other material
confidence low
sentiment neutral
materiality 0.40
Horace Mann adopts ASU 2018-12 for long-duration contracts; recasts prior period results in new supplement
HORACE MANN EDUCATORS CORP /DE/
- Adopted ASU 2018-12 effective Jan 1, 2023 using modified retrospective approach with transition date Jan 1, 2021.
- Furnished recast investor supplement for Dec 31, 2022 (Exhibit 99.2) to illustrate changes to prior period financials.
- Included glossary of selected non-GAAP measures (Exhibit 99.1) for reference; actual recast figures not provided in filing text.
- Disclosure made under Regulation FD; information is furnished, not filed.
- No specific recast numbers or financial impact figures available in the provided exhibits.