Exhibit 11

Horace Mann Educators Corporation

Computation of Net Income per Share

For the Years Ended December 31, 2013, 2012 and 2011

(Amounts in thousands, except per share data)

	Year Ended December 31,
	2013			2012			2011
Basic:
Net income for the period	$	110,893		$	103,866		$	70,506
Weighted average number of common     shares during the period		40,377			39,514			39,866
Net income per share - basic	$	2.75		$	2.63		$	1.77
Diluted:
Net income for the period	$	110,893		$	103,866		$	70,506
Weighted average number of common     shares during the period		40,377			39,514			39,866
Weighted average number of common     equivalent shares to reflect the dilutive     effect of common stock equivalent securities:
Stock options		211			222			206
Common stock units related to deferred     compensation for Directors		-			112			114
Common stock units related to deferred     compensation for Employees		112			116			115
Restricted common stock units related to     incentive compensation		933			1,424			1,136
Total common and common equivalent shares     adjusted to calculate diluted earnings per share		41,633			41,388			41,437
Net income per share – diluted	$	2.66		$	2.51		$	1.70
Percentage of dilution compared to basic net     income per share		3.3	%		4.6	%		4.0	%