EX-11 2 sigi-ex116302019xq2.htm EXHIBIT 11
Exhibit 11
SELECTIVE INSURANCE GROUP, INC. AND CONSOLIDATED SUBSIDIARIES
COMPUTATION OF EARNINGS PER SHARE

Second 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 |  | $ | 72,266 |  |  | 59,410 |  |  | $ | 1.22 |
Effect of dilutive securities: |  |  |  |  |  |
Stock compensation plans |  | — |  |  | 526 |  |  |
Diluted EPS: |  |  |  |  |  |
Net income available to common stockholders |  | $ | 72,266 |  |  | 59,936 |  |  | $ | 1.21 |
Second Quarter 2018 |  | Income (Numerator) |  | Shares (Denominator) |  | Per Share Amount
(in thousands, except per share amounts) |  |  |
Basic 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 |
Six Months 2019 |  | Income (Numerator) |  | Shares (Denominator) |  | Per Share Amount
(in thousands, except per share amounts) |  |  |
Basic EPS: |  |  |  |  |  |
Net income available to common stockholders |  | $ | 133,614 |  |  | 59,332 |  |  | $ | 2.25 |
Effect of dilutive securities: |  |  |  |  |  |
Stock compensation plans |  | — |  |  | 574 |  |  |
Diluted EPS: |  |  |  |  |  |
Net income available to common stockholders |  | $ | 133,614 |  |  | 59,906 |  |  | $ | 2.23 |
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 |