EX-11 5 sigi-ex11_9302021xq3.htm EX-11
Exhibit 11
SELECTIVE INSURANCE GROUP, INC. AND CONSOLIDATED SUBSIDIARIES
COMPUTATION OF EARNINGS PER COMMON SHARE

Third 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 |  | $ | 71,405 |  |  | 60,231 |  |  | $ | 1.19 |
Effect of dilutive securities: |  |  |  |  |  |
Stock compensation plans |  | — |  |  | 355 |  |  |
Diluted EPS: |  |  |  |  |  |
Net income available to common stockholders |  | $ | 71,405 |  |  | 60,586 |  |  | $ | 1.18 |
Third Quarter 2020 |  | Income (Numerator) |  | Shares (Denominator) |  | Per Share Amount
(in thousands, except per share amounts) |  |  |
Basic EPS: |  |  |  |  |  |
Net income available to common stockholders |  | $ | 69,875 |  |  | 59,934 |  |  | $ | 1.17 |
Effect of dilutive securities: |  |  |  |  |  |
Stock compensation plans |  | — |  |  | 420 |  |  |
Diluted EPS: |  |  |  |  |  |
Net income available to common stockholders |  | $ | 69,875 |  |  | 60,354 |  |  | $ | 1.16 |
Nine Months 2021 |  | Income (Numerator) |  | Shares (Denominator) |  | Per Share Amount
(in thousands, except per share amounts) |  |  |
Basic EPS: |  |  |  |  |  |
Net income available to common stockholders |  | $ | 297,805 |  |  | 60,161 |  |  | $ | 4.95 |
Effect of dilutive securities: |  |  |  |  |  |
Stock compensation plans |  | — |  |  | 348 |  |  |
Diluted EPS: |  |  |  |  |  |
Net income available to common stockholders |  | $ | 297,805 |  |  | 60,509 |  |  | $ | 4.92 |
Nine Months 2020 |  | Income (Numerator) |  | Shares (Denominator) |  | Per Share Amount
(in thousands, except per share amounts) |  |  |
Basic EPS: |  |  |  |  |  |
Net income available to common stockholders |  | $ | 119,294 |  |  | 59,831 |  |  | $ | 1.99 |
Effect of dilutive securities: |  |  |  |  |  |
Stock compensation plans |  | — |  |  | 428 |  |  |
Diluted EPS: |  |  |  |  |  |
Net income available to common stockholders |  | $ | 119,294 |  |  | 60,259 |  |  | $ | 1.98 |