Attached files
file | filename |
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10-Q - FORM 10-Q - HORACE MANN EDUCATORS CORP /DE/ | v420520_10q.htm |
EX-15 - EXHIBIT 15 - HORACE MANN EDUCATORS CORP /DE/ | v420520_ex15.htm |
EX-99.1 - EXHIBIT 99.1 - HORACE MANN EDUCATORS CORP /DE/ | v420520_ex99-1.htm |
EX-10.8 - EXHIBIT 10.8 - HORACE MANN EDUCATORS CORP /DE/ | v420520_ex10-8.htm |
EX-32.1 - CERTIFICATION - HORACE MANN EDUCATORS CORP /DE/ | v420520_ex32-1.htm |
EX-32.2 - CERTIFICATION - HORACE MANN EDUCATORS CORP /DE/ | v420520_ex32-2.htm |
EX-31.1 - CERTIFICATION - HORACE MANN EDUCATORS CORP /DE/ | v420520_ex31-1.htm |
EX-31.2 - CERTIFICATION - HORACE MANN EDUCATORS CORP /DE/ | v420520_ex31-2.htm |
EX-10.10A - EXHIBIT 10.10A - HORACE MANN EDUCATORS CORP /DE/ | v420520_ex10-10a.htm |
EX-10.11B - EXHIBIT 10.11B - HORACE MANN EDUCATORS CORP /DE/ | v420520_ex10-11b.htm |
Exhibit 11
Horace Mann Educators Corporation
Computation of Net Income per Share (Unaudited)
For the Three and Nine Months Ended September 30, 2015 and 2014
(Amounts in thousands, except per share data)
Three Months Ended | Nine Months Ended | |||||||||||||||
September 30, | September 30, | |||||||||||||||
2015 | 2014 | 2015 | 2014 | |||||||||||||
Basic: | ||||||||||||||||
Net income | $ | 21,984 | $ | 25,357 | $ | 72,442 | $ | 74,175 | ||||||||
Weighted average number of common shares during the period | 41,852 | 41,514 | 41,965 | 41,353 | ||||||||||||
Net income per share – basic | $ | 0.53 | $ | 0.61 | $ | 1.73 | $ | 1.79 | ||||||||
Diluted: | ||||||||||||||||
Net income | $ | 21,984 | $ | 25,357 | $ | 72,442 | $ | 74,175 | ||||||||
Weighted average number of common shares during the period | 41,852 | 41,514 | 41,965 | 41,353 | ||||||||||||
Weighted average number of common equivalent shares to reflect the dilutive effect of common stock equivalent securities: | ||||||||||||||||
Stock options | 154 | 150 | 149 | 148 | ||||||||||||
Common stock units related to deferred compensation for employees | 57 | 69 | 57 | 69 | ||||||||||||
Restricted common stock units related to incentive compensation | 242 | 586 | 191 | 585 | ||||||||||||
Total common and common equivalent shares adjusted to calculate diluted earnings per share | 42,305 | 42,319 | 42,362 | 42,155 | ||||||||||||
Net income per share – diluted | $ | 0.52 | $ | 0.60 | $ | 1.71 | $ | 1.76 |