EX-11 2 sigi-ex11_3312017xq1.htm EXHIBIT 11 Exhibit


Exhibit 11

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


First Quarter 2017
 
Income
(Numerator)
 
Shares
(Denominator)
 
Per Share
Amount
(in thousands, except per share amounts)
 
 
 
Basic Earnings Per Share ("EPS"):
 
 
 
 
 
 
Net income available to common stockholders
 
$
50,440

 
58,285

 
$
0.87

 
 
 
 
 
 
 
Effect of dilutive securities:
 
 
 
 
 
 
Stock compensation plans
 

 
863

 
 
 
 
 
 
 
 
 
Diluted EPS:
 
 
 
 
 
 
Net income available to common stockholders
 
$
50,440

 
59,148

 
$
0.85


First Quarter 2016
 
Income
(Numerator)
 
Shares
(Denominator)
 
Per Share
Amount
(in thousands, except per share amounts)
 
 
 
Basic EPS:
 
 
 
 
 
 
Net income available to common stockholders
 
$
37,032

 
57,675

 
$
0.64

 
 
 
 
 
 
 
Effect of dilutive securities:
 
 
 
 
 
 
Stock compensation plans
 

 
832

 
 
 
 
 
 
 
 
 
Diluted EPS:
 
 
 
 
 
 
Net income available to common stockholders
 
$
37,032

 
58,507

 
$
0.63