EX-11 3 d590980dex11.htm EX-11 EX-11

Exhibit 11. Statement re computation of per share earnings.

TORCHMARK CORPORATION

COMPUTATION OF EARNINGS PER SHARE

 

     Three Months Ended
September 30,
 
     2013      2012  

Net Income

   $ 132,122,000       $ 130,672,000   
  

 

 

    

 

 

 

Basic weighted average shares outstanding

     91,269,169         95,125,843   

Diluted weighted average shares outstanding

     92,673,374         96,342,122   

Basic net income per share

   $ 1.45       $ 1.37   
  

 

 

    

 

 

 

Diluted net income per share

   $ 1.43       $ 1.36   
  

 

 

    

 

 

 

 

     Nine Months Ended
September 30,
 
     2013      2012  

Net Income

   $ 385,655,000       $ 378,337,000   
  

 

 

    

 

 

 

Basic weighted average shares outstanding

     92,339,971         97,355,334   

Diluted weighted average shares outstanding

     93,658,357         98,638,098   

Basic net income per share

   $ 4.18       $ 3.89   
  

 

 

    

 

 

 

Diluted net income per share

   $ 4.12       $ 3.84