EX-11 3 d545956dex11.htm EX-11 EX-11

Exhibit 11. Statement re computation of per share earnings.

TORCHMARK CORPORATION

COMPUTATION OF EARNINGS PER SHARE

 

     Three Months Ended
June 30,
 
     2013      2012  

Net Income

   $ 133,901,000       $ 128,988,000   
  

 

 

    

 

 

 

Basic weighted average shares outstanding

     92,195,368         96,896,301   

Diluted weighted average shares outstanding

     93,297,269         97,826,001   

Basic net income per share

   $ 1.45       $ 1.33   
  

 

 

    

 

 

 

Diluted net income per share

   $ 1.44       $ 1.32   
  

 

 

    

 

 

 
     Six Months Ended
June 30,
 
     2013      2012  

Net Income

   $ 253,533,000       $ 247,665,000   
  

 

 

    

 

 

 

Basic weighted average shares outstanding

     92,844,245         98,482,330   

Diluted weighted average shares outstanding

     94,043,778         99,682,880   

Basic net income per share

   $ 2.73       $ 2.51   
  

 

 

    

 

 

 

Diluted net income per share

   $ 2.70       $ 2.48