Attached files
file | filename |
---|---|
EX-99.1 - EX-99.1 - HORACE MANN EDUCATORS CORP /DE/ | q32020ex991-glossaryof.htm |
EX-32.2 - EX-32.2 - HORACE MANN EDUCATORS CORP /DE/ | a93020ex322.htm |
EX-32.1 - EX-32.1 - HORACE MANN EDUCATORS CORP /DE/ | a93020ex321.htm |
EX-31.2 - EX-31.2 - HORACE MANN EDUCATORS CORP /DE/ | a93020ex312.htm |
EX-31.1 - EX-31.1 - HORACE MANN EDUCATORS CORP /DE/ | a93020ex311.htm |
EX-15 - EX-15 - HORACE MANN EDUCATORS CORP /DE/ | a93020ex15.htm |
10-Q - 10-Q - HORACE MANN EDUCATORS CORP /DE/ | hmn-20200930.htm |
Exhibit 11
Horace Mann Educators Corporation
Computation of Net Income per Share (Unaudited)
For the Three and Nine Months Ended September 30, 2020 and 2019
($ in thousands, except per share data)
Three Months Ended September 30, | Nine Months Ended September 30, | |||||||||||||||||||||||||
2020 | 2019 | 2020 | 2019 | |||||||||||||||||||||||
Basic: | ||||||||||||||||||||||||||
Net income | $ | 36,474 | $ | 25,454 | $ | 85,524 | $ | 151,442 | ||||||||||||||||||
Weighted average number of common shares during the period (in thousands) | 41,916 | 41,785 | 41,865 | 41,715 | ||||||||||||||||||||||
Net income per share – basic | $ | 0.87 | $ | 0.61 | $ | 2.04 | $ | 3.63 | ||||||||||||||||||
Diluted: | ||||||||||||||||||||||||||
Net income | $ | 36,474 | $ | 25,454 | $ | 85,524 | $ | 151,442 | ||||||||||||||||||
Weighted average number of common shares during the period | 41,916 | 41,785 | 41,865 | 41,715 | ||||||||||||||||||||||
Weighted average number of common equivalent shares to reflect the dilutive effect of common stock equivalent securities: | ||||||||||||||||||||||||||
Stock options | 33 | 100 | 45 | 80 | ||||||||||||||||||||||
Common stock units related to deferred compensation for employees | — | — | — | |||||||||||||||||||||||
Restricted common stock units related to incentive compensation | 109 | 145 | 103 | 116 | ||||||||||||||||||||||
Total common and common equivalent shares adjusted to calculate diluted earnings per share | 42,058 | 42,030 | 42,013 | 41,911 | ||||||||||||||||||||||
Net income per share – diluted | $ | 0.87 | $ | 0.60 | $ | 2.03 | $ | 3.61 |