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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Total revenues $ 462,651 $ 447,554 $ 923,813 $ 876,985
Cost of services 312,669 312,052 630,927 613,543
Selling, general and administrative expenses 57,886 56,973 115,959 111,885
Total operating expenses 370,555 369,025 746,886 725,428
Operating income 92,096 78,529 176,927 151,557
Nonoperating expenses (1,818) (841) (2,223) (1,568)
Income before income taxes and equity in income of equity investments 90,278 77,688 174,704 149,989
Income taxes 24,553 23,658 54,108 48,815
Income before equity in income of equity investments 65,725 54,030 120,596 101,174
Equity in income of equity investments, net of tax 2,252 617 5,026 2,885
Net income 67,977 54,647 125,622 104,059
Net income attributable to noncontrolling interests (1,267) (900) (2,516) (1,522)
Net income attributable to Total System Services, Inc. (TSYS) common shareholders $ 66,710 $ 53,747 $ 123,106 $ 102,537
Basic earnings per share (EPS) attributable to TSYS common shareholders (Note 11) $ 0.35 $ 0.28 $ 0.65 $ 0.53
Diluted EPS attributable to TSYS common shareholders $ 0.35 $ 0.28 $ 0.65 $ 0.53