EX-11 2 tmk2015q3exhibit11.htm EXHIBIT 11 Exhibit


Exhibit 11. Statement re computation of per share earnings.
TORCHMARK CORPORATION
COMPUTATION OF EARNINGS PER SHARE


Three Months Ended 
 September 30,

2015

2014
Net Income
$
145,386,000


$
132,412,000

Basic weighted average shares outstanding
124,457,996


129,969,902

Diluted weighted average shares outstanding
126,140,309


131,877,205

Basic net income per share
$
1.17


$
1.02

Diluted net income per share
$
1.15


$
1.00


 
Nine Months Ended 
 September 30,
 
2015
 
2014
Net Income
$
394,144,000

 
$
396,191,000

Basic weighted average shares outstanding
125,788,925

 
131,529,818

Diluted weighted average shares outstanding
127,403,089

 
133,431,340

Basic net income per share
$
3.13

 
$
3.01

Diluted net income per share
$
3.09

 
$
2.97