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Earnings Per Share
6 Months Ended
Jun. 30, 2011
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
11.   EARNINGS PER SHARE
 
The following table sets forth the comparison of basic and diluted earnings per share for the three and six-month periods ended June 30, 2011 and 2010:
 
                                 
    Three Months Ended June 30,     Six Months Ended June 30,  
    2011     2010     2011     2010  
 
Basic earnings per share:
                               
Net earnings attributable to Enstar Group Limited
  $ 9,375     $ 12,430     $ 12,878     $ 28,351  
Weighted average shares outstanding — basic
    13,999,179       13,702,832       13,475,418       13,661,516  
                                 
Earnings per share attributable to Enstar Group Limited — basic
  $ 0.67     $ 0.91     $ 0.96     $ 2.08  
                                 
Diluted earnings per share:
                               
Net earnings attributable to Enstar Group Limited
  $ 9,375     $ 12,430     $ 12,878     $ 28,351  
Weighted average shares outstanding — basic
    13,999,179       13,702,832       13,475,418       13,661,516  
Share equivalents:
                               
Unvested shares
    203,930       154,088       189,289       97,018  
Restricted share units
    17,106       16,059       17,297       15,233  
Options
    65,470       146,510       73,619       151,784  
                                 
Weighted average shares outstanding — diluted
    14,285,685       14,019,489       13,755,623       13,925,551  
                                 
Earnings per share attributable to Enstar Group Limited — diluted
  $ 0.66     $ 0.89     $ 0.94     $ 2.04