Attached files

file filename
EX-10.11(B) - EXHIBIT 10.11(B) - HORACE MANN EDUCATORS CORP /DE/hm63017ex1011b.htm
EX-10.10(A) - EXHIBIT 10.10(A) - HORACE MANN EDUCATORS CORP /DE/hm63017ex1010a.htm
EX-10.9(A) - EXHIBIT 10.9(A) - HORACE MANN EDUCATORS CORP /DE/hm63017ex109a.htm
EX-31.1 - EXHIBIT 31.1 - HORACE MANN EDUCATORS CORP /DE/hm63017ex311.htm
EX-32.1 - EXHIBIT 32.1 - HORACE MANN EDUCATORS CORP /DE/hm63017ex321.htm
EX-99.1 - EXHIBIT 99.1 - HORACE MANN EDUCATORS CORP /DE/hm63017ex991.htm
EX-10.7 - EXHIBIT 10.7 - HORACE MANN EDUCATORS CORP /DE/hm63017ex107.htm
EX-32.2 - EXHIBIT 32.2 - HORACE MANN EDUCATORS CORP /DE/hm63017ex322.htm
EX-31.2 - EXHIBIT 31.2 - HORACE MANN EDUCATORS CORP /DE/hm63017ex312.htm
10-Q - 10-Q - HORACE MANN EDUCATORS CORP /DE/hm6301710-q.htm
EX-15 - EXHIBIT 15 - HORACE MANN EDUCATORS CORP /DE/hm63017ex15.htm


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

 
 

 
 
 
 
 
 
 
 
 
 
 
 
 
Net income
 
$
2,261

 
$
11,866

 
$
17,579

 
$
37,019

Weighted average number of common
   shares during the period
 
41,368

 
41,082

 
41,268

 
41,200

 
 
 
 
 
 
 
 
 
Net income per share – basic
 
$
0.05

 
$
0.29

 
$
0.43

 
$
0.90

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Diluted:
 
 

 
 

 
 
 
 
 
 
 
 
 
 
 
 
 
Net income
 
$
2,261

 
$
11,866

 
$
17,579

 
$
37,019

Weighted average number of common
   shares during the period
 
41,368

 
41,082

 
41,268

 
41,200

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

 
 

 
 
 
 
Stock options
 
123

 
101

 
142

 
97

Common stock units related to deferred
   compensation for employees
 
29

 
56

 
29

 
56

Restricted common stock units related
   to incentive compensation
 
(27
)
 
75

 
(23
)
 
63

Total common and common equivalent shares
   adjusted to calculate diluted earnings per share
 
41,493

 
41,314

 
41,416

 
41,416

 
 
 
 
 
 
 
 
 
Net income per share – diluted
 
$
0.05

 
$
0.29

 
$
0.42

 
$
0.89