EX-11 2 sigi-ex11_6302021xq2.htm EX-11
Exhibit 11
SELECTIVE INSURANCE GROUP, INC. AND CONSOLIDATED SUBSIDIARIES
COMPUTATION OF EARNINGS PER COMMON SHARE

Second 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 |  | $ | 119,583 |  |  | 60,164 |  |  | $ | 1.99 |
Effect of dilutive securities: |  |  |  |  |  |
Stock compensation plans |  | — |  |  | 330 |  |  |
Diluted EPS: |  |  |  |  |  |
Net income available to common stockholders |  | $ | 119,583 |  |  | 60,494 |  |  | $ | 1.98 |
Second Quarter 2020 |  | Income (Numerator) |  | Shares (Denominator) |  | Per Share Amount
(in thousands, except per share amounts) |  |  |
Basic EPS: |  |  |  |  |  |
Net income available to common stockholders |  | $ | 34,183 |  |  | 59,846 |  |  | $ | 0.57 |
Effect of dilutive securities: |  |  |  |  |  |
Stock compensation plans |  | — |  |  | 376 |  |  |
Diluted EPS: |  |  |  |  |  |
Net income available to common stockholders |  | $ | 34,183 |  |  | 60,222 |  |  | $ | 0.57 |
Six Months 2021 |  | Income (Numerator) |  | Shares (Denominator) |  | Per Share Amount
(in thousands, except per share amounts) |  |  |
Basic EPS: |  |  |  |  |  |
Net income available to common stockholders |  | $ | 226,400 |  |  | 60,126 |  |  | $ | 3.77 |
Effect of dilutive securities: |  |  |  |  |  |
Stock compensation plans |  | — |  |  | 352 |  |  |
Diluted EPS: |  |  |  |  |  |
Net income available to common stockholders |  | $ | 226,400 |  |  | 60,478 |  |  | $ | 3.74 |
Six Months 2020 |  | Income (Numerator) |  | Shares (Denominator) |  | Per Share Amount
(in thousands, except per share amounts) |  |  |
Basic EPS: |  |  |  |  |  |
Net income available to common stockholders |  | $ | 49,419 |  |  | 59,779 |  |  | $ | 0.83 |
Effect of dilutive securities: |  |  |  |  |  |
Stock compensation plans |  | — |  |  | 429 |  |  |
Diluted EPS: |  |  |  |  |  |
Net income available to common stockholders |  | $ | 49,419 |  |  | 60,208 |  |  | $ | 0.82 |