Net Income Per Unrestricted Share (Tables)

9 Months Ended

Sep. 30, 2020

Earnings Per Share [Abstract]

Schedule of Calculation of Numerator and Denominator in Earnings Per Share

A reconciliation of the numerator and denominator used in the calculation of Basic Net Income Per Unrestricted Share and Diluted Net Income Per Unrestricted Share for the nine and three months ended September 30, 2020 and 2019 is presented below.

	Nine Months Ended				Three Months Ended
(Dollars in Millions)	Sep 30, 2020		Sep 30, 2019		Sep 30, 2020		Sep 30, 2019
Net Income	$	312.4	$	406.4	$	122.3	$	129.0
Less Net Income Attributed to Participating Awards	0.3		1.4		0.1		0.4
Net Income Attributed to Unrestricted Shares	312.1		405.0		122.2		128.6
Dilutive Effect on Income of Equity-based Compensation Equivalent Shares	—		—		—		—
Diluted Net Income Attributed to Unrestricted Shares	$	312.1	$	405.0	$	122.2	$	128.6
(Number of Shares in Thousands)
Weighted-average Unrestricted Shares Outstanding	65,710.8		65,621.8		65,362.5		66,622.4
Equity-based Compensation Equivalent Shares	1,086.6		719.4		1,271.0		585.3
Weighted-average Unrestricted Shares and Equivalent Shares Outstanding Assuming Dilution	66,797.4		66,341.2		66,633.5		67,207.7
(Per Unrestricted Share in Whole Dollars)
Basic Net Income Per Unrestricted Share	$	4.75	$	6.17	$	1.87	$	1.93
Diluted Net Income Per Unrestricted Share	$	4.67	$	6.10	$	1.83	$	1.91

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 nine and three months ended September 30, 2020 and 2019, because the effect of inclusion would be anti-dilutive, is presented below.

	Nine Months Ended		Three Months Ended
(Number of Shares in Thousands)	Sep 30, 2020	Sep 30, 2019	Sep 30, 2020	Sep 30, 2019
Equity-based Compensation Equivalent Shares	873.3	553.6	876.1	544.7
Weighted-average Unrestricted Shares and Equivalent Shares Outstanding Assuming Dilution	873.3	553.6	876.1	544.7