EX-11 2 sigi-ex11_3312018xq1.htm EXHIBIT 11
Exhibit 11
SELECTIVE INSURANCE GROUP, INC. AND CONSOLIDATED SUBSIDIARIES
COMPUTATION OF EARNINGS PER SHARE

First Quarter 2018 |  | Income (Numerator) |  | Shares (Denominator) |  | Per Share Amount
(in thousands, except per share amounts) |  |  |
Basic Earnings Per Share ("EPS"): |  |  |  |  |  |
Net income available to common stockholders |  | $ | 18,925 |  |  | 58,805 |  |  | $ | 0.32 |
Effect of dilutive securities: |  |  |  |  |  |
Stock compensation plans |  | — |  |  | 758 |  |  |
Diluted EPS: |  |  |  |  |  |
Net income available to common stockholders |  | $ | 18,925 |  |  | 59,563 |  |  | $ | 0.32 |
First Quarter 2017 |  | Income (Numerator) |  | Shares (Denominator) |  | Per Share Amount
(in thousands, except per share amounts) |  |  |
Basic 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 |