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New words:
Data, incremental, Interactive, Johnson, Kimberly, LLC, Nevada, passed, passing, statute, thousand
Removed:
actuarial, beverage, disposed, education, Firm, food, hurricane, modernization, modestly, offering, weather, write
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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 |