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Content analysis
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- 10-Q Quarterly report
- 10.11 Summary of Hmec Named Executive Officer Annualized Salaries
- 10.13 Revised Schedule to Change In Control Agreement
- 10.16 Brent H. Hamann Letter of Employment
- 11 Statement Regarding Computation of Per Share Earnings
- 15 KPMG LLP Letter Regarding Unaudited Interim Financial Information
- 31.1 Section 302 Certification of CEO
- 31.2 Section 302 Certification of CFO
- 32.1 Section 906 Certification of CEO
- 32.2 Section 906 Certification of CFO
- 99.1 Glossary of Selected Terms
Exhibit 11
Horace Mann Educators Corporation
Computation of Net Income per Share (Unaudited)
For the Three Months Ended March 31, 2009 and 2008
(Amounts in thousands, except per share data)
Three Months Ended March 31, | ||||||
2009 | 2008 | |||||
Basic - assumes no dilution: | ||||||
Net income | $ | 13,431 | $ | 14,256 | ||
Weighted average number of common shares outstanding during the period | 39,164 | 41,055 | ||||
Net income per share – basic | $ | 0.34 | $ | 0.35 | ||
Diluted - assumes full dilution: | ||||||
Net income | $ | 13,431 | $ | 14,256 | ||
Weighted average number of common shares outstanding during the period | 39,164 | 41,055 | ||||
Weighted average number of common equivalent shares to reflect the dilutive effect of common stock equivalent securities: | ||||||
Stock options | 20 | 60 | ||||
Common stock units related to Deferred Equity Compensation Plan for Directors | 179 | 213 | ||||
Common stock units related to Deferred Compensation Plan for Employees | 195 | 220 | ||||
Restricted common stock units related to Incentive Compensation Plan - | 827 | 598 | ||||
Total common and common equivalent shares adjusted to calculate diluted earnings per share | 40,385 | 42,146 | ||||
Net income per share – diluted | $ | 0.33 | $ | 0.34 | ||