EX-11 2 sigi-ex11_3312019xq1.htm EXHIBIT 11

Exhibit

Exhibit 11

SELECTIVE INSURANCE GROUP, INC. AND CONSOLIDATED SUBSIDIARIES

COMPUTATION OF EARNINGS PER SHARE

First Quarter 2019		Income (Numerator)				Shares (Denominator)			Per Share Amount
(in thousands, except per share amounts)
Basic Earnings Per Share ("EPS"):
Net income available to common stockholders		$	61,348			59,252			$	1.04
Effect of dilutive securities:
Stock compensation plans		—				624
Diluted EPS:
Net income available to common stockholders		$	61,348			59,876			$	1.02
First Quarter 2018		Income (Numerator)				Shares (Denominator)			Per Share Amount
(in thousands, except per share amounts)
Basic 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