EX-99 6 exh11comp.htm COMPUTATION OF EARNINGS PER SHARE

Exhibit 11

 

American Safety Insurance Holdings, Ltd. and subsidiaries

Computation of Earnings Per Share

 

 

 

 

 

Three Months Ended

March 31,

 

 

 

2008

 

 

 

2007

 

Basic:

Earnings available to common

shareholders

$

6,021,172

$

7,092,100

 

 

Weighted average common shares

outstanding

 

10,695,706

 

10,555,849

 

 

 

Basic earnings per common share

$

0.56

$

0.67

 

 

Diluted:

Earnings available to common

Shareholders

$

6,021,172

$

7,092,100

 

 

Weighted average common shares

Outstanding

 

10,695,706

 

10,555,849

 

 

Weighted average common shares

equivalents associated with options

and restricted stock

 

    294,529

 

    375,090

 

 

Total weighted average common

shares for diluted purposes

 

10,990,235

 

10,930,939

 

 

Diluted earnings per common

Share

$

0.55

$

0.65

 

 

 

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