Exhibit 11. Statement re computation of per share earnings.

TORCHMARK CORPORATION

COMPUTATION OF EARNINGS PER SHARE

	Three Months Ended September 30,
	2014		2013
Net Income	$	132,412,000	$	132,122,000
Basic weighted average shares outstanding		129,969,902		136,903,754
Diluted weighted average shares outstanding		131,877,205		139,010,061
Basic net income per share	$	1.02	$	0.97
Diluted net income per share	$	1.00	$	0.95
	Nine Months Ended September 30,
	2014		2013
Net Income	$	396,191,000	$	385,655,000
Basic weighted average shares outstanding		131,529,818		138,509,957
Diluted weighted average shares outstanding		133,431,340		140,487,536
Basic net income per share	$	3.01	$	2.78
Diluted net income per share	$	2.97	$	2.75