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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2015
Basic and Diluted Earnings Per Share

The following table illustrates basic and diluted EPS for the three months ended March 31, 2015 and 2014:

 

     Three months ended March 31,  
     2015      2014  
(in thousands, except per share data)    Common
Stock
     Participating
Securities
     Common
Stock
     Participating
Securities
 

Basic EPS:

           

Net income attributable to TSYS common shareholders

   $ 77,755            49,303      

Less income allocated to nonvested awards

     (712      712         (516      516   
  

 

 

    

 

 

    

 

 

    

 

 

 

Net income allocated to common stock for EPS calculation (a)

$ 77,043      712      48,787      516   
  

 

 

    

 

 

    

 

 

    

 

 

 

Average common shares outstanding (b)

  182,772      1,709      185,763      1,989   
  

 

 

    

 

 

    

 

 

    

 

 

 

Basic EPS (a)/(b)

$ 0.42      0.42      0.26      0.26   
  

 

 

    

 

 

    

 

 

    

 

 

 

Diluted EPS:

Net income attributable to TSYS common shareholders

$ 77,755      49,303   

Less income allocated to nonvested awards

  (709   709      (512   512   
  

 

 

    

 

 

    

 

 

    

 

 

 

Net income allocated to common stock for EPS calculation (c)

$ 77,046      709      48,791      512   
  

 

 

    

 

 

    

 

 

    

 

 

 

Average common shares outstanding

  182,772      1,709      185,763      1,989   

Increase due to assumed issuance of shares related to common equivalent shares outstanding

  1,082      2,632   
  

 

 

    

 

 

    

 

 

    

 

 

 

Average common and common equivalent shares outstanding (d)

  183,854      1,709      188,395      1,989   
  

 

 

    

 

 

    

 

 

    

 

 

 

Diluted EPS (c)/(d)

$ 0.42      0.42      0.26      0.26