Attached files
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 | |||||
Net Income |
$ | 105,533,000 | $ | 121,676,000 | ||||
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 | |||||
Total basic net income per share |
$ | 1.36 | $ | 1.47 | ||||
Diluted net income per share: |
||||||||
Continuing operations |
$ | 1.34 | $ | 1.39 | ||||
Discontinued operations |
(0.01 | ) | 0.07 | |||||
Total diluted net income per share |
$ | 1.33 | $ | 1.46 | ||||