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EX-99.1 - EXHIBIT 99.1 - HORACE MANN EDUCATORS CORP /DE/q32018ex991glossaryoft.htm
EX-32.2 - EXHIBIT 32.2 - HORACE MANN EDUCATORS CORP /DE/a93018ex322.htm
EX-32.1 - EXHIBIT 32.1 - HORACE MANN EDUCATORS CORP /DE/a93018ex321.htm
EX-31.2 - EXHIBIT 31.2 - HORACE MANN EDUCATORS CORP /DE/a93018ex312.htm
EX-31.1 - EXHIBIT 31.1 - HORACE MANN EDUCATORS CORP /DE/a93018ex311.htm
EX-15 - EXHIBIT 15 - HORACE MANN EDUCATORS CORP /DE/a93018ex15.htm
10-Q - 10-Q - HORACE MANN EDUCATORS CORP /DE/hm10-q93018.htm


Exhibit 11
 
Horace Mann Educators Corporation
Computation of Net Income per Share (Unaudited)
For the Three and Nine Months Ended September 30, 2018 and 2017
($ in thousands, except per share data)
 
 
 
Three Months Ended
September 30,
 
Nine Months Ended September 30,
 
 
2018
 
2017
 
2018
 
2017
Basic:
 
 

 
 

 
 
 
 
 
 
 
 
 
 
 
 
 
Net income
 
$
12,528

 
$
26,551

 
$
38,600

 
$
44,130

Weighted average number of common
shares during the period (in thousands)
 
41,683

 
41,433

 
41,586

 
41,337

 
 
 
 
 
 
 
 
 
Net income per share – basic
 
$
0.30

 
$
0.64

 
$
0.93

 
$
1.07

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Diluted:
 
 

 
 

 
 
 
 
 
 
 
 
 
 
 
 
 
Net income
 
$
12,528

 
$
26,551

 
$
38,600

 
$
44,130

Weighted average number of common
shares during the period
 
41,683

 
41,433

 
41,586

 
41,337

Weighted average number of common
equivalent shares to reflect the dilutive effect
of common stock equivalent securities:
 
 
 
 
 
 
 
 
Stock options
 
116

 
84

 
108

 
119

Common stock units related to deferred
compensation for employees
 
25

 
27

 
25

 
27

Restricted common stock units related
to incentive compensation
 
26

 
31

 
8

 
(16
)
Total common and common equivalent shares
adjusted to calculate diluted earnings per share
 
41,850

 
41,575

 
41,727

 
41,467

 
 
 
 
 
 
 
 
 
Net income per share – diluted
 
$
0.30

 
$
0.64

 
$
0.93

 
$
1.06