56,182

 
$
0.84

 
 
 
 
 
 
 
Effect of dilutive securities:
 
 
 
 
 
 
Stock compensation plans
 

 
1,033

 
 
 
 
 
 
 
 
 
Diluted EPS:
 
 
 
 
 
 
Net income available to common stockholders
 
$
47,315

 
57,215

 
$
0.83