EX-11 3 sigi-ex11_3312021xq1.htm EX-11
Exhibit 11
SELECTIVE INSURANCE GROUP, INC. AND CONSOLIDATED SUBSIDIARIES
COMPUTATION OF EARNINGS PER COMMON SHARE

First Quarter 2021 |  | Income (Numerator) |  | Shares (Denominator) |  | Per Share Amount
(in thousands, except per share amounts) |  |  |
Basic Earnings Per Common Share ("EPS"): |  |  |  |  |  |
Net income available to common stockholders |  | $ | 106,817 |  |  | 60,087 |  |  | $ | 1.78 |
Effect of dilutive securities: |  |  |  |  |  |
Stock compensation plans |  | — |  |  | 378 |  |  |
Diluted EPS: |  |  |  |  |  |
Net income available to common stockholders |  | $ | 106,817 |  |  | 60,465 |  |  | $ | 1.77 |
First Quarter 2020 |  | Income (Numerator) |  | Shares (Denominator) |  | Per Share Amount
(in thousands, except per share amounts) |  |  |
Basic EPS: |  |  |  |  |  |
Net income available to common stockholders |  | $ | 15,236 |  |  | 59,712 |  |  | $ | 0.26 |
Effect of dilutive securities: |  |  |  |  |  |
Stock compensation plans |  | — |  |  | 495 |  |  |
Diluted EPS: |  |  |  |  |  |
Net income available to common stockholders |  | $ | 15,236 |  |  | 60,207 |  |  | $ | 0.25 |