v2.4.0.6
Earnings Per Share (Tables)
 3 Months Ended
Mar. 31, 2012
Earnings Per Share [Abstract]  
Schedule Of Computation Of Basic And Diluted Earnings Per Common Share
The following table sets forth the computation of basic and diluted earnings per common share:
 
 
 
 
 
 
 
Three months ended March 31,
2012
 
2011
 
 
(thousands of shares)
 
 
 
 
 
Numerator:
 
 
 
 
 
Net income (loss) available (attributable) to RenaissanceRe common shareholders
$
201,429

 
$
(248,033
)
 
 
Amount allocated to participating common shareholders (1)
(3,404
)
 
6,327

 
 
Net income (loss) allocated to RenaissanceRe common shareholders
$
198,025

 
$
(241,706
)
 
 
Denominator:
 
 
 
 
 
Denominator for basic income (loss) per RenaissanceRe common share - weighted average common shares
50,377

 
51,504

 
 
Per common share equivalents of employee stock options and restricted shares
604

 
—

 
 
Denominator for diluted income (loss) per RenaissanceRe common share - adjusted weighted average common shares and assumed conversions
50,981

 
51,504

 
 
Basic income (loss) per RenaissanceRe common share
$
3.93

 
$
(4.69
)
 
 
Diluted income (loss) per RenaissanceRe common share
$
3.88

 
$
(4.69
)
 
 
 
 
 
 
 
(1)
Represents earnings attributable to holders of unvested restricted shares issued under the Company’s 2001 Stock Incentive Plan and Non-Employee Director Stock Incentive Plan.