Net Income (Loss) Per Unrestricted Share

3 Months Ended

Mar. 31, 2024

Net Income (Loss) Per Unrestricted Share

A reconciliation of the numerator and denominator used in the calculation of Basic Net Income (Loss) Per Unrestricted Share and Diluted Net Income (Loss) Per Unrestricted Share for the three months ended March 31, 2024 and 2023 is presented below.


	Three Months Ended
(Dollars in Millions, except per share amounts)		Mar 31, 2024		Mar 31, 2023
Net Income (Loss) attributable to Kemper Corporation		$	71.3	$	(80.1)




Shares in Thousands
Weighted-average Unrestricted Shares Outstanding		64,254.5		63,946.6
Equity-based Compensation Equivalent Shares		518.3		—
Weighted-average Unrestricted Shares and Equivalent Shares Outstanding Assuming Dilution		64,772.8		63,946.6

Net Income (Loss) attributable to Kemper Corporation per Unrestricted Share:
(Per Unrestricted Share in Whole Dollars)
Basic Net Income (Loss) Per Unrestricted Share		$	1.11	$	(1.25)
Diluted Net Income (Loss) Per Unrestricted Share		$	1.10	$	(1.25)

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 because the effect of inclusion would be anti-dilutive was 1.7 million and 2.5 million for the three months ended March 31, 2024 and 2023, respectively.