Exhibit 11. Statement re computation of per share earnings.

TORCHMARK CORPORATION

COMPUTATION OF EARNINGS PER SHARE

	Three months ended June 30,
	2009		2008
Net Income	$	114,118,000	$	133,726,000
Basic weighted average shares outstanding		82,734,765		89,461,429
Diluted weighted average shares outstanding		82,734,765		90,697,732
Basic net income per share	$	1.38	$	1.49
Diluted net income per share	$	1.38	$	1.47
	Six months ended June 30,
	2009		2008
Net Income	$	190,824,000	$	251,899,000
Basic weighted average shares outstanding		83,301,945		90,124,870
Diluted weighted average shares outstanding		83,301,945		91,365,945
Basic net income per share	$	2.29	$	2.79
Diluted net income per share	$	2.29	$	2.76