SELECTIVE INSURANCE GROUP INC Earnings Per Share Disclosure
| ($ in thousands, except per share amounts) | 2025 | 2024 | 2023 | |||||||||||||||||
| Net income available to common stockholders: | $ | 457,211 | 197,812 | 356,038 | ||||||||||||||||
| Weighted average common shares outstanding: | ||||||||||||||||||||
| Weighted average common shares outstanding - basic | 60,621 | 60,869 | 60,631 | |||||||||||||||||
| Effect of dilutive securities - stock compensation plans | 437 | 405 | 338 | |||||||||||||||||
| Weighted average common shares outstanding - diluted | 61,058 | 61,274 | 60,969 | |||||||||||||||||
| EPS: | ||||||||||||||||||||
| Basic | $ | 7.54 | 3.25 | 5.87 | ||||||||||||||||
| Diluted | 7.49 | 3.23 | 5.84 | |||||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 9, 2026 | Showing above |
| 2024 | Feb 10, 2025 | |
| 2023 | Feb 9, 2024 | |
| 2022 | Feb 10, 2023 | |
| 2021 | Feb 11, 2022 | |
| 2020 | Feb 12, 2021 | |
| 2019 | Feb 12, 2020 | |
| 2018 | Feb 15, 2019 | |
| 2017 | Feb 20, 2018 | |
| 2016 | Feb 22, 2017 | |
| 2015 | Feb 24, 2016 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.