XML 71 R42.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Shareholders' Equity and Share-Based Compensation (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Equity [Abstract] |
Summary of Stock Units and Stock Options Outstanding under the Comprehensive Plan | As further described in the paragraphs below, CSUs, stock options and RSUs under the Comprehensive Plan were as follows:
|  | December 31,
|  | 2023 |  | 2022 |  | 2021
CSUs related to deferred compensation for Directors |  | 14,458 |  |  | 15,372 |  |  | 26,313 |
CSUs related to deferred compensation for employees |  | 12,972 |  |  | 12,437 |  |  | 16,571 |
Stock options |  | 1,402,514 |  |  | 1,194,352 |  |  | 1,032,128 |
RSUs related to incentive compensation |  | 925,230 |  |  | 816,759 |  |  | 834,981 |
Total |  | 2,355,174 |  |  | 2,038,920 |  |  | 1,909,993 |
Summary of Changes in Outstanding Options | Changes in outstanding options were as follows:
|  | Weighted Average Option Price per Share |  | Range of Option Prices per Share |  | Options
|  |  |  | Outstanding |  | Vested and Exercisable
December 31, 2022 |  | $39.41 |  | $28.88-$42.95 |  | 1,194,352 |  |  | 766,444 |
Granted |  | $35.62 |  | $32.13-$35.98 |  | 209,028 |  |  | — |
Vested |  | $40.56 |  | $38.99-$41.83 |  | — |  |  | 176,954 |
Exercised |  | $28.88 |  | $28.88-$28.88 |  | (866) |  |  | (866) |
Forfeited |  | $— |  | $— |  | — |  |  | — |
Expired |  | $— |  | $— |  | — |  |  | — |
December 31, 2023 |  | $38.85 |  | $28.88-$42.95 |  | 1,402,514 |  |  | 942,532 |
Option information segregated by ranges of exercise prices were as follows:
|  | December 31, 2023
|  |  |  | Total Outstanding Options |  | Vested and Exercisable Options
|  | Range of Option Prices per Share |  | Options |  | Weighted Average Option Price per Share |  | Weighted Average Remaining Term |  | Options |  | Weighted Average Option Price per Share |  | Weighted Average Remaining Term
|  | 28.88-32.35 |  | 213,890 |  |  | $30.94 |  | 2.31 |  | 194,326 |  |  | $30.82 |  | 1.60
|  | 35.98-38.99 |  | 388,544 |  |  | $37.51 |  | 7.10 |  | 199,080 |  |  | $38.96 |  | 5.12
|  | 40.10-42.95 |  | 800,080 |  |  | $41.62 |  | 5.91 |  | 549,126 |  |  | $41.87 |  | 5.19
Total |  |  |  | 1,402,514 |  |  | $38.85 |  | 5.69 |  | 942,532 |  |  | $38.98 |  | 4.44
Summary of Changes in Outstanding Restricted Common Stock Units | Changes in outstanding RSUs were as follows:
|  | Total Outstanding Units |  | Vested Units
|  | Units |  | Weighted Average Grant Date Fair Value per Unit |  | Units |  | Weighted Average Grant Date Fair Value per Unit
December 31, 2022 |  | 816,759 |  |  | $36.58 |  | 416,082 |  |  | $28.93
Granted(1) |  | 286,648 |  |  | $35.78 |  | — |  |  | —
Adjustment for performance achievement |  | 6,174 |  |  | $44.49 |  | — |  |  | —
Vested |  | — |  |  | — |  | 176,082 |  |  | $41.93
Forfeited |  | (5,323) |  |  | $42.25 |  | — |  |  | —
Distributed(2) |  | (179,028) |  |  | $41.65 |  | (179,028) |  |  | $41.65
December 31, 2023 |  | 925,230 |  |  | $35.43 |  | 413,136 |  |  | $29.04
(1) Includes dividends reinvested into additional RSUs. (2) Includes distributed units which were utilized to satisfy withholding taxes due on the distribution.

X
- Definition A table of share based compensation arrangement by share based payment awards equity instruments outstanding, shown as a text block. + References No definition available. + Details
Name: | hmn_ShareBasedCompensationArrangementByShareBasedPaymentAwardsEquityInstrumentsOutstandingTableTextBlock
Namespace Prefix: | hmn_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (e) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration