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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2015
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
 
Six months ended
 
 
(thousands of shares)
June 30,
2015
 
June 30,
2014
 
June 30,
2015
 
June 30,
2014
 
 
Numerator:
 
 
 
 
 
 
 
 
 
Net income available to RenaissanceRe common shareholders
$
73,233

 
$
120,752

 
$
241,076

 
$
271,755

 
 
Amount allocated to participating common shareholders (1)
(819
)
 
(1,557
)
 
(2,781
)
 
(3,577
)
 
 
Net income allocated to RenaissanceRe common shareholders
$
72,414

 
$
119,195

 
$
238,295

 
$
268,178

 
 
Denominator:
 
 
 
 
 
 
 
 
 
Denominator for basic income per RenaissanceRe common share - weighted average common shares
45,303

 
39,736

 
42,467

 
40,487

 
 
Per common share equivalents of employee stock options and restricted shares
354

 
659

 
372

 
662

 
 
Denominator for diluted income per RenaissanceRe common share - adjusted weighted average common shares and assumed conversions
45,657

 
40,395

 
42,839

 
41,149

 
 
Net income available to RenaissanceRe common shareholders per common share – basic
$
1.60

 
$
3.00

 
$
5.61

 
$
6.62

 
 
Net income available to RenaissanceRe common shareholders per common share – diluted
$
1.59

 
$
2.95

 
$
5.56

 
$
6.52

 
 
 
 
 
 
 
 
 
 
 
(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.