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EX-99.1 - EXHIBIT 99.1 - HORACE MANN EDUCATORS CORP /DE/a93017ex991.htm
EX-32.2 - EXHIBIT 32.2 - HORACE MANN EDUCATORS CORP /DE/a93017ex322.htm
EX-32.1 - EXHIBIT 32.1 - HORACE MANN EDUCATORS CORP /DE/a93017ex321.htm
EX-31.2 - EXHIBIT 31.2 - HORACE MANN EDUCATORS CORP /DE/a93017ex312.htm
EX-31.1 - EXHIBIT 31.1 - HORACE MANN EDUCATORS CORP /DE/a93017ex311.htm
EX-15 - EXHIBIT 15 - HORACE MANN EDUCATORS CORP /DE/a93017ex15.htm
10-Q - 10-Q - HORACE MANN EDUCATORS CORP /DE/hm10-q93017.htm


Exhibit 11
 
Horace Mann Educators Corporation
Computation of Net Income per Share (Unaudited)
For the Three and Nine Months Ended September 30, 2017 and 2016
($ in thousands, except per share data)
 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2017
 
2016
 
2017
 
2016
Basic:
 
 

 
 

 
 
 
 
 
 
 
 
 
 
 
 
 
Net income
 
$
26,551

 
$
26,923

 
$
44,130

 
$
63,942

Weighted average number of common
shares during the period (in thousands)
 
41,433

 
41,092

 
41,337

 
41,155

 
 
 
 
 
 
 
 
 
Net income per share – basic
 
$
0.64

 
$
0.66

 
$
1.07

 
$
1.55

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Diluted:
 
 

 
 

 
 
 
 
 
 
 
 
 
 
 
 
 
Net income
 
$
26,551

 
$
26,923

 
$
44,130

 
$
63,942

Weighted average number of common
shares during the period
 
41,433

 
41,092

 
41,337

 
41,155

Weighted average number of common
equivalent shares to reflect the dilutive effect
of common stock equivalent securities:
 
 

 
 

 
 
 
 
Stock options
 
84

 
117

 
119

 
98

Common stock units related to deferred
compensation for employees
 
27

 
55

 
27

 
55

Restricted common stock units related
to incentive compensation
 
31

 
83

 
(16
)
 
78

Total common and common equivalent shares
adjusted to calculate diluted earnings per share
 
41,575

 
41,347

 
41,467

 
41,386

 
 
 
 
 
 
 
 
 
Net income per share – diluted
 
$
0.64

 
$
0.65

 
$
1.06

 
$
1.55