Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - NAVIGATORS GROUP INC | Financial_Report.xls |
| 10-Q - FORM 10-Q - NAVIGATORS GROUP INC | c03790e10vq.htm |
| EX-32.1 - EXHIBIT 32-1 - NAVIGATORS GROUP INC | c03790exv32w1.htm |
| EX-31.1 - EXHIBIT 31-1 - NAVIGATORS GROUP INC | c03790exv31w1.htm |
| EX-10.1 - EXHIBIT 10.1 - NAVIGATORS GROUP INC | c03790exv10w1.htm |
| EX-10.3 - EXHIBIT 10.3 - NAVIGATORS GROUP INC | c03790exv10w3.htm |
| EX-10.2 - EXHIBIT 10.2 - NAVIGATORS GROUP INC | c03790exv10w2.htm |
| EX-31.2 - EXHIBIT 31-2 - NAVIGATORS GROUP INC | c03790exv31w2.htm |
| EX-32.2 - EXHIBIT 32-2 - NAVIGATORS GROUP INC | c03790exv32w2.htm |
Exhibit 11-1
THE NAVIGATORS GROUP, INC. AND SUBSIDIARIES
COMPUTATION OF PER SHARE EARNINGS
Earnings Per Share of Common Stock and Common Stock Equivalents
($ and shares in thousands, except per share data)
($ and shares in thousands, except per share data)
| Three Months Ended | Six Months Ended | |||||||||||||||
| June 30, | June 30, | |||||||||||||||
| 2010 | 2009 | 2010 | 2009 | |||||||||||||
Net income applicable to common stock |
$ | 18,970 | $ | 23,650 | $ | 36,015 | $ | 35,650 | ||||||||
Average number of common shares outstanding |
16,100 | 16,938 | 16,369 | 16,910 | ||||||||||||
Net income per share — Basic |
$ | 1.18 | $ | 1.40 | $ | 2.20 | $ | 2.11 | ||||||||
Average number of common shares outstanding |
16,100 | 16,938 | 16,369 | 16,910 | ||||||||||||
Add: Assumed exercise of stock options and vesting
of stock grants |
322 | 55 | 317 | 100 | ||||||||||||
Common and common equivalent shares outstanding |
16,422 | 16,993 | 16,686 | 17,010 | ||||||||||||
Net income per share — Diluted |
$ | 1.16 | $ | 1.39 | $ | 2.16 | $ | 2.10 | ||||||||