XML 34 R13.htm IDEA: XBRL DOCUMENT v3.22.0.1

Income from Continuing Operations Per Unrestricted Share

12 Months Ended

Dec. 31, 2021

Earnings Per Share [Abstract]

Income from Continuing Operations Per Unrestricted Share

INCOME PER UNRESTRICTED SHARE

The Company’s awards of deferred stock units granted to Kemper’s non-employee directors prior to 2019 contain rights to receive non-forfeitable dividend equivalents and participate in the undistributed earnings with common shareholders. Accordingly, the Company is required to apply the two-class method of computing basic and diluted earnings per 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 years ended December 31, 2021, 2020 and 2019 is presented below.

						2021						2020						2019
DOLLARS IN MILLIONS
Net Income (Loss)						$	(120.5)					$	409.9					$	531.1
Less: Net Income Attributed to Participating Awards						—						0.4						1.7
Net Income (Loss) Attributed to Unrestricted Shares						(120.5)						409.5						529.4
Dilutive Effect on Income of Equity-based Compensation Equivalent Shares						—						—						—
Diluted Net Income (Loss) Attributed to Unrestricted Shares						$	(120.5)					$	409.5					$	529.4
SHARES IN THOUSANDS
Weighted-average Unrestricted Shares Outstanding						64,264.4						65,636.1						65,880.9
Equity-based Compensation Equivalent Shares						—						1,093.7						667.2
Weighted-average Unrestricted Shares and Equivalent Shares Outstanding Assuming Dilution						64,264.4						66,729.8						66,548.1
PER UNRESTRICTED SHARE IN WHOLE DOLLARS
Basic Net Income (Loss) Per Unrestricted Share						$	(1.87)					$	6.24					$	8.04
Diluted Net Income (Loss) Per Unrestricted Share						$	(1.87)					$	6.14					$	7.96

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 years ended December 31, 2021, 2020 and 2019, because the effect of inclusion would be anti-dilutive, is presented below.

SHARES IN THOUSANDS						2021						2020						2019
Equity-based Compensation Equivalent Shares						2,180.1						874.5						556.4
Weighted-average Unrestricted Shares and Equivalent Shares Outstanding Assuming Dilution						2,180.1						874.5						556.4

X

- References

No definition available.

+ Details

Name:	us-gaap_EarningsPerShareAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for earnings per share.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-URI http://asc.fasb.org/topic&trid=2144383

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257

+ Details

Name:	us-gaap_EarningsPerShareTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration