Attached files
Exhibit 11
American Safety Insurance Holdings, Ltd. and subsidiaries
Computation of Earnings Per Share
Three Months Ended
June 30,
|
Six Months Ended
June 30,
|
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2010
|
2009
|
2010
|
2009
|
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Basic:
Earnings available to common shareholders
|
$ | 6,163 | $ | 6,919 | $ | 12,670 | $ | 12,464 | ||||||||
Weighted average common shares
outstanding
|
10,246,100 | 10,302,511 | 10,288,718 | 10,294,390 | ||||||||||||
Basic earnings per common share
|
$ | 0.60 | $ | 0.67 | $ | 1.23 | $ | 1.21 | ||||||||
Diluted:
Earnings (loss) available to common Shareholders
|
$ | 6,163 | $ | 6,919 | $ | 12,670 | $ | 12,464 | ||||||||
Weighted average common shares
Outstanding
|
10,246,100 | 10,302,511 | 10,288,718 | 10,294,390 | ||||||||||||
Weighted average common shares
equivalents associated with options and restricted stock
|
343,609 | 221,000 | 328,238 | 221,001 | ||||||||||||
Total weighted average common
shares for diluted purposes
|
10,589,708 | 10,523,511 | 10,616,956 | 10,515,391 | ||||||||||||
Diluted earnings per common
Share
|
$ | 0.58 | $ | 0.66 | $ | 1.19 | $ | 1.19 |