Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2018

Earnings Per Share

Schedule of basic and diluted EPS

	Three months ended
	March 31,
	2018		2017
(in thousands, except per share data)	Common Stock		Common Stock
Basic EPS:
Net income attributable to TSYS common shareholders	$	141,841		105,868
Less income allocated to nonvested awards		(168)		(373)
Net income allocated to common stock for EPS calculation (a)	$	141,673		105,495
Average common shares outstanding (b)		181,395		183,220
Basic EPS (a)/(b)	$	0.78		0.58
Diluted EPS:
Net income attributable to TSYS common shareholders	$	141,841		105,868
Less income allocated to nonvested awards		(168)		(373)
Add income allocated to nonvested awards1		168		373
Net income allocated to common stock for EPS calculation (c)	$	141,841		105,868
Average common shares outstanding		181,395		183,220
Increase due to assumed issuance of shares related to common equivalent shares outstanding		1,236		1,067
Average nonvested awards1		667		651
Average common and common equivalent shares outstanding (d)		183,298		184,938
Diluted EPS (c)/(d)	$	0.77		0.57

¹ In accordance with the diluted EPS guidance under the two-class method, the Company uses the approach- either the treasury stock method or the two-class method assuming a participating security is not exercised- that is more dilutive. In 2018 and 2017, the Company used the two-class method.

	Three months ended
	March 31,
	2018		2017
(in thousands, except per share data)	Participating Securities		Participating Securities
Basic EPS:
Net income allocated to nonvested awards (a)	$	168		373
Nonvested awards (b)		217		660
Basic EPS (a)/(b)	$	0.77		0.57
Diluted EPS:
Net income allocated to nonvested awards (c)	$	168		371
Average common and common equivalent shares outstanding (d)		217		660
Diluted EPS (c)/(d)	$	0.77		0.56