EX-11 2 sigi-ex11_3312015xq1.htm EXHIBIT 11
Exhibit 11
SELECTIVE INSURANCE GROUP, INC. AND CONSOLIDATED SUBSIDIARIES
COMPUTATION OF EARNINGS PER SHARE

First Quarter 2015 |  | Income (Numerator) |  | Shares (Denominator) |  | Per Share Amount
(in thousands, except per share amounts) |  |  |
Basic Earnings Per Share ("EPS"): |  |  |  |  |  |
Net income available to common stockholders |  | $ | 39,708 |  |  | 56,801 |  |  | $ | 0.70 |
Effect of dilutive securities: |  |  |  |  |  |
Stock compensation plans |  | — |  |  | 919 |  |  |
Diluted EPS: |  |  |  |  |  |
Net income available to common stockholders |  | $ | 39,708 |  |  | 57,720 |  |  | $ | 0.69 |

First Quarter 2014 |  | Income (Numerator) |  | Shares (Denominator) |  | Per Share Amount
(in thousands, except per share amounts) |  |  |
Basic EPS: |  |  |  |  |  |
Net income available to common stockholders |  | $ | 17,974 |  |  | 56,091 |  |  | $ | 0.32 |
Effect of dilutive securities: |  |  |  |  |  |
Stock compensation plans |  | — |  |  | 1,081 |  |  |
Diluted EPS: |  |  |  |  |  |
Net income available to common stockholders |  | $ | 17,974 |  |  | 57,172 |  |  | $ | 0.31 |