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10-Q - 10-Q - SELECTIVE INSURANCE GROUP INCsigi-6302018x10q.htm
EX-32.2 - EXHIBIT 32.2 - SELECTIVE INSURANCE GROUP INCsigi-ex322_6302018xq2.htm
EX-32.1 - EXHIBIT 32.1 - SELECTIVE INSURANCE GROUP INCsigi-ex321_6302018xq2.htm
EX-31.2 - EXHIBIT 31.2 - SELECTIVE INSURANCE GROUP INCsigi-ex312_6302018xq2.htm
EX-31.1 - EXHIBIT 31.1 - SELECTIVE INSURANCE GROUP INCsigi-ex311_6302018xq2.htm


Exhibit 11

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


Second Quarter 2018
 
Income
(Numerator)
 
Shares
(Denominator)
 
Per Share
Amount
(in thousands, except per share amounts)
 
 
 
Basic Earnings Per Share ("EPS"):
 
 
 
 
 
 
Net income available to common stockholders
 
$
58,819

 
58,926

 
$
1.00

 
 
 
 
 
 
 
Effect of dilutive securities:
 
 
 
 
 
 
Stock compensation plans
 

 
671

 
 
 
 
 
 
 
 
 
Diluted EPS:
 
 
 
 
 
 
Net income available to common stockholders
 
$
58,819

 
59,597

 
$
0.99

 
 
 
 
 
 
 
Second Quarter 2017
 
Income
(Numerator)
 
Shares
(Denominator)
 
Per Share
Amount
(in thousands, except per share amounts)
 
 
 
Basic EPS:
 
 
 
 
 
 
Net income available to common stockholders
 
$
41,426

 
58,441

 
$
0.71

 
 
 
 
 
 
 
Effect of dilutive securities:
 
 
 
 
 
 
Stock compensation plans
 

 
781

 
 
 
 
 
 
 
 
 
Diluted EPS:
 
 
 
 
 
 
Net income available to common stockholders
 
$
41,426

 
59,222

 
$
0.70

 
 
 
 
 
 
 
Six Months 2018
 
Income
(Numerator)
 
Shares
(Denominator)
 
Per Share
Amount
(in thousands, except per share amounts)
 
 
 
Basic EPS:
 
 
 
 
 
 
Net income available to common stockholders
 
$
77,744

 
58,866

 
$
1.32

 
 
 
 
 
 
 
Effect of dilutive securities:
 
 
 
 
 
 
Stock compensation plans
 

 
713

 
 
 
 
 
 
 
 
 
Diluted EPS:
 
 
 
 
 
 
Net income available to common stockholders
 
$
77,744

 
59,579

 
$
1.30

 
 
 
 
 
 
 
Six Months 2017
 
Income
(Numerator)
 
Shares
(Denominator)
 
Per Share
Amount
(in thousands, except per share amounts)
 
 
 
Basic EPS:
 
 
 
 
 
 
Net income available to common stockholders
 
$
91,866

 
58,363

 
$
1.57

 
 
 
 
 
 
 
Effect of dilutive securities:
 
 
 
 
 
 
Stock compensation plans
 

 
822

 
 
 
 
 
 
 
 
 
Diluted EPS:
 
 
 
 
 
 
Net income available to common stockholders
 
$
91,866

 
59,185

 
$
1.55