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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 | ||||
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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 | ||||
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Diluted net income per share | $ | 1.44 | $ | 1.32 | ||||
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Six Months Ended June 30, | ||||||||
2013 | 2012 | |||||||
Net Income | $ | 253,533,000 | $ | 247,665,000 | ||||
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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 | ||||
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Diluted net income per share | $ | 2.70 | $ | 2.48 | ||||
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