Exhibit 11. Statement re computation of per share earnings.

TORCHMARK CORPORATION

COMPUTATION OF EARNINGS PER SHARE

	Three Months Ended June 30,
	2014		2013
Net Income	$	130,923,000	$	133,901,000
Basic weighted average shares outstanding		131,491,182		138,293,052
Diluted weighted average shares outstanding		133,314,822		139,945,904
Basic net income per share	$	1.00	$	0.97
Diluted net income per share	$	0.98	$	0.96
	Six Months Ended June 30,
	2014		2013
Net Income	$	263,779,000	$	253,533,000
Basic weighted average shares outstanding		132,322,704		139,326,368
Diluted weighted average shares outstanding		134,179,200		141,065,667
Basic net income per share	$	1.99	$	1.82
Diluted net income per share	$	1.97	$	1.80