EX-11 5 sigi-ex11_9302021xq3.htm EX-11 Document

Exhibit 11

SELECTIVE INSURANCE GROUP, INC. AND CONSOLIDATED SUBSIDIARIES
COMPUTATION OF EARNINGS PER COMMON SHARE

Third Quarter 2021Income
(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 2020Income
(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 2021Income
(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 2020Income
(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