EX-11 2 sigi-ex11_6302018xq2.htm EXHIBIT 11
Exhibit 11
SELECTIVE INSURANCE GROUP, INC. AND CONSOLIDATED SUBSIDIARIES
COMPUTATION OF EARNINGS PER SHARE

Second 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 |  | $ | 58,819 |  |  | 58,926 |  |  | $ | 1.00 |
Effect of dilutive securities: |  |  |  |  |  |
Stock compensation plans |  | — |  |  | 671 |  |  |
Diluted EPS: |  |  |  |  |  |
Net income available to common stockholders |  | $ | 58,819 |  |  | 59,597 |  |  | $ | 0.99 |
Second Quarter 2017 |  | Income (Numerator) |  | Shares (Denominator) |  | Per Share Amount
(in thousands, except per share amounts) |  |  |
Basic EPS: |  |  |  |  |  |
Net income available to common stockholders |  | $ | 41,426 |  |  | 58,441 |  |  | $ | 0.71 |
Effect of dilutive securities: |  |  |  |  |  |
Stock compensation plans |  | — |  |  | 781 |  |  |
Diluted EPS: |  |  |  |  |  |
Net income available to common stockholders |  | $ | 41,426 |  |  | 59,222 |  |  | $ | 0.70 |
Six Months 2018 |  | Income (Numerator) |  | Shares (Denominator) |  | Per Share Amount
(in thousands, except per share amounts) |  |  |
Basic EPS: |  |  |  |  |  |
Net income available to common stockholders |  | $ | 77,744 |  |  | 58,866 |  |  | $ | 1.32 |
Effect of dilutive securities: |  |  |  |  |  |
Stock compensation plans |  | — |  |  | 713 |  |  |
Diluted EPS: |  |  |  |  |  |
Net income available to common stockholders |  | $ | 77,744 |  |  | 59,579 |  |  | $ | 1.30 |
Six Months 2017 |  | Income (Numerator) |  | Shares (Denominator) |  | Per Share Amount
(in thousands, except per share amounts) |  |  |
Basic EPS: |  |  |  |  |  |
Net income available to common stockholders |  | $ | 91,866 |  |  | 58,363 |  |  | $ | 1.57 |
Effect of dilutive securities: |  |  |  |  |  |
Stock compensation plans |  | — |  |  | 822 |  |  |
Diluted EPS: |  |  |  |  |  |
Net income available to common stockholders |  | $ | 91,866 |  |  | 59,185 |  |  | $ | 1.55 |