Exhibit 11

WADDELL & REED FINANCIAL, INC.

COMPUTATION OF EARNINGS PER SHARE

	2012			2011		2010
	(in thousands except per share data)
Income from continuing operations	$	192,528		$	172,205	$	153,428
Income (loss) from discontinued operations	(41,576		)	3,254		3,531
Net income	$	150,952		$	175,459	$	156,959
Basic weighted average shares outstanding	85,726			85,783		85,618
Diluted weighted average shares outstanding	85,728			85,793		85,647
Net income per share, basic and diluted:
Income from continuing operations	$	2.25		$	2.01	$	1.79
Income (loss) from discontinued operations	(0.49		)	0.04		0.04
Net income	$	1.76		$	2.05	$	1.83