Exhibit 11
Exhibit 11. Statement re computation of per share earnings.
TORCHMARK CORPORATION
COMPUTATION OF EARNINGS PER SHARE
| Three Months Ended March 31, | ||||||||
| 2011 | 2010 | |||||||
Income from continuing operations | 106,132,000 | 115,393,000 | ||||||
Income from discontinued operations | (599,000 | ) | 6,283,000 | |||||
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Net Income | $ | 105,533,000 | $ | 121,676,000 | ||||
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Basic weighted average shares outstanding | 77,878,218 | 82,846,370 | ||||||
Diluted weighted average shares outstanding | 79,342,768 | 83,213,772 | ||||||
Basic net income per share: | ||||||||
Continuing operations | $ | 1.37 | $ | 1.39 | ||||
Discontinued operations | (0.01 | ) | 0.08 | |||||
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Total basic net income per share | $ | 1.36 | $ | 1.47 | ||||
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Diluted net income per share: | ||||||||
Continuing operations | $ | 1.34 | $ | 1.39 | ||||
Discontinued operations | (0.01 | ) | 0.07 | |||||
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Total diluted net income per share | $ | 1.33 | $ | 1.46 | ||||
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