Attached files
| file | filename |
|---|---|
| EX-32 - EX-32 - TOTAL SYSTEM SERVICES INC | tss-20180331xex32.htm |
| EX-31.2 - EX-31.2 - TOTAL SYSTEM SERVICES INC | tss-20180331ex312f7a590.htm |
| EX-31.1 - EX-31.1 - TOTAL SYSTEM SERVICES INC | tss-20180331ex311c87178.htm |
| EX-10.1 - EX-10.1 - TOTAL SYSTEM SERVICES INC | tss-20180331ex101e8b966.htm |
| 10-Q - 10-Q - TOTAL SYSTEM SERVICES INC | tss-20180331x10q.htm |
EXHIBIT 12
TOTAL SYSTEM SERVICES, INC.
Ratio of Earnings to Fixed Charges
|
|
Three months ended |
|
Years Ended |
|||||||||
|
|
March 31, |
|
December 31, |
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|
(in thousands) |
2018 |
|
2017 |
|
2016 |
|
2015 |
|
2014 |
|
2013 |
|
|
Fixed Charges: |
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest expense |
$ |
37,400 |
|
118,221 |
|
115,363 |
|
40,701 |
|
40,975 |
|
32,449 |
|
Interest factor in rental expense |
|
1,560 |
|
5,953 |
|
5,805 |
|
6,243 |
|
5,115 |
|
4,780 |
|
Total Fixed Charges |
$ |
38,960 |
|
124,174 |
|
121,168 |
|
46,944 |
|
46,090 |
|
37,229 |
|
Earnings: |
|
|
|
|
|
|
|
|
|
|
|
|
|
Income before income taxes |
$ |
150,629 |
|
617,562 |
|
461,032 |
|
493,564 |
|
392,928 |
|
352,476 |
|
Add: Total fixed charges |
|
38,960 |
|
124,174 |
|
121,168 |
|
46,944 |
|
46,090 |
|
37,229 |
|
Total earnings |
$ |
189,589 |
|
741,736 |
|
582,200 |
|
540,508 |
|
439,018 |
|
389,705 |
|
Ratio of earning to fixed charges |
|
4.9x |
|
6.0x |
|
4.8x |
|
11.5x |
|
9.5x |
|
10.5x |
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|
|
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