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Net Income Per Unrestricted Share (Tables)
6 Months Ended
Jun. 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 six and three months ended June 30, 2020 and 2019 is presented below.
 
 
Six Months Ended
 
Three Months Ended
(Dollars in Millions)
 
Jun 30,
2020
 
Jun 30,
2019
 
Jun 30,
2020
 
Jun 30,
2019
Net Income
 
$
190.1

 
$
277.4

 
$
126.1

 
$
122.1

Less Net Income Attributed to Participating Awards
 
0.2

 
1.0

 
0.1

 
0.3

Net Income Attributed to Unrestricted Shares
 
189.9

 
276.4

 
126.0

 
121.8

Dilutive Effect on Income of Equity-based Compensation Equivalent Shares
 

 

 

 

Diluted Net Income Attributed to Unrestricted Shares
 
$
189.9

 
$
276.4

 
$
126.0

 
$
121.8

(Number of Shares in Thousands)
 
 
 
 
 
 
 
 
Weighted-average Unrestricted Shares Outstanding
 
65,886.8

 
65,113.2

 
65,257.6

 
65,408.1

Equity-based Compensation Equivalent Shares
 
781.1

 
786.4

 
763.2

 
781.8

Weighted-average Unrestricted Shares and Equivalent Shares Outstanding Assuming Dilution
 
66,667.9

 
65,899.6

 
66,020.8

 
66,189.9

(Per Unrestricted Share in Whole Dollars)
 
 
 
 
 
 
 
 
Basic Net Income Per Unrestricted Share
 
$
2.88

 
$
4.25

 
$
1.93

 
$
1.87

Diluted Net Income Per Unrestricted Share
 
$
2.85

 
$
4.20

 
$
1.91

 
$
1.84


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 six and three months ended June 30, 2020 and 2019, because the effect of inclusion would be anti-dilutive, is presented below.
 
 
Six Months Ended
 
Three Months Ended
(Number of Shares in Thousands)
 
Jun 30,
2020
 
Jun 30,
2019
 
Jun 30,
2020
 
Jun 30,
2019
Equity-based Compensation Equivalent Shares
 
872.0

 
558.1

 
915.0

 
541.7

Weighted-average Unrestricted Shares and Equivalent Shares Outstanding Assuming Dilution
 
872.0

 
558.1

 
915.0

 
541.7