Exhibit 11. Statement re computation of per share earnings.

TORCHMARK CORPORATION

COMPUTATION OF EARNINGS PER SHARE

	Three months ended September 30,
	2009		2008
Net Income	$	100,800,000	$	63,151,000
Basic weighted average shares outstanding		82,746,244		87,019,210
Diluted weighted average shares outstanding		82,843,574		87,811,267
Basic net income per share	$	1.22	$	0.73
Diluted net income per share	$	1.22	$	0.72
	Nine months ended September 30,
	2009		2008
Net Income	$	291,624,000	$	315,050,000
Basic weighted average shares outstanding		83,114,675		89,082,094
Diluted weighted average shares outstanding		83,114,675		90,203,742
Basic net income per share	$	3.51	$	3.54
Diluted net income per share	$	3.51	$	3.49