Income from Continuing Operations Per Unrestricted Share (Tables)

3 Months Ended

Mar. 31, 2020

Schedule of Calculation of Numerator and Denominator in Earnings Per Share

A reconciliation of the numerator and denominator used in the calculation of Basic Income from Continuing Operations Per Unrestricted Share and Diluted Income from Continuing Operations Per Unrestricted Share for the three months ended March 31, 2020 and 2019 is presented below.



	Three Months Ended
	Mar 31, 2020		Mar 31, 2019
(Dollars in Millions)
Income from Continuing Operations	$	64.0	$	155.3
Less Income from Continuing Operations Attributed to Participating Awards	0.1		0.7
Income from Continuing Operations Attributed to Unrestricted Shares	63.9		154.6
Dilutive Effect on Income of Equity-based Compensation Equivalent Shares	—		—
Diluted Income from Continuing Operations Attributed to Unrestricted Shares	$	63.9	$	154.6
(Number of Shares in Thousands)
Weighted-average Unrestricted Shares Outstanding	66,515.9		64,815.0
Equity-based Compensation Equivalent Shares	458.3		791.0
Weighted-average Unrestricted Shares and Equivalent Shares Outstanding Assuming Dilution	66,974.2		65,606.0
(Per Unrestricted Share in Whole Dollars)
Basic Income from Continuing Operations Per Unrestricted Share	$	0.96	$	2.38
Diluted Income from Continuing Operations Per Unrestricted Share	$	0.95	$	2.35

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The number of shares of Kemper common stock that were excluded from the calculations of Equity-based Compensation Equivalent Shares and Weighted-average Unrestricted Shares and Equivalent Shares Outstanding Assuming Dilution for the three months ended March 31, 2020 and 2019, because the effect of inclusion would be anti-dilutive, is presented below.

Three Months Ended

(Number of Shares in Thousands)

Mar 31,
2020

Mar 31,
2019

Equity-based Compensation Equivalent Shares

Weighted-average Unrestricted Shares and Equivalent Shares Outstanding Assuming Dilution